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.
Robert Reich: Unlike their grandparents – boomers who were involved in civil rights, voting rights, women’s rights, the anti-Vietnam War movement – most young people today don’t remember a time when political action changed America for the better.
Robert Reich: At the Helsinki summit, Russia agreed to nothing. But Trump gave away the store, even casting doubt on Russia’s collusion in the 2016 election in the face of the conclusions of America’s own intelligence agencies.
Robert Reich: There is no exact definition of a constitutional crisis. Presumably it’s when the United States Constitution is in crisis. And it is in crisis now, today, because the president of the United States is abusing it to entrench his power.
Robert Reich: At his most recent rally in Great Falls, Montana, Trump made 98 factual statements. 76 percent of them were false, misleading or unsupported by evidence.
Robert Reich: The current crisis has been unfolding since the waning days of the 2016 campaign when Trump refused to say whether he’d be bound by the election results if Hillary won.