Word: reich
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President Clinton's proposed cure for the wage problem--creating a better-educated, more highly skilled work force--is in theory more versatile than Buchanan's. True, the Clinton approach was crafted with trade in mind; Labor Secretary Robert Reich, like Buchanan, stresses the role of economic globalization in displacing low-skilled American workers. But Reich's plan, unlike Buchanan's, makes about equal sense regardless of what the problem is. Whether workers are displaced by low-skilled immigrants, low-skilled foreigners or technology, they need new skills...
...Reich's training schemes have received a cool response in various corners. According to an analysis in the conservative journal the Public Interest, it would have cost $214 billion in training just to restore the average male high school dropout's 1989 earnings to the level of 1979. Still, some economists see cause to give the idea a chance, if on a smaller scale. Germany, where real wages have been rising even at the bottom of the income ladder, spends three times as much for each worker on labor-market training as the U.S., according to Stephen Nickell at Oxford...
...Washington bureau, we invited some mainstream economists, of course, including David Wyss of DRI/McGraw Hill and Allen Sinai of Lehman Brothers Global Economics. But we also added a U.S. Senator (Pete Domenici), one of Clinton's top economic advisers (Laura D'Andrea Tyson), a Cabinet member (Labor Secretary Robert Reich), a specialist on minority economics (Margaret Simms of the Joint Center for Political and Economic Studies), a conservative economist (Stephen Moore from the Cato Institute) and a New Democrat (Rob Shapiro of the Progressive Policy Institute...
...member of Hitler's small circle of intimates. Named Germany's war-production czar in 1942, Speer ran the munitions factories where hundreds of thousands of slave laborers died of overwork and malnutrition. To many skeptics, his protestations at Nuremberg and in his best-selling memoirs (Inside the Third Reich, The Secret Diaries) smack of deep denial and cover...
...writer could. She also usefully reminds that Hitler, for all the evil he inflicted, was not a cartoon monster but a man with immense charisma and even some charm. Albert Speer: His Battle with Truth has a rightful place in any library of writings about the Third Reich...