Why Are Billionaires Backing Trump? | Robert Reich

  Рет қаралды 198,842

Robert Reich

Robert Reich

4 ай бұрын

Billionaire bank CEO Jamie Dimon says Trump "wasn't wrong” on most major policies. I call BS.

Пікірлер: 2 800
@dvdv8197
@dvdv8197 4 ай бұрын
“This country has socialism for the rich, rugged individualism for the poor." -Martin Luther King, Jr. Still as true as ever today.
@dorrenes.missdthetruthtell5342
@dorrenes.missdthetruthtell5342 4 ай бұрын
Thank you for reminding me.....One Day At A Time ⏲️
@TheBoko7
@TheBoko7 4 ай бұрын
Great words!
@blurglide
@blurglide 4 ай бұрын
And yet you probably think giving the government more power will make this problem better, not worse
@Xeonerable
@Xeonerable 4 ай бұрын
The real reason we lost MLK, not because of equal rights, but because he questioned the whole economic structure. The wealthy in power do not like that.
@yourdaddy-mq4km
@yourdaddy-mq4km 4 ай бұрын
It that why Biden gave Boeing 8 billion, 7billion to gm, 9 trillion to Ford?
@skidmark6348
@skidmark6348 4 ай бұрын
These billionaires would rather destroy our country than pay their fair share.
@markberryhill2715
@markberryhill2715 4 ай бұрын
And sadly the poster child for that is about to get back in the hen house,I mean the White House.
@censorship_cant_stop_truth2
@censorship_cant_stop_truth2 4 ай бұрын
​@@markberryhill2715yeah who cuts taxes for all Americans including the businesses that are the biggest consumers in the country.
@ltdc426
@ltdc426 4 ай бұрын
What’s their fair share? And what makes you think you’re paying YOUR fair share?
@prosperityinmotion7665
@prosperityinmotion7665 4 ай бұрын
They will do it in a NY second if they think they can get away with it.😢
@tracesprite6078
@tracesprite6078 4 ай бұрын
The Patriotic Millionaires are a group that WANT to be taxed so that America can have a peaceful, caring society.
@indyvin
@indyvin 4 ай бұрын
Billionaires have no shame when it comes to promulgating lies for their personal benefit. Stay vigilant Robert. We need your voice.
@steveburke7675
@steveburke7675 4 ай бұрын
...because they prefer to transfer their tax burden to middle class taxpayers. Simple really.
@dorothydoremus8621
@dorothydoremus8621 4 ай бұрын
We need to stop hero worshipping billionaires and start walking back tax cuts, investigating corporate price fixing and "inflation", and hold the FTC accountable for allowing anti trust laws to not be enforced.
@michaeld4861
@michaeld4861 4 ай бұрын
@@artandarchitecture6399 Yeah cause everybody has so much money, that's why everyone lives paycheck to paycheck. And there are definitely no monopolies. Nope. Couldn't possibly be.
@Shini1984
@Shini1984 4 ай бұрын
Inflation should include both stocks and housing because both are a required component in human lives - saving for retirement and having a roof over your head. Housing was actually a part of CPI calculation, till the point when the rich decided to buy up all the houses at 0% interest. And you can't have 0% interest when inflation is high, so just pretend that it's low!
@shawnoliveria8974
@shawnoliveria8974 3 ай бұрын
I wish the democrat party would do exactly that, but since they are owned by the corporations in quid pro quo deals, they can't. They won't, can't and don't want to separate from their buddies, that is why I can't vote for them right now. They are so far from the party of Kennedy that they should change the name.
@Smedley1947
@Smedley1947 3 ай бұрын
I do not now believe nor have I ever believed nor will I ever believe that the current inflation has anything to do with supply and demand. It has to do with the people who have the supply demanding what the hell ever they want largely to make up for any real or imagined losses from the covid epidemic. It's all bullshit. Profit taking is a short-sighted grab for all the cash they can possibly sensing that there is a crash coming. Then they can just sail their Yachts to their Islands. And do electronic Bank transfers to buy caviar and champagne and have it air dropped to their Islands. While the world Burns and cries for food.
@peterg5383
@peterg5383 4 ай бұрын
"Why Are Billionaires Backing Trump?" Because they're greedheads without any moral compass. Next question!
@angelikashipman3260
@angelikashipman3260 4 ай бұрын
they're afraid they're not going to get their tax cuts and actually have to pay REAL taxes like the rest of us
@yourdaddy-mq4km
@yourdaddy-mq4km 4 ай бұрын
Biden gave out billions in corporate welfare.
@odettetenney409
@odettetenney409 4 ай бұрын
SPOT ON..TY...VOTE BLUE 🌊🌊🌊🌊🌊🌊🌊🌊🌊
@MrMarinus18
@MrMarinus18 4 ай бұрын
Most billionares aren't actually backing him though. His craziness is not something they want to deal with. Biden is somewhat their ideal president, who keeps the peace, expands the economy and is predictable.
@censorship_cant_stop_truth2
@censorship_cant_stop_truth2 4 ай бұрын
​@@MrMarinus18"keeps the peace" you mean like starting several new wars and leaving 80 billion in military equipment in Afghanistan just to order more from the military industrial complex.
@jimgriffiths9071
@jimgriffiths9071 4 ай бұрын
As a common pagan, i noticed alot of luxury cabin cuisers showing up in our local harbor shortly after the Trump tax cuts. Oh yeah, they all fly trump flags. But us poor folk still fish on the banks.
@Peter-jo6yu
@Peter-jo6yu 4 ай бұрын
Pagan? 😁
@garyboyer7976
@garyboyer7976 3 ай бұрын
Are the billionaires using religion to chump the Trump supporters? Trumps chumps? Dishonorable Donald traitor Trump.
@kateroth7154
@kateroth7154 4 ай бұрын
Thank God for you. You speak the truth when everyone else mucks up the truth. You are the best, sir. Thank you.
@onjikun
@onjikun 4 ай бұрын
When Jamie Dimon said that Trump "grew the economy quite well," he was talking about his own personal wealth, at the expense of regular Americans.
