A Quote by Robert Reich

I'm 40 years old. What I have seen my whole life is widening income inequality. — © Robert Reich
I'm 40 years old. What I have seen my whole life is widening income inequality.
Income inequality has no necessary connection with poverty, the lack of material resources for a decent life, such as adequate food, shelter, and clothing. A society with great income inequality may have no poor people, and a society with no income inequality may have nothing but poor people.
The weak economy, widening income inequality, gridlock in Congress and a presidential election: Those were perhaps the dominant economic and political themes of 2012.
The past few decades of widening inequality can be summed up as significant income and wealth gains for those at the very top and stagnant living standards for the majority.
There have always been two theories about inequality. One is that it reflects just deserts. The other is that there are large elements of exploitation and inequality of opportunities. The evidence is overwhelmingly that the increase in inequality is associated with those negative factors. If it were all social contribution, then when the top did better, they would be contributing to everybody's well-being. That trickle-down hasn't happened. We've seen median income, people in the middle, actually worse off than they were 25 years ago.
Hillary Clinton, income inequality, it's richest damn woman next to the Kennedy family, and you're trying to tell me she cares about income inequality?
I'm 40 years old now and I have my friends from five years old up to 40, over 20 lifelong friends I have. And you can't keep that. You can't have that kind of friendship with people for 40 years from childhood friends if you're not an honorable person and if you're not a respectful person. And that's exactly what I am.
You see a lot of people get into 40, 50 years old and have these mid-life crises' or whatever their called because they realize they haven't been doing anything their whole life that makes them happy.
They talk about income inequality. I’m for income inequality.
I don't care if Rick Ross is 40 years old -- he's a misguided 40-year-old person.
Eye-popping tales of growing income inequality are hardly new. By now, nearly every American must be painfully aware of the widening pay gap between top executives and shop floor laborers; between 'Master of the Universe' financiers and pretty much everyone else.
My weight has fluctuated my whole life, and because I've been on television since I was 11 years old, everyone has seen it.
So here you are, in your twenties, thinking that you'll have another 40 years to go. Four decades in which to live long and prosper.Bad news. Read the papers. There are people dropping dead when they're 50, 40, 30 years old. Or quite possibly just after finishing their convocation. They would be very disappointed that they didn't meet their life expectancy.I'm here to tell you this. Forget about your life expectancy.
There are some people who say that they?re concerned only with poverty but not inequality. But I don?t think that is a sustainable thought. A lot of poverty is, in fact, inequality because of the connection between income and capability?having adequate resources to take part in the life of the community.
I think my life actually changed at 40. That's when you realize you can't ride the fence anymore. You either have to get on one side or the other. I think some of my best years were between 40 and 50: I got my priorities straight and life is good to me now. It's only other people who say, "God, she's 50 years old!" as if I'm over the hill. I feel like I just started.
It's very hard to persuade a young person who has seen the Great Recession, who has seen all the problems with inequality, to tell them inequality is not important and that markets are always efficient. They'd think you're crazy.
I did my 40 years in Washington, 40-plus, and it's time to pause and reflect and think about what I've seen and done.
This site uses cookies to ensure you get the best experience. More info...
Got it!