Tag: Reich

  • Join Robert Reich for a free live watchalong of The Last Class (Elliot Kirschner and Heather Lofthouse)

    Join Robert Reich for a free live watchalong of The Last Class (Elliot Kirschner and Heather Lofthouse)

    Dear friends,

    The Last Class continues to be shown across the country with people watching it in person, in community, and in theaters. It’s being shown on screens in 47 states and in Canada! By January we will be in all 50 states, thanks to you!

    So, we’re excited to offer a one-time-only live online watchalong of the film — Monday, December 8 at 5:30 pm PT / 8:30 pm ET — with Prof. Reich joining us to speak before and after the film, and provide some commentary while it plays.

    If you haven’t already seen The Last Class, the illuminating film about Robert Reich’s final semester of teaching (or even if you have), gather with friends for this special one-of-a-kind event!

    Sign up for the watchalong now here, or by clicking this orange button:

    Sign Up For The Watchalong Here

    We continue to prioritize in-person screenings, thrilled that the film is bringing people together. Later next year, we plan to offer the film online via “video on demand” and hopefully a streaming service.

    Here’s what you need to know:

    • The watchalong is Monday, December 8 at 5:30 pm PT / 8:30 pm ET.

    • When you sign up you will be added to a special watchalong email list.

    • The morning of Monday, December 8, you will receive an email with a YouTube link.

    • At 5:30 pm PT/ 8:30 pm ET this link will go live with Prof. Reich, Heather, and Elliot.

    • Bob, Heather, and Elliot will offer some live commentary during the film (71 mins).

    • A short Q&A will follow.

    • When the event ends, the link for the film will no longer be watchable.

    • Signing up for the watchalong is FREE. But for those that can afford it, we will offer the opportunity to donate so that the film can be shared more widely.

    Additional information: This is a LIVE event, so there will be no ability to pause or rewind the film while watching, sort of like television was in the olden days. If you sign up within an hour of the start time, your confirmation email will redirect you to the live YouTube link. The RSVP page will close 15 minutes after the film starts (5:45 pm PT), but the YouTube link will be live and accessible the whole time.

    Please share this email or the signup link with others. There is no cap on total viewers and we hope to see as many of you as possible.

    If you want us to answer a specific question about the film during the watchalong, you can start by adding your thoughts to the comments section below.

    Sign Up For The Watchalong Here

    Hope to see you on December 8th,
    Elliot and Heather

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  • Trump’s giant budget-busting, Medicaid-shattering, shafting-the-poor-and-working-class, making-the-rich-even richer bill is a travesty. (Robert Reich)

    Trump’s giant budget-busting, Medicaid-shattering, shafting-the-poor-and-working-class, making-the-rich-even richer bill is a travesty. (Robert Reich)

    Friends,

    One of my objectives in this daily letter is to equip you with the facts you need. As the Senate approaches a vote on Trump’s giant “big beautiful” tax and budget bill, I want to be as clear as possible about it.

    First, it will cost a budget-busting $3.3 trillion. According to new estimates by the nonpartisan Congressional Budget Office, the Senate bill would add at least $3.3 trillion to the already out-of-control national debt over a decade. That’s nearly $1 trillion more than the House-passed version.

    Second, it will cause 11.8 million Americans to lose their health coverage. The Senate version would result in even deeper cuts in federal support for health insurance, and more Americans losing coverage, than the House version. Federal spending on Medicaid, Medicare, and Obamacare would be reduced by more than $1.1 trillion over that period — with more than $1 trillion of those cuts coming from Medicaid alone.

    All told, this will leave 11.8 million more Americans uninsured by 2034.

    Third, it will cut food stamps and other nutrition assistance for lower-income Americans. According to the CBO, the legislation will not only cut Medicaid by about 18 percent, it will cut Supplemental Nutrition Assistance Program (food stamps) by roughly 20 percent. These cuts will constitute the most dramatic reductions in safety net spending in modern U.S. history.

    Fourth, it will overwhelmingly benefit the rich and big corporations. The CBO projects that those in the bottom tenth of the income distribution will end up poorer, while the top tenth will be substantially richer.

    The bill also makes permanent the business tax cuts from the 2017 legislation, further benefiting the largest corporations.

    Finally, it will not help the economy. Trickle-down economics has proven to be a cruel hoax. Over the last 50 years, Congress has passed four major bills that cut taxes: the 1981 Reagan tax cuts; the 2001 and 2003 George W. Bush tax cuts; and the 2017 Trump tax cuts. Each time, the same three arguments were made in favor of the tax cuts: (1) They’d pay for themselves. (2) They’d supercharge economic growth. (3) They’d benefit everyone.

    All have been proven wrong. Here’s what in fact happened:

    (1) Did the tax cuts pay for themselves?

    No. Rather than paying for themselves, the Reagan, Bush, and Trump tax cuts each significantly increased the federal deficit. In total, those tax cuts have added over $10.4 trillion to the federal deficit since 1981 compared to the Congressional Budget Office’s baseline projections.

    (2) Did the tax cuts supercharge economic growth, create millions of jobs, and raise wages?

    Absolutely not. Rather than growing, the economy shrank after passage of the Reagan tax cuts. And unemployment surged to over 10 percent. Following the enactment of the Bush and Trump tax cuts, the economy did grow a bit, but at rates much lower than their supporters predicted.

    (3) Did the tax cuts benefit everyone?

    Heavens, no. Rather than benefiting everyone, the savings from the Reagan, Bush, and Trump tax cuts flowed mainly to the richest Americans. The average tax cut for households in the top 1 percent under the Reagan tax cut ($47,147) was 68 times larger than the average tax cut for middle-class households ($695). The Bush tax cut for households in the top 1 percent was 16 times larger than the average tax cut for the middle class. The 2017 Trump tax cut for households in the top 1 percent was 36 times larger than for middle-class households.

    Summary: If the bill now being considered by the Senate is enacted, 11.8 million Americans will lose their health insurance, millions will fall into poverty, and the national debt will increase by $3.3 trillion, all to provide a major tax cut mainly to the rich and big corporations. There is no justification for this.

    Never before in the history of this nation has such a large redistribution of income been directed upward, for no reason at all. It comes at a time of near-record inequalities of income and wealth.

    What you can do: Call your senators and tell them to vote “no” on this calamitous tax and budget bill. Congressional switchboard: (202) 224-3121.

    Beyond this, help ensure that senators who vote in favor of this monstrosity are booted out of the Senate as soon as they’re up for reelection.

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  • The Last Class with Robert Reich (Inequality Media Civic Action)

    The Last Class with Robert Reich (Inequality Media Civic Action)

    Former Secretary of Labor Robert Reich might be famous for his public service, best-selling books, and viral social media posts, but he always considered teaching his true calling. The Last Class captures a master educator wrestling with the dual realities of his own aging and his students inheriting a world out of balance. Reich confronts the impending finality with unflinching candor, humor, introspection, and a rawness of emotion he has never shared publicly before.

    One thousand students fill the biggest lecture hall on campus—the last class to receive Reich’s wisdom and exhortations not to accept that society has to stay the way it is. His final assignment: Who will be the teachers of tomorrow?

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  • Robert Reich on Zohran Mamdani, The Democratic Party, Inequality, and Trump

    Robert Reich on Zohran Mamdani, The Democratic Party, Inequality, and Trump







    Higher Education Inquirer : “The Economy Is Rigged”: Robert Reich on Zohran Mamdani, The Democratic Party, Inequality, and Trump




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