rbreich

rbreich , 3 days ago to random

Half of Amazon warehouse workers struggle with food and housing costs.

A third of the workers have had to rely on at least one government assistance program.

Amazon's stock hit an all time high in April. Jeff Bezos is now worth $203 billion.

This is what oligarchy looks like.

rbreich , 4 days ago to random

As SCOTUS continues to delay accountability for Trump in his presidential immunity case, remember that we still don't know who suddenly paid off Justice Brett Kavanaugh’s massive $260K+ credit card debt. Our High Court is compromised, and we need answers.

rbreich , 4 days ago to random

Walmart announced hundreds of layoffs yesterday.

But remember that the company has been hiking prices and raking in big profits.

Its share prices hit a record high in March.

The Walton family's net worth reached $267 billion this year.

Textbook corporate greed.

rbreich , 5 days ago to random

A new DoT rule will require airlines to disclose more fees upfront.

The rule will save passengers $500M a year by making it easier to comparison shop and avoid hidden fees.

Major airlines are up in arms and have sued.

Their power to rip us off is being challenged. About time.

rbreich , 10 days ago to random

Trump continues to vow to his billionaire supporters that he'd extend their tax cuts if reelected.

These cuts have already helped billionaires' grow their fortunes by $2 trillion.

It's crystal clear who Trump works for — and it sure as hell isn't the working class.

rbreich , 10 days ago to random

The CFPB set a rule limiting credit card late fees to save American families ~$10 billion/yr.

The U.S. Chamber of Commerce sued to stop it.

Republicans in Congress are trying to kill it.

The government is tackling junk fees, and corporate interests couldn't be more upset.

rbreich , 10 days ago to random

Corporate profits hit record-highs, yet price hikes won’t stop.

Why?

Well, in 75% of US industries, fewer companies control more of the business than 20 years ago.

Little-to-no competition allows a price gouging free-for-all.

Corporate monopolies get rich, and we pay the tab.

rbreich , 10 days ago to random

Trump asked Big Oil execs to give him $1 billion for his campaign.

He promised lower taxes and a rollback of Biden's climate regulations and clean energy programs in return.

Trump is literally willing to take bribes in exchange for the destruction of the planet.

Be warned.

rbreich , 10 days ago to random

History repeats. It's time to sound the alarm. https://www.youtube.com/watch?v=6o3hJX1ZLmk&utm_source=dlvr.it&utm_medium=mastodon

rbreich , 10 days ago to random

Antisemitism? https://robertreich.substack.com/p/antisemitism?utm_source=dlvr.it&utm_medium=mastodon

rbreich , 11 days ago to random

Ron DeSantis signed a law that prevents municipalities in Florida from requiring that employers provide shade and water breaks for outdoor workers.

A study found that heat-related deaths in FL shot up by 88% between 2019 and 2022.

Folks, this is the GOP's vision for America.

rbreich , 11 days ago to random

The FTC alleges that a major US oil exec colluded with OPEC to cut production and drive up prices.

Research found that Big Oil price fixing may have contributed to 27% of total inflation in 2021.

When I say corporate greed is driving inflation, this is what I mean.

rbreich , 11 days ago to random

Donald Trump has violated the gag order placed on him during his NY trial ten times so far. If he keeps violating it, what should Judge Juan Merchan do?

rbreich , 12 days ago to random

Call me crazy, but maybe presidents who get themselves indicted shouldn't have their criminal trials presided over by judges they themselves appointed.

rbreich , 12 days ago to random

Judge Cannon has postponed Trump's classified documents trial and didn't set a new start date.

The Supreme Court is slow walking Trump's classified documents case, which has delayed his Jan 6 trial.

The federal judiciary is effectively acting like a MAGA campaign arm.

rbreich , 14 days ago to random

Your regular reminder that if not for the Trump and Bush tax cuts, federal revenues would keep pace with federal spending indefinitely.

Instead, these tax cuts have added $10 trillion to the debt.

The so called "party of fiscal responsibility" is full of it.

rbreich , 14 days ago to random

50 major corporations have contributed $23 million to election deniers since the January 6 Capitol attack.

They include AT&T, Comcast, Walmart, and Microsoft.

Corporate America will sell out our democracy, decency, and the rule of law — all for a tax break.

rbreich , 19 days ago to random

The top 0.1% of Americans control $20 trillion in wealth.

The bottom 50% control $3.7 trillion in wealth.

Read that back.

Folks, this is what oligarchy looks like.

rbreich , 20 days ago to random

Trump keeps telling the lie that he's being prosecuted "by Biden."

False.

Four different grand juries, made up of ordinary citizens, voted to indict him after reviewing substantial evidence that he had committed crimes. That's how the criminal justice system works.

rbreich , 25 days ago to random

I'm not saying we shouldn't worry about how China might be using TikTok to steal our data and manipulate us...

But why aren't we at least as worried about the U.S. billionaires who own the other apps stealing our data and trying to manipulate us?

rbreich , 26 days ago to random

Let's be clear. There is no place for antisemitic harassment or violence on campuses or anywhere else. None.

But protesting the slaughter in Gaza is not in itself antisemitic, and having armed police arrest peaceful student demonstrators is never acceptable.

rbreich , 1 month ago to random

I still hear people arguing that prosecuting a former president sets a “dangerous precedent.”

The truly dangerous precedent would be to establish that presidents are above the law.

rbreich , 2 months ago to random

The two richest humans on planet earth have companies fighting in court to dismantle the govt. agency that holds corporations accountable for illegal union busting.

They know they can't stop workers from organizing, so now they want to destroy the whole system.

Pay attention.