Notices by Robert Reich (rbreich@masto.ai), page 4

Remember: Trump was supposed to debate Harris tonight but chickened out.

Fast food workers in California started receiving a $20/hr minimum wage this year. What happened?

Wages went up 18%. Prices only went up 3.7%. And fast food jobs increased every month.

Again, the research shows that fearmongering about raising the minimum wage is baloney.

The High Cost of Trump's Mass Deportation Plan | Robert Reich https://www.youtube.com/watch?v=95EyVVEBid0&utm_source=dlvr.it&utm_medium=mastodon

Trump dismisses the 16M jobs created under Biden-Harris with the lie that they're just lost covid jobs coming back.

1. Trump's botched covid response is WHY he left office with a net loss of ~3M jobs.

2. It took smart policy to bring those jobs back.

3. 16 is more than 3.

How the hell can the race be tied? https://robertreich.substack.com/p/how-the-hell-can-they-be-tied?utm_source=dlvr.it&utm_medium=mastodon

Trump's proposed economic and tax policies, which largely benefit the rich, would drain the Social Security Trust Fund in just six years.

He's going to take a lifetime of earned benefits away from working people and gift them to the wealthy.

It's reverse Robin Hood.

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Trump and Vance claim to care about the housing crisis.

But Trump is a shady landlord.

He put two of the '08 housing crash’s biggest profiteers in his cabinet.

He's taking big donations from Wall Street execs who made fortunes buying up homes and jacking up rents.

Hello?

Effective tax rates before and after the Trump tax law:

Verizon
Before: 21%
After: 8%

Walmart
Before: 31%
After: 17%

AT&T
Before: 13%
After: 3%

Walt Disney
Before: 26%
After: 8%

FedEx
Before: 18%
After: 1%

This is what a corporate giveaway looks like.

The Biden-Harris admin has canceled $175 billion in student debt for nearly 5 million people.

Project 2025 seeks to get rid of student loan forgiveness programs and income driven payment plans.

The result? Monthly student loan payments could triple for many borrowers.

Your Friday reminder that trickle-down economics is a cruel hoax. Cruel because it's used by the super-rich to avoid paying their fair share of taxes. A hoax because nothing has ever trickled down.

Trump may be one of the most anti-worker presidents ever.

-Loaded the NLRB with anti-union hacks
-Cut OT pay for 8 million workers
-Gutted workplace safety rules
-Made it harder for gig workers to get benefits

Don't believe for one second that he's on the side of workers.

More than 1 million people have received student debt relief through the Public Service Loan Forgiveness program under the Biden-Harris admin.

These people are public servants, like teachers and nurses.

Project 2025 wants to eliminate this loan forgiveness program. Page 354.

The FTC is suing corporate monopolies. It banned noncompetes. It's challenging phony pharma patents that keep Rx costs high.

And it announced a Click-to-Cancel rule that will make cancelling a subscription as easy as signing up for one.

It's government working for the people.

Trump’s closing argument: full-throated fascism https://robertreich.substack.com/p/trumps-fascism-is-now-in-the-open?utm_source=dlvr.it&utm_medium=mastodon

Three billionaires donated $220 million to Donald Trump between July and September.

Read that back.

Three people. $200 million. In just three months.

Citizens United is among the worst decisions in history. It corrupts our system every day.

Trump insulted millions of autoworkers yesterday, saying "a child" could do their jobs.

He recently said, as a boss, he "hated to give overtime" to his workers and "wouldn't pay it."

Can we finally dispel the myth that Trump cares about working people when he clearly does not?

Reminder that Project 2025 would essentially ban unions for public service workers (pg. 82), let bosses avoid overtime pay (pg. 592), make it easier for private companies to decertify unions (pg. 603) and allow states to opt out of federal labor laws (pg. 605).

Let's clear up the misinformation about a tax on unrealized capital gains.The plan Kamala Harris endorsed only applies to people with $100 million+ in wealth who do not pay at least a 25% tax rate on their income. Is that you? No? Then you will not be affected.

Union election petitions are up 27% this fiscal year, according to the NLRB.

Petitions have doubled since 2021.

We are witnessing a historic rebirth of unions in America, and it's a beautiful thing to behold.

Make no mistake: workers are taking their power back.