https://jacobin.com/2024/09/jeremy-corbyn-labour-austerity-poverty/
The Labour Party was created to alleviate the conditions of the worst off, Jeremy Corbyn argues. With its adoption of a policy of austerity, the current Labour government is needlessly choosing to push children and pensioners into poverty.
Well I mean, kinda. He does regrets not doing more when he was in government (as he has become significantly more left leaning) But I still wouldn't characterize Reich as doing nothing.
He did have major policy ideas that were stopped by Clinton's economic advisors, as well as the federal reserve (controlled by conservative ghoul Alan Greenspan, who Clinton kept on). Reich's initiatives and plans were effectively shuttered by the same ghouls who ended up ending Glass-Steagall, leading to the 2008 financial crisis and all manner of horrific economic consequences even today. So I would really attribute more blame to Clinton himself for not fighting the more conservative wings of his own administration (on health care reform, especially)