Showing posts with label Robert Reich. Show all posts
Showing posts with label Robert Reich. Show all posts

Monday, January 08, 2018

Is He Dumb, Stupid or Is It Cultivated Ignorance? Robert Reich Thinks It's All That - and More.



Robert Reich doesn't dispute that the 45th president of the United States is both stupid and ignorant. He's not as accomplished as he pretends. In fact, he would have done better clipping coupons.  Writing in TruthDig, Reich says Trump is really just an accomplished hustler, a con man.


He knows how to manipulate people. He has an uncanny ability to discover their emotional vulnerabilities – their fears, anxieties, prejudices, and darkest desires – and use them for his own purposes.

To put it another way, Trump is an extraordinarily talented conman.

He’s always been a conman. He conned hundreds of young people and their parents into paying to attend his near worthless Trump University. He conned banks into lending him more money even after he repeatedly failed to pay them. He conned contractors to work for them and then stiffed them.

Granted, during he hasn’t always been a great conman. Had he been, his cons would have paid off.

By his own account, in 1976, when Trump was starting his career, he was worth about $200 million, much of it from his father. Today he says he’s worth some $8 billion. If he’d just put the original $200 million into an index fund and reinvested the dividends, he’d be worth $12 billion today.

But he’s been a great political conman. He conned 62,979,879 Americans to vote for him in November 2016 by getting them to believe his lies about Mexicans, Muslims, African-Americans, Barack Obama, Hillary Clinton, and all the “wonderful,” “beautiful” things he’d do for the people who’d support him.


Not for nothing did I coin the term "Gullibillies" to refer to Trump's then loyal and still loyal supporters. In its colloquialism it may sound pejorative but it's really quite accurate. It's an expression that reflects the combined destructive power of ignorance and naivete. It implies a wholesale abandonment of critical thought in favour of faith- or belief-based thinking sometimes magical thinking. And it is proving to be almost unshakable among Trump's true believers.

Studies show that the Trump legion is the most likely to be harmed by the repeal of the Affordable Care Act, Obamacare. Likewise it is their children who'll be saddled with the 1.5 trillion dollar burden of tax breaks for the ultra-rich financed entirely on government borrowing. They're like the vivisectionist's dog lovingly licking the hand that wields the scalpel. It's stomach-churning to watch.

Reich concludes:

And he’s still conning most of them.
Political conning is Trump’s genius. It’s this genius – when combined with his utter stupidity in every other dimension of his being – that poses the greatest danger to America and the world.


Friday, November 11, 2016

Robert Reich Calls For a What? A "New Democratic Party" Whatever That Is.


During the campaign, Robert Reich urged American progressives to hold their noses and vote for Hillary. He also said that, the day after the election, they should mobilize, perhaps around Bernie Sanders, to create a new progressive movement, one that could challenge both the Republicans and the Democrats in 2020. Well that day has arrived, albeit not with the anticipated outcome, and Robert Reich is still calling for a new progressive movement, something called a "New Democratic Party."


The Democratic Party as it is now constituted has become a giant fundraising machine, too often reflecting the goals and values of the moneyed interests. This must change. The election of 2016 has repudiated it. We need a people’s party — a party capable of organizing and mobilizing Americans in opposition to Donald Trump’s Republican Party, which is about to take over all three branches of the US government. We need a New Democratic Party that will fight against intolerance and widening inequality.

Wealth, power and crony capitalism fit together. Americans know a takeover has occurred, and they blame the establishment for it.

The Democratic Party once represented the working class. But over the last three decades the party has been taken over by Washington-based fundraisers, bundlers, analysts and pollsters who have focused instead on raising campaign money from corporate and Wall Street executives and getting votes from upper-middle-class households in “swing” suburbs.


...They stood by as corporations hammered trade unions, the backbone of the white working class — failing to reform labor laws to impose meaningful penalties on companies that violate them, or help workers form unions with simple up-or-down votes. Partly as a result, union membership sank from 22 percent of all workers when Bill Clinton was elected president to less than 12 percent today, and the working class lost bargaining leverage to get a share of the economy’s gains.

