Word: reich
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...correct at the White House to complain about the economy; they see this defense of the status quo as dangerous. At a Monday-night meeting last week, top Labor Department officials and other liberal Democratic operatives grumbled that the White House was blocking any attempt by Labor Secretary Robert Reich to give some voice to workers' complaints about job losses and declining incomes. "They think it's morning in America over there," said an aide to Representative Richard Gephardt. "But most Americans don't even know what time it is because they are working so hard...
...EQUORD, 76, anti-Nazi conspirator; in Berlin. Part of the ill-fated July 1944 attempt by German officers to kill Hitler and end World War II, Hammerstein-Equord helped seize army headquarters. When it was retaken by SS troops, he escaped and hid until the defeat of the Third Reich...
...some of his screwy ideas on the work of an obscure economist, whose name he picked up from an article by the liberal journalist James Fallows. They observe that Buchanan's concerns about layoffs and middle-class insecurity (though not his proposed solutions) match those of Labor Secretary Robert Reich...
WASHINGTON, D.C.: Labor Secretary Robert Reich announced that employers who have abused their access to workers' 401(k) plans have until September 6th to return the funds or face prosecution. "As cops on the beat, our goal is not to collect fines," Reich said. "Our goal is to get workers the money that's owed them as quickly as possible." Reich's pragmatic approach, said TIME's Bernard Baumohl, is most likely due to the prohibitive legal costs of pursuing errant employers. "Companies have now been given due warning and a grace period to replenish the 401(k)," said Baumohl...
...well as they were four years ago. But Democrats have the advantage of being able to taunt Republicans for their opposition to raising the minimum wage, for wanting to cut the earned-income tax credit and for their free-floating hostility to labor unions. Says Labor Secretary Robert Reich: "Foreign competition is a sideshow relative to these other factors...