@Zeus-dw1cx
@Zeus-dw1cx 4 ай бұрын
Republicans never do anything for working class people.
@FRITO.BANDITO
@FRITO.BANDITO 4 ай бұрын
That’s simply your biased opinion
@Zeus-dw1cx
@Zeus-dw1cx 4 ай бұрын
@@FRITO.BANDITO Reality has no Bias
@johnduval482
@johnduval482 4 ай бұрын
@@FRITO.BANDITOfacts have no bias. Distortions have bias
@useyourbrain1539
@useyourbrain1539 4 ай бұрын
Dumb, deaf, or just too biased to look at the facts prior to CCPflu?
@williamgleaton2992
@williamgleaton2992 4 ай бұрын
That's an easy one ,Trump gives huge tax breaks to them.
@donyoung7874
@donyoung7874 4 ай бұрын
In perpetuity.
@yourdaddy-mq4km
@yourdaddy-mq4km 4 ай бұрын
While Biden just gives them money directly in exchange for campaign donations.
@yourdaddy-mq4km
@yourdaddy-mq4km 4 ай бұрын
The democrats just give them money directly.
@yourdaddy-mq4km
@yourdaddy-mq4km 4 ай бұрын
And then receive donations in return.
@jamesnabors3643
@jamesnabors3643 4 ай бұрын
IRS stats showed the middle class was the big winner from Trump tax cuts, but keep drinking that Kool-Aid. Also, a two seconds long investigation into the facts would show that he is only admitting Trump was right about many things. MOST of the things Biden reversed were correct and should have been left alone. Now, this Billionaire does NOT support Trump. He has called for Democrats to get behind Nikki Haley in support of her primary bid. Your Fuhrer is lying to you to get at your limited SIMP funds.
@acook213
@acook213 4 ай бұрын
If I were that rich, I’d want to pay back to the system, not because it’s the nice or right thing to do (even though it is) but because it creates a healthier, more stable society that I would want to live in. In other words, it’s in their self interest for the masses to be doing well… for some bizarre reason, they just don’t see it that way.
@aliannarodriguez1581
@aliannarodriguez1581 Ай бұрын
See the news about the wealthy obtaining citizenship status in second and third countries.
@phantomcruizer
@phantomcruizer 4 ай бұрын
So how come NO ONE is saying any of this in the media now?! Why do they always wait until it’s too late to change people’s minds?!
@mikem683
@mikem683 Ай бұрын
The billionaires own the majority of the media
@aliannarodriguez1581
@aliannarodriguez1581 Ай бұрын
Because any time the media reports unflattering facts about Trump they get screamed at for being partisan and lose half their viewers.
@ChantingInTheDark
@ChantingInTheDark 4 ай бұрын
"Why Are Billionaires Backing Trump?" - SIMPLE, because he gave them a massive tax break. THAT'S why.
@marilynclarke6092
@marilynclarke6092 4 ай бұрын
@ChantinglnTheDark, you're absolutely correct..I remember when Trump was campaigning for the presidency that was one of his promises. As soon as Trump won the office of president, that was his first order of business and he completed that assignment quickly. The rich folk were lining their pockets before the ink could dry on the paper Trump signed. 😱
@DustinHawke
@DustinHawke 4 ай бұрын
A tax break that doubled the deficit immediately and made it even worse when the pandemic hit. Just like Bush's tax cuts made the Great Recession even worse. Imagine if we had remained in surplus and was continually paying down debt when that struck. We wouldn't have ended up with a $1.5 trillion deficit. Maybe $500 billion and we'd be in a much better position to to deal with the crashes the Republican policies cause. Or maybe just quit electing Republicans and not have $1.4 million jobs created over 16 years, and instead elect a Democrat and get that in about 5-6 months. 97% of job creation under the 19 years of Democratic presidencies vs. 3% under 16 years of Republican rule. Hmmm... let's go with the people who crash the economy and it'd take over 160 years to create the 15 million jobs that Biden created in 3 years. Yeah, and let's make sure it's a Russian spy who is convicted of rape and financial fraud. We're so smart for living up Trump's a-hole and trying to make him king.
@Frank-sm9yl
@Frank-sm9yl 4 ай бұрын
No he didn't.
@0bsmith0
@0bsmith0 4 ай бұрын
Yes, he did.
@cesarconh895
@cesarconh895 4 ай бұрын
​@@Frank-sm9yl you are in a cult 😂
@Patrick_Ross
@Patrick_Ross 4 ай бұрын
Get off your asses, people. We have to work hard for the next 9 months to prevent a national catastrophe!
@peterg5383
@peterg5383 4 ай бұрын
What do you suggest? Posting emphatic comments on KZfaq?
@jameschan9634
@jameschan9634 4 ай бұрын
@@peterg5383 he told you: GET OFF YOUR ASS! VOTE!!!!
@eba44
@eba44 4 ай бұрын
@@peterg5383 Damn. 3 people thought your comment was clever! How about helping to get out the vote in some way- any way you can? How about not being a dick, Peter?
@yourdaddy-mq4km
@yourdaddy-mq4km 4 ай бұрын
​@@jameschan9634Exactly. Trump 2024 for president.
@peterg5383
@peterg5383 4 ай бұрын
@@jameschan9634: nope, that's not what OP said. OP said "work hard for the next 9 months." Voting only takes one day. I'm sorry that your reading comprehension failed you.
@juliie007
@juliie007 4 ай бұрын
Martin Luther King, Jr. & Edmund Burke both stated that “The ultimate tragedy is not the oppression and cruelty by the bad people but the silence over that by the good people.” Jamie Dimon is a good example and so many others that have turned away from the rule of law.
@janking2762
@janking2762 4 ай бұрын
It’s all about them and the money. Morals and ethics are absent.
@jreed1701d
@jreed1701d 4 ай бұрын
It's not "The United States of America".... it's actually "The United Corporations in America"
@Hirnlego999
@Hirnlego999 4 ай бұрын
The best democracy money can buy But one needs to remember that they don't do voter suppression for nothing. Organize - and vote!
