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robertreich's top posts of all time

By hacker news affinity
robertreich 1268 likes 08 Sep 22
The death of Queen Elizabeth II is not a tragedy. Her life was long and noble, in every sense of the word. That Britain mourns her passing itself signals something special about the relationship between the Brits and their Royal Family. For it is in fact
robertreich 1234 likes 27 Jul 22
Today, the Federal Reserve raised interest rates by three-quarters of a percentage point in order to battle inflation, even as the economy has begun to slow. This follows a quarter-point move in March, another half a point in May, and three-quarters of a point in June. The Fed also
robertreich 1029 likes 09 Aug 22
“Nothing like this has ever happened to a President of the United States before,” Donald Trump raged today after FBI agents searched his Mar-a-Lago home in Palm Beach, Florida and broke open a safe, apparently looking for documents that Trump illegally took from the White House.
robertreich 806 likes 24 Aug 22
Chris Licht, CEO of CNN, phoned me today. He said that the piece I wrote about him and CNN (Tuesday’s substack of which can be found here, and a column I wrote for today’s Guardian, here) was inaccurate and that the sources on which I relied had got it wrong. I told him I’d relay his version to readers. Herewith.
robertreich 764 likes 06 May 22
The April jobs report, just issued by the Bureau of Labor Statistics, showed another solid month of job growth in April, with employers adding 428,000 jobs and the U.S. economy regaining nearly 95 percent of the 22 million jobs lost at the height of COVID-related lockdowns in the spring of 2020. The April survey also showed average hourly earnings 5.5 percent higher than a year earlier, although those gains have been offset by an increase in prices.
robertreich 746 likes 26 Jul 22
If you just received my post “Office Hours: So what if we come apart,” it’s my mistake. I intended to send it out first thing tomorrow. I’m still fiddling with it, so please disregard. (Brain fog? Distraction? Old age? I seem to be more prone to error, although none as yet disastrous.)
robertreich 709 likes 29 May 22
Out of respect for the children and teachers murdered this past week, and in memory of all other Americans who have been slaughtered in gun violence, there will be no caption contest this Sunday. Apologies, but I can’t come up with a suitable drawing. The sorrow and tragedy are too overwhelming. Will try again next week.
robertreich 692 likes 15 Jun 22
The Federal Reserve just raised interest rates by three-quarters of a percentage point, the biggest single increase in interest rates since 1994. It’s another move in the Fed’s effort to tackle the fastest inflation in four decades. I understand the Fed’s urgency, but it has entered dangerous territory. If the Fed continues down this path – as it has signaled it will – the economy will be plunged into a recession. Every time over the last half century the Fed has raised interest rates this much and this quickly, it has caused a recession.
robertreich 599 likes 13 Dec 22
Its interest rate hikes are hurting consumers and workers while bypassing the main source of inflation
robertreich 595 likes 07 Jun 22
Just sent you tomorrow’s Office Hours question, which I intended to go out first thing tomorrow but clicked on the wrong date and time. Sorry! (Some day I’ll figure all this technology out, but that day wasn’t today.) Please pretend you didn’t receive it yet — and open tomorrow, June 8.