Robert Reich, ex-Clinton cabinet secretary, warns Canada following U.S.'s inequality path
Canada is “moving towards exactly the same degree of income and wealth inequality” as the United States, says a former cabinet secretary in the administration of President Bill Clinton.
Robert Reich, who served as Clinton’s secretary of labour from 1993 to 1997 and now teaches economics at UC-Berkeley, told a Toronto crowd last Thursday that Canadians are deluding themselves if they believe the inequality problem doesn’t exist north of the border.
Reich’s comments come as a new study from TD Bank warns that Canada is at risk of seeing further growth in income and wealth...