@jamesnabors3643
@jamesnabors3643 4 ай бұрын
Well Dimon is calling for Democrats to fund Nikki Haley's campaign. Robert won't tell you that, because it doesn't fit his agenda. But EVERY Reich post is a lie of omission. Dimon CORRECTLY acknowledged the simple facts that Bidenomics sucks, and Trump had it right. The number of people lifted off welfare due to increased earnings, prior to the Chinese bioweapon and treasonous Democrat lockdowns, combined with the best recovery of any nation in spite of Democrat obstruction prove that. If you cannot see it, then it says a lot about you.
@wthomas5697
@wthomas5697 4 ай бұрын
I built homes in silicon valley for 30 years. Two of the billionaires I know quite well are for trump. He's better for their bottom line. In other words, it's the tax breaks.
@humboldthammer
@humboldthammer 4 ай бұрын
Trump 2016: "You're a rich guy, and you're gonna vote for me, because if you don't, you're gonna be so god damned poor, it will make your head spin, like Linda Blair's in "The Exorcist." "
@yourdaddy-mq4km
@yourdaddy-mq4km 4 ай бұрын
​@@humboldthammerI guess he didn't account for Biden giving out billions the largest corporations in America while keeping the tax cuts.
@Here4TheHeckOfIt
@Here4TheHeckOfIt 4 ай бұрын
Yup. Trump's tax breaks were even bigger than W's.
@scoobydoo3928
@scoobydoo3928 4 ай бұрын
Short term greed. Long term destabilization. Rich people don't care.
@apenza4304
@apenza4304 4 ай бұрын
⁠@@Here4TheHeckOfIt And trump raised the national debt even more than Bush.
@elliottharris9015
@elliottharris9015 4 ай бұрын
I remember when walked off the interview with 60 minutes because I didn't have an answer, lol.
@thenoseknows9391
@thenoseknows9391 4 ай бұрын
My brother in law was a branch manager for Chase, he said Jamie would come to the meetings and curse everyone out for nothing, even though the bank was making money hand over fist 💯😡🤮 he always said they weren't doing enough to make more money 😡🤮 he said that was one of the reasons he QUIT 💯💯👍🏽👍🏽
@01splitpea
@01splitpea 4 ай бұрын
Diamond has a shameless addiction to filthy lucre, as do most wealthy. Money is not the problem. The addiction is. He and other wealthy will bring our democracy crumbling down around our heads. You said it well, "This is how fascism takes root and spreads." Thank you for this video.
@eba44
@eba44 4 ай бұрын
Because it's never, ever enough.
@michaelfoxbrass
@michaelfoxbrass 4 ай бұрын
It’s probably an “autocorrect” error, but “Jamie Diamond” or perhaps “Diamond Jamie Dimon” is more accurate than just Jamie Dimon!
@markberryhill2715
@markberryhill2715 4 ай бұрын
JD. played a big part in the 2008 collapse that almost brought the house of cards down.
@katieking8830
@katieking8830 4 ай бұрын
Yes, just like Russia and their oligarchs!
@katieking8830
@katieking8830 4 ай бұрын
@@markberryhill2715Precisely correct! Took 10 years for We the little guy to get our meager stocks back in order!
@BrutallyHonestRevs
@BrutallyHonestRevs 4 ай бұрын
I've never met an honest billionaire who made their money through hard work and dedication and instead made it through tax loopholes and exploiting the poor.
@Detrumpificator4377
@Detrumpificator4377 4 ай бұрын
Chuck Feeney is the only example of that, that I know of but never met. I wish he was the norm not the extreme exception.
@ronblack7870
@ronblack7870 4 ай бұрын
you have met many billionaires ? wow i never met even a multimillionaire and i'm 63
@HepCatJack
@HepCatJack 4 ай бұрын
How many Billionaires have you met ?
@nickiemcnichols5397
@nickiemcnichols5397 4 ай бұрын
I’m 72 and I’ve only met two millionaires lately. She made hers the honest way, long hard hours and savvy. The other one I met made his money off the backs of poor workers.
@jakemccoy
@jakemccoy 4 ай бұрын
Whose work really is worth several billion? You cannot make that much without unethically riding on others’ backs.
@kellykimball2099
@kellykimball2099 4 ай бұрын
Greed, Greed, and more Greed!
@girldaddividendinvestor
@girldaddividendinvestor 4 ай бұрын
Wow. Dimon sounded like a complete dolt. 😭😊
@corpr8dystopia778
@corpr8dystopia778 4 ай бұрын
Like Biden sounds any better, dude is incoherent orbiting around in diapers 😂
@user-player2727
@user-player2727 4 ай бұрын
We need to make them afraid to say this shit
@nsbd90now
@nsbd90now 4 ай бұрын
He isn't even remotely a dolt. He's a fascist and a person of bad character.
@Jacob-ed1bl
@Jacob-ed1bl 4 ай бұрын
​@corpr8dystopia778 It's crazy how you're totally oblivious to Trumps insane incoherent ramblings. Even Biden sounds brilliant and perfectly fine compared to Trump lately. I highly suggest you leave that delusional losing cult! On a positive did you hear how the Biden economy is a huge success and breaking records!
@BreakingGaia
@BreakingGaia 4 ай бұрын
​@@corpr8dystopia778 Still getting stuff done, which is more than can be said for stinky whiny small hands man.
@conrioakfield414
@conrioakfield414 4 ай бұрын
Of course a wealthy corporate leader is going to support a corporate dystopia.
@jamesnabors3643
@jamesnabors3643 4 ай бұрын
Lie of omission. He rightly identified that the Trump economy was better than the Biden economy. He runs a bank. He can see how he and others are doing. It is called reality. That is different from supporting Trump. He called for Democrats to support Nikki Haley's Republican Primary campaign and she is getting a lot of money from Democrats.
@timmarshall7292
@timmarshall7292 4 ай бұрын
Any kind of search will show that the Corporate Democratic Party gets as much or more support from $Billionaire$ and Wall $treet than the Republican Party.
