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rbreich.bsky.social
Berkeley professor, former Secretary of Labor. Co-founder of @inequalitymedia.bsky.social and @imcivicaction.bsky.social. Substack: http://robertreich.substack.com | Mastodon: http://masto.ai/@rbreich | LinkTree: linktr.ee/rbreich
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The concentration of wealth in the hands of an elite few isn't just bad for our economy. It's corrosive to our democracy. When the wealthy and well-connected control our political system, the American people don't have a voice. The result is demagoguery and corruption.

Trump's attacks on the USPS aren't new. For decades, the GOP has been trying to privatize the Post Office and other crucial public services — all to pad the profits of their wealthy corporate donors.

Not content with purchasing the presidency, Elon Musk now wants to buy the Wisconsin Supreme Court as well. His PAC just pumped $1M into supporting anti-choice right-wing extremist Brad Schimel. Wisconsin — don't become Musk's latest acquisition! Vote @crawfordforwi.bsky.social.

Just a random reminder that trickle-down economics was invented by conservatives in the 1980s to justify massive tax cuts for the wealthy and corporations. It’s been nothing short of a disaster.

Firing 7000 IRS agents will make it even easier for the rich to get away with skirting what they owe. But it's also a gift to the multi-billion dollar tax prep industry. Fewer IRS agents to help you file your taxes means more money in the pockets of companies like TurboTax.

On this week's Coffee Klatch, we discuss Trump's latest power grabs, the backlash to DOGE's mass firings, and how Democrats should give voice to the public's anger. Plus, former CFPB Director Rohit Chopra joins us to discuss DOGE's attack on the Bureau.

If Democrats want to regain working people, they must disavow Big Money. That starts with banning super PAC donations in Dem primaries. There’s no way the party can speak for the majority of working people in America if it's beholden to corporate interests.

The Trump-Vance-Musk regime is not only undermining democracy in the US. It is laying the foundation for undermining democracies around the world. The emerging battle will be global democracy vs. a global oligarchy. The US is emerging on the side of global oligarchy.

"Government by organized money is just as dangerous as Government by organized mob."  —FDR, 1936

As Trump empowers Russia and the far right, he is laying the foundation for undermining democracies around the world. https://www.theguardian.com/commentisfree/2025/feb/20/trump-musk-oligarchy-russia-far-right

There are basically 5 ways to accumulate a billion dollars: 1) Profiting from a monopoly 2) Insider-trading 3) Political payoffs 4) Fraud 5) Inheritance Don’t believe the self-made myth.

It's no coincidence that Musk's companies are soaring in value as the regulatory agencies that were investigating or suing them are being gutted. The DOGE agenda isn't about "efficiency" — it's about Musk freeing himself from any accountability so he can line his pockets.

If you are experiencing rage and despair about what is happening in America and the world right now because of the Trump-Vance-Musk regime, you are hardly alone. But a groundswell of opposition is growing. https://robertreich.substack.com/p/ten-reasons-for-optimism

The Senate has confirmed Kash Patel, who has published an enemies list identical to Trump's, to serve a 10-year term as FBI Director. He will be a major cog in Trump's vengeance machine to silence and intimidate critics. Be warned. https://robertreich.substack.com/p/kash-patel-in-his-own-words

I'm a huge fan of Dolly Parton. We're the same age and same height, but she can sing better. We also share the same values, including that every child should have the chance to dream big and succeed. Indiana Republicans should reverse these cuts. www.huffpost.com/entry/indian...

Trickle up economics.

The battle of our day is no longer about Democrats versus Republicans or left versus right. The choice right now is democracy or dictatorship. And we're sliding faster than I ever thought possible into the latter. Everyone must choose which side they’re on. Now.

‼️$880 Billion. ‼️ That's how much Republicans want to cut from Medicaid to fund tax breaks for corporations and the wealthy. Economically vulnerable families will feel the brunt of these cuts while the highest earners benefit significantly. www.epi.org/blog/the-hou...

For every $1 the IRS spends auditing the top 1%, it can collect $13. For every $1 the IRS spends auditing the top 0.1%, it can collect $26. Laying off 7,000 IRS employees (during tax season) isn't about efficiency. It's about making it easier for the rich to evade taxes.

