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" "Those who argue for "less government" are really arguing for a different government—often one that favors them or their patrons.
Robert Bernard Reich (born June 24, 1946) is an American economist, professor, author, lawyer, and political commentator. He served in the administrations of Presidents Gerald Ford and Jimmy Carter, as well as serving as the United States Secretary of Labor from 1993 to 1997 in the cabinet of President Bill Clinton. He was a member of President Barack Obama's economic transition advisory board.
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The coronavirus has starkly revealed what most of us already knew: The concentration of wealth in America has created a health care system in which the wealthy can buy care others can't. It's also created an education system in which the super-rich can buy admission to college for their children, a political system in which they can buy Congress and the presidency, and a justice system in which they can buy their way out of jail... The system is rigged. But we can fix it... The great divide in American politics isn't between right and left. The underlying contest is between a small minority who have gained power over the system, and the vast majority who have little or none. Forget politics as you've come to see it – as contests between Democrats and Republicans. The real divide is between democracy and oligarchy.
Trump’s lackeys fell in line, expressing the defiance Trump projected in his mug shot. On Newsmax, Sarah Palin called for civil war. Fox’s Laura Ingraham told viewers that Trump’s arrest was proof that government officials are trying to “take them out.” Fox’s Sean Hannity said the Department of Justice will target Republicans “until there’s nothing left of the party.” All brainless bile. Last Thursday, Trump complained that Fox News “purposely show the absolutely worst pictures of me, especially the big ‘orange’ one with my chin pulled way back. They think they are getting away with something, they’re not. Just like 2016 all over again … And then they want me to debate!” Of course he’s angry. For the man who’s all symbol and image and without substance, a photo like the following conveys a brainless buffoon. It must drive him crazy.
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The U.S. economy crashes when it becomes too top heavy because the economy depends on consumer spending to keep it going... For a time, the middle class and poor can keep the economy going nonetheless by borrowing. But, as in 1929 and 2008, debt bubbles eventually burst. We're getting dangerously close. By the first quarter of this year, household debt was at an all-time high of $13.2 trillion.