Ex-Clinton official Robert Reich delivers lecture on greed while earning $240G to teach one class

[WestVirginiaRebel]

Fox News:

Labor Secretary-turned-college professor Robert Reich’s latest lectures on income inequality don't square with his $240,000 salary for teaching just one class, economists tell FoxNews.com.

 

Reich, who served in the Clinton White House and is now a professor of public policy at the University of California at Berkeley, took on the topic of “Work and Worth” in an Aug. 2 post on his blog. In it, he lamented that there is “little or no relationship” between what someone is paid and their actual worth to society, and he wrapped up his post by calling for student loans to be forgiven for graduates in fields like social work, nursing and teaching.

 

"The moral crisis of our age has nothing to do with gay marriage or abortion; it’s insider trading, obscene CEO pay, wage theft from ordinary workers, Wall Street’s continued gambling addiction, corporate payoffs to friendly politicians, and the billionaire takeover of our democracy," Reich wrote in a separate Facebook post.

 

But a professor who earns a one-percenter's income for a relatively easy workload has a tough time complaining about how unfair the economy is, according to some critics.

 

“It’s definitely hypocritical,” said Dan Mitchell of the Washington-based Cato Institute. “And not only does he earn that salary, but I’m sure he pulls in a lot of money from consulting and from giving speeches. But he’s obviously in the top 1 or 2 percent, so if he really thinks that society mismeasures these things, then why isn’t he giving some of his money away?”

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It's tough to criticize the one percent when you are the one percent...

 

[Cyber_Liberty]

Sorry. I'd comment on this post if my mouth wasn't full of $32,000 chicken....

 

Please carry on.