🚨 Your House representative is now back home through February 23. That’s where we come in. With Trump and Elon Musk pulling off a billionaire coup in real time, this congressional recess is about turning up the heat like never before. Let’s get to work: indivisi.org/muskorus

The Trump-Vance-Musk regime is not only undermining democracy in the United States. It is also laying the foundation for undermining democracies around the world. And the oligarchy is cheering them on. https://robertreich.substack.com/p/paying-off-putin

Trump handed massive tax cuts to the rich in 2017. Now he's planning even more cuts. How are Trump and MAGA Republicans planning to pay for them? By making it harder for millions of Americans to access Medicaid, food stamps, and other federal programs. Trickle up economics.

Donald Trump has reportedly spent an estimated $10.7 million worth of taxpayer money to play golf since his inauguration. This is happening as Head Start programs have struggled to access previously approved federal funding due to the Trump admin's illegal impoundment. Hello?

DOGE recommended firing workers at: -FDA, which oversees Neuralink -FAA, which oversees SpaceX -USAID, which probed Starlink -CFPB, which oversees Tesla's financing arm and a potential payment platform on X. "Conflict of interest" is a severe understatement.

Trump's latest executive order puts independent agencies — including the FTC, SEC, and NLRB — under his direct control. It's a blatant attempt to shield his corporate donors and his own business from agencies that hold the powerful accountable. This is an alarming power-grab.

10,000 King Soopers workers are currently on strike for better pay and working conditions. Instead of negotiating in good faith, parent company Kroger has been using scabs and prioritized $7.5B in stock buybacks. Don't tell me they can't afford to pay a living wage.

Trump wants Congress to pass the House GOP's version of a budget reconciliation bill that includes massive cuts to Medicaid and SNAP to pay for tax cuts for the rich. The House is on recess, so now would be a great time to call your rep and share your thoughts. (202) 224-3121

Trump’s tariffs are yet another scam — taking a higher percentage out of the paychecks of working people than out of the wealthy. Trump even suggested he would use the revenue to “offset” more tax cuts for the rich and big corporations.

We are witnessing a coup against our democracy.

DOGE recommended firing staff at USDA who were working on the nation's response to bird flu and hundreds of employees working at the National Nuclear Security Administration overseeing our nuclear stockpile. Now the Trump admin is scrambling to hire them back. "Efficiency."

DOGE having access to Americans' Social Security data isn't just a major security breach. It's part of a deliberate ploy to cut benefits — using the false pretext of "waste and fraud" — and have Congress use the savings to give billionaires another giant tax cut. Be warned.

A handful of billionaires now have unprecedented control over banking, the food we eat, our healthcare, and the information we receive. Many are now currying favor with Trump to avoid accountability and maintain their power. This is what oligarchy looks like.

DOGE is attacking federal agencies that protect millions of Americans from financial predators, infectious diseases, natural disasters, and air crashes. Once again: this has nothing to do with making the government "efficient" — and everything to do with who it works for.

Our nation's federal employees are more than just numbers on a spreadsheet. They are vital members of our community. They make our government actually work for people. Remember this.

Federal workers keep this country running, but Trump’s policies are putting jobs and essential services at risk. Share your story: how does your work make our country stronger, and how are these cuts impacting you and your community?

O’MALLEY: “.. At this rate, they will break it. And they will break it fast, and there will be an interruption of benefits.” @washingtonpost.com www.washingtonpost.com/politics/202...

Abolish bank regulators. “Delete” the CFPB & IRS. Gut Social Security and Medicare. The Trump administration’s plots all boil down to the same thing: swindle working people, funnel money to the ultra-rich.

Trump NLRB: -don’t do anything about non-compete clauses -allow all captive audience meetings -generally don’t do anything if you catch firms union busting -no college athlete unions

Egg prices are up 53% compared to last year and the spread of bird flu is a major reason why. How has Trump responded? By letting DOGE fire thousands of federal employees across the CDC, NIH, FDA, and the USDA who could respond to this outbreak.

Trump's 2017 tax cuts benefit the rich—at the cost of working Americans. MAGA Republicans want to extend the tax cuts, but it would hurt the economy & working people even worse than last time. ☎️ Tell your representatives: DO NOT extend the tax cuts! www.epi.org/publication/...

At the behest of Wall Street donors, Congressional Republicans are trying to overturn the CFPB's new rule against predatory overdraft fees. The rule would have capped overdraft charges at $5, saving consumers $5B annually. The GOP is the party of junk fees.

NEW: Trump wants to raise tariffs — and it’s going to come out of your pocket. @rbreich.bsky.social explains how Trump's trade war will hurt American families.