In his annual letter to shareholders, distributed last week, JPMorgan Chase CEO Jamie Dimon took aim at socialism, warning it would be “a disaster for our country,” because it produces “stagnation, corruption and often worse.” Continue reading
“We renew our resolve that America will never be a socialist country,” Donald Trump said recently. Continue reading
Most Americans still cling to the meritocratic notion that people are rewarded according to their efforts and abilities. But meritocracy is becoming a cruel joke. Continue reading
Why didn’t Boeing do it right? Why isn’t Facebook protecting user passwords? Why is Phillip Morris allowed to promote vaping? Why hasn’t Wells Fargo reformed itself? Why hasn’t Monsanto (now owned by Bayer) recalled its Roundup weed killer? Continue reading
We may never know for sure whether Donald Trump colluded with Vladimir Putin to obtain Russia’s help in the 2016 election, in return for, say, Trump’s help in weakening NATO and not interfering against Russian aggression in Ukraine. Continue reading
As I travel around the country, I tell people: if you have a job, join a union. And if you don’t have a union, start one. Continue reading
What does a megalomaniacal president of the United States do when he’s cornered? We’ll soon find out. Continue reading
The challenges are well known: Working Americans are struggling to keep up with the increasing cost of living. Unemployment is low, but wages of most Americans have remained flat. More than three-quarters of Americans are now living paycheck to paycheck. Most can’t afford a $500 emergency. Continue reading
Special counsel Robert Mueller’s soon-to-be-delivered report will trigger months of congressional investigations, subpoenas, court challenges, partisan slugfests, media revelations and more desperate conspiracy claims by Donald Trump, all against the backdrop of the burning questions: Will he be impeached by the House? Will he be convicted by the Senate? Will he pull a Richard Nixon and resign? Continue reading
America is the only place in the world where any citizen over the age of 35 can run for president. No experience in government necessary. No support from a political party necessary. You don’t even have to have any ideas or policy proposals. Continue reading
It’s easy to forget the condescension and amusement that greeted him when he announced his first campaign for president on May 26, 2015. Continue reading
“America will never be a socialist country,” Donald Trump declared in his State of the Union address. Someone should alert Trump that America is now a hotbed of socialism. But it is socialism for the rich. Everyone else is treated to harsh capitalism. Continue reading
Air traffic controllers hold the trump card (pardon the expression) in upcoming negotiations between Donald Trump and congressional Democrats over border security. Continue reading
The annual confab of the captains of global industry, finance, and wealth is underway in Davos, Switzerland at the World Economic Forum. Continue reading
The “rule of law” distinguishes democracies from dictatorships. It’s based on three fundamental principles. Trump is violating every one of them. Continue reading
The biggest untold story about how we pay for government involves a big switcheroo by America’s wealthy. Continue reading
The only redeeming aspect to Trump’s presidency is he brings us back to basics. And what could be more basic than the difference between democracy and dictatorship? Continue reading
Trump has described the payments his bag man, Michael Cohen, made to two women during the 2016 campaign so they wouldn’t discuss their alleged affairs with him, as “a simple private transaction.” Continue reading
Charles E. Wilson, the CEO of General Motors in the middle part of the last century, reputedly once said that “what was good for our country was good for General Motors, and vice versa.” Continue reading
Privatization. Privatization. Privatization. It’s all you hear from Republicans. But what does it actually mean? Continue reading
“I am a Tariff Man,” Trump tweeted last week. “When people or countries come in to raid the great wealth of our Nation, I want them to pay for the privilege of doing so. . . . We are right now taking in $billions in Tariffs. MAKE AMERICA RICH AGAIN.” Continue reading
Donald Trump’s “America first” economic nationalism is finally crashing into the reality of America’s shareholder-first global capitalism. Continue reading
You’re probably hearing a lot about subpoenas. Or you will very soon, once Democrats take control of the House. Continue reading
The “rule of law” distinguishes democracies from dictatorships. It’s based on three fundamental principles. Trump is violating every one of them. Continue reading
In the midterm elections, most Democrats who were elected or reelected to the House supported Medicare for All. Continue reading
Sorry to deliver the news, but it’s time to worry about the next crash. Continue reading
With divisions this deep, it can often feel like we can’t agree on anything. Continue reading
Donald Trump says the midterm elections are a “referendum about me.” Of course they are. Everything is about him. Continue reading
You are the largest, most diverse, and progressive group of potential voters in American history, comprising fully 30 percent of the voting age population. Continue reading
Republicans would love to get rid of Social Security and Medicare. But they can’t, because Social Security and Medicare are among the most popular of all federal programs. Besides, most Americans have been paying into them their whole working lives, and depend on them. Continue reading
I keep hearing that although Trump is a scoundrel or worse, at least he’s presiding over a great economy. Continue reading
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How McConnell is killing the Senate
Posted on April 17, 2019 by Robert Reich
Congress has recessed for two weeks without passing a desperately needed disaster relief bill. Why not? Because Senate Majority Leader Mitch McConnell didn’t want to anger Donald Trump by adding money for Puerto Rico that Democrats have sought but Trump doesn’t want. Continue reading →