robertreich

I don’t know about you, but I’m tired of lawmakers trying to cover their backsides when the Supreme Court justices they voted to confirm turn out as bad as the rest of us thought. Today, senators Susan Collins and Joe Manchin say they feel betrayed by Kavanaugh and Gorsuch who, they say, promised during their confirmation hearings that they’d honor

The 10 revelations of Trump's malice

It's utter rubbish

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

His Sunday post shows he has neither the judgment nor character to manage the platform

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

Another reason for hope

Written 30 years ago

“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.

To tell America the unvarnished truth

My shameful act in the 1960s

And tried to make me into a soufflé

Today's display shows it no longer has any reason for being

Why are so many Americans enthralled with them?

Relying on the Fed to bring down prices is like treating someone’s fever by putting them a freezer. It doesn’t treat the underlying disease, and could make things far worse.

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.

Like other strongmen, he's now accountable to no one

It was framed as the start of negotiations, but the debt ceiling should be non-negotiable.

Out him for breaking the law

Shameless lies

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.

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.)

And every subsequent Friday for 14 weeks

The war on inflation is about to get ugly

They have an overwhelming case

Let me tell you

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.

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.

"Both-sides"ism is rampant. And it's seriously misleading the public.

America's wealthy used to pay taxes to support the nation. Now, they lend it money.

The predations of Musk, Bankman-Fried, and Thiel

An historic ruling

Why America's corporate and financial elites are wrong about the roots of Trumpism and of soaring inequality

His announcement that he's running for president again emitted a tiny whine

Freight railroads have never been as profitable.

Why worker empowerment is good for everyone -- not just the workers

That is, if the rule survives

Its interest rate hikes are hurting consumers and workers while bypassing the main source of inflation

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.

And how his nomination fight was the beginning of the end of civil discourse in Washington