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Robert Reich

Robert Reich

The Guardian

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Five things the debt-ceiling deal suggests about the future

1. House MAGA Republicans will be less of a force. It was supposed to be their ace in the hole, their single biggest bargaining leverage. But in the...

latest 3

The Guardian

Robert Reich

Republicans love to make up fake crises. Here are five of the biggest

R epublican leaders have mastered the art of manufacturing crises to divert the public’s attention from the real crisis of our era – the...

01.06.2023 6

The Guardian

Robert Reich

The debt ceiling deal isn’t perfect but it’s the only one – and it must pass

House Speaker Kevin McCarthy and Joe Biden reached a deal last night to raise the debt ceiling and prevent the United States from defaulting on its...

28.05.2023 3

The Guardian

Robert Reich

What is going on with Elon Musk and Ron DeSantis?

The real significance of Ron DeSantis’s presidential announcement on Twitter had little to do with DeSantis but everything to do with Musk. It’s...

25.05.2023 9

The Guardian

Robert Reich

Debt ceiling showdowns aren’t new – but this time gonzo Republicans are ready to blow up the economy

O n 22 October 1985, Treasury Secretary James A Baker III told congressional leaders that if Congress failed to raise the debt ceiling by the end of...

22.05.2023 6

The Guardian

Robert Reich

The Democrats have a powerful campaign issue: price-gouging corporations

The economic goal should be more jobs at higher wages. Right? Yet the Federal Reserve, corporate economists and the Republican party have turned the...

12.05.2023 100

The Guardian

Robert Reich

Republican attacks on trans people smack of fascism

For a second week, Montana Republicans have blocked Democratic transgender lawmaker Zooey Zephyr from participating in a debate over proposed...

30.04.2023 10

The Guardian

Robert Reich

Trump committed treason and will try again. He must be barred from running

The most obvious question in American politics today should be: why is the guy who committed treason just over two years ago allowed to run for...

24.04.2023 850

The Guardian

Robert Reich

The modern Republican party is hurtling towards facsism

America no longer has two parties devoted to a democratic system of self-government. We have a Democratic party, which – notwithstanding a few...

15.04.2023 200

The Guardian

Robert Reich

Trump thinks his arrest helped his presidential chances. He’s wrong

In February, Ron DeSantis led Donald Trump 45% to 41% in the Yahoo/YouGov poll. But Trump’s indictment has reversed the race. Just after Trump said...

11.04.2023 30

The Guardian

Robert Reich

The most consequential politics story in the US isn’t the Trump arraignment

One of the biggest challenges to the future of American democracy is unfolding this Tuesday, but not in Manhattan. It’s occurring in Wisconsin....

04.04.2023 850

The Guardian

Robert Reich

Trump will attack his indictment on three basic points. Let me rebut them

You’re going to hear three basic criticisms of Trump’s indictment. Each has some merit, but ultimately fails. Let me rebut each in turn. Wrong. In...

01.04.2023 40

The Guardian

Robert Reich

American children are working hazardous jobs – and it’s about to get worse

W hen I was secretary of labor 30 years ago, one major goal was to crack down on companies that employed children, in violation of the Fair Labor...

31.03.2023 100

The Guardian

Robert Reich

To prevent more bank runs, the Fed should pause rate hikes

The global financial system is facing a crisis of confidence. Which makes this week’s meeting of America’s central bankers critically important....

21.03.2023 80

The Guardian

Robert Reich

US banks want socialism for themselves - and capitalism for everyone else

G reg Becker, the former CEO of Silicon Valley Bank, sold $3.6m of SBV shares on 27 February, just days before the bank disclosed a large loss that...

19.03.2023 300

The Guardian

Robert Reich

There’s a deeper story to Silicon Valley Bank’s failure. What can we learn from it?

On Friday, bank regulators closed Silicon Valley Bank, based in Santa Clara, California. Its failure was the second largest in US history and the...

13.03.2023 40

The Guardian

Robert Reich

Republicans are threatening to default on the US national debt. Don’t believe them

P resident Biden is proposing to trim the federal budget deficit by close to $3tn over the next 10 years. He was an FDR-like spender in the first two...

