Robert Reich (@rbreich) 's Twitter Profile
Robert Reich

@rbreich

Berkeley professor, former Secretary of Labor. Co-founder, @InequalityMedia. Preorder my new book below:

ID: 148529707

linkhttps://sites.prh.com/reich calendar_today26-05-2010 23:17:10

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Walmart's CEO announced this week it will pass the cost of Trump's tariffs onto consumers by raising prices. As I've been saying, tariffs aren't paid by other countries. They're eventually paid by us at the checkout line.

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When Trump... -Holds a private dinner for his crypto coin buyers  -Promotes Teslas on the White House driveway on behalf of a multibillionaire who spent $277M backing him -Uses state visits to advance his hotel business It's corruption, plain and simple.

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A reminder that if the minimum wage had kept pace with worker productivity gains since the 1960s, it would now be nearly $26 an hour.

A reminder that if the minimum wage had kept pace with worker productivity gains since the 1960s, it would now be nearly $26 an hour.
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The rich used to pay higher taxes to the government. Now, the government pays the rich interest on a swelling debt, caused largely by lower taxes on the rich. It's a big switcheroo — and Trump's debt-ballooning tax cuts will make it even worse.

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Trump ran on lowering prices for everyday Americans. But his misguided tariffs are starting to result in price increases. The latest example? Walmart.

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Trump promised to bring down the cost of housing. But his "big beautiful bill" slashes billions in rental assistance, extends tax breaks for predatory landlords, and restricts state governments from cracking down on AI-powered rent-gouging. Another Trump lie.

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Whenever you hear conservative politicians preach from the gospel of "fiscal responsibility," remember that one of the biggest drivers of deficits lately are the Bush and Trump tax cuts, which have added nearly $10 trillion to the national debt.

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After-tax income under the Trump/GOP budget: -People making less than $17/k year: LOSE $1000 -People making between $17k and $51k/yr: LOSE $700 -People making over $4.3M/year: GAIN $389,000 This is what class warfare looks like.

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We cannot separate what has happened to working people over the last five decades from the dangerous lure of Trumpism. To build a path forward, we must debunk these 10 destructive myths about our rigged economy. youtube.com/watch?v=HZ3j4h…

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This flew under the radar, but thanks to Trump's EPA cuts, Energy Star could shut down for good. Energy Star isn't just a sticker on your appliances. It's an important program that saves consumers $40B/year. So much for all that talk about "efficiency."

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Last Friday, the credit rating of the United States was downgraded by Moody’s. So-called “bond vigilantes” are being blamed. But they’re just scapegoats. Here’s the real cause of our growing national debt. robertreich.substack.com/p/omg-the-bond…

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-Ultra-Wealthy Elites -Political Corruption -Vast Inequality -Giant Monopolies These problems defined the Gilded Age of the late 1800s. And they're dominating America again today. But we have the power to fight back.

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Republicans are scheduling votes in the DEAD OF NIGHT on Trump's "big, beautiful bill." They advanced their bill last night at 10:30PM. The next vote is scheduled for 1AM on Wednesday. Why hide? Maybe because this bill rips away health care from babies, new moms, and seniors.

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Bill Owens, the producer of CBS’s 60 Minutes, resigned in protest. Wendy McMahon, the head of CBS News, has now resigned.   I say to Shari Redstone: Enough is enough. Do not capitulate to Trump’s attack on a free press. Do not settle Trump’s bogus lawsuit against 60 Minutes.

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Trump's budget is back on track after Speaker Johnson made concessions to GOP hardliners on Sunday. The holdouts demanded the bill's devastating Medicaid cuts — already the largest in history — be made even deeper and faster. Their priorities couldn’t be clearer.

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The GENIUS Act would open the floodgates for the ultra-wealthy to create, market, and profit from unregulated digital currencies without oversight or accountability. Every Senate Democrat must vote NO on Trump's crypto scam.

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66,000 tons of food are rotting away in USAID warehouses thanks to Trump and DOGE. That's enough food to feed more than a million people in the world's poorest countries for three months — including over 480,000 kids. In what world is starving children "efficient"?

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Trump's big beautiful bill expands the estate tax exemption yet again. While millions will get kicked off healthcare and lose crucial food assistance, Republicans are enabling the super-rich to pass down their obscene wealth virtually tax free. We must stop this bill.

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Trump is now gutting environmental, labor, and consumer protections by ordering federal agencies to stop enforcing rules he doesn't like. It's a huge giveaway to big business at the expense of the rest of us. The mad king is making a mockery of the rule of law.

Revolving Door Project (@revolvingdoordc) 's Twitter Profile Photo

. Robert Reich explains why there's bipartisan support for the cryptocurrency's "Genius Act" despite it being Trump's go-to vehicle of corruption: "The crypto industry put a huge amount of money into Republican coffers but also some Democratic Senators' coffers"