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Robert Reich: Right Now You Don’t Want the Government to Cut Spending

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By Doug Powers  •  March 24, 2011 03:06 PM

**Written by Doug Powers

Bill Clinton’s former Labor Secretary was on Hardball railing against GOP attempts to rein in runwaway government spending. His thinking is that if you’re in a boat that springs a leak, the last thing you should do is plug the hole because you’re going to be hungry soon and it’ll get you closer to the fish faster.

Transcript from RCP:

“You don’t want government to hold back, you want government right now, yes, the deficit’s a long-term problem, but right now you don’t want to cut government spending, yet Eric Cantor and the Republicans are indulging, you hear it over and over and over,” Clinton Labor Secretary Robert Reich said.

Click the pic below to watch:

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The video mercifully ended just before the stack of phone books on which Reich was sitting shifted and he went tumbling down.

With Robert Reich and most other left-wing economic theoreticians, there’s never a good time to cut government spending, and, as usual, this is one of them.

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Reich, pictured above with President Obama, said that cutting government spending at a time when government spending is strangling America would be irresponsible

**Written by Doug Powers

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