Robert Reich is Chancellor’s Professor of Public Policy at the University of California at Berkeley. He has served in three national administrations, most recently as secretary of labor under President Bill Clinton. He has written thirteen books, including The Work of Nations, Locked in the Cabinet, Supercapitalism, and his most recent book, Aftershock.

One can argue that if you ask 100 econimists a simple economic question, you will get 100 different answers. However, as someone trained in economics myself, I have always appreciated the ideas and answers from Robert Reich. A friend sent me this link to a 135 second explanation of today’s economy in the US. I encourage you to watch and listen.

“The Truth About the Economy in 2 Minutes and 15 Seconds”