@shawnoliveria8974
@shawnoliveria8974 3 ай бұрын
That is why most large corporations are in the back pocket of the democrat party, they are joined at the hip.
@hezigler
@hezigler 4 ай бұрын
"We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can't have both." Louis D. Brandeis
@andyhoster3902
@andyhoster3902 4 ай бұрын
The part where he went from Reality to Fantasy (the Billionaire, that is), was when he equated "The Economy" with "I, personally, made a LOT more money."
@greglamm5986
@greglamm5986 4 ай бұрын
The utter lack of leadership and personal courage is to me, the most depressing thing about Trumpism. I hope that historians will record every person who could have stood up and said or done something but didn't. Evil flourishes when good men do nothing.
@onlinecitizen3266
@onlinecitizen3266 4 ай бұрын
If they do nothing they are not good men. They are at best cowards, at worst evil, self-interested opportunists.
@karlabritfeld7104
@karlabritfeld7104 4 ай бұрын
We are rapidly declining while the rest of the world watches.
@Here4TheHeckOfIt
@Here4TheHeckOfIt 4 ай бұрын
Exactly. Matches another historical event that could've been stopped, but the rot was too deep.
@timakey4678
@timakey4678 4 ай бұрын
Good men don’t do nothing. Good men act in the best interests of all. But we have built a society where there are no good men in positions of power. In our country the paths to power require duplicity, hubris, corruption, propaganda, and prejudice. This (it seems to me anyway) is a common denominator in the fall of every empire in the history of human kind. It isn’t that a majority of the population goes rouge. It is that all paths to power require a corrupt character which eliminates good men from trying, or utterly corrupts them along the way. It seems to be the ultimate fate of every empire. I think ours may have reached the end of its lifespan.
@warrendoris9669
@warrendoris9669 4 ай бұрын
​@@timakey4678Sad but absolutely true.
@caroljackson9363
@caroljackson9363 4 ай бұрын
We need to boycott these big corporations, they’re not for the people just themselves
@theparadoxicaltouristtrave9320
@theparadoxicaltouristtrave9320 4 ай бұрын
How I wish I could afford to research which 12$ toilet paper is not helping corporations.
@OKOKOKOKOKOKOK-zn2fy
@OKOKOKOKOKOKOK-zn2fy 4 ай бұрын
@@theparadoxicaltouristtrave9320 Work collectively and make those investigations one at a time. A million people analyzing a million products. It would take one Sunday afternoon if we work together. If the embargos start to make an effect, corporations will campaign for shoppers.
@AtomicBuffalo
@AtomicBuffalo 4 ай бұрын
We are mostly beyond the ability to reform through boycotts. Political action to tax fairly and regulate for the benefit of consumers and workers is necessary.
@Here4TheHeckOfIt
@Here4TheHeckOfIt 4 ай бұрын
​@@AtomicBuffalo Boycotts are very effective
@OKOKOKOKOKOKOK-zn2fy
@OKOKOKOKOKOKOK-zn2fy 4 ай бұрын
@@AtomicBuffalo Ask Bud Lite about the effectiveness of boycotts. I'll wait.
@darkhorseman8263
@darkhorseman8263 4 ай бұрын
Look at his Hedoic reward response to deceptive behaviour. When he is smiling he is lying.
@rangerider4288
@rangerider4288 4 ай бұрын
"Sure, the BBQ is tasty, even when you put a flamethrower to the chicken shed"? What a _jag-off!_
@enricogattone432
@enricogattone432 4 ай бұрын
"Let's take a step back and BE HONEST" 🤔 To a billionaire? That's wishful thinking 😂
@yourdaddy-mq4km
@yourdaddy-mq4km 4 ай бұрын
"Let's be honest" while supporting the war in Ukraine doesn't match up 😂.
@enricogattone432
@enricogattone432 4 ай бұрын
@@yourdaddy-mq4km and now an honest bloke would explain why... With facts, or quasi-logical opinions, at least. So, you can feel off the hook, no worries
@antred11
@antred11 4 ай бұрын
@@yourdaddy-mq4km What exactly is not honest about honoring the U.S.'s commitment to the Budapest Memorandum of 1994, in which the U.S. gave Ukraine SECURITY GUARANTEES, in exchange for Ukraine giving up any nuclear weapons in its possession at that time? Are you saying you want the word of America to mean nothing? Are you saying its wrong to help a country defend itself from a brutal war of conquest?
@brucebasile5083
@brucebasile5083 4 ай бұрын
@@yourdaddy-mq4km You're not fooling anyone Zachoff with this user name. I've exposed you as a corporate bootlicker long ago. It's over for you. Move along.
@yourdaddy-mq4km
@yourdaddy-mq4km 4 ай бұрын
@@antred11 the part where hundreds of thousands of people died just so Russia could take exactly what they wanted in the first place.
@theparadoxicaltouristtrave9320
@theparadoxicaltouristtrave9320 4 ай бұрын
Or he says, "as long as I get my tax cut, the world can burn."
@sarathompson9807
@sarathompson9807 4 ай бұрын
Keep spreading The Truths! Bravo, sir!!!
@slipstreamvids7422
@slipstreamvids7422 4 ай бұрын
My take is that conservatism today is essentially a study in short term thinking coupled with instant gratification. These scions have been so focused on market variables and quarterly statements for do long that they have no grasp whatsoever on the greater good of long term growth and stability. Nothing in their notes speaks to the next generation. Its all for me, right here right now.
@JustWasted3HoursHere
@JustWasted3HoursHere 4 ай бұрын
The problem is, Trump keeps saying his economy was the best we ever had and people don't challenge him on that, least of all right wing media. He has the country believing that the economy is doing poorly when by most measurements it is doing great (way better than under Trump).
@elliowb2
@elliowb2 4 ай бұрын
I agree. I'm astounded by the rampant ignorance of our fellow citizens. It will be the undoing of our democracy.
