Increase in hourly pay since 1979: 32%
Just so happens that ~25% of workers were unionized in 1979. Today? 10%.
As unions declined, the super-rich have taken a larger share of wealth generated by labor. We must build back union power.
Increase in hourly pay since 1979: 32%
Just so happens that ~25% of workers were unionized in 1979. Today? 10%.
As unions declined, the super-rich have taken a larger share of wealth generated by labor. We must build back union power.
The bottom 50% of Americans control $4.2 trillion in wealth.
When 925 people control more wealth than half a country’s population, we have a very serious problem.
The bottom 50% of Americans control $4.2 trillion in wealth.
When 925 people control more wealth than half a country’s population, we have a very serious problem.
It also indicates Trump feels that he needs protection from Epstein file disclosures.
In typical administrations, there is a wall between the White House and what is supposed to be an independent Justice Department.
It also indicates Trump feels that he needs protection from Epstein file disclosures.
It's not because of immigrants, trans people, DEI, the “deep state,” or any other bogeyman trotted out by the GOP.
It's because big corporations and billionaires have rigged markets and siphoned off most of the economy's gains.
It's not because of immigrants, trans people, DEI, the “deep state,” or any other bogeyman trotted out by the GOP.
It's because big corporations and billionaires have rigged markets and siphoned off most of the economy's gains.
Why? Just so they can funnel more money into private, for-profit prisons. The cruelty is the point. www.tpr.org/news/2025-12...
Why? Just so they can funnel more money into private, for-profit prisons. The cruelty is the point. www.tpr.org/news/2025-12...
Roughly half of defense spending goes to private contractors that routinely price-gouge the government.
Meanwhile, the Pentagon has failed seven straight audits.
This is the military industrial complex on steroids.
Roughly half of defense spending goes to private contractors that routinely price-gouge the government.
Meanwhile, the Pentagon has failed seven straight audits.
This is the military industrial complex on steroids.
CEO-to-worker pay ratio in 1990: 75-1
CEO-to-worker pay ratio today: 280-to-1
What can we do about this? Here's one good idea.
https://robertreich.substack.com/p/want-to-know-the-real-problem-with
CEO-to-worker pay ratio in 1990: 75-1
CEO-to-worker pay ratio today: 280-to-1
What can we do about this? Here's one good idea.
https://robertreich.substack.com/p/want-to-know-the-real-problem-with
Yet corporate profits continue to hit record highs, with corporations increasingly spending those earnings on stock buybacks to enrich execs and shareholders.
This is what a rigged economy looks like.
Yet corporate profits continue to hit record highs, with corporations increasingly spending those earnings on stock buybacks to enrich execs and shareholders.
This is what a rigged economy looks like.
Meanwhile, Trump's regime has also scrapped enforcement actions against over 160 corporations accused of misconduct.
A new Golden Age for corporate criminals.
Trump stiffed his contractors, then fell out w/his architect because he refused to back his demand for a ballroom bigger than the WH.
And those corporate donations he keeps bragging about are pledges, not real money. Taxpayers will end up on the hook one way or another.