Robert Reich(@RBReich) 's Twitter Profileg
Robert Reich

@RBReich

Berkeley professor, former Secretary of Labor. Co-founder, @InequalityMedia. Substack: https://t.co/U9YAAOMrTQ | Mastodon: https://t.co/WXFjvvEnbx

ID:148529707

linkhttp://linktr.ee/rbreich calendar_today26-05-2010 23:17:10

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Robert Reich(@RBReich) 's Twitter Profile Photo

Reminder that Trump is floating cuts to Social Security and Medicare β€” supposedly to address the debt β€” yet supports extending his tax cuts for the rich, adding $4.6 trillion to the deficit.

This isn't about the debt.

It’s about doing the bidding of his wealthy donors.

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American Economic Liberties Project(@econliberties) 's Twitter Profile Photo

Last week, FTC released evidence of a HUGE price-fixing conspiracy between American oil producers and OPEC, which has driven gas prices sky-high since 2021.

It's shocking how candid Big Oil execs have been about a blatant conspiracy costing consumers billions each year.πŸ‘‡πŸ§΅

Last week, @FTC released evidence of a HUGE price-fixing conspiracy between American oil producers and OPEC, which has driven gas prices sky-high since 2021. It's shocking how candid Big Oil execs have been about a blatant conspiracy costing consumers billions each year.πŸ‘‡πŸ§΅
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Lindsay Owens(@owenslindsay1) 's Twitter Profile Photo

Pioneer CEO that collusion with OPEC to keep energy costs high is looking at a $68 million dollar golden parachute. DOJ must criminally prosecute him and claw this back.

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Robert Reich(@RBReich) 's Twitter Profile Photo

813 US billionaires control a record $5.7 trillion in wealth.

The bottom 50% of Americans control $3.7 trillion in wealth.

When ~800 people control more wealth than half a country’s population, we have a very serious problem.

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Robert Reich(@RBReich) 's Twitter Profile Photo

The Supreme Court is off the rails β€” and it’s only going to get worse unless we fight to reform it.

Here are three key reforms Congress should enact to restore legitimacy to our nation’s highest court.

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Robert Reich(@RBReich) 's Twitter Profile Photo

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 presidential immunity claim, which has delayed his Jan 6 trial.

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

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Robert Reich(@RBReich) 's Twitter Profile Photo

One of the worst parts about flying is all of the added fees.

Bag fees. Fees for seats. Fees to print a boarding pass...it's paper!

But fees are just one of the reasons why flying sucks so much these days. Watch.

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Pepsi's CEO is concerned about consumers being stretched thin, but the company has jacked up prices by double digits SEVEN TIMES in recent years.

The result? Big profit growth. $1 billion spent on stock buybacks. CEO pay of $34 million last year.

Hello?

Pepsi's CEO is concerned about consumers being stretched thin, but the company has jacked up prices by double digits SEVEN TIMES in recent years. The result? Big profit growth. $1 billion spent on stock buybacks. CEO pay of $34 million last year. Hello?
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Robert Reich(@RBReich) 's Twitter Profile Photo

Trump wants to:

Extend his tax cuts β€” which have made billionaires $2 trillion richer

Cut Social Security β€” which working people pay into for a lifetime

Would you like to keep your retirement money? Or would you like to gift it to billionaires?

That is your choice in 2024.

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Robert Reich(@RBReich) 's Twitter Profile Photo

Top media company CEO pay in 2023:

Disney: $31.6M
Warner Bros: $49.7M
Netflix: $49.8M & $40.1M
Comcast: $35.5M
Paramount: $31.3M

Remember when execs claimed they couldn't afford to pay writers and actors more during the WGA/SAG-AFTRA strike?

That was pure fiction.

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I don't know if it's because of the worm eating part of his brain, but RFK Jr has been spreading dangerous, delusional, and bigoted conspiracy theories for years.

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Robert Reich(@RBReich) 's Twitter Profile Photo

A few reminders about Trump's NY Trial:

1) It's not simply about him trying to cover up alleged affairs

2) It's about him allegedly orchestrating an illegal scheme to deprive voters of information

3) He was indicted by a grand jury made up of ordinary citizens, not Biden

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Americans For Tax Fairness(@4TaxFairness) 's Twitter Profile Photo

NEW: Trump Tax Cuts would cost nearly $5 TRILLION

Establishing a national paid leave program: $325 billion

Providing free tuition to community college and expanding Pell grants: $255 billion

Imagine if we invested in working people like the rich want to invest in the rich.

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LCV – League of Conservation Voters 🌎(@LCVoters) 's Twitter Profile Photo

Donald Trump promised Big Oil CEOs that he will gut environmental protections and allow them to pollute at will if they donate $1 billion to his campaign.

There is truly nothing too low for Trump.

He is an existential risk to our planet and communities.

Donald Trump promised Big Oil CEOs that he will gut environmental protections and allow them to pollute at will if they donate $1 billion to his campaign. There is truly nothing too low for Trump. He is an existential risk to our planet and communities. #LCVVF
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Jesse Ferguson(@JesseFFerguson) 's Twitter Profile Photo

Flagging: Speaker Johnson thinks President Trump should have absolute immunity to murder opponents (for example) and continues to support overturning elections if Trump doesn't win.

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Robert Reich(@RBReich) 's Twitter Profile Photo

Apple got crushed for this commercial. It should be getting crushed for stock buybacks too.

Last week, Apple announced the biggest buyback in history at $110B.

In the decade prior, Apple spent 3 TIMES as much on stock buybacks as it did on research and development.

Hello?

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Trump is selling everything to raise money for himself and his campaign:

The Trump Bible

Trump shoes

Trump NFTs

But now, Trump is selling something far, far bigger.

He’s selling the entire world in exchange for Big Oil's support. bit.ly/3yaWL2G

Trump is selling everything to raise money for himself and his campaign: The Trump Bible Trump shoes Trump NFTs But now, Trump is selling something far, far bigger. He’s selling the entire world in exchange for Big Oil's support. bit.ly/3yaWL2G
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Robert Reich(@RBReich) 's Twitter Profile Photo

Corporations say they were forced to raise prices.

But profits increased at a faster rate than costs β€” and hit a record high in 2023.

News flash: Corporations are using inflation as cover to get rich.

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