American political economist
Ex-Labor Secretary Delivers Stark 'Hitler's Playbook' Warning Over Donald Trump: Robert Reich spelled out the significance of the tactics being deployed by the ...
huffpost.com/entry/robert-reich-donald-trump-hitler-playbook_n_65faaf7ce4b03f22de6149e0
Walmart Price Increases Slammed by Former Labor Secretary: "When I say price gouging is driving inflation, this is what I mean," Robert Reich said.
newsweek.com/walmart-price-increases-slammed-1882788
Why ‘economic headwinds’ are suddenly to blame for everything | Analysis: The phrase "economic headwinds" serves a special purpose: a majestic waving ...
latimes.com/business/story/2024-03-13/why-economic-headwinds-are-suddenly-to-blame-for-everything
Who will win and lose the AI revolution?: Top economists Robert Reich, Jeffrey Sachs and Mariana Mazzucato discuss
cnbc.com/2023/12/12/reich-sachs-and-mazzucato-discuss-the-winners-and-losers-of-ai.html
Ex-Labor Secretary Predicts Exactly How And Why Joe Biden Will Defeat Donald Trump
huffpost.com/entry/robert-reich-donald-trump-joe-biden_n_654b51c3e4b0e3ecaf8b82e8
Where is the American dream now?: Polls and pundits agree that the American dream is on life support, but there may be a cure — and the news of its imminent ...
theweek.com/culture-life/american-dream-dead
Ex-Labor Secretary Robert Reich Lists 9 Ways To Stop Donald Trump From Winning: Voters must "do everything" within their power to defeat the former president ...
huffpost.com/entry/robert-reich-list-defeat-trump_n_64f98630e4b00241f854e554
Opinion: Why labor unions are having a moment in L.A. and beyond: The failure of the Clinton-era corporate responsibility initiative helps explain why we’re ...
latimes.com/opinion/story/2023-09-04/labor-movement-growing-strikes-corporate-responsibility
“Presidents Are Not Kings”: Unpacking Historic Indictment of Donald Trump for Plot to Overturn Election
democracynow.org/2023/8/2/trump_third_indictment
Ex-Labor Secretary Robert Reich Exposes The Republican Art Of Distraction: The Clinton-era Cabinet secretary broke down the how and the why of five key GOP ...
huffpost.com/entry/robert-reich-gop-false-alarms_n_64c0cd34e4b08a8c92123067
Ex-Labor Secretary Robert Reich Busts A Massive Republican Myth: The Clinton-era cabinet secretary poked huge holes in the GOP claim.
huffpost.com/entry/robert-reich-republican-myth_n_64a3b99ee4b0dcb22c4737d6
Why aren’t Americans happier about the economy?: The economy is getting better overall – but as the rich get richer and the poor grow poorer ...
theguardian.com/commentisfree/2023/jul/10/america-economy-robert-reich
With Inflation Down, Economists Demand Fed Permanently Halt 'Dangerous Rate-Hiking'
commondreams.org/news/inflation-down-fed-pause-rate-hikes
Quick Glance: CPI Report: Inflation Halved Compared to Last Year
- According to the latest CPI report, inflation in May was cut in half compared with a year earlier.
- Inflation fell in May to around half last year’s peak but remained elevated, indicating progress in cooling price pressures.
Don't Be Taken by Corporate Media Both-Siderism: The GOP Alone Manufactured This Debt Ceiling Disaster
commondreams.org/opinion/debt-ceiling-both-sides
Quick Glance: Imminent Risk of Government Cash Shortage
- Treasury Secretary Yellen warns of potential payment default if debt limit is not raised or suspended soon.
- Yellen takes extraordinary measures to ensure sufficient cash on hand for government operations.
- Scheduled payments of over $130 billion, including payments to veterans and Social Security and Medicare recipients, are planned for the first week of June.
- Yellen's multiple letters to Congress emphasize the potential economic consequences of failing to raise the debt limit before the U.S. government runs out of cash to honor its obligations.
