The Ersatz Public Option
Harry Reid's public option is a token public option -- a fleeting gesture toward the idea of a public option, so small and desiccated as to be barely worth mentioning except that it still contains the word "public."
Harry Reid's public option is a token public option -- a fleeting gesture toward the idea of a public option, so small and desiccated as to be barely worth mentioning except that it still contains the word "public."
Robert Reich | Posted 11.17.2009 | Politics
The dirty little secret on each side of the Pacific is that both America and China are capable of producing far more than their own consumers are capable of buying. The root of the problem is in domestic inequality.
Paul Abrams | Posted 11.17.2009 | Business
Geithner is a continuing liability for this President. By stepping down, he can rightly claim some successes, while also presenting an opportunity for Obama to appoint a Treasury Secretary who fights for Main Street.
Robert Reich | Posted 11.13.2009 | Politics
Nobody promised you this would be easy, Harry. But, hell, why are you there, anyway? Your responsibility is to do the right thing by the American people and bring down future health-care costs.
HuffingtonPost.com | Shahien Nasiripour | Posted 11.05.2009 | Business
On the 10th anniversary of Congress voting to repeal the law that had long separated Main Street commercial banking from Wall Street investment bankin...
Geoffrey Dunn | Posted 11.07.2009 | Books
One thing is certain: You will read far more about the real Sarah Palin in Going Rouge than you ever will in her own memoirs, being published by (who else?) Rupert Murdoch.
Robert Reich | Posted 10.27.2009 | Business
Two ideas are floating around Washington regarding how to handle 'too big to fail' banks, but only one is supported by the Treasury and the White House. Unfortunately, it's the wrong one.
Robert Reich | Posted 10.25.2009 | Politics
Congress is struggling to produce even the tiniest shards of regulation that would at least give the appearance of doing something to rein in the Street.
Robert Reich | Posted 10.19.2009 | Politics
If Obama doesn't weigh in forcefully and say "no" to the hush money arranged in January for Big Pharma, big insurance, and the AMA, America's middle class will get walloped. And so will he in 2012.
Robert Reich | Posted 10.14.2009 | Politics
Health insurers have just made the best argument yet about why a public insurance option is necessary.
Robert Reich | Posted 10.13.2009 | Green
There's no way between now and Copenhagen that Obama can get a strong climate bill through Congress. So here's my suggestion.
Robert Reich | Posted 10.12.2009 | Politics
Giving the Peace Prize to the President before any of his goals have been attained only underscores the paradox of Obama at this early stage of his presidency.
http://www.nytimes.com/2009/10/07/business/07tax.html | Catherine Rampell | Posted 10.07.2009 | Politics
The idea of a tax credit for companies that create new jobs, something the federal government has not tried since the 1970s, is gaining support among ...
Jackson Williams | Posted 10.05.2009 | Politics
You know we're in trouble when a major political party openly roots for its own country to lose, as Republicans did for President Obama's bid to win the 2016 Olympics for Chicago.
Robert Reich | Posted 09.30.2009 | Politics
The public option lives on. It's still in the Senate Health, Education, Labor, and Pension bill. It still headlines the House bills, and Speaker Nancy Pelosi says she's still committed to it.
Robert Reich | Posted 09.22.2009 | Business
Regardless of what you call it -- Keynesianism, socialism, or just pragmatism -- government's expansion is doing wonders for business, especially big business and Wall Street.
Robert Reich | Posted 11.17.2009 | Politics
Here's what's likely to happen if Snowe signs on to the Baucus bill, and if she doesn't. The next few weeks are crucial.
Posted 11.14.2009 | Business
Professor Robert Reich, former Labor Secretary in the Clinton administration, and Pat Buchanan had a rare moment of agreement this morning when they w...
Brett Greene | Posted 11.12.2009 | Denver
Have you ever been to a networking event? Then you've had that cringing feeling in your stomach after entering a room full of strangers.
Robert Reich | Posted 11.11.2009 | Politics
The real political race for health care has just begun. Obama's speech should be seen as the starting gate of a two-month sprint between two competitors -- and they're not Democrats and Republicans.
HuffingtonPost.com | Jason Linkins | Posted 11.09.2009 | Politics
Tonight, President Barack Obama will address a joint session of Congress and urge lawmakers to pass health care reform. Naturally, it will also be an ...
Robert Reich | Posted 11.08.2009 | Politics
With Congress returning from recess to consider health care legislation and the President set to deliver a major address on the subject to both houses of Congress tomorrow, a bit of history may be in order.
Robert Reich | Posted 10.21.2009 | Business
I keep hearing that the economic meltdown has taken a huge toll on the stock portfolios of the rich. That's true. But the rich haven't lost nearly as much of their assets, proportionately, as everyone else.
Robert Reich | Posted 10.19.2009 | Politics
Addressing Congress is a good idea, but Obama can't rely solely on his exceptional rhetorical skills. He'll need to twist arms, cajole, force recalcitrant members to join him, and threaten retribution if they don't come along.
Robert Reich | Posted 10.17.2009 | Politics
The most important difference between America's Democratic left and Republican right is that the left has ideas and the right has discipline.
Robert Reich | Posted 11.19.2009 | Politics