All Robert Reich
- Mitt Romney: A warrior for the wealthy?
MItt Romney represents an unprecedented concentration of wealth and power that’s undermining our economy and destroying our democracy, Reich writes.
- Don't count Romney out
Reich offers four reasons why Mitt Romney could still win the election.
- Grim prospects for Romney and Ryan
The Romney-Ryan ticket continues to lag behind in polls despite bad economic news because Republicans appeal to only one slice of America, Reich writes.
- The Fed can't create jobs all by itself
Low interest rates won’t boost the economy without an expansive fiscal policy that makes up for the timid spending of consumers and businesses, Reich writes.
- Health-care costs shift from employer to employee
Employees increasingly have to choose between health insurance with sky-high premiums or health insurance with expensive co-payments and deductibles, Reich writes.
- Are US credit ratings in trouble again?
Reich writes that Moody's Investors Services may downgrade government bonds if Congress and the White House don’t reach a budget deal before $1.2 trillion in spending cuts and tax increases automatically go into effect.
- The 'heart of our economic dilemma': getting American consumers to spend again
The middle class isn't spending because the values of their homes have plummeted, they've lost much of their savings, and their wages are dropping. Reich argues that Obama has a way to correct this, or at least not make it worse.
- Obama's speech: uplifting but short on specifics
Friday's tepid jobs report is a reminder that there is still a lot to be done to grow the economy. Yet Reich writes that President Obama's convention speech lacked details on how he will address unemployment and economic inequality.
- The week's biggest political news. Nope, not conventions.
Friday's unemployment report will be crucial for both presidential candidates. If the rate of unemployment drops, President Obama’s claim that we’re on the right track gains credibility. But if these numbers are moving in the wrong direction, Romney’s claim that the nation needs a new start may gain traction.
- This Labor Day, inequality abounds
The most troubling trend facing America this Labor Day weekend is the increasing concentration of income, wealth, and political power at the very top.
- Mitt Romney vs fact-checkers: the welfare law dispute
Mitt Romney's campaign continues to claim that Obama removed the work requirement from the welfare law, despite refutations from fact-checkers and respected newspapers.
- George W. Bush is the GOP's real Hurricane Isaac
Hurricane Isaac swung wide of the Republican National Convention, but the storm may score a direct hit in another way: by bringing back unwanted reminders of the George W. Bush presidency.
- Romney's lying machine
Every campaign exaggerates and distorts. But Mitt Romney's campaign has a well-financed machine of distortions behind it.
- Ryan budget is reforming entitlement? No. Destroying it.
Entitlement reform? Forget it. In an era of rampant economic insecurity, Ryan’s destruction of Medicaid, food stamps, social security, and other safety nets would cause American families even greater hardship.
- Romney/Ryan economic plan: Five reasons it's a disaster for America
Mitt Romney calls Paul Ryan's detailed budget plan 'marvelous,' and 'bold.' But it would boost unemployment, lower taxes on the wealthy, and slash infrastructure. Is that the kind of boldness we need?
- Mitt Romney's 13 percent tax rate is shameful
Mitt Romney boasts that he's paid at least 13 percent of his taxes every year. Is that supposed to be a defense?
- Faux populism, and a renewed appeal to the 'hardworking taxpayer'
Paul Ryan has been making a lot of speeches lately extolling the value of small government and lower taxes. But small government under the influence of big money would still be dominated by the interests of high rollers such as Sheldon Anderson and the Koch brothers.
- Will Romney's veep choice help focus the rhetoric on 'big issues?'
There has been a lot of (hopeful) talk in the past week that Romney's choice of Paul Ryan, a so-called "thinker" in the Republican party, will lead to more substantive debate. But Robert Reich thinks Romney’s choice won’t usher in a “real debate” about much of anything.
- When it comes to Medicare, which candidate's plan comes out on top?
President Obama's Affordable Care Act uses its Medicare savings to help children and lower-income Americans afford health care, according to Robert Reich, while the Romney-Ryan plan uses the savings to finance tax cuts for the very wealthy.
- What 'the Ryan choice' means for Romney's evolving platform