Of Course It's Greedflation—and Here's How We Stop It: Corporations aren’t raising prices to cover increased costs. No, big corporations are raising ...
commondreams.org/opinion/how-to-stop-greedflation
Clinton Cabinet Member To Secretaries Of State: Dump Donald Trump From 2024 Ballot
huffpost.com/entry/robert-reich-donald-trump-column_n_64466877e4b011a819c290b5
The modern Republican party is hurtling towards fascism: We are witnessing the logical culmination of win-at-any-cost politics – and Donald Trump has encouraged ...
theguardian.com/commentisfree/2023/apr/15/the-modern-republican-party-fascism-robert-reich
Ex-Labor Secretary Sums Up GOP With 1 Chilling Word: Robert Reich explained how the Republican Party is fast becoming the "American fascist party" thanks to ...
huffpost.com/entry/robert-reich-gop-warning_n_643ce361e4b0a7592626ffce
There's a catch to the charges against Trump: Even people who are not politically close to Trump have a stomach ache in the face of the “silence money” case
profil.at/morgenpost/die-anklage-gegen-trump-hat-einen-haken/402387569
Quick Glance: Stormy Daniels must pay $122,000 in legal fees to Trump.
- Stormy Daniels, an adult film actress, poses for photos at the end of her striptease show at Gossip Gentleman club in Long Island, N.Y., on Feb. 23, 2018.
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- According to Harmeet Dillon, one of Daniels' attorneys in the case, Daniels has been ordered to pay more than $600,000 in Trump's legal fees.
Trump will attack his indictment on three basic points. Let me rebut them: You’re going to hear these basic criticisms of the charges in the New York ...
theguardian.com/commentisfree/2023/apr/01/donald-trump-indictment-criticism-robert-reich
Quick Glance: Read Alvin Bragg's Warning to Jim Jordan Not to'Collaborate' With Trump.
- "Let the criminal justice process proceed without unlawful political interference," one section of Alvin Bragg's letter to Republican House leaders urges.
- In the aftermath of former President Donald Trump's indictment, Manhattan District Attorney Alvin Bragg's office has retaliated against a trio of House GOP committee chairmen.
- "The referenced committee chairmen are House Judiciary Chairman Jim Jordan, House Oversight Committee Chairman James Comer and House Administration Committee Chairman Bryan Steil."
- They wrote to Bragg on March 21st, "demanding communications, documents and testimony relating to Bragg's unprecedented abuse of prosecutorial authority and the potential indictment of former President Donald Trump."
There's a catch to the charges against Trump: Even people who are not politically close to Trump have a stomach ache in the face of the “silence money” case
profil.at/morgenpost/die-anklage-gegen-trump-hat-einen-haken/402387569
Quick Glance: Trump Pleads Not Guilty After Being Charged with 34 Felonies
- Former President Donald J. Trump exited Trump Tower and drove to the Manhattan district attorney's office in a motorcade.
- The hearing was also historic for Alvin L. Bragg, the Manhattan district attorney who brought the case.
- The case, which was filed in Mr. Trump's hometown, marks the start of the former president's journey through the criminal justice system.
- He accused Mr. Trump of falsifying business records related to the hush money, which appear to be felony charges based on a novel application of the law.
The Fed Accused of 'Playing With Fire' After Latest Rate Hike: "It shouldn't take a lot of courage to resist another interest rate hike when the ...
commondreams.org/news/federal-reserve-rate-hikes-banks
Quick Glance: How will the banking crisis affect the Federal Reserve? Higher interest rates and a recession may be on the way.
- While there is no set number for employment or interest rates, the Federal Reserve has set a 2% inflation target.
- "The Fed's rate hikes are working."
- At the time, experts predicted that the next rate hike would be similar.
- That is, until the February inflation and employment data came in strong.
- Others believe a quarter-point or even a half-point increase is still on the way, citing the Fed's responsibility to manage inflation and employment.