09.03.2023 7

The Guardian

Robert Reich

The US central bank is poised to cause untold hardship to millions of Americans

A s chairman of the Federal Reserve board, Jerome Powell is making his semi-annual policy report to Congress this week. I have an urgent question for...

08.03.2023 70

The Guardian

Robert Reich

Is the US government ready for the rise of artificial intelligence?

We’re at a Frankenstein moment. An artificial intelligence boom is taking over Silicon Valley, with high-tech firms racing to develop everything...

07.03.2023 60

The Guardian

Robert Reich

Joe Biden has steadied the nation – why don’t his polling numbers reflect this?

Biden’s State of the Union address is a reminder of how good a president he has been, but majorities believe he has made no progress

09.02.2023 3

The Guardian

Robert Reich

Biden has revived democratic capitalism – and changed the economic paradigm

The president’s domestic successes offer a rebuke to disciples of Reagan: the ‘free market’ has never existed

06.02.2023 200

The Guardian

Robert Reich

Republicans aren’t going to tell Americans the real cause of our $31.4tn debt

The rich used to pay taxes. Now they loan money to the US government – at a profit that everyone else pays for

01.02.2023 300

The Guardian

Robert Reich

Is Joe Biden a viable candidate for 2024?

The discussion about Biden’s re-election conflates five different questions. Let’s look at them one by one

23.01.2023 40

The Guardian

Robert Reich

There is no US labor shortage. That’s a myth

There is, however, a shortage of jobs paying sufficient wages to attract workers to fill job openings

15.01.2023 20

The Guardian

Robert Reich

The FTC is back to being the activist US agency progressives sought in 1914

Last week, under its Biden-appointed chair, the Federal Trade Commission proposed a new rule banning non-compete agreements – and it’s a big deal

12.01.2023 40

The Guardian

Robert Reich

The US should break up monopolies – not punish working Americans for rising prices

The Fed is putting people out of work to reduce workers’ bargaining power and reduce inflation. They’ve got it all wrong

08.01.2023 300

The Guardian

Robert Reich

House Democrats should unite with moderate Republicans to elect a speaker

In exchange for backing a relatively moderate Republican such as Fred Upton or David Joyce as speaker, Democrats should demand they get equal seats on...

05.01.2023 100

The Guardian

Robert Reich

Republicans fight over speaker of the House – but whoever wins, the party loses

The Republican party has collapsed under its own contradictions, competing impulses and fear of the base

03.01.2023 10

The Guardian

Robert Reich

It’s hard to believe, but things are getting better. They will continue to if we keep up the fight

Setbacks notwithstanding, we are better today than we were 50 years ago, 20 years ago, even a year ago

01.01.2023 80

The Guardian

Robert Reich

Trump, Bankman-Fried and Musk are the monsters of American capitalism

For them, and for everyone who still regards them as heroes, there is no morality in business or economics. The winnings go to the most ruthless

24.12.2022 400

The Guardian

Robert Reich

Is Trump finally politically dead? Sort of

Republican lawmakers know Trump is unpopular – but some feverishly pro-Trump voters have the party in a bind

18.12.2022 100

The Guardian

Robert Reich

The media are rife with hidden agendas. That’s why I choose the Guardian

A great deal of the media are concentrated in the hands of too few people, who are often too attuned to what their corporate owners or political...

13.12.2022 40

The Guardian

Robert Reich

The Fed needs to stop raising interest rates

Interest rate hikes mean that workers and consumers take the hit. Here are other tools to address inflation

12.12.2022 40

The Guardian

Robert Reich

US immigration laws should be enforced with discretion. That’s common sense

Biden ordered officials to focus on deporting immigrants convicted of felonies, rather than undocumented people en masse. I applaud that decision

09.12.2022 20

The Guardian

Robert Reich

The Georgia Senate runoff is a referendum on Trump’s zombie grasp on America

The biggest loser in a Raphael Warnock victory won’t be his Republican rival, Herschel Walker. It will be Donald Trump

06.12.2022 10

The Guardian

Robert Reich

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