@JimKoonz
@JimKoonz 4 ай бұрын
Gas costs more, food costs more, interest rates are higher, inflation is higher, credit card debt at an all time high and 34 TRILLION in debt! Where exactly is Bidenomics working? Not seeing too many Build Back Better hats being worn!
@ElBandito
@ElBandito 4 ай бұрын
@@JimKoonz Gas is costing less, if you calculate annual inflation. Learn to math. Latest surveys have most participants agreeing that their personal lives are better off than 4 years ago.
@victoriamcdonald3397
@victoriamcdonald3397 4 ай бұрын
Absolutely and it is sickening
@Richard-od7yd
@Richard-od7yd 4 ай бұрын
" A lie travels a mile before the truth gets it's shoes on "
@OKOKOKOKOKOKOK-zn2fy
@OKOKOKOKOKOKOK-zn2fy 4 ай бұрын
I think that massive tax cut for the super-rich and corporations had something to do with their approval.
@jackfenton2271
@jackfenton2271 4 ай бұрын
Never forget; America bailed out Jamie Dimon & JPMorgan
@lornygonzalez2828
@lornygonzalez2828 4 ай бұрын
Thank you Robert, for bringing up the real truth! God bless you!
@takkmoran9770
@takkmoran9770 4 ай бұрын
It is, as stands now, a zero sum game. The more wealthy the top 1% become, the worse off the rest of us are.
@theparadoxicaltouristtrave9320
@theparadoxicaltouristtrave9320 4 ай бұрын
Really, it's not true. After the first billion there us no benefit. The stability, scientific progress, and ability to like the mirror person are wins for the 1%
@Here4TheHeckOfIt
@Here4TheHeckOfIt 4 ай бұрын
​@@theparadoxicaltouristtrave9320 That's not what the OP is talking about
@takkmoran9770
@takkmoran9770 4 ай бұрын
@@theparadoxicaltouristtrave9320 Believe what you want, that's your choice. I say that on any given day, there's a given number of people to divide up a given amount of wealth. Tomorrow, even discounting inflation, there will be more wealth, but also more people. The ratio will remain fairly constant. So, basically, the greater the percentage of the wealth the top 1% absorbs, the less there is for everyone else.
@itsoktobehappy461
@itsoktobehappy461 4 ай бұрын
Im not so sure about that. The rich spend very little on personal consumption. Most of their wealth is reinvested back into the economy which allows innovation and infrastructure to build improving standard of living for society. Poor people spend nearly all their money on consumption and nothing improves.
@HarpMuse
@HarpMuse 4 ай бұрын
@@itsoktobehappy461 Poor people don't have the resources to reinvest into the economy. And without the poor people to do the work, the rich wouldn't be able to reinvest back into the economy.
@jkarnes45
@jkarnes45 4 ай бұрын
Thank you Robert for your service. My question is why would any greedy billionaire not be a Trump fan and why would any non-millionaire be a Trump fan. These people didn't get that rich because of their kindness, decency and humanity and the poor are always going to be poorer as long as they keep electing Republicans, especially if it's a dictator for life.
@TerryComo2010
@TerryComo2010 4 ай бұрын
So true. Too bad it will never be believed by the deplorables.
@gusposey8218
@gusposey8218 4 ай бұрын
As people's wealth increases, so does their character erode.
@orangeofmars2835
@orangeofmars2835 4 ай бұрын
Good points. Our Budget Deficit Problems are directly related back to G. W. Bush tax cuts. Trump did it again in 2018 and now is promising to do it again.
@humboldthammer
@humboldthammer 4 ай бұрын
Borrow + Bomb = the False Profit we still follow since 2001. Borrow $34 Trillion / Blow it ALL up = Peace and Prosperity if you divide by zero. Great Re-Set on September 23rd 2026. That's when THEY unveil (apocalypse) the NEON GAUD. But first, Albert Pike's WW 3: God vs God (IS I vs I AM). Epochal Eclipse April 8h 2024. Matthew 16: 4 Jonah 3: 5, 8
@yourdaddy-mq4km
@yourdaddy-mq4km 4 ай бұрын
If that was true why didn't the democrats hike taxes?
@davidwilliams4498
@davidwilliams4498 4 ай бұрын
Yeah all the way back to Reaganomics big corp wall st greed takeover of the 80s. I'm surely old enough to remember an my job was affected by that greed.
@paullangley6280
@paullangley6280 4 ай бұрын
Well if you cut taxes and blow up the deficit then it allows you to say we have to cut government spending. And when you cut government spending, that leaves more room for corporations to exploit new sectors. Which is a win/win for corporate donors.
@nancy.dave.williams
@nancy.dave.williams 4 ай бұрын
Your deficit is directly linked to the wealthy who think you should pay for it. Not them
@user-hd1kl5my8r
@user-hd1kl5my8r 4 ай бұрын
Robert I'm disabled and 62 ... This is a living nightmare.. I cannot believe, American people are going down this road. My God Man .🤠
@jimloth6091
@jimloth6091 4 ай бұрын
Even worse, going down this road - AGAIN!
@jcampbell2481
@jcampbell2481 4 ай бұрын
Your only hope is vote Democrat, vote Democrat, vote Democrat. Tell everyone to vote Democrat!
@jamesnabors3643
@jamesnabors3643 4 ай бұрын
Oh, so sorry for you. You have my sympathies. Be sure to vote in your own best interests this time. Biden is cutting Medicare Advantage so he can give more to illegal aliens. He already cut care to Vets so the VA can service illegal aliens. Biden's health advisor is on record stating that people over 75 years old have no reason to live. Bill Gates just completed a world tour a few months back pushing death squads for expensive patients in a bid to reduce costs of socialized medicine. Biden's buddies at the WEF, you know, where he stole his Build Back Better slogan from, want to reduce the global population by 2/3. Those oligarchs of Davos own the Democrat and globalist RINO politicians, so your prospects do not look good.
@mgreg8134
@mgreg8134 4 ай бұрын
Tax reform worked for the uber rich, his economic was 1% over four years Immigration actually increased in 2018.
