Robert Reich
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rbreich.bsky.social
Robert Reich
@rbreich.bsky.social

Berkeley professor, former Secretary of Labor. Co-founder of @inequalitymedia.bsky.social and @imcivicaction.bsky.social.

Substack: http://robertreich.substack.com

Buy my new book: https://sites.prh.com/reich

Visit my website: https://rbreich.com/ .. more

Robert Bernard Reich is an American professor, author, lawyer, and political commentator. He worked in the administrations of presidents Gerald Ford and Jimmy Carter, and he served as secretary of labor in the cabinet of President Bill Clinton from 1993 to 1997. He was also a member of President Barack Obama's economic transition advisory board. In 2008, Time magazine named him one of the Ten Best Cabinet Members of the century; in the same year The Wall Street Journal placed him sixth on its list of Most Influential Business Thinkers. .. more

Political science 35%
Economics 32%
Pinned
How did my generation – the baby boomers – squander the potential our parents left us?

What can our children do to correct our mistakes?

These are the central questions of my new memoir: Coming Up Short.

You can preorder it now. sites.prh.com/reich

Reposted by Joe R. Feagin

Over a quarter of Trump's proposed $1T military budget would go to just four companies who have spent $103B in taxpayer dollars on stock buybacks and dividends over the last decade.

He wants to use your money to make the military-industrial complex even richer.

After ousting the BLS director and scrapping the October jobs and inflation reports, Trump is now canceling release of the advance Q3 GDP estimate.

Trump doesn't mind turning the lights off on the economy because he’d rather Americans not know how badly it’s doing under him.

Reposted by Cathy N. Davidson

Average electricity cost increase since Jan:

Missouri ⬆️ 37%
Iowa ⬆️ 30%
North Dakota ⬆️ 30%
Oklahoma ⬆️ 30%
New Jersey ⬆️ 27%
Nebraska ⬆️ 25%
Montana ⬆️ 25%
Wyoming ⬆️ 23%

NATIONWIDE ⬆️ 11%

Instead of working to lower costs, Trump is boosting power-hungry AI data centers.

Donald Trump isn't wielding his antitrust authority to protect the American people — he's using it to reward his allies.

He's instilling his own twisted version of Bork-era antitrust enforcement, which gave corporate monopolies outsized power at the expense of everyone else.
The Borking of America | Robert Reich
Robert Reich
www.youtube.com

I had the honor of joining one of my favorite actors, Stellan Skarsgard, to explore what role art plays in a democracy, the state of global politics, and how we can avoid the "doom loop."

https://www.culturedmag.com/article/2025/11/25/film-stellan-skarsgard-robert-reich-sentimental-value-artists/
Stellan Skarsgård and Robert Reich Tell Us How to Escape the Political Doom Loop
The Swedish actor has a grim perspective on the world. We called Robert Reich—the academic and former politico—to give h
www.culturedmag.com

Speaker Mike Johnson has reportedly told the White House that most Republicans aren't interested in extending ACA subsidies.

Reminder that 57% of ACA Marketplace enrollees live in congressional districts represented by a Republican.

They're selling out their own voters.

Busting up big corporations and tackling Wall Street’s greed.

Getting big money out of politics.

Strengthening unions and fighting for higher wages.

Medicare for all, paid family leave, universal childcare...

This is the progressive populist agenda we need in America.

The moves come after a $60 million lobbying blitz from the chemical industry.

This is why you always follow the money.

www.foodandwaterwatch.org/2025/09/17/a...
The EPA has approved two new pesticides with "forever chemicals" that will be used on food.

The agency has also announced plans for four additional approvals.

The approved pesticides will be used on vegetables such as romaine lettuce, broccoli and potatoes.

Why are billionaires buying up media outlets?

As a media mogul, you can effectively hedge against democracy by suppressing criticism of yourself and other plutocrats and discouraging any attempt to tax away your wealth.

Here's what we need to do about it. robertreich.substack.com/p/billionair...
A toxic combo: Trump, Billionaires, and the Media
What to do about it
robertreich.substack.com

Donald Trump broke his biggest campaign promise, and it’s about to send the cost of your Thanksgiving dinner soaring. Watch. www.youtube.com/watch?v=QHQy...
How Trump Ruined Thanksgiving
YouTube video by Robert Reich
www.youtube.com

Former nursing home executive and convicted fraudster Joseph Schwartz was pardoned by Trump earlier this month.

Schwartz secured the pardon after paying two other convicted fraudsters nearly $1M to lobby Trump on his behalf.

Everything is for sale. youtube.com/watch?v=NflcWXdV-B0&feature=youtu.be
Trump’s Pay-to-Pardon Scheme
Robert Reich
youtube.com

The vicious cycle of monopolization:

1) Corporations argue that their growth is just part of the free market.
2) Use their monopoly power to gouge consumers.
3) Take a portion of their profits to make political donations.
4) Lobby against antitrust enforcement.
5) Repeat.

