Rob Reich

Former U.S. labor secretary Robert Reich has criticized Republicans saying their strategy of reducing taxes on the wealthy while cutting social security benefits is cold, hard capitalism for everyone. "Last week, House Republicans again called for slashing Social Security and Medicare. At the same...

Former Labor Secretary Robert Reich has explained how the staggering wealth gap needs to be tackled in order to prevent a collapse of the economy. Reich observed that over the last 40 years, most people’s wages have stagnated while worker productivity has increased. Also Read: How To Invest...

Former Labor Secretary Robert Reich has reiterated his criticism of the idea of raising interest rates saying the central bank’s inflation-fighting measures are hurting lower-wage workers. “Relying on the Fed to raise interest rates puts the burden of fighting inflation mostly on lower-...

Former Labor Secretary Robert Reich believes President Joe Biden’s meeting with House Speaker Kevin McCarthy regarding the debt ceiling crisis was framed as a start of negotiations while the issue should have been non-negotiable. While the President and the...

After former Treasury Secretary Lawrence Summers questioned the House GOP’s intent to end “unnecessary” federal programs, which includes cutting down $80 billion in funding for the Internal Revenue Service (IRS), former Secretary of Labor Robert Reich has also sounded out his...