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Robert Reich

@rbreich

Berkeley professor, former Secretary of Labor. Co-founder of @inequalitymedia.bsky.social and @imcivicaction.bsky.social. Substack: http://robertreich.substack.com Buy my new book: https://sites.prh.com/reich Visit my website: https://rbreich.com/

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Latest posts by Robert Reich @rbreich

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10.03.2026 20:15 πŸ‘ 919 πŸ” 338 πŸ’¬ 67 πŸ“Œ 21

The Trump administration is gearing up to kick an estimated six million more people off of food assistance programs β€” including nearly two million children.

The move would save just $1 billion a year, while Trump spends upwards of $1 billion per *day* on his new forever war.

Priorities.

10.03.2026 19:31 πŸ‘ 937 πŸ” 443 πŸ’¬ 50 πŸ“Œ 13
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We're spending $1 billion per day on war as millions of working people struggle to get by.

Meanwhile, America's ultra-rich have never been richer.

10.03.2026 14:01 πŸ‘ 4791 πŸ” 1951 πŸ’¬ 193 πŸ“Œ 81
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US military kills 6 in strike on alleged drug boat in the Eastern Pacific The U.S. military says it has killed six men in a strike on an alleged drug-smuggling vessel in the eastern Pacific Ocean as part of the Trump administration’s campaign against alleged traffickers

www.washingtonpost.com/politics/202...

10.03.2026 18:07 πŸ‘ 159 πŸ” 42 πŸ’¬ 10 πŸ“Œ 3

"We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can't have both." –Justice Louis Brandeis

10.03.2026 17:46 πŸ‘ 660 πŸ” 246 πŸ’¬ 13 πŸ“Œ 7

Trump has now conducted 42 boat strikes, killing nearly 160 people.

Remember: no judge or jury has found these boats were trafficking drugs. We're simply taking Trump's word for it.

He’s unilaterally acting as judge, jury, and executioner.

This is a danger to us all.

10.03.2026 17:15 πŸ‘ 4015 πŸ” 1492 πŸ’¬ 185 πŸ“Œ 66

Trump is spending $1 billion a day waging war on Iran. Meanwhile...

Trump's sons are investing in a drone company that could soon receive Pentagon contracts.

And of course Trump's Big Oil donors stand to gain windfall profits as the price of oil skyrockets.

War is a racket.

10.03.2026 16:36 πŸ‘ 1781 πŸ” 699 πŸ’¬ 97 πŸ“Œ 39
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This is how our government has been corrupted:

1) Donors give huge sums to elect politicians
2) Elected officials rewrite rules in donors' favor
3) Donors make huge profit
4) Repeat

We must get big money out of politics. It’s the root of all evil in Washington.

10.03.2026 15:35 πŸ‘ 6606 πŸ” 2892 πŸ’¬ 349 πŸ“Œ 181

Trump's "New Golden Age" for America.

How's it working out for you?

10.03.2026 15:12 πŸ‘ 1465 πŸ” 436 πŸ’¬ 45 πŸ“Œ 10
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We're spending $1 billion per day on war as millions of working people struggle to get by.

Meanwhile, America's ultra-rich have never been richer.

10.03.2026 14:01 πŸ‘ 4791 πŸ” 1951 πŸ’¬ 193 πŸ“Œ 81
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A Trump Order Protected a Weedkiller. And Also a Weapon of War.

Trump signed an EO benefitting Bayer, the makers of cancer-linked weedkiller Roundup and deadly munitions component white phosphorus.

It came after Bayer hired top Trumpworld lobbyist Brian Ballard and spent over $9M last year on federal lobbying.

"Drain the swamp."

09.03.2026 22:55 πŸ‘ 1493 πŸ” 641 πŸ’¬ 64 πŸ“Œ 35

Millionaires stopped paying into Social Security for the rest of 2026 today.

Billionaires stopped paying in on January 1st.

You're going to pay in for 298 more days.

This makes zero sense. The wealthy should pay in all year like the rest of us.

Scrap the cap.

09.03.2026 18:04 πŸ‘ 1163 πŸ” 366 πŸ’¬ 22 πŸ“Œ 15

Unfortunately, Trump’s version of β€œcrushing healthcare” involves historic gutting of Medicaid and pushing health plans with $31,000 deductibles.

