30 Issues: Labor

Robert Reich, professor of Public Policy at the University of California at Berkeley, Senior Fellow at the Blum Center for Developing Economies, and former Secretary of Labor, discusses the future of American labor if the Democrats take control of the House.

.@RBReich: "A ban on stock buybacks makes a lot of sense."

Says buybacks hurt workers bc employers choose to raise stock value instead of worker pay, and most workers don't have much by way of stock. Says 80% of stock market is owned by richest 10% of Americans.

— Brian Lehrer Show (@BrianLehrer) October 19, 2018