@friendlyskies3109
@friendlyskies3109 4 ай бұрын
Thank you for your decades of pursuing and reporting on the truth.
@katieking8830
@katieking8830 4 ай бұрын
Billionaire Dimond can go anywhere or do anything; however, We regular people can’t! Vote these glutinous billionaires, GOP out of office! They need to pay their fair share in taxes; we know exactly why they are for Repugs!
@guregorihattofirudo2627
@guregorihattofirudo2627 4 ай бұрын
These CEOs want everyone’s deference. Under the Trump we won’t be allowed to speak ill of our masters, just serve and take what they are offering.
@friendlyfire7861
@friendlyfire7861 4 ай бұрын
That's what Dems do now, dude. The suck up to Leftists who will destroy them after they have served their purpose. You sound like one such stooge.
@youcantno3963
@youcantno3963 4 ай бұрын
The Dominionist dream. Beware….
@stevekluesner4430
@stevekluesner4430 4 ай бұрын
That whole thing in the "townhall" (people were probably scrutinized so thoroughly they all had to wear "stay in line or else underwear) with Sean Hannity was some kind of a pitiful "joke" the question to be asked would be ; is there any circumstance &/or point at which you would not go about acting as though you are &/or want to be a (the) dictator ¿?
@friendlyfire7861
@friendlyfire7861 4 ай бұрын
@@stevekluesner4430 That would be about the least effective question possible. It's not barely understandable after two readings. Maybe ok for a lawyer, but people hate that sheet. But as for the crowd--you may never have seen him in press conferences, but he stood up to a more hostile set of reporters, for longer, answering more questions, than any other president. He can take it like a hero. You guys, you guys... if you can't admit it to yourselves...
@leonardcampbell5990
@leonardcampbell5990 3 ай бұрын
Nothing but facts, god bless you for telling the truth
@JasonSmith-lp6wg
@JasonSmith-lp6wg 4 ай бұрын
I, once, read that corporatism is one step removed from Fascism, which is what we're seeing.
@rusmct1404
@rusmct1404 4 ай бұрын
Mr. Reich always has our ( we the people ) best interests at heart. Thank you sir. ❤❤❤
@yourdaddy-mq4km
@yourdaddy-mq4km 4 ай бұрын
Then why is he lying about Trump?
@ritatice6044
@ritatice6044 4 ай бұрын
What lies?@@yourdaddy-mq4km
@AllDogsAreGoodDogs
@AllDogsAreGoodDogs 4 ай бұрын
​@@yourdaddy-mq4kmThe liar is you.
@marianlassettre
@marianlassettre 4 ай бұрын
@@yourdaddy-mq4km He isn't.
@eddyb1596
@eddyb1596 4 ай бұрын
​@@yourdaddy-mq4kmwhich part is a lie? How is any of what he just said false, inaccurate, or dishonest? Are you capable of coherently articulating your position or are you just too blinded by BS to see the truth?
@TihetrisWeathersby
@TihetrisWeathersby 4 ай бұрын
The Rich will stand by there own
@yourdaddy-mq4km
@yourdaddy-mq4km 4 ай бұрын
Is that why Zuckerberg and gates support the Democrats?
@Here4TheHeckOfIt
@Here4TheHeckOfIt 4 ай бұрын
The rich stand only for themselves and no one else.
@g.c.v.8329
@g.c.v.8329 3 ай бұрын
Excellent comment. Robert. Congratulations.
@Queenie-the-genie
@Queenie-the-genie 4 ай бұрын
Thank you for your tireless work Mr. Reich. 🩵You are a true hero.🩵
@franciscosaldana2879
@franciscosaldana2879 4 ай бұрын
Thanks for putting the right information out professor Reich, somebody like you who understands the complexities of the economy.
@lauralafauve5520
@lauralafauve5520 4 ай бұрын
#MedicareForAllAmericans. Healthcare is a human right.
@peterg5383
@peterg5383 4 ай бұрын
Yes, "Medocare" for "Amerinans"
@lauralafauve5520
@lauralafauve5520 4 ай бұрын
@@peterg5383 you can scoff, or you can do something. Why be a zero when you could be a hero?
@peterg5383
@peterg5383 4 ай бұрын
@@lauralafauve5520: you can proofread, or you can post nonsense. Why be a zero when you could be a hero?
@lauralafauve5520
@lauralafauve5520 4 ай бұрын
@@peterg5383 I have damage to my eyes and brain. It makes writing and proofreading quite difficult. I choose to do what I can, as badly proofed as it may be. What are you doing?
@lauralafauve5520
@lauralafauve5520 4 ай бұрын
@@peterg5383 thank you for pointing out my errors.
@NotoriousRKB
@NotoriousRKB 4 ай бұрын
its because they can fleece the middle class even more so then they do now without any oversight
@humboldthammer
@humboldthammer 4 ай бұрын
The ewes in the pews are the easiest to fool. One "Amen" is all it takes.
@garycobe3472
@garycobe3472 4 ай бұрын
Maybe time to stop using J.P Morgan Chase as our bank!!!!
@peterjones6640
@peterjones6640 4 ай бұрын
Why? Because they are expecting something in return, like big tax breaks or no tax at all. The other 99% of people can just lump it.
@erinbrooks4149
@erinbrooks4149 4 ай бұрын
Thank you Robert Reich for exposing the lies
@yourdaddy-mq4km
@yourdaddy-mq4km 4 ай бұрын
Reich is the one lying. The tax cuts are paying for itself, Trumps spending was the same as Democrats except he actually got stuff done, and NATO are warmongers.
@yourdaddy-mq4km
@yourdaddy-mq4km 4 ай бұрын
Reich is the one lying.
@jamesnabors3643
@jamesnabors3643 4 ай бұрын
Robert is lying to you. Yes, Dimon admitted that Trump was right on the economy. Because he can see what numerous people are and are not earning or borrowing in his field. BUT he is not supporting Trump. He simply is not mentally ill enough to deny bald-faced FACTS. Dimon called for Democrats to support Nikki Haley's Republican primary campaign AGAINST Trump. And many have followed his advice. That doesn't sound like a Trump supporter to me. Just a realist who knows that Traitor Joe SUCKS. And so do his puppeteers. Eww, considering what he does in his pants in the presence of REAL world leaders, that is not a pleasant mental image... Where the puppet master's hand goes.