Warren Calls for Clawing Back Pay, Bonuses for Silicon Valley Bank Executives: The senator also demanded a federal investigation into potential insider trading ...
commondreams.org/news/warren-silicon-valley-bonuses
Former Labor Secretary Warns of 'Financial Chaos' After Interest Rate Hike: "The U.S. banking system is sound and resilient," the U.S. Federal Reserve said on ...
newsweek.com/former-labor-secretary-warns-financial-chaos-after-interest-rate-hike-1789695
Trump thinks his arrest helped his presidential chances. He’s wrong: Trump is rocketing toward a Republican nomination – and alienating independent voters ...
theguardian.com/commentisfree/2023/apr/11/trump-arrest-republican-nomination-2024-independents
What Biden Did and Didn’t Say About the Economy During His State of the Union Address
time.com/6253817/economy-inflation-biden-state-of-the-union-2023/
Quick Glance: President Biden pleads for assault weapon ban in front of Tyre Nichols' family
- One solution to stop this type of violence, according to Biden, is to reinstate the assault weapons ban, which expired in 2004.
- "Once and for all," said Biden.
- The Wells stood as Biden mentioned Nichols' family, their faces expressionless.
- Brandon Tsay, who disarmed the gunman who killed 11 people at a Lunar New Year celebration last month, was also mentioned by Biden.
The GOP's Terrible, Horrible, No Good, Very Bad Debt Ceiling Scam: Treasury Secretary Janet Yellen just announced that the federal government will hit the ...
commondreams.org/opinion/gop-debt-ceiling-scam
Paid articlePaid
Republicans fight over speaker of the House – but whoever wins, the party loses: The Republican party has collapsed under its own contradictions ...
theguardian.com/commentisfree/2023/jan/03/republicans-house-speaker-party-loses
Quick Glance: McCarthy, of the Republican Party, voted repeatedly against becoming House Speaker.
- Subscribers: One Democrat in the House wants to work out an agreement to make McCarthy speaker.
- "I still have the most votes," McCarthy declared at the beginning of the session.
- It was the first time in 100 years that a House speaker nominee did not accept the gavel on the first vote, but McCarthy seemed unfazed.
- Trump had done the opposite earlier in the day, urging Republicans to vote for McCarthy.
Schlacht im Repräsentantenhaus um Kevin McCarthy: Die Republikaner sind am Ende: Früher war klar, wofür die Republikaner standen. Heute schaffen es die ...
freitag.de/autoren/the-guardian/die-schlacht-im-repraesentantenhaus-der-usa-zeigt-die-republikaner-sind-am-ende
Quick Glance: Republican McCarthy's disastrous string of setbacks continues in the United States.
- McCarthy, a Republican, has yet to rally his party behind him in the race for Speaker of the United States House of Representatives.
- The drama in the United States Congress continues: Republican Kevin McCarthy has extended his string of defeats in the race for the most powerful position in the United States Parliament.
- McCarthy was unable to limit the number of his opponents as a result of this.
- On his social platform Truth Social, Trump urged his party members to vote for McCarthy.
It’s hard to believe, but things are getting better. They will continue to if we keep up the fight
theguardian.com/us-news/commentisfree/2023/jan/01/things-are-getting-better-keep-fighting-2023
Opinion | Republicans Sick of Trump Have a Major Problem: The Trump Base: The GOP continues to rot as a political party, as a governing institution ...
commondreams.org/views/2022/12/15/republicans-sick-trump-have-major-problem-trump-base
The Fed needs to stop raising interest rates: Interest rate hikes mean that workers and consumers take the hit. Here are other tools to address inflation
theguardian.com/commentisfree/2022/dec/12/fed-interest-rate-hikes-inflation-robert-reich
Opinion | I'll Support Him If He Does—But Joe, Please Don't Run: Apologies if I repeat myself (I've written much of this before), but, hell ...
commondreams.org/views/2022/11/26/ill-support-him-if-he-does-joe-please-dont-run
Robert Reich: Democrats Can No Longer Compromise with “Authoritarian” Republicans
democracynow.org/2022/11/9/former_us_labor_secretary_robert_reich
Progressive Economists Warn of 'Catastrophic Outcomes' for Workers as Fed Hikes Interest Rates
commondreams.org/news/2022/11/02/progressive-economists-warn-catastrophic-outcomes-workers-fed-hikes-interest-rates
Quick Glance: Fed Chairman Powell anticipates inflation, more rate hikes, and a recession: 5 key points
- Powell cited the solid labor market and household savings as two reasons why inflation hasn't fallen and why the Fed should keep raising interest rates.
