Author Archives: Robert Reich

How to hold corporations accountable

Charles E. Wilson, the CEO of General Motors in the middle part of the last century, reputedly once said that “what was good for our country was good for General Motors, and vice versa.” Continue reading

The truth about privatization

Privatization. Privatization. Privatization. It’s all you hear from Republicans. But what does it actually mean? Continue reading

China tariffs are a regressive tax on Americans, and risk a recession

“I am a Tariff Man,” Trump tweeted last week. “When people or countries come in to raid the great wealth of our Nation, I want them to pay for the privilege of doing so. . . . We are right now taking in $billions in Tariffs. MAKE AMERICA RICH AGAIN.” Continue reading

Trump takes on General Motors (and guess who wins?

Donald Trump’s “America first” economic nationalism is finally crashing into the reality of America’s shareholder-first global capitalism. Continue reading

What’s a subpoena—and should Trump fear it?

You’re probably hearing a lot about subpoenas. Or you will very soon, once Democrats take control of the House. Continue reading

Trump’s assault on the rule of law

The “rule of law” distinguishes democracies from dictatorships. It’s based on three fundamental principles. Trump is violating every one of them. Continue reading

Time for Medicare for All

In the midterm elections, most Democrats who were elected or reelected to the House supported Medicare for All. Continue reading

The next crash

Sorry to deliver the news, but it’s time to worry about the next crash. Continue reading

The American social contract

With divisions this deep, it can often feel like we can’t agree on anything. Continue reading

Democrats: don’t go high or low, go big and bold

Donald Trump says the midterm elections are a “referendum about me.” Of course they are. Everything is about him. Continue reading

Message to millennials

You are the largest, most diverse, and progressive group of potential voters in American history, comprising fully 30 percent of the voting age population. Continue reading

Three easy fixes to Social Security and Medicare that Republicans don’t want you to know about

Republicans would love to get rid of Social Security and Medicare. But they can’t, because Social Security and Medicare are among the most popular of all federal programs. Besides, most Americans have been paying into them their whole working lives, and depend on them. Continue reading

The truth about the Trump economy

I keep hearing that although Trump is a scoundrel or worse, at least he’s presiding over a great economy. Continue reading

Containing the catastrophe

Anyone still unsure of how (or even whether) they’ll vote in the midterms should consider this: All three branches of government are now under the control of one party, and that party is under the control of Donald J. Trump. Continue reading

America’s bullies

As a kid I was always a head shorter than other boys, which meant I was bullied—mocked, threatened, sometimes assaulted. Continue reading

Kavanaugh, Ford, and power

Make no mistake: The drama that took place in hearings before the Senate Judiciary Committee on September 27, 2018, was about power: On one side, the power of men who harass or abuse women and get away with it, the power of privileged white men to entrench their power even more on the Supreme Court, the power of men to take away a woman’s right to choose what she does with her body. Continue reading

Another tax scam for the rich

Hard to believe, but the Trump administration is proposing yet another massive tax windfall for the rich. Continue reading

The three big lessons we didn’t learn from the economic crisis

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. Continue reading

The dangerous myth of deregulation

Trump and his appointees are on a binge of deregulation that masks another kind of trickle-down economics, where the gains go to the top and the rest of us bear the risks and losses. Continue reading

How you can stop Trump’s lie machine

Trump is ramping up his lies through his three amplifiers: Fox News, his rallies, and his Twitter account. Continue reading

The next crash

September 15 will mark the tenth anniversary of the collapse of Lehman Brothers and near meltdown of Wall Street, followed by the Great Recession. Continue reading

Don’t just impeach Trump, annul his presidency

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. Continue reading

How Trump’s war on regulation is trickle-down economics

When Trump’s not blaming foreigners for everything that ails America, he’s blaming regulations. Continue reading

Trump and the art of the no deal

Donald Trump promised to be America’s dealmaker-in-chief, touting his “extraordinary” ability to negotiate. But so far, Trump has shown he can’t make a deal. Continue reading

The roadblock to common sense pension reform

Fifty-five million Americans—about half of the entire private-sector workforce—have no employer-sponsored retirement plan at all. Many work for small businesses in the low-wage service and hospitality sectors. If they don’t save money independently, they will have nothing when they stop working. Continue reading

Why wages are going nowhere

The official rate of unemployment in America has plunged to a remarkably low 3.8%. The Federal Reserve forecasts that the unemployment rate will reach 3.5% by the end of the year. Continue reading

We’re living a constitutional crisis

I keep hearing that if Trump fires Mueller, we’ll face a “constitutional crisis.” Or if Mueller subpoenas Trump to testify and Trump defies the subpoena, it’s a “constitutional crisis.” Or if Mueller delivers substantial evidence that Trump is guilty of colluding with Russia or of obstructing justice, and the House does nothing to impeach him, we have a “constitutional crisis.” Continue reading

The fog of Trump

Trump uses 5 tactics to create a fog of confusion and bewilderment, so we don’t pay attention to the real damage he’s doing—undermining our democracy; rewarding the rich and hurting the working class, middle class, and the poor; stoking hatefulness; and undercutting America’s standing in the world. Continue reading

What we can do about Trump’s escalating lies

As the political season heats up, Trump is ramping up his lies through his three amplifiers: Fox News, rallies, and Twitter. Continue reading

How to prevent future Trumps

Why did so many working class voters choose a selfish, thin-skinned, petulant, lying, narcissistic, boastful, megalomaniac for president? Continue reading

Trump’s art of the no deal

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. Continue reading

The Trump takeover of the courts

Trump’s most lasting legacy might be his impact on the federal court system. It must be stopped. Continue reading