rbreich

rbreich, 11 days ago to random

The latest CBO estimate shows that extending the Trump tax cuts for the next 10 years would add $4.6 trillion to the deficit.

Remember this the next time Republicans propose cuts to Social Security, Medicare, and Medicaid.

The "party of fiscal responsibility" is full of it.

rbreich, 11 days ago to random

For Nat'l Police Week, Speaker Johnson is hosting a candlelight vigil tonight to honor fallen police officers.

But first he's in New York to support Trump, who has promised to pardon the violent criminals who brutally assaulted about 140 Capitol Police on Jan 6.

rbreich, 11 days ago to random

Will Billionaires Destroy Worker Rights? | Robert Reich https://www.youtube.com/watch?v=vO1Q3yyXJ7E&utm_source=dlvr.it&utm_medium=mastodon

rbreich, 11 days ago to random

How to make $50 million a year while your corporation goes down the tubes https://robertreich.substack.com/p/how-to-make-50-million-a-year-while?utm_source=dlvr.it&utm_medium=mastodon

rbreich, 12 days ago to random

Trump's administration weakened or wiped out more than 125 environmental rules over four years.

Now, he's promised to do whatever Big Oil wants if they give him $1 billion for his campaign.

That's the thing with Trump: He'll sell us all out for his own gain.

Be warned.

rbreich, 12 days ago to random

Unionized Apple store workers in MD voted to authorize a strike.

Apple has been accused of not bargaining in good faith over pay.

But since contract talks began, Apple has announced ~$150 BILLION in stock buybacks.

I don't want to hear that Apple can't afford to pay workers.

rbreich, 12 days ago to random

The Biden Admin's rule limiting credit card late fees was set to begin tomorrow.

But a Trump-appointed judge blocked it at the request of the Chamber of Commerce — costing U.S. families an estimated $27 million a day.

MAGA and corporate interests want to keep ripping you off.

rbreich, 12 days ago to random

Trump referred to himself as “the builder president" who would fix America's roads and bridges.

The only thing he built was a tax code rigged for the rich.

Meanwhile, the Biden Admin has announced $454 billion in infrastructure projects in all 50 states.

The contrast is clear.

rbreich, 12 days ago to random

America’s second civil war? It’s already begun https://robertreich.substack.com/p/americas-second-civil-war-has-already?utm_source=dlvr.it&utm_medium=mastodon

rbreich, 13 days ago to random

Lack of affordable childcare forces working moms to take unpaid time off & pass up good jobs, costing the average working mom of two ~$94,000 in lost income over their career.

Republicans (and Manchin & Sinema) have repeatedly blocked investments in childcare. Do they hate moms?

rbreich, 13 days ago to random

Did student protesters affect Biden's decision? https://robertreich.substack.com/p/student-demonstrators-and-bidens?utm_source=dlvr.it&utm_medium=mastodon

rbreich, 13 days ago to random

Many of same Republicans in Congress sharing Mother's Day wishes also oppose paid family leave and universal childcare. Hello?

rbreich, 13 days ago to random

73% of mothers with kids under 18 are in the workforce. More than flowers or brunch, working moms need:

• Paid family leave
• Equal pay
• Universal childcare

(But get your mom flowers, too)

rbreich, 13 days ago to random

Sunday caption: His thoughts? https://robertreich.substack.com/p/sunday-caption-his-thoughts?utm_source=dlvr.it&utm_medium=mastodon

rbreich, 14 days ago to random

Wondering if wealth inequality is out of control?

Well, Jeff Bezos made over $7.9 million an hour last year.

In just 13 minutes, he made the equivalent of what a typical person earns in a lifetime.

Don't tell me that the rich can't afford a wealth tax.

rbreich, 14 days ago to random

Stock buybacks don't just line the pockets of CEOs and shareholders — they're dangerous.

Boeing failed to implement a $7B redesign of its 737 Max while spending that much per year on buybacks.

A dollar spent on buybacks is a dollar less spent to upgrade equipment and safety.

rbreich, 14 days ago to random

Each of Trump's 34 criminal counts of false business filings in the New York case carries a penalty of up to four years in prison.

If Trump is convicted, what should the sentence be?

rbreich, 14 days ago to random

In 2023, @UAW stood up to the Big Three automakers and won big pay bumps.

Now it's launching organizing campaigns at more than a dozen non-union automakers.

VW workers in Tennessee unionized in April. Mercedes workers in Alabama vote on a union next week.

This is a huge deal.

rbreich, 14 days ago to random

Is this for real? The Coffee Klatch, Saturday, May 11, 2024 https://robertreich.substack.com/p/is-this-for-real-the-coffee-klatch?utm_source=dlvr.it&utm_medium=mastodon

rbreich, 15 days ago to random

Is this for real?! | The Coffee Klatch with Robert Reich https://www.youtube.com/watch?v=avk3c7XkmNE&utm_source=dlvr.it&utm_medium=mastodon

rbreich, 15 days ago to random

Reminder that Trump is floating cuts to Social Security and Medicare — supposedly to address the debt — yet supports extending his tax cuts for the rich, adding $4.6 trillion to the deficit.

This isn't about the debt.

It’s about doing the bidding of his wealthy donors.

rbreich, 15 days ago to random

813 US billionaires control a record $5.7 trillion in wealth.

The bottom 50% of Americans control $3.7 trillion in wealth.

When ~800 people control more wealth than half a country’s population, we have a very serious problem.

rbreich, 15 days ago to random

Judge Cannon has postponed Trump's classified documents trial and didn't set a new start date.

The Supreme Court is slow walking Trump's presidential immunity claim, which has delayed his Jan 6 trial.

The federal judiciary is effectively acting like a MAGA campaign arm.

rbreich, 15 days ago to random

Trump wants to:

Extend his tax cuts — which have made billionaires $2 trillion richer

Cut Social Security — which working people pay into for a lifetime

Would you like to keep your retirement money? Or would you like to gift it to billionaires?

That is your choice in 2024.

rbreich, 15 days ago to random

Top media company CEO pay in 2023:

Disney: $31.6M
Warner Bros: $49.7M
Netflix: $49.8M & $40.1M
Comcast: $35.5M
Paramount: $31.3M

Remember when execs claimed they couldn't afford to pay writers and actors more during the WGA/SAG-AFTRA strike?

That was pure fiction.