- Furthermore, Powell stated that a high level of family savings and a strong labor market would likely mean that the Fed's tighter monetary policy would take longer to rein in price hikes.
- Powell refuted the notion that the Fed has raised interest rates too quickly, saying that inflation remains substantially over the Fed's benchmark rate.
- "More positively for investors, Powell suggested the speed of rate increases could slow as soon as December."
Opinion | Rather Than Ignore Him, We Must Demand Trump Be Prosecuted: He looms over the 2022 midterm elections. He cannot be ignored or wished away.
commondreams.org/views/2022/10/24/rather-ignore-him-we-must-demand-trump-be-prosecuted
The results of the midterms may determine if American democracy endures: Republican ascendancy is always a possibility with US elections, but the perils this ...
theguardian.com/commentisfree/2022/nov/06/robert-reich-2022-midterms-can-democracy-endure
Opinion | So-Called GOP 'Solutions' to Inflation Are Just Another Giveaway to the Rich and Corporations
commondreams.org/views/2022/10/20/so-called-gop-solutions-inflation-are-just-another-giveaway-rich-and-corporations
Opinion | The Criminal Case Against Donald J. Trump Has Been Established, But Will the Garland Act?
commondreams.org/views/2022/10/14/criminal-case-against-donald-j-trump-has-been-established-will-garland-act
Opinion | The Antidote to the GOP's Trickle-Down Scam Is a Bottom-Up Economy: Progressives must counter the system preferred by corporate interests with one that ...
commondreams.org/views/2022/10/11/antidote-gops-trickle-down-scam-bottom-economy
Corporate greed to blame for inflation, government should consider price controls: Robert Reich
businessinsider.com/corporate-greed-inflation-government-price-controls-robert-reich-2022-9
Republicans are trying to win by spreading three false talking points. Here’s the truth
theguardian.com/us-news/commentisfree/2022/oct/16/republican-talking-points-midterms-robert-reich
Fed in 'Full Recession-Creating Mode' Comes Under Fire for Another Interest Rate Hike
commondreams.org/news/2022/09/21/fed-full-recession-creating-mode-comes-under-fire-another-interest-rate-hike
Quick Glance: Home and car prices are expected to fall; the Fed should not push a recession.
- Some analysts think that because supply chain concerns and excessive demand are moderating, the Fed doesn't need to risk a recession to decrease prices.
- Cooling prices may give the Federal Reserve less reason to continue its audacious drive to raise interest rates and slow the economy.
- "Will raising interest rates lead to more oil, lower oil prices, more food, lower food prices?" said Nobel laureate economist Joseph Stiglitz.
- While the Fed is aware of these concerns, Powell has stated that some of this "pain" is necessary to reduce inflation.
Corporate greed, not wages, is behind inflation. It’s time for price controls: Corporations are using rising costs as an excuse to increase their prices even ...
theguardian.com/commentisfree/2022/sep/25/inflation-price-controls-robert-reich
Opinion | The 'Big Lie' GOP Has Some Other Midterm Whoppers Up Its Sleeve: They involve crime, inflation, and taxes.
commondreams.org/views/2022/10/17/big-lie-gop-has-some-other-midterm-whoppers-its-sleeve
Opinion | Candidates Who Deny Election Results Should Be Barred From Public Office
commondreams.org/views/2022/09/20/candidates-who-deny-election-results-should-be-barred-public-office
Why is trickle-down economics still with us?: This gonzo economic theory continues to live on, notwithstanding its repeated failures
theguardian.com/commentisfree/2022/oct/09/why-is-trickle-down-economics-still-with-us
Opinion | Why the Corporate Media's Coverage of the Latest Jobs Report Is So Awful
commondreams.org/views/2022/10/07/why-corporate-medias-coverage-latest-jobs-report-so-awful
Opinion | Trump's Latest Threat Is a Doozy and Requires Four Responses: We are dealing with a sociopathic narcissist who wants nothing more than to divide the ...
