Category Archives: Robert Reich

What If Everyone Saw This Clip Of Robert Reich Exposing 7 GOP Lies?

Robert Reich reveals the 7 biggest lies about the economy.

Stay informed my friends.

from Moveon.org

Leave a comment

Filed under 7 lies, deficit reduction, economic growth, Medicare, MoveOn.org, Robert Reich, Social Security, tax cuts

Robert Reich Debunks 6 Big GOP Lies About The Economy

Is Social Security a Ponzi scheme as Republican Presidential candidate Rick Perry claims? Noted author and former U.S. Labor Secretary Robert Reich debunks that claim and five other lies the right-wing tells about taxes, government and the economy.

The lies Reich debunks:
1) Tax cuts to the rich and corporations trickle down to the rest of us. (No it doesn’t and it never has.)

2) If you shrink government you create jobs. (No, you get rid of jobs that way.)

3) High taxes on the rich hurts the economy. (No, the economy grew when the US did this under Eisenhower.)

4) Debt is to be avoided and it is mostly caused by Medicare. (No, if debt is properly used to grow the economy, it becomes a smaller part of the budget because of increased revenue and Medicare has the lowest overhead of any health insurance plan out there.)

5) Social Security is a Ponzi scheme (No, its solid for 26 years. Social Security is solid beyond that if the rich pay the same percentage in social security taxes as the rest of us do.)

6) We need to tax the poor. (This is what Republicans have been proposing when they say any “tax reform” needs to involve all Americans because poor people pay no income tax. The poor have no money and taxing them will not solve our budget problems.)

Reich was speaking at the “Summit For A Fair Economy” in Minneapolis, Minnesota on September 10, 2011.

Posted on Youtube by UpTakeVideo

Leave a comment

Filed under economy, GOP lies, Robert Reich, Social Security, Summit For a Fair Economy, YouTube

The Truth Behind Public Option

Former Labor Secretary Robert Reich explains what a public option for healthcare coverage really means for working people.

Leave a comment

Filed under health care reform, public option, Robert Reich, Sick for profits

How Pharma and Insurance Intend to Kill the Public Option, And What Obama and the Rest of Us Must Do

By Robert Reich
FRIDAY, JUNE 05, 2009

I’ved poked around Washington today, talking with friends on the Hill who confirm the worst: Big Pharma and Big Insurance are gaining ground in their campaign to kill the public option in the emerging health care bill.

You know why, of course. They don’t want a public option that would compete with private insurers and use its bargaining power to negotiate better rates with drug companies. They argue that would be unfair. Unfair? Unfair to give more people better health care at lower cost? To Pharma and Insurance, “unfair” is anything that undermines their profits.

So they’re pulling out all the stops — pushing Democrats and a handful of so-called “moderate” Republicans who say they’re in favor of a public option to support legislation that would include it in name only. One of their proposals is to break up the public option into small pieces under multiple regional third-party administrators that would have little or no bargaining leverage. A second is to give the public option to the states where Big Pharma and Big Insurance can easily buy off legislators and officials, as they’ve been doing for years. A third is bind the public plan to the same rules private insurers have already wangled, thereby making it impossible for the public plan to put competitive pressure on the insurers.

Max Baucus, Chair of Senate Finance (now exactly why does the Senate Finance Committee have so much say over health care?) hasn’t shown his cards but staffers tell me he’s more than happy to sign on to any one of these. But Baucus is waiting for more support from his colleagues, and none of the three proposals has emerged as the leading candidate for those who want to kill the public option without showing they’re killing it. Meanwhile, Ted Kennedy and his staff are still pushing for a full public option, but with Kennedy ailing, he might not be able to round up the votes. (Kennedy’s health committee released a draft of a bill today, which contains the full public option.)

Enter Olympia Snowe. Her move is important, not because she’s Republican (the Senate needs only 51 votes to pass this) but because she’s well-respected and considered non-partisan, and therefore offers some cover to Democrats who may need it. Last night Snowe hosted a private meeting between members and staffers about a new proposal Pharma and Insurance are floating, and apparently she’s already gained the tentative support of several Democrats (including Ron Wyden and Thomas Carper). Under Snowe’s proposal, the public option would kick in years from now, but it would be triggered only if insurance companies fail to bring down healthcare costs and expand coverage in he meantime.

What’s the catch? First, these conditions are likely to be achieved by other pieces of the emerging legislation; for example, computerized records will bring down costs a tad, and a mandate requiring everyone to have coverage will automatically expand coverage. If it ever comes to it, Pharma and Insurance can argue that their mere participation fulfills their part of the bargain, so no public option will need to be triggered. Second, as Pharma and Insurance well know, “years from now” in legislative terms means never. There will never be a better time than now to enact a public option. If it’s not included, in a few years the public’s attention will be elsewhere.

Much the same dynamic is occurring in the House. Two members who had originally supported single payer told me that Pharma and Insurance have launched the same strategy there, and many House members are looking to see what happens in the Senate. Snowe’s “trigger” is already buzzing among members.

All this will be decided within days or weeks. And once those who want to kill the public option without their fingerprints on the murder weapon begin to agree on a proposal — Snowe’s “trigger” or any other — the public option will be very hard to revive. The White House must now insist on a genuine public option. And you, dear reader, must insist as well.

This is it, folks. The concrete is being mixed and about to be poured. And after it’s poured and hardens, universal health care will be with us for years to come in whatever form it now takes. Let your representative and senators know you want a public option without conditions or triggers — one that gives the public insurer bargaining leverage over drug companies, and pushes insurers to do what they’ve promised to do. Don’t wait until the concrete hardens and we’ve lost this battle.

Robert Reich was the nation’s 22nd Secretary of Labor and is a professor at the University of California at Berkeley

Leave a comment

Filed under big Pharma, health care reform, insurance industry, public option, Robert Reich

Rachel Maddow Show: Economic Storm

Robert Reich former Secretary of Labor in the Clinton Administration and a current economic advisor to the Obama campaign talks to Rachel Maddow about the current economic crisis.

Leave a comment

Filed under Barack Obama, John McCain, McCAIN-OMICS, Robert Reich, The Rachel Maddow Show

Rachel Maddow Show: Economic Storm

Robert Reich former Secretary of Labor in the Clinton Administration and a current economic advisor to the Obama campaign talks to Rachel Maddow about the current economic crisis.

Leave a comment

Filed under Barack Obama, John McCain, McCAIN-OMICS, Robert Reich, The Rachel Maddow Show