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.
Robert Reich: After two years of Trump we may have overlooked the essence of his insanity: His brain sees only private interests transacting. It doesn’t comprehend the public interest.
Robert Reich: Corporate profits are now a higher share of the economy than they were for most of the past century, and workers’ share of the total economy is the lowest.
Robert Reich: We should break up the high-tech behemoths, or at least require that they make their proprietary technology and data publicly available and share their platforms with smaller competitors.
Robert Reich: Clear away the financial rubble from those two former crashes and you’d see they both followed upon widening imbalances between the capacity of most people to buy, and what they as workers could produce.