Bill Clinton and Obama also allowed antitrust enforcement to ossify — with the result that large corporations have grown far larger, and major industries more concentrated. The unsurprising result of this combination — more trade, declining unionization and more industry concentration — has been to shift political and economic power to big corporations and the wealthy, and to shaft the working class. This created an opening for Donald Trump’s authoritarian demagoguery, and his presidency.

...The power structure is shocked by the outcome of the 2016 election because it has cut itself off from the lives of most Americans. Perhaps it also doesn’t wish to understand, because that would mean acknowledging its role in enabling the presidency of Donald Trump.

There are valuable lessons in Reich's warnings for our own sitting government. The Liberals have followed in the footsteps of the Democrats. Do you think Trudeau more progressive than Obama? I don't. With just one year under his belt and three more in which to change course, Trudeau has been given an invaluable lesson in what could await him in 2019. 

Monday, May 20, 2013

Robert Reich on Bringing MultiNationals to Heel

Robert Reich argues there's just one way remaining to wrest domination from global capitalism.   We need multinational tax policy to halt the excesses of multinational corporatism.

As global capital becomes ever more powerful, giant corporations are holding governments and citizens up for ransom — eliciting subsidies and tax breaks from countries concerned about their nation’s “competitiveness” — while sheltering their profits in the lowest-tax jurisdictions they can find. 

Major advanced countries — and their citizens — need a comprehensive tax agreement that won’t allow global corporations to get away with this.
Google, Amazon, Starbucks, every other major corporation, and every big Wall Street bank, are sheltering as much of their U.S. profits abroad as they can, while telling Washington that lower corporate taxes are necessary in order to keep the U.S. “competitive.”

 Baloney. The fact is, global corporations have no allegiance to any country; their only objective is to make as much money as possible — and play off one country against another to keep their taxes down and subsidies up, thereby shifting more of the tax burden to ordinary people whose wages are already shrinking because companies are playing workers off against each other. 

Reich warns, however, that rightwing nationalist movements are spreading throughout North America and Europe, thwarting the very prospect of cooperative multinational action and thereby delivering us straight into the hands of multinational, global corporatism.

Saturday, November 10, 2012

America's Virtual Civil War


 Robert Reich sees an America increasingly divided into two distinct camps steadily withdrawing from each other.

It’s almost a civil war. I know families in which close relatives are no longer speaking. A dating service says Democrats won’t even consider going out with Republicans, and vice-versa. My email and twitter feeds contain messages from strangers I wouldn’t share with my granddaughter.

...Maybe it’s that we’re more separated now, geographically and online. 

The town where I grew up in the 1950s was a GOP stronghold, but Henry Wallace, FDR’s left-wing vice president, had retired there quite happily. Our political disagreements then and there didn’t get in the way of our friendships. Or even our families — my father voted Republican and my mother was a Democrat. And we all watched Edward R. Murrow deliver the news, and then, later, Walter Cronkite. Both men were the ultimate arbiters of truth.

But now most of us exist in our own political bubbles, left and right. I live in Berkeley, California – a blue city in a blue state – and rarely stumble across anyone who isn’t a liberal Democrat (the biggest battles here are between the moderate left and the far-left). The TV has hundreds of channels so I can pick what I want to watch and who I want to hear. And everything I read online confirms everything I believe, thanks in part to Google’s convenient algorithms.


That geographic split also means more Americans are represented in Congress by people whose political competition comes from primary challengers – right-wing Republicans in red states and districts, left-wing Democrats in blue states and districts. And this drives those who represent us even further apart.

But I think the degree of venom we’re experiencing has deeper roots.


The nation is becoming browner and blacker. Most children born in California are now minorities. In a few years America as a whole will be a majority of minorities. Meanwhile, women have been gaining economic power. Their median wage hasn’t yet caught up with men, but it’s getting close. And with more women getting college degrees than men, their pay will surely exceed male pay in a few years. At the same time, men without college degrees continue to lose economic ground. Adjusted for inflation, their median wage is lower than it was three decades ago.

