Robert Reich: Raising interest rates would be a huge mistake
The former secretary of labor on the Fed's looming decision and how it affects our jobs and incomes
By Robert Reich
Published August 8, 2015 2:00PM (EDT)
This originally appeared on Robert Reich's blog.
Robert B. Reich is Chancellor's Professor of Public Policy at the University of California at Berkeley and Senior Fellow at the Blum Center for Developing Economies. He served as Secretary of Labor in the Clinton administration, for which Time Magazine named him one of the ten most effective cabinet secretaries of the twentieth century. He has written 15 books, including the best sellers "Aftershock", "The Work of Nations," and"Beyond Outrage," and, his most recent, "The Common Good." He is also a founding editor of the American Prospect magazine, chairman of Common Cause, a member of the American Academy of Arts and Sciences, and co-creator of the award-winning documentary, "Inequality For All." He's also co-creator of the Netflix original documentary "Saving Capitalism."MORE FROM Robert Reich • FOLLOW rbreich • LIKE Robert Reich