@timmarshall7292
@timmarshall7292 4 ай бұрын
Any kind of search will show that the Corporate Democratic Party gets as much or more support from $Billionaire$ and Wall $treet than the Republican Party.
@johnthirteen7009
@johnthirteen7009 4 ай бұрын
The only thing I can say to that is,😂😂😂😂
@Dennis_510
@Dennis_510 4 ай бұрын
They want to stay on the good side of a vindictive sociopath
@AmericanArchon
@AmericanArchon 4 ай бұрын
When the corporate raiders show you who they are, believe them, and vote accordingly.
@phillindower8550
@phillindower8550 4 ай бұрын
They are full of it! All for being spared of paying their fair share of taxes. I'm not that easily conned.
@mossydog2385
@mossydog2385 4 ай бұрын
"The liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than the democratic state itself. That in it's essence is fascism: ownership of government by an individual, by a group, or any controlling private power." ----- Franklin D Roosevelt
@catmando4914
@catmando4914 4 ай бұрын
Billionaires like Trump because they know they can talk him into doing what they want done.
@nonsequitur5057
@nonsequitur5057 4 ай бұрын
Thank you! Thank you! Thank you! When I saw little interview with Jamie Dimon, my brain stalled with, "What!?!" I had this overwhelming feeling that he had just arrived from an alternate universe. Everything Dimon said (seemingly to "pet" Trump and his followers), citing that in Trump's presidency Trump was "kind of right" about "this and that" I found utterly repulsive. The "I know what I KNOW" inside me said, "No, he (Trump) wasn't. You look like you have some intelligence, why are you saying this?" So, thank you! My mind has calmed down. (I am so tired of all these lies.) 😶‍🌫
@betsyveritas1055
@betsyveritas1055 4 ай бұрын
Thank you Robert Reich for always speaking the truth loudly & clearly.
@nickflynn439
@nickflynn439 4 ай бұрын
And the obscenity of him saying all this while wearing a Ukraine Flag pin... How many of the German Industrialists made the same bet on that silly little Austrian corporal, Herr Hitler?
@eddieokelly7027
@eddieokelly7027 4 ай бұрын
He will give the billionaires huge tax breaks
@danperinovic6537
@danperinovic6537 4 ай бұрын
What a coward! Chase should fire this guy for stupidity. Everything he just said lacks any factional basis, resign!!!
@Olly2038
@Olly2038 4 ай бұрын
Birds of a feather, always flock together.
@seaoftranquility7228
@seaoftranquility7228 4 ай бұрын
Being a billionaire does not make you intelligent, Elon Musk has demonstrated that beyond any reasonable doubt.
@DJ_Force
@DJ_Force 4 ай бұрын
I wager he is more intelligent than you. He is running several tech companies. How many are you running?
@seaoftranquility7228
@seaoftranquility7228 4 ай бұрын
@@DJ_Force No I know, that’s my point, you’d assume he was smarter than me. He’s not.
@DJ_Force
@DJ_Force 4 ай бұрын
@@seaoftranquility7228 Where is your evidence?
@seaoftranquility7228
@seaoftranquility7228 4 ай бұрын
@@DJ_Force Any interview he’s ever done.
@seaoftranquility7228
@seaoftranquility7228 4 ай бұрын
Plus his constant barrage of ridiculous Tweets, oh sorry not tweets, X-cretions.
@avisitorhere
@avisitorhere 4 ай бұрын
JP Morgan Chase income tax went from 28% to 21% under the Republican Congress / Trump tax cut. This netted Chase $3 billion immediately and has been adding to their bottom line ever since. So yeah Jamie Dimon likes Trump. Hitler had a great economy for many years too. And certain people love Putins economy as well it just not great for the rest of us.
@Nemesisnxt
@Nemesisnxt 4 ай бұрын
If all else fails, just accuse Trump of being Hitler. Works every time.
@pijim96
@pijim96 4 ай бұрын
These Billionaires are out of touch with the average Americans and have been for years.
@msimon6808
@msimon6808 4 ай бұрын
It is how they got rich. Nothing like being out of touch to improve your chances. It is why so many of them are.
@tdrbrt
@tdrbrt 4 ай бұрын
President Madison wrote, "The opulence of wealth must be preserved at all costs." That's definitively not exclusive to Trump.
@lovethatagave
@lovethatagave 4 ай бұрын
You are a good man, Robert Reich.
@Cozmixcartoons
@Cozmixcartoons 4 ай бұрын
What an utterly chilling warning.... Get out and vote people!!!
@jackiehathaway793
@jackiehathaway793 4 ай бұрын
Is it because of them paying their share of taxes or is it because they have done rotten 💩 all of their lives and don't want to beheld accountable for their rotten ways!?
@garylcampbell9964
@garylcampbell9964 4 ай бұрын
Just because you have money does not make you smart.
@lauralafauve5520
@lauralafauve5520 4 ай бұрын
Absolutely, sir. Thank you.
@maryjomayfield537
@maryjomayfield537 4 ай бұрын
If Dimon actually thinks Trump is going to win the election I wouldn't take his advice on anything.
@jamesnabors3643
@jamesnabors3643 4 ай бұрын
The only way Trump is not winning the election is if state election laws are broken en masse again. Robert is lying to you BTW. Dimon is rallying Democrats to fund Nikki Haley in a bid to defeat Trump.
@silverwing5254
@silverwing5254 4 ай бұрын
The scary part is that, if that is the reason, it would be the one part he could potentially be right about. This current election is shaping up to be far too close for comfort with how Biden's been acting like he doesn't have to do anything at all to win while Trump's been spending every waking moment whipping his base into a bloodthirsty frenzy. It's pretty easy to tell which side will definitely show up to vote and which is more likely to simply throw up their hands in frustration and just stay home.
