Former Clinton Labor Secretary charges a ton of money to speak about big bad income inequality

It looks like Hillary isn’t the only one in Bill Clinton’s camp who waxes hypocritically about wealth.

Former Clinton Labor Secretary Robert Reich earns a whopping $240,000 each year from the University of California-Berkeley for teaching a single class about the terrible, destructive thing that is income inequality, reports the Washington Free Beacon.

Like Hillary Clinton, he also charges boatloads of cash to deliver speeches — As much as $100,000, to be exact — while simultaneously preaching about the “crisis” of income inequality.

“The moral crisis of our age has nothing to do with gay marriage or abortion; it’s insider trading, obscene CEO pay, wage theft from ordinary workers, Wall Street’s continued gambling addiction, corporate payoffs to friendly politicians, and the billionaire takeover of our democracy,” wrote Reich in a Facebook post back in June.

Not only does he expand on the poisonous wealth of the rich in lecture halls and on Facebook, but Reich also has a blog that features several contemplative posts, including the most recent “Work and Worth” from August 2.

“What someone is paid has little or no relationship to what their work is worth to society,” asserted Reich in the blog entry.

One wonders what he might say when asked to apply that logic to his own life and fortune.

Dan Mitchell of the Cato Institute called Reich out for being “hypocritical” for making such claims and such money at the same time, according to Fox News.

“It’s definitely hypocritical,” Mitchell explained. “And not only does he earn that salary, but I’m sure he pulls in a lot of money from consulting and from giving speeches. But he’s obviously in the top 1 or 2 percent, so if he really thinks that society mismeasures these things, then why isn’t he giving some of his money away?”

Mitchell also deemed Reich’s economic analysis from his August 2 blog post “wrong and perhaps non-existent.” In other words, he’s paid a lot for doing what little he does do incorrectly.

That sounds like a bad relationship between his salary and his worth.

(H/T Washington Free Beacon)

Related Content