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zennie62 (CC BY-ND 2.0)

The Real Job Killers

House Speaker John Boehner says raising the minimum wage is “bad policy” because it will cause job losses. 

Posted on Mar 1, 2014 READ MORE



abulhussain (CC BY 2.0)

Inequality, Productivity and WhatsApp

If you ever wonder what’s fueling America’s staggering inequality, ponder Facebook’s acquisition of the mobile messaging company WhatsApp.

Posted on Feb 22, 2014 READ MORE



Truthout.org (CC BY-NC-SA 2.0)

America’s ‘We’ Problem

America has a serious “We” problem—as in “Why should we pay for them?”

Posted on Feb 15, 2014 READ MORE



Robert Gourley (CC BY-NC 2.0)

Why the Three Biggest Economic Lessons Were Forgotten

Why has America forgotten the three most important economic lessons we learned in the 30 years after World War II?

Posted on Feb 12, 2014 READ MORE



pacogaitero (CC BY-NC-SA 2.0)

Why the Lousy Jobs Report Boosted Wall Street

How can bad news on Main Street (only 113,000 jobs were created in January, on top of a meager 74,000 in December) cause good news on Wall Street?

Posted on Feb 10, 2014 READ MORE


The War on the Poor and Middle-Class Families

By Robert Reich

Most Americans are on a downward escalator.

Posted on Feb 8, 2014 READ MORE



marsmet531 (CC BY-NC-SA 2.0)

Why Widening Inequality Is Hobbling Equal Opportunity

Is it to be inequality or equal opportunity?

Posted on Feb 6, 2014 READ MORE



chris.corwin (CC BY SA 2.0)

Why There’s No Outcry for a Revolution in America

Middle incomes are sinking, the ranks of the poor are swelling, almost all the economic gains are going to the top, and big money is corrupting our democracy. So why isn’t there more of a ruckus?

Posted on Jan 27, 2014 READ MORE



Fear Is Why Workers in Red States Vote Against Their Economic Self-Interest

Last week’s massive spill of the toxic chemical MCHM into West Virginia’s Elk River illustrates another benefit to the business class of high unemployment, economic insecurity, and a safety-net shot through with holes.

Posted on Jan 16, 2014 READ MORE



Shutterstock

Raw Deal

About the only good thing that can be said about the budget deal just patched together by House Republican budget chair Paul Ryan and Senate Democratic budget chair Patty Murray is that the right-wing Heritage Foundation and the Koch brothers’ Americans for Prosperity oppose it.

Posted on Dec 11, 2013 READ MORE


Robert Reich on America’s Income Inequality

The Dow Jones is hitting record highs, giving the top 5 percent of the U.S. (who hold more than 80 percent of stocks) another huge boost. And although Stephen Colbert doesn’t think the wealth divide is a big deal, former Truthdigger of the Week Robert Reich begs to differ.

Posted on Nov 20, 2013 READ MORE



Why the Anger?

Why is the nation more bitterly divided today than it’s been in 80 years?

Posted on Aug 13, 2013 READ MORE



Flickr/401(K) 2013

The Three Biggest Lies About Why Corporate Taxes Should Be Lowered

Instead of spending August on the beach, corporate lobbyists are readying arguments for when Congress returns in September about why corporate taxes should be lowered. But they’re lies. You need to know why so you can spread the truth.

Posted on Aug 5, 2013 READ MORE



Flickr/DonkeyHotey

Why Republicans Want Jobs to Stay Anemic

Job-growth is sputtering. So why, exactly, do regressive Republicans continue to say “no” to every idea for boosting it — even last week’s almost absurdly modest proposal by President Obama to combine corporate tax cuts with increased spending on roads and other public works?

Posted on Aug 4, 2013 READ MORE



Flickr/DonkeyHotey

Why Republicans Want to Tax Students and Not Polluters

A basic economic principle is government ought to tax what we want to discourage, and not tax what we want to encourage. Sounds pretty simple, doesn’t it? Unfortunately, congressional Republicans are intent on doing exactly the opposite.

 

Posted on Jul 7, 2013 READ MORE



Flickr / Mike Renlund

The Republicans of the Supreme Court

In order to fully understand what the five Republican appointees on the Supreme Court have been up to when they make decisions that affect our democracy, as they did last week on voting rights, you need to understand what the Republican Party has been up to.

