Robert Reich on Clinton's Errors of Crippling Welfare to Repealing Glass Steagall. 1 of 2

Democracy Now! on May 08, 2012 16:05

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    Former Secretary of Labor, Robert Reich, critiques President Obama’s handling of the economic crisis and the Clinton administration’s repeal of the Glass-Steagall Act, a key deregulatory move that ended the separation of commercial and investment banking and is widely seen as helping lead to the financial collapse. The Clinton administration also presided over a drastic transformation of U.S. welfare laws, throwing millions off of welfare rolls. Reich is professor of public policy at the University of California at Berkeley. He has written 13 books, including “Aftershock: The Next Economy and America's Future." His latest is an e-book is just out, "Beyond Outrage: What has gone wrong with our economy and our democracy, and how to fix it."

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