All Robert Reich
- Debunking the myths: 3 false claims about immigration reform
Many critics of immigration reform claim that opening up pathways for immigrants is unnecessary, will strain an already overburdened government, and take jobs away from native-born Americans. Reich tackles all three 'economic myths.'
- Powerful and unaccountable: NSA – and Wall Street
- Wanted: A national economic strategy for better jobs
Jobs are returning slowly — too slowly — and most of them pay less than the jobs that were lost in the economic recession, Reich argues. The US needs to implement national economic strategies to build good jobs.
- The quiet shutting down of Washington
Conservative Republicans have basically shut Congress down — preventing Obama from implementing tax reform, minimum wage hikes, and background checks on guns, Reich argues.
- Economists are optimistic. They're also wrong.
Economically, we’ve been down so long everything looks up. But we’re still in the doldrums, and the most recent data gives cause for serious worry.
- Bachmann retirement eclipses bigger Congress showdown
Michelle Bachman's retirement is small potatoes relative to the biggest political and economic issue emerging in Congress, Reich writes. The president is nominating judges to fill three crucial DC court of appeals vacancies at once, Reich adds, and he needs Harry Reid's help.
- Apple tax avoidance and the challenge of global capital
Global capital, in the form of multinational corporations as well as very wealthy individuals, is gaining enormous bargaining power over nation states, Reich writes. One way for nations to regain some bargaining leverage over global capital would be to stop racing against one another and join together to set terms for access to their markets.
- Who needs Republicans when Wall Street has Democrats?
Democrats can’t be trusted to control Wall Street, Reich writes. With the help of congressional Democrats, Wall Street is rolling back financial reforms enacted after its near meltdown.
- How corporations pressure government into tax breaks and subsidies
Google, Amazon, Starbucks, every other major corporation, and every big Wall Street bank, are sheltering as much of their US profits abroad as they can, Reich writes, while telling Washington that lower corporate taxes are necessary in order to keep the US 'competitive.'
- The real IRS scandal
The IRS has interpreted our tax laws to allow big corporations and wealthy individuals to make unlimited secret campaign donations through sham political fronts, Reich writes.
- The problem with Obama's second term
President Obama is allowing the controversies that typically arise in a second term dominate his presidency because he has failed to define his core agenda. Is it a grand bargain on the budget deficit, gun control, jobs, or immigration reform? It's hard to tell.
- Military woes: sexual assaults – and nuclear weapons
Sexual assaults in military going up, according to Defense Department study, despite promises to fix the problem. Why is sexual assault such a hard problem for the military?
- How Republicans quietly repeal laws they don't like
Repealing laws by hollowing them out – failing to fund their enforcement or implementation – works because the public doesn’t know it’s happening, Reich writes. Enactment of a law attracts attention; de-funding it doesn’t.
- Cheap Fed money isn't helping the economy
Easy money from the Fed can’t get the economy out of first gear when the rest of government is in reverse, Reich writes.
- Public debt and economic growth
If slow growth makes debt burdens larger, Reich writes, government should be fueling growth through, say, spending more – at least in the short run.
- GDP growth slows: why Washington must repeal the sequester
GDP grew only 2.5 percent in the first quarter. It's evidence that the economy is slowing, the recovery is stalling, and Washington must repeal the sequester, Reich writes.
- Senate balks on gun control. Reasons for the division.
The US Senate failing to pass gun control is a sign that rural, older, white America occupies one land; younger, urban, increasingly non-white America lives in another, Reich writes.
- Boston bombings: A moment of unity amid economic division
The Boston bombings have united Americans, Reich writes, but the country continues to split apart economically.
- Why this is the worst economic recovery on record
We’re now witnessing what happens when all of the economic gains go to the top, and the rest of the population doesn’t have enough purchasing power to keep the economy going.
- Obama budget: Why entitlement cuts are a 'grand bargain' we don't need
President Obama's willingness to negotiate on Social Security – which Democrats have protected from Republican assaults for almost eighty years – doesn’t bode well, Reich writes.