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By Robert Wright
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By Andrew Breitbart
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Gage Skidmore (CC-BY-SA)
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By Robert Reich — In a letter to Senate Majority Leader Harry Reid on Monday, Sen. Rand Paul urged him to reconsider immigration legislation because of the bombings in Boston.
Posted on Apr 23, 2013
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This week, President Obama proposed to reduce the national deficit by adopting a new formula for adjusting for inflation in Social Security payments. Robert Reich points out that it would be “stingier than the current one.” Frankly, it would destroy Social Security over the next two decades as prices for goods and services rose and the program wasn’t allowed to keep up.
Posted on Apr 6, 2013
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“Raising the minimum wage from the current rate of $7.25 an hour to $9 should be a no-brainer,” the former labor secretary says.
Posted on Mar 17, 2013
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Truthdig Editor-in-Chief Robert Scheer, economist Robert Reich and the other “Left, Right & Center” panelists discuss President Obama’s criticism of the sequester cuts. Has Capitol Hill devolved into a state of perpetual dysfunction or is this disagreement finally proof that there’s something worth fighting for?
Posted on Mar 1, 2013
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By Robert Reich — Exactly a century ago, on Feb. 3, 1913, the 16th Amendment to the Constitution was ratified, authorizing a federal income tax. Congress turned it into a graduated tax, based on “capacity to pay.” It was among the signal victories of the progressive movement.
Posted on Feb 3, 2013
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By Robert Reich — As we close in on Election Day, the questions about what Mitt Romney would do if elected grow even larger. Rarely before in American history has a candidate for president campaigned on such a blank slate.
Posted on Oct 25, 2012
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By Robert Reich — President Obama should propose that the nation’s biggest banks be broken up and their size capped, and that the Glass-Steagall Act be resurrected.
Posted on Oct 18, 2012
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AP/ Carolyn Kaster
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By Robert Reich — During Tuesday night’s debate, the president was articulate and forceful—in sharp contrast to his performance in the first presidential debate. He stated his beliefs. He defended his record. He told America where he wanted to take the nation in his second term. And he explained where Romney wanted to take us.
Posted on Oct 17, 2012
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By Robert Reich — Joe Biden’s job during Thursday’s vice presidential debate is to smoke Paul Ryan out, exposing his fanaticism. And the best way to do this is to force him to take responsibility for the regressive budget he created as chairman of the House Budget Committee.
Posted on Oct 11, 2012
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Flickr/ DonkeyHotey
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By Robert Reich — The latest Pew Research Center poll shows Mitt Romney ahead of President Barack Obama among likely voters, 49% to 45%. But the latest Gallup poll shows President Obama leading Romney among likely voters, 50% to 45%.
Posted on Oct 10, 2012
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By Robert Reich — The biggest election news this week won’t be who wins the presidential debate Wednesday night. It will be how many new jobs were created in September, announced Friday morning by the Bureau of Labor Statistics.
Posted on Oct 1, 2012
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Flickr/PBS NewsHour
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By Robert Reich — Romney’s stories on the campaign trail have been about business successes—people who started businesses in garages and grew their companies into global giants, millionaires who began poor. Curiously absent from these narratives have been the stories of ordinary Americans caught in an economy over which they have no control. At least until now.
Posted on Sep 26, 2012
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Flickr/Gage Skidmore
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By Robert Reich — There are two major theories about why Romney is dropping in the polls. One is Romney is a lousy candidate, unable to connect with people or make his case.The second is that Americans are finally beginning to see how radical the GOP has become, and are repudiating it.
Posted on Sep 24, 2012
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By Robert Reich — For the last several days I’ve been deluged with calls from my inside-the-beltway friends telling me “Romney’s dead.” Hold it. Rumors of Romney’s demise are premature for at least four reasons:
Posted on Sep 21, 2012
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A president is supposed to represent all of America, not just the 51 percent who elect him, and have a modicum of sympathy for the less fortunate among us.
Posted on Sep 19, 2012
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By Robert Reich — What should be done starting in January to boost a recovery that by anyone’s measure is still anemic? In truth, not even the Jobs Act will be enough.
Posted on Sep 9, 2012
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The biggest political news this week won’t be the Democratic convention. It will be Friday’s unemployment report.
Posted on Sep 5, 2012
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Packmatt (CC-BY)
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By Robert Reich — The most troubling economic trend facing America this Labor Day weekend is the increasing concentration of income, wealth and political power at the very top – among a handful of extraordinarily wealthy people – and the steady decline of the great American middle class.