commondreams.org/views/2022/09/16/trumps-latest-threat-doozy-and-requires-four-responses
Opinion | In Praise of Teachers: The start of another school year: a tribute to our teachers and to the one who changed my life.
commondreams.org/views/2022/09/06/praise-teachers
Elon Musk throws temper tantrum in response to Robert Reich saying ‘self-made billionaires are a myth’
independent.co.uk/news/world/americas/elon-musk-robert-reich-billionaires-b2173374.html
Opinion | The Rail Strike Was Averted For Now, But Employers Take Notice: Like so many other industries, the underlying railroad problem has boiled down to ...
commondreams.org/views/2022/09/16/rail-strike-was-averted-now-employers-take-notice
Quick Glance: Railroad strike averted as marathon talks yield a tentative agreement
- Unions and management reached a tentative agreement early Thursday, averting a freight railroad strike that threatened to disrupt US supply lines and raise prices for many items.
- It also enforced a 60-day cooling-off period during which unions and management could not strike or lock out workers.
- Many unions have signed tentative agreements with railroads, but two prominent unions representing engineers and train conductors have remained steadfast in their demand for better working conditions.
- She stated that a strike is "not acceptable."
Fed Chair Says U.S. Must Suffer “Pain” of Higher Interest Rates to Battle Inflation
democracynow.org/2022/8/29/headlines/fed_chair_says_us_must_suffer_pain_of_higher_interest_rates_to_battle_inflation
Quick Glance: The rupee recovers from an all-time low of 80.15, but the Sensex falls 816 points as the United States raises inflation fears.
- He went on to say that containing price increases might necessitate a "sustained period of below-trend growth"
- Higher lending rates imply more expensive loans for customers, discouraging them from making new investments.
- This gives consumers more money to deal with price increases in daily necessities.
- Some of the notable equities that gained were Hindustan Unilever, Nestle India, Maruti Suzuki, and Reliance Industries.
Elon Musk Is Enraged: Tesla's CEO is the richest man in the world. Not everyone is pleased about that.
thestreet.com/technology/elon-musk-hits-back-hard-on-an-idiot-and-a-liar
Opinion | The GOP's Second-Largest Big Lie: They Care About Working Class People: The Republican Party has been going all out to help its major backers avoid ...
commondreams.org/views/2022/08/30/gops-second-largest-big-lie-they-care-about-working-class-people
Biden’s speech will deliver a hard truth: American democracy is under grave threat
theguardian.com/commentisfree/2022/sep/01/biden-speech-philadelphia-independence-hall-democracy-robert-reich
Opinion | The Violence at the Heart of Trumpism: Violence is coming from Trump Republicans whose incendiary statements are fueling violence and threats of ...
commondreams.org/views/2022/08/26/violence-heart-trumpism
Opinion | A Never-Before FBI Raid on a Former President Who Is Like No Other: We have only one bulwark against this menace. It is called the rule of law.
commondreams.org/views/2022/08/09/never-fbi-raid-former-president-who-no-other
MSNBC Host Succinctly Nails Problem With America's Most Outrageous Tax Loophole: Stephanie Ruhle explains why it's time to end the carried interest loophole.
huffpost.com/entry/stephanie-ruhle-carried-interest-loophole_n_62e8b7d9e4b0d0ea9b7a32ec
Opinion | Debunking Four Myths About Inflation: Higher prices are not being driven by wage increases. They were not driven by federal assistance to people during ...
commondreams.org/views/2022/07/29/debunking-four-myths-about-inflation
Opinion | The 'Carried Interest' Loophole in the Age of Manchinema: If there's one thing Sinema loves more than Wall Street dollars, it's national media ...
