@rbreich@masto.ai
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rbreich

@rbreich@masto.ai

Berkeley professor, former Secretary of Labor. Co-founder of Inequality Media. Sign up for updates, analysis and drawings: http://robertreich.substack.com

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rbreich, (edited ) to random
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Where else do you follow me on the web?

rbreich, to random
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Stop worshipping billionaires.

Elon Musk threw away tens of billions of dollars to buy Twitter, and has spent the last year running it into the ground.

When billionaires take control of our most vital platforms for communication, it’s not a win for free speech.

It’s a win for oligarchy.

rbreich, to random
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365-to-1: The CEO-worker pay ratio at Stellantis

362-to-1: The CEO-worker pay ratio at GM

281-to-1: The CEO-worker pay ratio at Ford

The Big Three CEOs keep pretending they can't afford to pay workers fairly while they themselves are raking in millions off of workers' labor.

rbreich, to random
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Thanks to the Supreme Court's 5-4 ruling this May, the EPA was forced to remove protections from most of America's wetlands this week.

Harlan Crow's firm lobbied for the rollback while he secretly plied Justice Thomas with gifts.

Anyone see a problem here?

rbreich, to random
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Fed rate hikes aren't simply a dial that controls inflation.

They're more like a Rube Goldberg machine—slowing the economy so much that workers lose jobs and pay until (maybe, just maybe) prices drop.

This is a bad way to fight inflation that's largely driven by price gouging.

rbreich, to random
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It used to be Democrats versus Republicans, liberals versus conservatives, left versus right.

That is over.

It is now democracy versus authoritarianism.

The 2024 election is fast approaching. Know the stakes.

rbreich, to random
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Thirteen years ago the Supreme Court decided corporations are people under the First Amendment.

Today, sold-out politicians block progress on all fronts to appease their corporate donors.

Citizens United is among the worst decisions in history. It corrupts our system every day.

rbreich, to random
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Ever notice how forgiving loans is suddenly a big problem when students get much-needed relief, but nobody blinks an eye when the richest 20% of American households get their PPP loans forgiven? Or when corporations are handed billions in subsidies?

rbreich, to random
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Just to recap, Clarence Thomas let a GOP megadonor take him on lavish trips, buy his mom's house and let her live there rent free, pay for his grandnephew to attend a private boarding school — all in secret until now.

How is he still on the Supreme Court?

rbreich, to random
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This is how our government has been corrupted:

  1. Donors give huge sums to elect politicians to office.

  2. Elected officials rewrite the rules in the donors' favor.

  3. Donors make a huge profit.

  4. Repeat.

For the sake of democracy, we must get Big Money out of politics.

rbreich, to random
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Let me get this straight...

Students getting relief from onerous debt is unconstitutional.

But justices secretly getting hundreds of thousands or even millions of dollars in gifts, vacations, and free housing and education for their family members is just fine.

Hello?

rbreich, to random
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FYI: Clarence Thomas and Samuel Alito — both of whom accepted luxury vacations from billionaires — could rule on an upcoming Supreme Court case that would ban a federal wealth tax.

If they don’t recuse themselves, why would we expect Americans to ever trust SCOTUS again?

rbreich, to random
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This is how our government has been corrupted:

  1. Donors give huge sums to elect politicians to office
  2. Elected officials rewrite rules in the donors' favor
  3. Donors make huge profit
  4. Repeat

We must get big money out of politics. It’s the root of all evil in Washington.

rbreich, to random
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2023 is on track to be the hottest year on record, but we still have Republicans claiming the climate crisis is a "hoax." What planet are they living on?

video/mp4

rbreich, to random
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If you don’t support gun control, you’re not pro-life. It’s that simple.

rbreich, to random
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Never forget this: Working people outnumber the billionaires and CEOs by a huge margin. If we stand in solidarity, we will win.

rbreich, to random
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Let me get this straight. Republicans are banning books, drag shows, and life-saving gender-affirming care, all to "protect children"

But they're also rolling back child labor laws, blocking gun reform, and passing laws to force adolescents to give birth.

Do I have that right?

rbreich, to random
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Tonight I'm (reluctantly) watching the Republican debate. I'll share my thoughts and responses on Twitter.

rbreich, to random
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Just a reminder that Clarence Thomas let a GOP megadonor take him on lavish trips, buy his mom's house and let her live there rent free, pay for his grandnephew to attend a private boarding school — all in secret until now.

How is he still on the Supreme Court?

rbreich, to random
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Forgive me for sounding like a broken record, but how on Earth are we supposed to believe we “can’t afford” paid family leave, universal pre-K, or climate action as politicians discuss increasing our annual defense budget to $886 billion?

rbreich, to random
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Remember: The real freeloaders in this country are the rich, not the poor.

The richest 1% evade $163 billion in taxes every year.

The United States literally has a yacht tax deduction.

Hello?

rbreich, to random
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Total student loan debt that would have been erased for millions of Americans: $400 billion

Total cost of the Trump tax cuts that largely benefited the wealthy and corporations: $1.9 trillion

This is what I mean when I say the system is rigged.

rbreich, to random
@rbreich@masto.ai avatar

Thirteen years ago the Supreme Court decided corporations are people under the First Amendment.

Today, sold-out politicians block progress on all fronts to appease their corporate donors.

Citizens United is among the worst decisions in history. It corrupts our system every day.

rbreich, to random
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This is the graph everyone needs to see for International Workers' Day.

rbreich, to random
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Trump finally has a mugshot & has been made to post bail — standard practice for criminal defendants that he's been spared up till now.

His defenders who complain about a "two-tiered" justice system are half right. There's one for the rich & powerful and one for everyone else.

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