Robert Reich: "Let's Just Repeal The Sequester"
Robert Reich, former U.S. labor secretary and professor at U.C. Berkeley‚Äôs Goldman School of Public Policy, tells Current TV‚Äôs John Fugelsang why Democrats and Republicans need to cooperate in order to avert the looming sequester.
‚ÄúWhat Democrats ought to be proposing, and even Republicans ought to be proposing, is to say, ‚ÄėLet‚Äôs just repeal the sequester,‚Äô‚ÄĚ Reich says. ‚ÄúThe problem right now is not the budget deficit ‚ÄĒ the budget deficit is actually shrinking ‚ÄĒ the problem right now is jobs. The problem right now is the economy and economic growth. Wages. That‚Äôs what we ought to get back to ‚Äď the fundamentals.‚ÄĚ
‚ÄúTrickle-down economics is just a bald-faced lie,‚ÄĚ Reich adds. ‚ÄúIt means that you‚Äôre protecting the rich, protecting the powerful. It‚Äôs what Republicans have been doing for years, and you know, you tell a lie over and over and over again ‚Ä¶ and eventually people start to believe it.‚ÄĚ