commondreams.org/views/2022/08/01/carried-interest-loophole-age-manchinema
Opinion | Latest Hearing Makes Plain Why Unhinged Trump Should Face Charges: The picture that emerged from yesterday's hearing is not dramatically different from ...
commondreams.org/views/2022/07/13/latest-hearing-makes-plain-why-unhinged-trump-should-face-charges
Opinion | Let's Be Clear: The Battle Before Us Is Democracy vs. Autocracy: America needs a national pro-democracy movement to stop the anti-democracy movement ...
commondreams.org/views/2022/07/08/lets-be-clear-battle-us-democracy-vs-autocracy
Opinion | Why Food Prices Are Rising Even More: Monopolists control nearly every part of the food production process, from selling feed to farmers ...
commondreams.org/views/2022/07/15/why-food-prices-are-rising-even-more
Opinion | Supreme Court's Attack on Regulatory State Means Senate Filibuster Must Go
commondreams.org/views/2022/07/01/supreme-courts-attack-regulatory-state-means-senate-filibuster-must-go
'A Big Mistake': Economists Warn Fed Rate Hikes Risk Plunging US Into Recession: "Every time over the last half-century the Fed has raised interest rates this ...
commondreams.org/news/2022/06/16/big-mistake-economists-warn-fed-rate-hikes-risk-plunging-us-recession
Quick Glance: Analysis: Fed policymakers face near-record uncertainty after being blown off course once again.
- The data highlights why policymakers are so focused on raising interest rates quickly, even if doing so makes a larger dent in growth and unemployment than previously anticipated, and why policy will be driven by clarity on the inflation outlook.
- According to the data, all 18 Fed members are more unsure than normal about their inflation and economic growth estimates, and all but one are similarly uncertain about their unemployment rate projections.
- Interest rates will undoubtedly rise, and quickly: 17 of the 18 Fed members expect the target rate to be at least 3.6% by next year, two full percentage points higher than today, and five expect it to be above 4%.
Is corporate greed driving inflation? Jeff Bezos and Joe Biden obviously disagree
fastcompany.com/90766732/jeff-bezos-biden-inflation-corporate-profits
As a 76-year-old let me say: Joe Biden is too old to run again: I’m sure the president is experiencing some diminution in the memory department. I know I am
theguardian.com/commentisfree/2022/jul/17/as-a-76-year-old-let-me-say-joe-biden-is-too-old-to-run-again
Opinion | The Fed Is Making a Big, Big Mistake: If the Fed continues down this path—as it has signaled it will—the economy will be plunged into a recession
commondreams.org/views/2022/06/16/fed-making-big-big-mistake
Is the US heading for a recession? Here’s what you need to know: Many signs point in that direction. We have answers to questions that might be on your mind
theguardian.com/commentisfree/2022/jun/16/is-the-us-heading-for-a-recession-heres-what-you-need-to-know
'The Simpsons' Season Finale Rips Fox News, Tucker Carlson & Facebook: Just days after Fox made a portfolio pitch to advertisers at its upfront showcasing Fox ...
deadline.com/2022/05/the-simpsons-fox-news-tucker-carlson-1235031149/
Robert Reich: Peter Thiel funding "radically anti-democratic agenda": Former labor secretary warns of well-funded "anti-democracy movement."
alternet.org/2022/05/millionaires-and-billionaires-are-bankrolling-a-radically-anti-democratic-agenda-robert-reich/
The second American civil war is already happening: America will still be America. But it is fast becoming two versions of itself. The open question is: how will ...
theguardian.com/commentisfree/2022/may/11/second-american-civil-war-robert-reich
Ex-Labor Secretary Says Second American Civil War Has Begun: Clinton-era Cabinet member Robert Reich likened the widening split between GOP and Democratic states ...
huffpost.com/entry/robert-reich-american-second-civil-war-oped_n_627ca7a8e4b010453ae0e201
We must fight powerful bullies, whether they are Putin, Trump, or tech billionaires
irishexaminer.com/opinion/commentanalysis/arid-40868696.html
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