Robert Reich explains increasing division of wealth, calls Romney’s tax policies ‘regressive’

Robert Reich, professor at UC Berkeley’s Goldman School of Public Policy and former U.S. labor secretary, joins “Viewpoint” host Eliot Spitzer to analyze income inequality and stagnation. Reich also reacts to Mitt Romney’s statement that his economic policy would be “opposite” that of President Obama. “I think under Romney the middle class will continue to shrink. Not only are Romney’s tax policies regressive, but also he is bent on accepting Paul Ryan’s Republican budget, which will cut discretionary spending, education — will cut almost all of the investments we’re making in our workforce,” says Reich.