In other words, white working-class men have been on the losing end of a huge demographic and economic shift. That’s made them a tinder-box of frustration and anger – eagerly ignited by Fox News, Rush Limbaugh, and other pedlars of petulance, including an increasing number of Republicans who have gained political power by fanning the flames.
 

Not even this degree of divisiveness would have taken root had America preserved the social solidarity we had two generations ago. The Great Depression and World War II reminded us we were all in it together. We had to depend on each other in order to survive. That sense of mutual dependence transcended our disagreements. My father, a “Rockefeller” Republican, strongly supported civil rights and voting rights, Medicare and Medicaid. I remember him saying “we’re all Americans, aren’t we?”

To be sure, we endured 9/11, we’ve gone to war in Iraq and Afghanistan, and we suffered the Great Recession. But these did not not bind us as we were bound together in the Great Depression and World War II. The horror of 9/11 did not touch all of us, and the only sacrifice George W. Bush asked was that we kept shopping. Today’s wars are fought by hired guns – young people who are paid to do the work most of the rest of us don’t want our own children to do. And the Great Recession split us rather than connected us; the rich grew richer, the rest of us, poorer and less secure.


So we come to the end of a bitter election feeling as if we’re two nations rather than one. The challenge – not only for our president and representatives in Washington but for all of us – is to rediscover the public good.


Reich is on solid ground in pointing out the fracturing of America into two camps and within each of those camps itself.   Moderate Republicans fear and often bow to the radical Tea Party contingent stoked from the sidelines by the Limbaugh/FOX brigade and the big money forces.  It took the devastation of Hurricane Sandy to breathe life, however briefly, into the bipartisanship of Obama and Christie, Obama and Bloomberg.

Like it or not, the stresses of the 21st century, climate change foremost among them but still just one, will require great societal cohesion if they're to be met.   America's current and widening 50/50 split may be a formula for disaster for the nation state. 

Saturday, July 30, 2011

Robert Reich - Obama Falling Into Republican's Economic Death Spiral

One of the few, coherent voices on America's political-economic morass has been Robert Reich, the U.C. Berkley public policy professor who earlier served three White House administrations.   Reich has argued that America's disease has been misdiagnosed - deliberately - by the Republicans as debt when the truly fatal affliction is burgeoning inequality and the demise of the middle class.  Now, as Republicans and Democrats wrestle over debt ceilings and deficit cutting, Reich argues Obama has lost sight of the real problems and fallen for the Republicans' narrative:

The only way out of the vicious economic cycle is for government to adopt an expansionary fiscal policy — spending more in the short term in order to make up for the shortfall in consumer demand. This would create jobs, which will put money in peoples’ pockets, which they’d then spend, thereby persuading employers to do more hiring. The consequential job growth will also help reduce the long-term ratio of debt to GDP. It’s a win-win.

This is not rocket science. And it’s not difficult for government to do this — through a new WPA or Civilian Conservation Corps, an infrastructure bank, tax incentives for employers to hire, a two-year payroll tax holiday on the first $20K of income, and partial unemployment benefits for those who have lost part-time jobs.

Yet the parallel universe called Washington is moving in exactly the opposite direction. Republicans are proposing to cut the budget deficit this year and next, which will result in more job losses. And Democrats, from the President on down, seem unable or unwilling to present a bold jobs plan to reverse the vicious cycle of unemployment. Instead, they’re busily playing “I can cut the deficit more than you” — trying to hold their Democratic base by calling for $1 of tax increases (mostly on the wealthy) for every $3 of spending cuts. 

All of this is making the vicious economic cycle worse — and creating a vicious political cycle to accompany it.

As more and more Americans lose faith that their government can do anything to bring back jobs and wages, they are becoming more susceptible to the Republican’s oft-repeated lie that the problem is government — that if we shrink government, jobs will return, wages will rise, and it will be morning in America again. And as Democrats, from the President on down, refuse to talk about jobs and wages, but instead play the deficit-reduction game, they give even more legitimacy to this lie and more momentum to this vicious political cycle.

Saturday, June 18, 2011

Fixing America's Economy In Under 2:15

I know this is beginning to sound like a broken record but, as Robert Reich explains in under 2 minutes, 15 seconds, America's economic future depends on restoring that country's middle class.