US 2012: As Santorum and Romney Battle for the Loony Right, the Rest of Us Should Not Gloat

robert-reich

My father was a Republican for the first 78 years of his life. For the last twenty, he’s been a Democrat (he just celebrated his 98th.) What happened? “They lost me,” he says. They’re losing even more Americans now, as the four remaining GOP candidates seek to out-do one another in their race for the [...]

The GOP’s Big Investors

robert-reich

Have you heard of William Dore, Foster Friess, Sheldon Adelson, Harold Simmons, Peter Thiel, or Bruce Kovner? If not, let me introduce them to you. They’re running for the Republican nomination for president. I know, I know. You think Rick Santorum, Newt Gingrich, Ron Paul, and Mitt Romney are running. They are – but only [...]

Why No Responsible Democrat Should Want Newt Gingrich to Get the GOP Nomination

robert reich

Republicans are worried sick about Newt Gingrich’s ascendance, while Democrats are tickled pink. Yet no responsible Democrat should be pleased at the prospect that Gingrich could get the GOP nomination. The future of America is too important to accept even a small risk of a Gingrich presidency. The Republican worry is understandable. “The possibility of [...]

The Wall Street Occupiers and the Democratic Party

robert-reich

Will the Wall Street Occupiers morph into a movement that has as much impact on the Democratic Party as the Tea Party has had on the GOP? Maybe. But there are reasons for doubting it. Tea Partiers have been a mixed blessing for the GOP establishment – a source of new ground troops and energy [...]

The Republicans’ Latest Ploy to Keep the Economy Lousy through Election Day

robert-reich

Whatever shred of doubt you may have harbored about the determination of congressional Republicans to keep the economy in the dumps through Election Day should now be gone. Today, in advance of a key meeting of the Federal Reserve Board’s Open Market Committee to decide what to do about the continuing awful economy and high [...]