Reich Rips Bush Fiscal Policy, Failed Leadership on the Economy

This week, the DNC's Podcast hosts Robert Reich, former United Sates Secretary of Labor during President Bill Clinton's Administration. Reich discusses how the Bush Administration's "irresponsible" fiscal policies and misleading rhetoric have left Americans with record budget deficits, tax breaks for the wealthy and stagnant wages for American workers.

"You can't pull the wool over the people's eyes with regard to the economy because they live in it. They see it every day. They know that their jobs are not secure; they know that their wages are going no where; they know that their benefits are drying up. They know that they have to work harder; they know that the cost of things that they depend on like fuel at the pump and health insurance is going up faster than they can afford it. So, no amount of public relations verbiage coming from the White House is going to change what average working people see and feel every single day," said Reich.

"This administration promised a much better fiscal picture, promised that revenues would be far better than this when they sold their tax cuts, mostly to the rich, in 2001 and 2003. Obviously, the Bush Administration is grasping at straws. They're trying to find anything they can to show that the economy is good when the economy for average working people is lousy," he added.

To listen to the audio, click here.

The DNC's Podcast, an audio broadcast that listeners can download for play on portable music devices or on computers, gives listeners a chance to regularly hear from party leaders, newsmakers, strategists, policy makers, and the grassroots of the Democratic Party.