Minimum Wage Warrior Robert Reich Earns Quarter Million Dollars a Year to Teach One Class
Robert eich is a minimum wage increase warrior whose name is surfacing once again because of this piece he recently wrote characteristically criticizing big business, Wall St. types, free market capitalism, and the Ivy League.
However, publicly-available salary information shows that to teach one class last year at University of California at Berkeley, Reich earned $242,613.
Now let’s assume Reich and the average minimum wage earner work the same amount of time in a year, and for simplicity’s sake let’s put this at 40 hours per week. A minimum wage employee would earn roughly $15,000 for the year ($7.25/hour * 40 hours/week * 52 weeks).
In other words, Reich earns approximately 16 times more than his championed minimum wage employee. Is that really fair? Does he really need that much?
Eric Owens of The Daily Caller has more:
Robert Reich Sticks It To Poor People With $242,613 Salary For Teaching ONE CLASS This Semester
Robert Reich, who served as U.S. secretary of labor for four years under Bill Clinton, is currently a public policy professor at the University of California, Berkeley.
The ultra-progressive economist — inasmuch as a mere law school graduate can be an economist — raked in an impressive income of $242,613 from the taxpayer-funded school in 2013, according to EAGnews.org.
For that sweet salary of $20,217 per month, Reich is slated to teach exactly one course this fall.
He will teach a more normal course load of four courses during the spring 2014 semester, notes EAGnews.
Reich, who served on the economic advisory board of then-President-elect Barack Obama in 2008, has a lengthy history of criticizing rich people.
The front page of Reich’s Facebook page is currently festooned in all-capital letters with an appropriate motto: “INEQUALITY FOR ALL.”
Robert Reich Sticks It To Poor People With $242,613 Salary For Teaching ONE CLASS This Semester (The Daily Caller)