Posted on Jul 2, 2013 READ MORE



Flickr/DonkeyHotey

Why the GOP Can’t Learn

It’s as if they didn’t learn a thing from the 2012 elections. Republicans are on the same suicide mission as before—trying to block immigration reform, roll back the clock on abortion rights and stop gay marriage wherever possible. Why can’t Republicans learn?

Posted on Jun 20, 2013 READ MORE



Image via Shutterstock

What We Need Now: A National Economic Strategy for Better Jobs

Economic determinists—fatalists, really—assume that globalization and technological change must now condemn a large portion of the American workforce to under-unemployment and stagnant wages, while rewarding those with the best eductions and connections with ever higher wages and wealth.

Posted on Jun 11, 2013 READ MORE



Image via Shutterstock

The Quiet Closing of Washington

Conservative Republicans in our nation’s capital have managed to accomplish something they only dreamed of when tea partyers streamed into Congress at the start of 2011: They’ve basically shut Congress down.

Posted on Jun 9, 2013 READ MORE



Screenshot

Reframing the Economic Debate (Video)

It’s not that most Americans have been living beyond our means, but our means haven’t kept up because of widening inequality.

Posted on May 30, 2013 READ MORE



sdh_zh (CC-BY)

Beware Capitalist Tools

Forbes magazine likes to call itself a “capitalist tool,” and routinely offers tool-like justifications for whatever it is that profit-seeking corporations want to do.

Posted on May 27, 2013 READ MORE



Gage Skidmore (CC-BY-SA)

The Xenophobe Party

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 READ MORE


Reich Decodes the Chained CPI

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 READ MORE


Watch: Robert Reich Explains Why the Minimum Wage Should Be Raised

“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 READ MORE


‘Left, Right & Center’: Fiscal Cliff Forever, Saucy Scalia and Double Pope

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 READ MORE


An Anniversary of America’s First Progressive Revolution

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 READ MORE


Mitt Romney’s Question-Mark Economy

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 READ MORE


How Obama Can Smoke Out Mitt

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 READ MORE



AP/ Carolyn Kaster

Obama Is Back

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 READ MORE



Memo to Joe, Re: Debate

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 READ MORE



Flickr/ DonkeyHotey

The Politics of Fear and the Party of Non-Voters

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 READ MORE


The Week Ahead: Wednesday’s Presidential Debate and Friday’s Jobs Report

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 READ MORE


Beyond Outrage

Posted on Sep 28, 2012 READ MORE



Flickr/PBS NewsHour

Repackaging Mitt as a Compassionate Conservative? Why It’s Too Late

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 READ MORE



Flickr/Gage Skidmore

Mitt Romney’s Biggest Problem: He’s Giving the GOP Exactly What It Wants in a Candidate

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 READ MORE


Four Reasons Why Romney Still Might Win

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 READ MORE



The Real Mitt Revealed

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 READ MORE


The Biggest Economic Challenge of Obama’s Second Term

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 READ MORE


The Most Important Political News This Week

The biggest political news this week won’t be the Democratic convention. It will be Friday’s unemployment report.

Posted on Sep 5, 2012 READ MORE



Packmatt (CC-BY)

Labor Day and the Election of 2012: It’s Inequality, Stupid

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 READ MORE



Photo by Gage Skidmore (CC-BY-SA)

How Romney Keeps Lying Through His Big White Teeth

The Republican Party has developed three means of bypassing the mainstream media and its fact-checkers.

Posted on Aug 28, 2012 READ MORE


George W. Bush as Hurricane Isaac

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 READ MORE



Flickr/Gage Skidmore

Ryan Isn’t an Entitlement Reformer, He’s an Entitlement Destroyer

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 READ MORE



Photo by David Spencer (CC-BY-ND)

140 Terrifying Characters From Robert Reich

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 READ MORE


Robert Reich Explains the ‘Austerity Trap’

“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.”

Posted on May 8, 2012 READ MORE



Flickr / c_baek (CC-BY-ND)

A Night of Hope in Berkeley

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.

Posted on Nov 16, 2011 READ MORE



Wikimedia Commons / Mike Edrington (CC-BY-SA)

Truthdigger of the Week: Robert Reich

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.

Posted on Nov 11, 2011 READ MORE


Robert Reich and Robert Scheer at Occupy L.A. Teach-In

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.

Posted on Nov 10, 2011 READ MORE


Robert Reich on OWS Strategy: Hit ’Em Where It Counts

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)

Posted on Nov 4, 2011 READ MORE



Flickr / zpeckler

Robert Reich Points a Way Out of the ‘Jobs Depression’

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)

Posted on Oct 2, 2011 READ MORE


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