Word: reiche
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...Disarmament is one step towards eliminating some of the structural defects in the Haitian government as it now exists," said Peter Reich, professor at the Whittier College School of Law. "The Haitian government is totally out of control. Devoting less money to the military will help Haiti rebuild the rest of its economy...
...Josten, the U.S. Chamber of Commerce senior vice president for policy: "One day the President is bashing pharmaceutical companies. The next day he is breaking down doors to sell exports in China and Saudi Arabia. This Administration talks very pro-business in some respects, yet Secretary of Labor ((Robert)) Reich will go to an AFL-CIO convention and say, 'Your agenda is our agenda. We need bigger and stronger unions.' That leaves business confused." Well, maybe so. But when Ron Brown starts packing his bags, some of the most powerful executives in corporate America start packing theirs...
Labor Secretary Robert Reich released a report, timed to his annual sizing-up of the American work force, saying it's getting tougher for people without college degrees. The wage and benefit gap between college graduates and less educated workers grew last year -- as it has for two decades. College-educated workers now face just 3 percent unemployment, while those without high school diplomas face 12 percent, Reich said. A key part of the gap seems to be computers: two-thirds of college graduates work on computers, in contrast to one-third of those without a degree...
...Nazis were close to producing a nuclear weapon. Berg did not know enough physics or German to be sure whether or not he should shoot, and he didn't. The genius who formulated the uncertainty principle proved to be an incompetent administrator, so his continued service to the Reich probably benefited the Allies...
...about a "natural rate of unemployment": the rate below which labor shortages start to develop in some sectors. There is much debate over where that level is and whether it has changed in recent years. The consensus is that it's around 6% -- about where we are now. But Reich argues that retraining can reduce that natural rate of unemployment by helping workers move from areas of labor surplus to areas of labor shortage. It puts off the moment in any boom when the Fed has to blow the whistle...