Posted on Aug 31, 2012
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By Robert Reich — There is nothing Republicans would rather the American people forget more than George W. Bush, who doesn’t even have a bit-part at the GOP convention opening in Tampa. But W’s ghost may be there, anyway.
Posted on Aug 27, 2012
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Flickr/Gage Skidmore
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By Robert Reich — You want real entitlement reform? President Obama has begun it. Rational people would make sure he gets a second term.
Posted on Aug 21, 2012
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Photo by David Spencer (CC-BY-ND)
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OK, so it’s only 135. Nonetheless it gives us pause when the former labor secretary and economic soothsayer tweets that China’s “bubble will pop.” If that happens, you can stop worrying about Greece and the other comparatively tiny economies of Europe.
Posted on Jul 31, 2012
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“When you have high unemployment and a lot of underutilized capacity, the idea is you cut public budgets? That’s insane. Because that leads to a shrinking of the entire economy, when the real problem is … the ratio of debt to the size of the economy overall,” says the former Labor secretary. “If you shrink the economy, that ratio becomes worse and worse.”
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Flickr / c_baek (CC-BY-ND)
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By Cherilyn Parsons — It wasn’t quite Berkeley in 1964, but it wanted to be, and that might be the ultimate significance of the thousands-strong gathering Tuesday night in Sproul Plaza on the Cal campus.
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Wikimedia Commons / Mike Edrington (CC-BY-SA)
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He’s a product of the most influential institutions of our country and has served in three administrations. But despite being entrenched within the system for the majority of his career, Robert Reich uses his powers for good, and that’s why he’s our Truthdigger of the Week. Update: Transcript.
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Last weekend former Labor Secretary Reich and Truthdig Editor Scheer, who, in his own words, got a little wound up, were among the luminaries teaching in at the Occupy L.A. encampment.
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Former U.S. Labor Secretary Robert Reich took stock of the current status and future possibilities of Occupy movements around the country on Thursday’s “Countdown With Keith Olbermann,” suggesting that the network of affiliated protest groups ... (more)
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Flickr / zpeckler
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Government—the purchaser of last resort—must intervene to revive a sickly economy when consumers and businesses can’t do it on their own, says the award-winning political economist Robert Reich. (more)
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Flickr / Kheel Center, Cornell University
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In the decades immediately following World War II, U.S. wages steadily rose in step with productivity at a time when one-third of American workers belonged to labor unions. Today, union membership stands at 7% and wages are in decline, and conservatives are saying the two aren’t connected. (more)
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Flickr / Policy Network
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After six straight weeks of a falling Dow and a period of stalled economic growth, the stagnation of national recovery is glaringly visible to everyone—except our representatives in Washington, says Robert Reich.
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Today on the list: What Robert Reich wants to do about jobs, why liberals don’t win and how Oxytocin increases trust (guess that explains modern politics, Whole Foods and Rush Limbaugh).
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Illustration from White House photo by Pete Souza
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Former Labor Secretary Robert Reich writes, “If the government can take over giant global insurer AIG and the auto giant General Motors and replace their CEOs, in order to keep them financially solvent, it should be able to put BP’s north American operations into temporary receivership in order to stop one of the worst environmental disasters in U.S. history.”
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What Noam Chomsky has to say about globalization, why older is wiser, and proof that at least two of the three bozos who most wrecked the economy still don’t get it.
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By Robert Reich — It has been more than a year since all hell broke loose on Wall Street, and even after the State of the Union, almost nothing has been done to prevent all hell from breaking loose again.
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AP / Mark Lennihan
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He’s not the only one saying this, but considering his background, Robert Reich is a pretty significant voice pointing out how, over a year since things went seriously south on Wall Street, “almost nothing has been done to prevent all hell from breaking loose again.”
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Despite widespread public support and momentum in the House, the public option faces White House officials and conservative senators who looking to undermine it. In this plea for MoveOn, the always-insightful Robert Reich says to vote the bums out if they vote against you.
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White House / Pete Souza
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By Joe Conason — If the president and Congress don’t come to the aid of workers, the political consequences will be severe, and deservedly so.
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Collage from Fox and James Montgomery Flagg
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Health care reform is shaping up as astronomically expensive, but that’s only if private insurers and Big Pharma get their way, writes Clinton-era Labor Secretary Robert Reich. Without competition from the government—a public option—the health care industry will continue to gouge and Americans will still be in the weeds, a trillion dollars poorer.
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