Berkeley professor, former Secretary of Labor. Co-founder, @InequalityMedia. Preorder my new book below:
Joined May 2010
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15h
Your money — whether it’s a 401K, a pension, or a college endowment — is now tied up in Elon Musk’s SpaceX.
Guess who will be stuck holding the bag when the rocket crashes?
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Robert Reich retweeted
Jun 12
It turns out that if you gut CBS news, gut 60 Minutes, promise to gut CNN, cancel Colbert, get $29B in Saudi, Qatari & UAE money, and hold a weird lavish banquet for the President and acting AG in a federal building… you can get your illegal merger approved by the DOJ.
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17h
The world’s first trillionaire. Trump’s “love” for inflation. America’s testosterone poisoning.
It was another packed week.
We break it all down on a brand new Coffee Klatch.
youtu.be/pegSl_RHlTc
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Jun 12
The DOJ just gave approval to Paramount — owned by the billionaire Trump allies Larry and David Ellison — to buy Warner Bros Discovery.
Trump is advancing his scheme to control the media in broad daylight.
State AGs must step in and block this deal.
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Robert Reich retweeted
Jun 12
Wow. I just got my latest electric bill.
Exact same daily usage as last year
Exact same daily avg. temp as last year
But... a nearly 30% increase in the daily avg. cost
(The official CPI report says electricity costs are up 6% in the past year. Obviously, it varies by region)
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Robert Reich retweeted
Jun 12
It is a moral failure of our country that we changed the rules to create a trillionaire while doing nothing about the 771,000 homeless and over 18 million who do not have enough to eat.
Jun 11
SPACEX IPO MAKES ELON MUSK WORLD'S FIRST TRILLIONAIRE
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Jun 12
Look at this graph.
The top 0.1 percent's wealth has never grown as fast in U.S. history as it has in the past 15 years.
And that's before Elon Musk became the world's first TRILLIONAIRE.
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Jun 12
Todd Blanche cannot be Attorney General. The Senate must oppose his nomination.
If you’re with me on this, please contact your senator’s office and tell them to vote NO on confirming Blanche.
The Senate switchboard is (202) 224-3121.
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Jun 12
The concentration of wealth in the hands of a few isn't just bad for our economy. It's corrosive to our democracy.
When the wealthy and well-connected control our political system, regular people don't have a voice.
The result? Demagoguery and corruption.
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Jun 12
They don't want you to know the REAL reason Social Security is in trouble
But I'm going to tell you anyway. 👇
robertreich.substack.com/p/t…
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Robert Reich retweeted
Jun 12
Those who celebrate @elonmusk's $1 trillion fortune need to be reminded of a simple and vital truth:
That there is a fundamental tension between extreme wealth and the very possibility of democracy.
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Jun 12
It's never been about what this country can afford. It's about priorities.
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Jun 11
As inflation surges due to Trump's Iran War, don't forget it was already rising before the war thanks to his tariffs.
And despite them being ruled illegal, Trump still hasn't given us a tariff refund!
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Jun 11
“No one gives a sh*t about housing.”
“If [gas prices] rise, they rise.”
"I don’t think about Americans’ financial situation."
"I love the inflation."
Donald Trump really is a man of the people, isn't he?
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Robert Reich retweeted
Jun 11
CNN's resident fact-checker Daniel Dale hasn't conducted an on-air fact check of Trump in more than three months, a stretch that coincidentally began around the same time Paramount announced its merger with WBD
status.news/p/daniel-dale-cn…
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Robert Reich retweeted
America's 250th was going to be nonpartisan. Then Trump took over. Now it's being run by Trump loyalists & funded by $100 million in federal contracts sent to MAGA-fied events.
New report from us @Public_Citizen (link below)
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Jun 11
Hawaii just passed the first state law in the country banning corporations from making political donations in state elections.
Now a Koch-backed legal group is suing to overturn it.
Big Money won't get out of our politics without a fight — one that we the people must win.
(via @LeverNews)
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Jun 11
Tomorrow's I.P.O. of SpaceX could turn out to be the universe's largest Ponzi scheme, and you and I are paying part of the price whether we like it or not. robertreich.substack.com/p/m…
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Jun 10
Behind JD's bloopers, bungles, and bonkers claims is a dead serious plan. Let me explain.
robertreich.substack.com/p/j…
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