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Politics

The shameful silence of the CEOs

From the Left / Robert B. Reich /

Congressional Republicans would be more willing to stand up to Donald Trump if their major financial backers -- big business and Wall Street -- had more backbone.

Ever since 1971, when then-future Supreme Court Justice Lewis Powell urged corporations to mobilize politically, corporate money has flooded Washington -- most of it into Republican ...Read more

While China picks winners, Trump picks losers

From the Left / Robert B. Reich /

"It's nonsense that there's a beautiful free market in the power industry," Energy Secretary Rick Perry said recently as he pushed for a government bailout of coal-fired power plants.

Republicans, who for years have voted against subsidies for solar and wind power, arguing that the "free market" should decide our energy future, are now eager to...Read more

The dangers of an untethered Trump

From the Left / Robert B. Reich /

The petulant adolescent in the White House -- who has replaced most of the adults around him with raging sycophants and has demoted his chief of staff, John Kelly, to lapdog -- lacks adequate supervision.

Before, he was merely petty and vindictive. He'd tweet nasty things about people he wanted to humiliate, such as former San Francisco 49ers ...Read more

Dollars for decency

From the Left / Robert B. Reich /

Last week, Laura Ingraham, Fox News' queen of snark, tweeted that David Hogg -- a 17-year-old who survived the mass shooting in Parkland, Florida, and has been among the eloquent advocates for gun control -- "whines about" being rejected by four universities to which he applied. She linked to an article from the Daily Wire calling him a "gun ...Read more

Trump gears up for an epic marketing battle

From the Left / Robert B. Reich /

What's worrying isn't that Donald Trump is now getting advice about public policy from fanatics such as John Bolton and Lawrence Kudlow. Trump has never cared about public policy.

The real worry is that with special counsel Robert Mueller breathing down Trump's neck, and with several special elections suggesting a giant "blue wave" in November,...Read more

The menace of a mad king

From the Left / Robert B. Reich /

Donald Trump is moving into a new and more dangerous phase.

Before, he was constrained by a few "adults" -- Rex Tillerson, Gary Cohn, H.R. McMaster and John Kelly -- whom he appointed because he thought they had some expertise he lacked.

Now, Trump has either fired or is in the process of removing the adults. He's replacing them with a "Star ...Read more

Even after sentencing, America still has a Shkreli problem

From the Left / Robert B. Reich /

Last Friday, Martin Shkreli was sentenced to seven years in prison. What, if anything, does Shkreli's downfall tell us about modern America?

Shkreli's early life exemplified the rags-to-riches American success story. He was born in Brooklyn, New York, in 1983, to parents who emigrated from Montenegro and worked as janitors in New York apartment...Read more

The unconscionable conflicts of Jared Kushner

From the Left / Robert B. Reich /

Before I turn to Jared Kushner, let me ask: Do you believe the U.S. government does the right thing all or most of the time?

The Gallup organization started asking this question in 1963, when more than 70 percent of Americans said they did. Since then, the percentage has steadily declined. By 2016, before Donald Trump became president, only 16 ...Read more

The moral movement against violence is gaining steam

From the Left / Robert B. Reich /

For years, big corporations had welcomed the opportunity to accumulate more customers by giving discounts to NRA members. Yet in the aftermath of the shootings in Parkland, Florida, and the activism of high school students, corporations are bailing out of their deals with the NRA.

As we've seen with the corporate firings of sleazebag movie ...Read more

Has the real meaning of America been lost?

From the Left / Robert B. Reich /

When Donald Trump and his followers refer to "America," what do they mean?

Some see a country of white, English-speaking Christians.

Others want a land inhabited by self-seeking individuals free to accumulate as much money and power as possible, who pay taxes only to protect their assets from criminals and foreign aggressors.

Others think ...Read more

Trump's tax cut is fueling stock buybacks, not wage increases

From the Left / Robert B. Reich /

Donald 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 the tax cut became law, buy-backs have ...Read more

Trump's divide-and-conquer strategy is working

From the Left / Robert B. Reich /

If special counsel Robert Mueller finds that Donald 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 him from any political fallout.

Trump's base will stand by him not because they believe Trump is on their side, but because they define themselves...Read more

Trump's America: Open to global capital, not people

From the Left / Robert B. Reich /

Trump to global CEOs and financiers in Davos, Switzerland, last week: "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.

Trump to ambitious young immigrants around the world, including those brought here as children: America is closed. We don't want ...Read more

 

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