The Corporate Pledge of Allegiance

corporate donors

Robert Reich: The Court thinks corporations have First Amendment rights to spend as much as they want on politics, and Romney (and most of his fellow Regressives) think they need lower taxes and fewer regulations in order to be competitive. These positions are absurd on their face.

Washington Pre-Occupied

occupy washington

Robert Reich: The Occupier movement is still in its infancy in the United States, but it cannot be stopped. Here, as elsewhere, people are outraged at what feels like a rigged game.

Greece’s Choice — and Ours: Democracy or Finance?

greek economy

Robert Reich: Greek Prime Minister George Papandreou decided in favor of democracy yesterday when he announced a national referendum on the draconian budget cuts Europe and the IMF are demanding from Greece in return for bailing it out.

Flat Tax a Flat-Out Fraud

herman cain

Robert Reich: All flat-tax proposals benefit the rich more than the poor for one simple reason: Today’s tax code is still at least moderately progressive. The rich usually pay a higher percent of their incomes in income taxes than do the poor. A flat tax would eliminate that slight progressivity.

Why Obama Should Break Up Big Banks

obama staff gardem

Robert Reich: What better way for Obama to distinguish himself from Romney than to condemn Wall Street’s antics since the bailout, and call for real reform?

Why We Shouldn’t be Selling the Right to Live in America

america for sale

Robert Reich: The visa-for-home swap proposal also comes at exactly the same time the nation is actively closing its doors to foreigners who aren’t wealthy. Is this what America is all about?

The Flat-Tax Fraud, and the Necessity of a Truly Progressive Tax

flat tax

Robert Reich: Simple fairness requires three things: More tax brackets at the top, higher rates in each bracket, and the treatment of all sources of income (capital gains included) exactly the same.

The Austerity Death-Trap

obama jobs bill

Robert Reich: Can we just put ideology aside for a moment and be clear about the facts? Consumer spending (70 percent of the economy) is flat or dropping because consumers are losing their jobs and wages, and don’t have the dough. And businesses aren’t hiring because they don’t have enough customers.

The Need for a Progressive Alternative

gop field

Robert Reich: Without bold alternatives, Americans desperate for big solutions are attracted to bold crackpot ideas like Herman Cain’s “9-9-9” proposal, which would raise taxes on the poor and cut them for the rich.

The Rise of the Regressive Right and the Reawakening of America

eric cantor

Robert Reich: Eric Cantor, Paul Ryan, Rick Perry, Michele Bachmann and the other tribunes of today’s Republican right aren’t really conservatives. Their goal isn’t to conservative what we have. It’s to take us backwards.

The Triumph of Dogma, and a Sad Goodbye to David Frum

david frum

Robert Reich: The American public doesn’t want or need to hear “representatives” from the so-called right or left. It wants insight into what’s best for America.

The Seven Biggest Economic Lies

class warfare

Robert Reich: Here’s a short effort to rebut the seven biggest whoppers now being told by those who want to take America backwards.

The Wall Street Occupiers and the Democratic Party

bull market

Robert Reich: Will the Wall Street Occupiers morph into a movement that has as much impact on the Democratic Party as the Tea Party has had on the GOP? Maybe. But there are reasons for doubting it.

Behind Europe’s Debt Crisis Lurks Another Giant Bailout of Wall Street

greece-economy-wide

Robert Reich: Republicans and Wall Street executives who continue to yell about Dodd-Frank overkill are dead wrong. The fact no one seems to know Morgan’s exposure to European banks or derivatives – or that of most other giant Wall Street banks – shows Dodd-Frank didn’t go nearly far enough.

How to Get Out of America’s Jobs Depression

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The Reverend Al Sharpton and various labor unions have announced a March for Jobs. But I’m afraid we’ll need more than marches to get jobs back. Since the start of the Great Recession at the end of 2007, America’s potential labor force – that is, working-age people who want jobs – has grown by over [...]

The Moral Question

Robert Reich: The appropriation bill the House passed June 16 would deny benefits to more than 700,000 eligible low-income women and young children next year. What kind of country are we living in?

Why This Is Exactly the Time to Rebuild America’s Infrastructure

minneapolis bridge collapse

Robert Reich: Anyone with half a brain will see this is the ideal time to borrow money from the rest of the world to put Americans to work rebuilding the nation’s infrastructure. Problem is, too many in Washington have less than half a brain.

When Will Wall Street Call for More Federal Spending?

cut taxes

Robert Reich: We can get out of this recession but not via the Fed’s “quantitative easing” alone. When consumers can’t spend and businesses won’t spend without additional consumers, government must be the spender of last resort.

The Republicans’ Latest Ploy to Keep the Economy Lousy

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Robert Reich: Whatever shred of doubt you may have harbored about the determination of congressional Republicans to keep the economy in the dumps through Election Day should now be gone.

Why the Most Important Issues May Be Off the Table in the 2012 Election

President Barack Obama has lunch at Good Stuff Eatery in Washington, D.C., with staff members who worked on the debt negotiations, Aug. 3, 2011. Official White House Photo by Pete Souza)

Robert Reich: By continuing to push and prod we give hope to countless Americans on the verge of giving up. We give back to them the courage of their own convictions, and thereby lay the groundwork for a future progressive agenda

Taxing the Rich, the Obama Way

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Robert Reich: You can bet Republicans will continue to harp about the large portion of low-wage earners who pay no income taxes — without mentioning that they pay a higher portion of their incomes than anyone else in payroll and sales taxes.

The Republican Weapon of Mass Cynicism

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Robert Reich: If we can’t trust government at a time like this, whom can we trust? Corporations? Wall Street? Bill Gates and Warren Buffett? Or is each of us now simply on our own?

How to Create More Jobs By Lowering Wages: Texas and America

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Robert Reich: Perry and Romney can duke it out over who created the most jobs, but governors have as much influence over job growth in their states as roosters do over sunrises.

The Oddness of the President’s Upcoming Deficit-Reduction Plan

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Robert Reich: When unemployment is still in the stratosphere, it would be insane to start cutting the deficit by $3 trillion to $4 trillion. That would push unemployment into outer space.

Two Cheers and One Jeer for the American Jobs Act

Robert Reich: President Obama laid out the problem correctly and effectively. He explained why jobs and growth must be the nation’s first priority now — not the federal deficit.

Inequality: The Real Cause of America’s Economic Woes

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Robert Reich: During periods when the very rich took home a much smaller proportion of total income — as in the Great Prosperity between 1947 and 1977 — the nation as a whole grew faster and median wages surged.

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The Zero Economy

obama sotu

Robert Reich: Every time you hear anyone say we’re “broke” or “can’t afford to spend more,” tell them we’ll be in worse shape if we don’t. If the economy remains dead in the water, the ratio of public debt to GDP balloons.

Obama’s Jobs Plan: Will He Offer Policy Miniatures or Give ‘em Hell?

truman

Robert Reich: The winner of the 2012 presidential election will be the person who comes off as the toughest fighter for average Americans. Earth to Obama: Remember Harry (Give ‘em Hell) Truman.

Rick Perry’s Secret Plan to Save Blue States from the Red States

Robert Reich: Of all the nonsense Texas Governor Rick Perry spews about states’ rights and the tenth amendment, his dumbest is the notion that states should go it alone.

Protests, Not Parades, This Labor Day

trash driver

Robert Reich: Labor Day is traditionally a time for picnics and parades. But this year is no picnic for American workers, and a protest march would be more appropriate than a parade.

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