Robert Reich

Robert Reich

Robert Reich, is the Chancellor’s Professor of Public Policy at the University of California, Berkeley, and a senior fellow at the Blum Center for Developing Economies. He served as secretary of labor in the Clinton administration, and Time magazine named him one of the 10 most effective cabinet secretaries of the 20th century. He has written 14 books, including the best-sellers Aftershock, The Work of Nations, Beyond Outrage and, most recently, Saving Capitalism. He is also a founding editor of The American Prospect magazine, chairman of Common Cause, a member of the American Academy of Arts and Sciences and co-creator of the award-winning documentary INEQUALITY FOR ALL.

Articles by this author

 "The new tax law is giving America’s wealthy not one but two big windfalls: They stand to gain the most from the tax cuts for individuals, and  they’re the big winners from the tax cuts for corporations." (Photo: CD / CC BY 3.0) Views
Friday, February 09, 2018
Trump’s Big Buyback Bamboozle
Trump’s promise that corporations will use his giant new tax cut to make new investments and raise workers’ wages is proving to be about as truthful as his promise to release his tax returns. The results are coming in, and guess what? Almost all the extra money is going into stock buybacks. Since...
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"The Republican Party used to stand for fiscal responsibility, state’s rights, free trade, and a hard line against Russian aggression. Now it just stands for Trump." (Photo: Shawn Thew, European Pressphoto Agency) Views
Tuesday, February 06, 2018
Trump’s Divide-and-Conquer Strategy
If Robert Mueller finds that Trump colluded with Russia to fix the 2016 election, or even if Trump fires Mueller before he makes such a finding, Trump’s supporters will protect Trump from any political fallout. Trump’s base will stand by him not because they believe Trump is on their side, but...
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Saturday, February 03, 2018
The 20 Big Promises to Trump Voters That He's Broken in Just One Year
1. He told you he’d cut your taxes, and that the super-rich like him would pay more. You bought it. But his new tax law does the opposite. By 2027, according to the nonpartisan Tax Policy Center, the richest 1 percent will have got 83 percent of the tax cut and the richest 0.1 percent, 60 percent...
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 "According to an analysis of census data, Social Security payments keep an estimated 22 million Americans from slipping into poverty." (Photo: Screenshot) Views
Wednesday, January 31, 2018
The Next Big Fight: Saving Medicare, Medicaid, and Social Security from Massive Cuts
Fresh off passing massive tax cuts for corporations and the wealthy, Trump and congressional Republicans want to use the deficit they’ve created to justify huge cuts to Social Security, Medicare, and Medicaid. As House Speaker Paul Ryan says “We’re going to have to get… at entitlement reform, which...
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Sunday, January 28, 2018
Trump's America: Open to Global Capital, Not People
Trump to global CEOs and financiers in Davos, Switzerland: “America is open for business.” We’re now a great place for you to make money. We’ve slashed taxes and regulations so you can make a bundle here. "Global capital doesn't care how it gets a high return. If it can get it by slashing wages,...
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Because the richest 1 percent of Americans owns 40 percent of all shares of stock, and the richest fifth owns 80 percent, this is great news for the wealthy. Views
Friday, January 19, 2018
Trump’s Shareholder Bonanza
The evidence is in: The biggest beneficiaries of the Trump-Republican tax plan are shareholders. Yesterday, Bank of America Brian Moynihan said that “most of the benefits” from the tax cuts “will flow to the bottom-line through dividends and share buybacks over time.” Exactly. Dividends and share...
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Sunday, January 07, 2018
Seriously, How Dumb is Trump?
I figured they couldn’t be right because really stupid people don’t become presidents of the United States. Even George W. Bush was smart enough to hire smart people to run his campaign and then his White House. Several months back when Secretary of State Rex Tillerson called Trump a “f—king moron...
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"He said he’d clean the Washington swamp. You bought it. But he’s brought into his administration more billionaires, CEOs, and Wall Street moguls than in any administration in history." (Photo: DonkeyHotey/Flickr/cc) Views
Friday, December 29, 2017
New Year’s Update for Trump Voters
Almost one year in, it’s time for another update for Trump voters on his election promises: 1. He told you he’d cut your taxes, and that the super-rich like him would pay more. You bought it. But his new tax law does the opposite. By 2027, according several nonpartisan analyses, the richest 1...
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"The Republican Party is their vehicle. Fox News is their voice. Trump is their champion. The new tax plan is their triumph." (Photo: @srbija_eu/Twitter) Views
Monday, December 18, 2017
The Triumph of the Oligarchs
The Republican tax plan to be voted on this week is likely to pass. “The American people have waited 31 long years to see our broken tax code overhauled,” the leaders of the Koch’s political network insisted in a letter to members of Congress , urging swift approval. They added that the time had...
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tax scam Views
Saturday, December 16, 2017
A Guide to Why the Trump-Republican Tax Plan is a Disgrace (for When you Confront Your Republican Uncle Bob During the Holidays)
Here are the 3 main Republican arguments in favor of the Republican tax plan, followed by the truth. 1. It will make American corporations competitive with foreign corporations, which are taxed at a lower rate. Rubbish. (1) American corporations now pay an effective rate (after taking deductions...
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