rbreich

rbreich, 15 days ago to random

With Trump, everything’s for sale https://robertreich.substack.com/p/with-trump-everythings-for-sale?utm_source=dlvr.it&utm_medium=mastodon

rbreich, 15 days ago to random

Trump continues to vow to his billionaire supporters that he'd extend their tax cuts if reelected.

These cuts have already helped billionaires' grow their fortunes by $2 trillion.

It's crystal clear who Trump works for — and it sure as hell isn't the working class.

rbreich, 16 days ago to random

The CFPB set a rule limiting credit card late fees to save American families ~$10 billion/yr.

The U.S. Chamber of Commerce sued to stop it.

Republicans in Congress are trying to kill it.

The government is tackling junk fees, and corporate interests couldn't be more upset.

rbreich, 16 days ago to random

Corporate profits hit record-highs, yet price hikes won’t stop.

Why?

Well, in 75% of US industries, fewer companies control more of the business than 20 years ago.

Little-to-no competition allows a price gouging free-for-all.

Corporate monopolies get rich, and we pay the tab.

rbreich, 16 days ago to random

Trump asked Big Oil execs to give him $1 billion for his campaign.

He promised lower taxes and a rollback of Biden's climate regulations and clean energy programs in return.

Trump is literally willing to take bribes in exchange for the destruction of the planet.

Be warned.

rbreich, 16 days ago to random

History repeats. It's time to sound the alarm. https://www.youtube.com/watch?v=6o3hJX1ZLmk&utm_source=dlvr.it&utm_medium=mastodon

rbreich, 16 days ago to random

Antisemitism? https://robertreich.substack.com/p/antisemitism?utm_source=dlvr.it&utm_medium=mastodon

rbreich, 16 days ago to random

Ron DeSantis signed a law that prevents municipalities in Florida from requiring that employers provide shade and water breaks for outdoor workers.

A study found that heat-related deaths in FL shot up by 88% between 2019 and 2022.

Folks, this is the GOP's vision for America.

rbreich, 16 days ago to random

Biden must stand up to Netanyahu. Now. https://www.youtube.com/watch?v=ku1IFIzLUls&utm_source=dlvr.it&utm_medium=mastodon

rbreich, 17 days ago to random

A new CBO report estimates 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, 17 days ago to random

The FTC alleges that a major US oil exec colluded with OPEC to cut production and drive up prices.

Research found that Big Oil price fixing may have contributed to 27% of total inflation in 2021.

When I say corporate greed is driving inflation, this is what I mean.

rbreich, 17 days ago to random

Donald Trump has violated the gag order placed on him during his NY trial ten times so far. If he keeps violating it, what should Judge Juan Merchan do?

rbreich, 17 days ago to random

Office Hours: Is Biden focusing on the right issue? https://robertreich.substack.com/p/office-hours-is-biden-focusing-on?utm_source=dlvr.it&utm_medium=mastodon

rbreich, 17 days ago to random

Call me crazy, but maybe presidents who get themselves indicted shouldn't have their criminal trials presided over by judges they themselves appointed.

rbreich, 17 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 classified documents case, which has delayed his Jan 6 trial.

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

rbreich, 17 days ago to random

Four facts:

1. If Trump stole nat'l secrets, he must face justice.

2. Thanks to Judge Cannon, it now seems impossible for a trial to happen before the election.

3. If he's reelected, he will never face trial.

4. Therefore, Trump must be defeated as a matter of nat'l security

rbreich, 18 days ago to random

The FTC ban on noncompetes is expected to boost worker earnings by ~$400 billion over the decade.

Corporate interests aligned with Trump are fighting it like hell.

Let's set one thing straight: Trump and his allies are not "pro worker.”

They’re pro-corporate power and profits.

rbreich, 18 days ago to random

Extending Trump's tax cuts will cost $3.5 trillion over a decade.

This is why Trump wants to cut Social Security.

So he can take a lifetime of earned benefits away from working people and gift them to the rich.

It's reverse Robin Hood.

rbreich, 18 days ago to random

How Wall Street Priced You Out of a Home | Robert Reich https://www.youtube.com/watch?v=q9TOGxDJ0TE&utm_source=dlvr.it&utm_medium=mastodon

rbreich, 18 days ago to random

Stand up to Trump and Bibi https://robertreich.substack.com/p/standing-up-to-trump-and-bibi?utm_source=dlvr.it&utm_medium=mastodon

rbreich, 18 days ago to random

In 2025:

The top 1% will get an avg tax cut of $60,000+

The bottom 60% will get an average tax cut of

rbreich, 18 days ago to random

You know something has gone terribly wrong when 94% of teachers have to dip into their own pockets to buy school supplies while the average Wall Street employee gets a bonus of $176,500. Hello?

rbreich, 19 days ago to random

Trump held an event for megadonors this weekend.

These super-rich individuals don't seem to care that he wants to free Jan 6 insurrectionists.

Or that he echoes the words of Hitler to dehumanize opponents.

They'll overlook Trump's fascism in exchange for tax cuts.

Be warned.

rbreich, 19 days ago to random

Stock buybacks are lethal, literally https://robertreich.substack.com/p/stock-buybacks-are-lethal-literally?utm_source=dlvr.it&utm_medium=mastodon

rbreich, 20 days ago to random

Your regular reminder that if not for the Trump and Bush tax cuts, federal revenues would keep pace with federal spending indefinitely.

Instead, these tax cuts have added $10 trillion to the debt.

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