Reposted by Mary Corcoran

Thousands of Starbucks workers are on strike for a living wage and better working conditions. Stand with them by boycotting Starbucks until it can strike a fair contract. sbworkersunited.org

@sbworkersunited.org
Zohran Mamdani has called for a boycott of Starbucks until the company can bargain a fair contract with its striking workers. We joined members of the mayor-elect's team on the Starbucks picket line in NYC.

Reposted by Robert B. Reich

Zohran Mamdani has called for a boycott of Starbucks until the company can bargain a fair contract with its striking workers. We joined members of the mayor-elect's team on the Starbucks picket line in NYC.
Since 2000, political donations from the richest 100 Americans have increased nearly 140x.

They collectively spent over $1B in 2024, amounting to 1 in every 13 dollars spent during the election.

Is it any wonder why so many regular people feel like they no longer have a voice?
election.Is

The "peace president."
Really looks like the United States is about to launch a regime change war against Venezuela with:

-No casus belli
-No authorization from Congress
-No allies or international support
-No plan for a post-Maduro Venezuela
-No preparation for any sort of stabilization or containment of the fallout
absolutely incredible -- CNN host introduces a segment about Trump's "new healthcare proposal," but less than two minutes later breaks into her script to announce "breaking news" that Trump's healthcare proposal is being postponed
Tyson is closing a Nebraska plant that employs 3,200 workers in order to “right-size” its business.

The meatpacking giant paid its CEO $22.7M last year, 525x its median employee's pay.

It also spent $196M in stock buybacks to reward shareholders.

Textbook corporate greed.

6 people have died from a nationwide listeria outbreak.

31 babies have been hospitalized with botulism from contaminated baby formula.

Instead of firing crucial FDA employees & attacking the agency, Trump should be hiring more experts to crack down on these dangerous outbreaks.

Globalization has been an economic buzzword for decades, but what does it actually mean?

Here's what I tell my students.

Tyson is one of just a few companies that controls the entire meat market.

Just last month, it paid $85M to settle charges it illegally conspired with other meatpackers to raise pork prices.

Corporate monopolies are great for executives and a raw deal for everyone else.
Tyson CEO Donnie King made $22.7 million last year.

The week before Thanksgiving, he told 3,200 workers in Lexington, Nebraska that they're losing their jobs.
BREAKING🚨🚨🚨: Judge rules Trump pick Lindsey Halligan illegally appointed to US Attorney post, dismisses Comey & James cases. But "without prejudice," so they could be refiled although Comey's attorneys say statute of limitations has run. w/ @kyledcheney.bsky.social www.politico.com/news/2025/11...
Comey, James cases dismissed as judge disqualifies interim US attorney Lindsey Halligan
A judge concluded Halligan’s appointment violated laws that limit the ability of DOJ to install top prosecutors without Senate confirmation.
www.politico.com
The EPA will approve two new pesticides containing “forever chemicals” and relax a reporting rule for companies who make products with forever chemicals.

The moves come after a $60 million lobbying blitz from the forever chemical industry.

Where is the MAHA outcry?

Reposted by Robert B. Reich

The EPA has approved two new pesticides with "forever chemicals" that will be used on food.

The agency has also announced plans for four additional approvals.

The approved pesticides will be used on vegetables such as romaine lettuce, broccoli and potatoes.

The "Department of Government Efficiency" has disbanded eight months early.

DOGE sowed chaos throughout the government and disrupted services relied upon by millions, while finding hardly any savings.

Here's what you should know about damage that DOGE leaves behind.
The DOGE Damage Elon is Leaving Behind
Robert Reich
www.youtube.com

We can do away with it without a new Supreme Court. Nor do we need a constitutional amendment. There’s a far simpler way to get rid of Citizens United. Let me explain. https://robertreich.substack.com/p/how-to-get-rid-of-citizens-united
Really looks like the United States is about to launch a regime change war against Venezuela with:

-No casus belli
-No authorization from Congress
-No allies or international support
-No plan for a post-Maduro Venezuela
-No preparation for any sort of stabilization or containment of the fallout

Reposted by Robert B. Reich

This feels like one of those stories you're going to look at a year from now and say to yourself, "Why didn't I move more of my portfolio into cash?" **

** (This post is for informational purposes only and should not be construed as financial or any other advice.)

🎁

www.wsj.com/tech/meta-ai...
AI Meets Aggressive Accounting at Meta’s Gigantic New Data Center
Favorable treatment off the balance sheet hinges on some convenient assumptions.
www.wsj.com

Reposted by Stefan Reis

I’ve been in or around politics for over a half-century now.

I’ve watched as corporations and the super-rich flooded D.C. with campaign cash and ransacked our system.

It won't be easy, but here’s how we break the corporate oligarchy and return power to the people.
The Big Picture: How We Got Into This Mess, And How We Get Out of It | Robert Reich
Robert Reich
youtu.be