@maryjomayfield537
@maryjomayfield537 4 ай бұрын
@silverwing5254 Not really. Only the most looney of Trump supporters will vote for him, everyone else hates him. Trump is so divisive and polarizing that he actually motivates people to vote against him as we seen in 20.
@TheMr02drop
@TheMr02drop 4 ай бұрын
It happened once it can happen again...especially if people get complacent.
@kevchard5214
@kevchard5214 4 ай бұрын
Scary but true. Also if the election is decided by the electoral collage T-rump will win.@@silverwing5254
@brekedekdang39
@brekedekdang39 4 ай бұрын
Thank you Mr. Reich for continuing to speak the truth.
@islandmonusvi
@islandmonusvi 3 ай бұрын
Hitler had Henry Ford…guessing that Trump v2025 will have Jamie Diamond
@MrEdium
@MrEdium 4 ай бұрын
As a DICTATOR he can & will take ALL THEIR MONEY‼️
@jamesnabors3643
@jamesnabors3643 4 ай бұрын
Biden called executive orders the tool of dictators. He then signed more of them in his first 100 hours than every other president in history combined. None of those totalitarian edicts have helped ANY American citizens. In that Context, Trump promised to be a dictator for one day. Long enough to reverse Biden's disastrous and failed executive orders, and then he won't do it any more. Because America First is patriotic but America Last is treason. Don't be a traitor.
@mrphilbert1
@mrphilbert1 4 ай бұрын
Dump Chase (or any for profit bank) and join your local credit union.
@lucindasmith589
@lucindasmith589 4 ай бұрын
...as history has shown time and time again.
@JM-hm5dc
@JM-hm5dc 2 ай бұрын
Obviously, for the HUGE TAX BREAKS for the rich and corporations !!
@theeviljames
@theeviljames 4 ай бұрын
I preferred the positive video about Biden's effective action, but it is important to remember the true horror that was the 45th
@pabloverdi7543
@pabloverdi7543 4 ай бұрын
Me too but it is important to tie the two together
@yourdaddy-mq4km
@yourdaddy-mq4km 4 ай бұрын
​@@pabloverdi7543Oh yeah it was so horrible with low fuel prices, low unemployment, low interest rates, low inflation, and no new wars 😂.
@greglamm5986
@greglamm5986 4 ай бұрын
@@yourdaddy-mq4km And over a million dead from Covid. How are those bleach injections working for ya?
@cmecre8629
@cmecre8629 4 ай бұрын
you may want to hold off on the no-new-wars assertion @@yourdaddy-mq4km
@brucebasile5083
@brucebasile5083 4 ай бұрын
@@yourdaddy-mq4km You're not fooling anyone Zachoff with this user name. I've exposed you as a corporate bootlicker long ago. It's over for you. Move along.
@adelaferreira4575
@adelaferreira4575 4 ай бұрын
Always right on the dot Robert,thank you ! People need to hear the truth about these traitors and the truth about Dump everybody wants to forget do to his incompetence one million lives were lost during the pandemic thanks to his lack of empathy and unfitness for the job !
@hipoman8087
@hipoman8087 4 ай бұрын
Like all the times before you gave us, the insight and the truth of what’s going on thank you
@f.demascio1857
@f.demascio1857 4 ай бұрын
1. Tax Cuts. 2. Deregulation. 3. Even MORE control over legislation.
@donaldspaulding6973
@donaldspaulding6973 4 ай бұрын
In all fairness he was saying all this from the wealthy banker POV, which is always positive since we socialize losses and privatize gains of banks.
@janlindtner305
@janlindtner305 4 ай бұрын
These are the same interests at stake that General Smedley Butler warned FDR about: Unbridled greed and totalitarian power. History repeats itself, in another time in another cloth!👍Robert❤👍🤟
@antnich3939
@antnich3939 4 ай бұрын
Thank you Robert! Common Americans are blinded by billionaire 's lies!
@monalisa542
@monalisa542 4 ай бұрын
It’s beginning to feel like democracy and America are done.
@li2us
@li2us 4 ай бұрын
I'm a big fan of Robert Reich. He calls a spade a spade, and reduces his critics to a whimper.
@BOBANDVEG
@BOBANDVEG 4 ай бұрын
Racist. It's African American
@johnsutherland6022
@johnsutherland6022 4 ай бұрын
That's what the Cubans said of Fidel before the Revolution. But didn't really work out well
@Iukethegoat
@Iukethegoat 4 ай бұрын
@@johnsutherland6022 you could say that about literally anybody praising anyone
@Nemesisnxt
@Nemesisnxt 4 ай бұрын
Economy: yep, lost 2.9M jobs. Anyone remember Covid-19?
@eskuriad
@eskuriad 4 ай бұрын
This is the guy that wants you to commute 2hrs a day to the office, put in 10hrs to put $100 in his pocket for every $1 he puts in yours.
@Aussie-Mocha
@Aussie-Mocha 4 ай бұрын
Thank you for telling the public the truth. 👏🏻👏🏻💪🏻
1 класс vs 11 класс (неаккуратность)
01:00
БЕРТ
Рет қаралды 4,8 МЛН
Does Trickle-Down Economics Actually Work? | Robert Reich
5:54
Robert Reich
Рет қаралды 185 М.
Elon Musk: Last Week Tonight with John Oliver (HBO)
31:03
LastWeekTonight
Рет қаралды 10 МЛН
The $6T Gap Between Trump’s and Biden’s Tax Plans | WSJ
6:02
The Wall Street Journal
Рет қаралды 792 М.
Trump's 30 Biggest Broken Promises | Robert Reich
10:38
Robert Reich
Рет қаралды 1,3 МЛН
Why JPMorgan CEO Jamie Dimon Is Skeptical of an Economic Soft Landing | WSJ
12:56
The Wall Street Journal
Рет қаралды 526 М.
What if We Actually Taxed the Rich? | Robert Reich
6:03
Robert Reich
Рет қаралды 414 М.
Meet the Press full broadcast - June 2
47:45
NBC News
Рет қаралды 53 М.