iOS app Android app

Robert Reich

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

Robert Reich | Posted 10.31.2011 | Politics
Robert Reich

Rick Perry's fight to save America from Washington would really save blue states from subsidizing red states. Perry, it turns out, is a closet liberal.

This Labor Day We Need Protest Marches Rather Than Parades

Robert Reich | Posted 10.25.2011 | Politics
Robert Reich

Let's bag the picnics and parades this Labor Day. American workers should march in protest. They're getting the worst deal they've had since before Labor Day was invented -- and the economy is suffering as a result.

Friday Talking Points -- Phony Vacation Outrage

Chris Weigant | Posted 10.19.2011 | Politics
Chris Weigant

President Obama is on vacation. This fact is being subject to ridicule from Republicans, and their enablers in the media. Which has prompted me to -- in the fashion of Bill Maher -- come up with a New Rule.

WATCH: Understanding The Credit Downgrade

Posted 10.19.2011 | Comedy

After the United States' credit was downgraded from AAA to AA+ by Standard and Poor's, many of us had the same question: "So, um, what does that mean ...

Now Obama Must Lead Democrats and the Nation

Brent Budowsky | Posted 10.18.2011 | Politics
Brent Budowsky

Yes, President Obama inherited a mess. But it is unacceptable that in the third year of his presidency he still blames his predecessor and does bus tours to promote jobs programs that do not exist.

How Austerity Is Ushering in a Global Recession

Robert Reich | Posted 10.17.2011 | Business
Robert Reich

Not only is the U.S. slouching toward a double-dip, but so is Europe. New data out Tuesday show even Europe's strongest core economies slowing to a crawl. We're on the cusp of a global recession. Policymakers be warned: Austerity is the wrong medicine.

Dick Durbin: Sacrificing Social Security, Recovery?

Curtis Black | Posted 10.09.2011 | Chicago
Curtis Black

Now that the debt ceiling crisis is behind us, it's time to take a look at Senator Durbin's role in shifting the debate away from the jobs crisis and legitimizing attacks on Social Security.

"JOBS FIRST" -- Starting 'Labor' Day, Obama Can Turn Tables on GOP

Mark Green | Posted 10.05.2011 | Politics
Mark Green

On Labor Day, President Obama should announce a "Jobs First" program. Namely, spend $300 billion more starting now to spur consumer demand in exchange for $300 billion in reduced spending in 2014. Jobs first. Cuts later.

The Hostage Crisis Continues: Why Obama Can't Pivot to Jobs and Growth

Robert Reich | Posted 10.02.2011 | Politics
Robert Reich

What precisely will Obama fight for now that the debt deal has tied his hands? He says he wants to extend tax cuts for middle class families and make sure the jobless get unemployment benefits. Fine, but the new deal won't let him.

Ransom Paid

Robert Reich | Posted 10.01.2011 | Politics
Robert Reich

Anyone who characterizes the deal between the president, Democratic, and Republican leaders as a victory for the American people over partisanship understands neither economics nor politics.

The Great Recession: Is It Time For A Name Change?

The Huffington Post | James Sunshine | Posted 09.25.2011 | Business

In 2008, then-President George W. Bush announced that America was in the process of what he called an economic "slowdown." But by as early as that Dec...

The Shameful Murder Of Dodd-Frank

Robert Reich | Posted 09.19.2011 | Business
Robert Reich

The sad lesson of Dodd-Frank is that Wall Street is too powerful to allow effective regulation of it. The only answer left is to break up the giant banks with antitrust action.

Debt Ceiling Just as Predicted! Now, Critical Next Steps

Paul Abrams | Posted 09.13.2011 | Politics
Paul Abrams

Now that the Republicans have heeded their Wall Street paymasters, there is even more reason for the Senate to pass its original Senate Budget Committee plan.

Jamie Didn't Know: The Tragic Legacy of JPMorgan Chase's CEO

Richard (RJ) Eskow | Posted 08.27.2011 | Business
Richard (RJ) Eskow

We can already suspect that Dimon's legacy will be written with the words "Jamie didn't know." Given the level of corporate malfeasance in his organization during his tenure as CEO, it seems that he's been a remarkably unobservant executive.

WATCH: Robert Reich Solves U.S. Economy In Two Minutes

The Huffington Post | James Sunshine | Posted 08.21.2011 | Business

Former Secretary of Labor Robert Reich knows what's wrong with the economy, and he says he can explain to viewers in less than three minutes. Since...

Of Snake Oil, Puff Balls, and the Need for a Real Jobs Plan From the President

Robert Reich | Posted 08.14.2011 | Business
Robert Reich

If the choice for salvaging the American economy is between Republican snake oil and the puff ball proposals of the president's CEO-laden jobs council, America will be in deeper and deeper trouble. And so will the president.

The Swamp of Washington and the Morass of the Economy

Robert Reich | Posted 08.12.2011 | Politics
Robert Reich

If the Democrats remain silent on the urgency of job creation, the vacuum will be filled by the Republican snake oil of federal spending cuts and cut taxes on big corporations and the wealthy.

Why the President Must Come Up With Demand-Side Solutions, And Not Go Over to the Supply Side

Robert Reich | Posted 08.09.2011 | Business
Robert Reich

President Obama's putative embrace of the false notion that businesses need more financial incentives in order to hire risks giving legitimacy to the same supply-side economic approach that has failed for the past thirty years.

What Effect Will More Corporate Ads and Interrupted Programming Really Have on PBS?

Pearl Korn | Posted 08.07.2011 | Media
Pearl Korn

At PBS's recent annual gathering it was announced that the number and frequency of promotions for corporate sponsors would increase during a few noted programs as an experiment.

Why Washington Isn't Doing Squat About Jobs and Wages

Robert Reich | Posted 08.05.2011 | Politics
Robert Reich

The unemployed are politically invisible. They don't make major campaign donations. They don't lobby Congress. There's no National Association of Unemployed People. This is why neither party seems to care that we're heading back towards a double-dip recession.

Back Toward Double-Dip

Robert Reich | Posted 08.03.2011 | Business
Robert Reich

The May jobs report is a disaster -- the weakest reading since September. The recovery has stalled. And while we're not in a double-dip recession yet, the odds of it are increasing.

How to Get Washington's Attention

Robert Reich | Posted 08.02.2011 | Business
Robert Reich

The leaders of Wall Street and big business may now have to wake up to a reality they've tried to avoid telling our leaders in Washington -- that the central economic problem of our time isn't the long-term budget deficit but the immediate deficit in aggregate demand.

Medicare: "Biggest Deficit Driver" or "Solution" to Economic Recovery?

Michele Swenson | Posted 07.31.2011 | Politics
Michele Swenson

Democrats have handicapped themselves by starting with compromise in talks regarding the economy and deficit reduction, just as they did with health care reform.

The Truth About the American Economy

Robert Reich | Posted 07.31.2011 | Business
Robert Reich

It's vital that we understand the truth about the American economy. How did we go from the Great Depression to 30 years of Great Prosperity? And from there, to 30 years of stagnant incomes and widening inequality, culminating in the Great Recession?

The Republican Death Wish

Robert Reich | Posted 07.26.2011 | Politics
Robert Reich

Now it's official. The 2012 campaign will be about the future of Medicare. This spells trouble for the GOP. Polls show an overwhelming bipartisan majority of Americans want to preserve Medicare. They don't want to turn it over to private insurers.