Robert Reich

Dec. 24, 2018 – Trump doesn’t want the public to think the stock market has tanked because of Trump’s government shutdown, his trade war with China, and the $1.9 trillion increase in the nation’s debt caused by his tax cut for corporations and the wealthy. (Actually, these are the major reasons for the market’s drop.) […]

December 6, 2018 – Donald Trump’s “America first” economic nationalism is finally crashing into the reality of America’s shareholder-first global capitalism. Last week, General Motors announced it would cut about 14,000 jobs, most of them in the politically vital swing states of Michigan and Ohio. This doesn’t quite square with the giant $1.5 trillion tax […]

Nov. 1, 2018 – Trump voters: Two years in, here’s an updated list of Trump’s 30 biggest broken promises. 1. He told you he’d cut your taxes, and that the super-rich like him would pay more. You bought it. But his 2017 tax law has done the opposite. By 2027, according to the nonpartisan Tax […]

Oct. 12, 2018 – The Trump Justice Department has approved a $69 billion merger between CVS, the nation’s largest drugstore chain, and insurance giant Aetna. It’s the largest health insurance deal in history. Executives say the combination will make their companies more efficient, allowing them to gain economies of scale and squeeze waste out of the system. […]

Sept. 17, 2018 –  Ten years ago, after making piles of money gambling with other people’s money, Wall Street nearly imploded, and the outgoing George W. Bush and incoming Obama administrations bailed out the bankers. America should have learned three big lessons from the crisis. We didn’t, to our continuing peril. First unlearned lesson: Banking […]

Sept. 3, 2018 – September 15 will mark the tenth anniversary of the collapse of Lehman Brothers and near meltdown of Wall Street, followed by the Great Recession. Since hitting bottom in 2009, the economy has grown steadily, the stock market has soared, and corporate profits have ballooned. But most Americans are still living in […]

Aug. 27, 2018 – The only way I see the end of Trump is if there’s overwhelming evidence he rigged the 2016 election. In which case impeachment isn’t an adequate remedy. His presidency should be annulled. Let me explain. Many people are convinced we’re already witnessing the beginning of the end of Trump. In their […]

Aug. 13, 2018  – When Trump’s not blaming foreigners for everything that ails America, he’s blaming regulations. Last week he even blamed regulations for the wildfires now ravaging California. They’re “made so much worse,” he tweeted, “by the bad environmental laws which aren’t allowing massive amount[s] of readily available water to be properly utilized.” I […]

July 28, 2018 – In these darkest of days, here’s what gives me hope: First, Donald Trump has been a giant wake-up call that we can’t take democracy for granted. The young people of America get this. I’ve been teaching for 40 years and I don’t recall a generation as committed to social justice, reforming […]

July 16, 2018 – 1. A record high of 75 percent of Americans now say immigration is a “good thing” for the country. 2. America needs more immigrants, not fewer, because our population is rapidly aging. 3. Historically, new immigrants have contributed more to society in taxes than they have taken from society in terms […]

July 11, 2018 – As the political season heats up, Trump is ramping up his lies through his three amplifiers: Fox News, rallies, and Twitter. According to The Fact Checker’s database, the average daily rate of Trump’s false or misleading claims is climbing. The problem isn’t just the number or flagrancy of the lies – for […]

July 9, 2018 – Trump promised to be America’s dealmaker in chief. “We need a leader that wrote The Art of the Deal,” he said in the speech announcing his candidacy. “I’m a negotiator. I’ve done very well over the years through negotiation,” he said during a Republican debate. “That’s what I do, is deals,” […]

July 1, 2018 – Trump promised to be America’s dealmaker in chief, touting his “extraordinary” ability to negotiate. But so far – whether he’s dealing with foreign governments or with Congress – Trump has shown that he can’t make a deal. Here’s the list: 1. No deal with North Korea. Following his June 12 summit with Kim Jong Un, […]

June 28, 2018 – My friends, this is a dark hour. Intolerance, cruelty, racism, misogyny, xenophobia, and environmental destruction have been let loose across the land. Trump controls the Republican Party, the Republican Party controls the House and Senate, and the Senate and Trump will soon control the Supreme Court. Republicans also control both chambers […]