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" "Trump and his Republican enablers are now reversing regulations put in place to stop Wall Street's excessively risky lending. But Trump's real contributions to the next crash are his sabotage of the Affordable Care Act, rollback of overtime pay, burdens on labor organizing, tax reductions for corporations and the wealthy but not for most workers, cuts in programs for the poor, and proposed cuts in Medicare and Medicaid—all of which put more stress on the paychecks of most Americans.
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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Amid the coronavirus outbreak and financial crisis, older voters are backing Biden. He may be boring but at least he’s familiar and safe. Since 24 February, with the lethal coronavirus spreading around the world, middle-aged and older Americans – not only most vulnerable to the disease but also accounting for most retirement savings – have been fleeing stocks for the relative safety of US government bonds.