09.03.2026 22:13 πŸ‘ 391 πŸ” 74 πŸ’¬ 16 πŸ“Œ 3
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Eric Trump and Donald Trump, Jr. are acquiring a drone company that is seeking to meet Pentagon demand after Trump banned the use of Chinese drones.

We’re barely a week into Trump’s war and already his family has found a way to cash in.

Everything is for sale.

09.03.2026 22:01 πŸ‘ 3205 πŸ” 1402 πŸ’¬ 171 πŸ“Œ 130
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DHS detains US citizen from Evanston at O'Hare, releases her in Wisconsin after nearly 2 days The woman's family said federal agents told them that she was not in custody despite her phone location previously showi

Reminder: DHS is still routinely violating people’s constitutional rights.

Democrats must continue to fight to rein them in.

https://abc7chicago.com/post/sunny-naqvi-us-citizen-detained-dhs-chicago-ohare-airport-sent-broadview-ice-facility-dodge-county-wi-released/18693499/

09.03.2026 21:15 πŸ‘ 996 πŸ” 382 πŸ’¬ 25 πŸ“Œ 13
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'The Military-Industrial Complex Is Winning': While Bombing Iran, Trump Says Weapons Contractors to Boost Production | Common Dreams After meeting with CEOs at the White House, US President Donald Trump said that top military contractors "have agreed t

After slashing SNAP & Medicaid, Trump is using his Iran War to line the pockets of military contractors.

I'm reminded of the words of MLK:

"A nation that continues year after year to spend more money on military defense than on programs of social uplift is approaching spiritual doom."

09.03.2026 20:31 πŸ‘ 1718 πŸ” 556 πŸ’¬ 85 πŸ“Œ 18
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"EXCLUSIVE: I’m the Palestinian Who Has Been in ICE Detention for Almost a Year.

Don't forget us on International Women's Day, writes Leqaa Kordia."

Read here: zeteo.com/p/leqaa-kord...

08.03.2026 17:30 πŸ‘ 751 πŸ” 278 πŸ’¬ 7 πŸ“Œ 7
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9 days in, the most basic question about the Iran war remains unanswered In just over a week, Trump and top administration officials have given at least 17 different responses about why the war began

WE STILL DON'T HAVE A CLEAR ANSWER ON THE MOST BASIC QUESTION ABOUT THE IRAN WAR

WHY did the U.S. go to war?

A Popular Information review of public statements over the last 9 days found 17 DIFFERENT EXPLAINATIONS. Many of which contradict each other.

🧡

09.03.2026 14:03 πŸ‘ 2145 πŸ” 741 πŸ’¬ 104 πŸ“Œ 53

Trump says he won’t sign any other bills until the SAVE Act is passed, which requires voters to show proof of citizenship with expensive documents like passports.

Reminder: noncitizen voting is already illegal and incredibly rare. This is about voter suppression, plain and simple.

09.03.2026 19:45 πŸ‘ 3436 πŸ” 1074 πŸ’¬ 199 πŸ“Œ 49
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Throughout history, waging war has always been part of the authoritarian playbook.

Donald Trump’s war in Iran is the latest example. Watch.

09.03.2026 19:01 πŸ‘ 725 πŸ” 217 πŸ’¬ 25 πŸ“Œ 9

Trump *is* doing debt cancellation.

It's just not your student or medical debts.

In his second term alone, Trump has already canceled $1.5 billion of criminal debt β€” payments fraudsters owe the federal government and victims.

They don't mind debt cancellationβ€”for themselves.

09.03.2026 14:47 πŸ‘ 852 πŸ” 295 πŸ’¬ 11 πŸ“Œ 4

"For the next phase of my career, I look forward to some independence and finding new spaces to share my work in line with my personal goals."

Another CBS News journalist leaving and talking about independence. Bit of a not-so-subtle hint at what's happening over there.

09.03.2026 14:53 πŸ‘ 4181 πŸ” 888 πŸ’¬ 42 πŸ“Œ 0
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At Largest ICE Detention Camp, Staff Bet on Detainee Suicides, AP Reports Camp East Montana has received several 911 calls in the span of five months about immigrants trying to harm themselves.

While Trump is unleashing a war in the Middle East, do not lose sight of the cruelty being inflicted at home by this regime.

https://www.motherjones.com/politics/2026/03/at-largest-ice-detention-camp-staff-bet-on-detainee-suicides-ap-reports/

09.03.2026 18:15 πŸ‘ 1190 πŸ” 529 πŸ’¬ 36 πŸ“Œ 32

When Massachusetts passed a "millionaires tax" in 2023, conservatives claimed the rich would flee.

