Word: reiche
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...Administration has not already done enough to damage the economy, Clinton's right-hand man Secretary of Labor Robert Reich has begun his push for what may be the knock-out blow to job creation. Reich has proposed to raise the minimum wage by 12 percent, to $4.75 an hour, and institute automatic annual increases...
...this has been reflected in an equally slow reduction in unemployment -- down from 7.8% in June 1992 to 6.8% last month, but still far higher than normal for this stage of an expansion. But the unemployment rate is a grossly inadequate measure of hardship. Secretary of Labor Robert Reich estimates that in addition to the 8.8 million people officially counted as jobless, 1.2 million are so discouraged that they have quit looking for work and thus are no longer counted. The Bureau of Labor Statistics figures that as many as 6.2 million more would like to work full time...
Secretary of Labor Robert B. Reich, must have been a soothsayer in another life and is certainly a visionary in this one (last year's New Republic hatchet-job notwithstanding), has succinctly encapsulated the terms of the new debate. In his 1991 book "The Work Of Nations" Reich observed that "the real economic challenge facing the United States in the years ahead--the same as that facing every other nation--is to increase the potential value of what its citizens can add to the global economy, by enhancing their skills and capacities and by improving their means of linking those...
Even members of the Cabinet seemed a bit addled. On the morning Secretary of Health and Human Services Donna Shalala told a Senate committee the bill sets no global budget -- that is, no limit on total national spending for health care -- Treasury Secretary Lloyd Bentsen and Labor Secretary Robert Reich separately testified that it does. (In fact, there is nothing called a global budget, but the Administration hopes limits on insurance-premium increases will have the same effect...
...PRESIDENT CLINTON REFERRING TO THE 4-FT. 10-IN. SECRETARY OF LABOR ROBERT REICH AS THEY EXAMINED A LEGO MODEL OF THE WHITE HOUSE