Robert Reich

Economists Peter Schiff and Robert Reich delivered sharp criticism of President Donald Trump‘s deal with Tehran to reopen the Strait of Hormuz on Monday, slamming the heightened costs and lives lost in the Iran war. Peter Schiff Questions Iran Deal In a post on X, Schiff said that Washington...

Economist Robert Reich slammed Elon Musk-led SpaceX‘s IPO scheduled for Friday, criticizing the event as a “Ponzi scheme” and comparing it with the short-lived Department of Government Efficiency (DOGE). Largest Ponzi Scheme In a post on X on Thursday, Reich shared a link to a...

Economist Robert Reich has criticized Transport Secretary Sean Duffy‘s reality TV show, flagging its funding by transport industry stakeholders, as ordinary Americans continue to pay higher prices for gas. Robert Reich Flags Sponsorships In a post on X on Monday, Reich criticized the...

Economist and former Secretary of Labor Robert Reich on Saturday criticized President Donald Trump‘s approach to the war in Iran, saying that the situation in the Middle East has raised doubts among Trump’s core MAGA supporter base. An Important Lesson In an episode of Reich’s...

It’s been an eventful week, with political figures and economists making headlines. Here’s a quick look at some of the most significant stories that unfolded over the week. Marjorie Taylor Greene Says Trump And JD Vance Are ‘Failing’ So Badly On Inflation Former Rep. ...

Renowned economist and Former Secretary of Labor, Robert Reich highlighted the role of artificial intelligence (AI) in driving stock market gains while jobs and wages stagnate in the real economy. “This is the reason the stock market is completely disconnected from the...

Shares of Palantir Technologies Inc. (NASDAQ:PLTR) rallied 3.68% on Monday, as speculations continued to swirl regarding the company’s possible role in the U.S. operation that led to the capture of Venezuelan President Nicolás Maduro over the weekend. Did Palantir Aid ‘Seamless’...

The reaction to Netflix Inc.'s (NASDAQ:NFLX) $82.7 billion plan to acquire Warner Bros. Discovery, Inc. (NASDAQ:WBD) erupted across Washington and Hollywood on Friday, with lawmakers, unions, producers, and industry veterans warning the merger could reshape — and possibly destabilize — the...

Economist Robert Reich issued a stark warning on Palantir Technologies Inc. (NASDAQ:PLTR), calling the Silicon Valley giant a growing threat to civil liberties as it continues to expand within the federal government. The ‘Most Dangerous Corporation’ In America On Tuesday, Reich, who...

The Trump administration on Thursday finalized its reversal of Biden-era limits on oil and gas development in Alaska, reopening more than 10 million acres of the National Petroleum Reserve in Alaska (NPR-A) to drilling as part of a broader effort to expand domestic energy production. Move To...

Former Secretary of the Treasury Lawrence H. Summers, also known as Larry Summers, described the tariffs imposed by President Donald Trump as the “most expensive and masochistic” move by the U.S., which could roil the economy, erasing trillions of dollars. What Happened: Summers...

Jeff Bezos, founder of Amazon.com Inc. (NASDAQ:AMZN) and owner of the Washington Post, announced Wednesday a significant shift in the newspaper’s opinion section that will prioritize viewpoints supporting free markets and personal liberties. What Happened: In a note shared on X, Bezos wrote...

Former U.S. Secretary of Labor Robert Reich has called out the tax reduction plans of the Donald Trump-led administration in an X post, terming them as an “absolutely shameless giveaway,” that could shoot up the deficit by $4.6 trillion. What Happened: The possible tax cuts for rich...

Beginning on Jan. 20, 2025, a network of powerful billionaires will exert unparalleled influence over the U.S. government, according to former Labor Secretary Robert Reich. He names venture capitalist Peter Thiel as a central figure in what Reich describes as a “billionaire brain trust...

The Department of Government Efficiency aka DOGE, not Dogecoin (CRYPTO: DOGE), which is going to be formed with Elon Musk and Vivek Ramaswamy at the helm, could be a “quid-pro-quo riddled with conflicts of interest,” said the Bill Clinton-era secretary of labor, Robert Reich. What...