But two years later, they haven't β€” and MA has collected $5.7B for infrastructure and public education.

A reminder that positive change can still happen at the state level.

09.03.2026 17:29 πŸ‘ 3237 πŸ” 1033 πŸ’¬ 66 πŸ“Œ 45

While we're talking about Live Nation/Ticketmaster's sweetheart antirust settlement, a reminder that it paid ZERO federal income tax last year on $145M in profitsβ€” largely due to Trump's tax cuts.

Trump works on behalf of the most powerful corporations.

Not you.

09.03.2026 17:01 πŸ‘ 1581 πŸ” 531 πŸ’¬ 36 πŸ“Œ 14
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A Brief History of America’s Involvement in Iran - The American Prospect For many younger Americans, this is the first U.S. war in the Middle East. Here’s how we got here.

I'm back from a week off, anything happen while I was away?
Oh yeah, that. Well fortunately Naomi Bethune has supplied for me an entire history of U.S. intervention in Iran. Something to share with your underinformed friends:
prospect.org/2026/03/09/i...

09.03.2026 13:19 πŸ‘ 243 πŸ” 86 πŸ’¬ 6 πŸ“Œ 4
As a result, stablecoins have grown to $300 billion in market value from roughly $20 billion in 2020. The Federal Reserve estimates they could be worth $3 trillion in five years.

Because stablecoins use Treasuries as the primary collateral to create this cashlike safety, cryptocurrencies have effectively flooded into the Treasury market, the central artery of the U.S.-led global financial network. Stablecoin-issuing companies, like Circle and Tether, now hold more Treasury debt than major U.S. government creditors like Saudi Arabia and South Korea.

Some experts fear that the next crypto crash could cascade into major losses for the highly sensitive short-term U.S. debt markets in which Treasuries predominate. The open question for regulators, bankers and the Trump administration is whether the growing centrality of the coins carries more upside or downside risks.

As a result, stablecoins have grown to $300 billion in market value from roughly $20 billion in 2020. The Federal Reserve estimates they could be worth $3 trillion in five years. Because stablecoins use Treasuries as the primary collateral to create this cashlike safety, cryptocurrencies have effectively flooded into the Treasury market, the central artery of the U.S.-led global financial network. Stablecoin-issuing companies, like Circle and Tether, now hold more Treasury debt than major U.S. government creditors like Saudi Arabia and South Korea. Some experts fear that the next crypto crash could cascade into major losses for the highly sensitive short-term U.S. debt markets in which Treasuries predominate. The open question for regulators, bankers and the Trump administration is whether the growing centrality of the coins carries more upside or downside risks.

What could possibly go wrong?

NYT: A Crypto Coin Is Gobbling Up U.S. Treasuries

www.nytimes.com/2026/03/08/b...

08.03.2026 14:28 πŸ‘ 303 πŸ” 94 πŸ’¬ 16 πŸ“Œ 16

Trump's DOJ just gave a slap-on-the-wrist settlement to LiveNation/Ticketmaster.

The deal doesn't break up the ticket monopoly, and comes after its lobbyists boasted about getting the DOJ's antitrust chief fired last month.

Trump's promise to fix a rigged economic system was always baloney.

09.03.2026 16:15 πŸ‘ 1122 πŸ” 377 πŸ’¬ 25 πŸ“Œ 14

So far the war on Iran has cost $9.4 billion.

That's $1 billion per day.

$41,666,667 per hour.

$11,574 per second.

Thousands of lives lost.

People don't want this. They want a living wage. They want healthcare. They want to be able to afford a home. They want their basic needs met.

09.03.2026 15:30 πŸ‘ 15241 πŸ” 5574 πŸ’¬ 660 πŸ“Œ 274
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Office Hours: What the Hell is β€œUnconditional Surrender?” What will Trump demand of Iran to end his war?

Trump announced on Friday that there will be no deal with Iran β€œexcept UNCONDITIONAL SURRENDER!”

What the hell does this mean?

What will Trump demand of Iran for its β€œunconditional surrender?” https://robertreich.substack.com/p/office-hours-whats-unconditional

09.03.2026 14:50 πŸ‘ 620 πŸ” 157 πŸ’¬ 109 πŸ“Œ 12