Robert Reich: The Trump tax cut is estimated to save Charles and the late David Koch and their Koch Industries an estimated $1 to $1.4 billion a year, not even counting their tax savings on profits stored offshore and a shrunken estate tax.
Robert Reich: There are no longer “moderates.” There’s no longer a “center.” The most powerful force in American politics today is anti-establishment fury at a rigged system.
Robert Reich: Since taking office, representatives of at least 22 foreign governments, including Saudi Arabia, Turkey, and Russia, have spent money at properties owned by the Trump Organization.
Robert Reich: Beating Donald Trump requires getting out the vote. And in order to get people to turn out and vote, a presidential candidate has to be inspiring.
Robert Reich: You almost never hear Trump and Republicans in Congress complaining about another form of welfare that lines the pockets of wealthy corporations. We must end corporate welfare. Now.
Robert Reich: Nancy Pelosi caved – accepting a bill her House majority had no hand in writing – and the House passed the Senate version, with 129 Democrats supporting it.
Robert Reich: The real danger is that as attention inevitably turns to the 2020 campaign, controversy over the report will obscure the far more basic issues of Trump’s competence and character.
Robert Reich: Bernie helped reveal a new and deeper political divide in America – between oligarchy and democracy. Rather than the size of government, he raised the more central question of who government is for.
Robert Reich: Donald Trump is violating the Constitution. He is negating our system of government based on the rule of law. He is violating a president’s core responsibility to protect American democracy.
Robert Reich: When he was in business, Trump perfected the art of using bankruptcy to shield himself from the consequences of bad decisions – socialism for the rich at its worst – while leaving employees twisting in the wind.
Robert Reich: He could be a spoiler in 2020, splitting the vote and putting Trump back in the White House. Even Bill Burton, a former Obama adviser who has joined the Schultz team, publicly warned against third-party voting in 2016.
Robert Reich: Shame on him for jeopardizing America this way in order to fund his wall – which is nothing but a trumped-up solution to a trumped-up problem designed only to fuel his base.
Robert Reich: Trump’s ego and his economic team’s incompetence not only threaten the stock market, but could tank the whole economy.