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RBReich's profile
Robert Reich
Robert Reich
Robert Reich
Verified account
@RBReich

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Robert ReichVerified account

@RBReich

Berkeley prof, frmr Sec of Labor. Cofounder, Inequality Media. New book: The System: Who Rigged It, How We Fix It. Order a copy: http://tinyurl.com/thesystemrbreich …

Berkeley, CA
Joined May 2010

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    Robert Reich‏Verified account @RBReich 20 Dec 2019

    Just a casual reminder that 60% of all wealth in America is inherited. “Pull yourself up by the bootstraps” is a sham.

    11:07 AM - 20 Dec 2019
    • 30,479 Retweets
    • 118,746 Likes
    • Linda Smith Simon Saez Shawn Rochester masa 🌈 Zemyla J Carr Maya Kendrick 🥄 Stra♟ght Wh🐇te Pers❤️n 🥄 ✨ nat
    7,346 replies 30,479 retweets 118,746 likes
      1. New conversation
      2. Peter Mallouk‏Verified account @PeterMallouk 20 Dec 2019
        Replying to @RBReich

        This is not true.

        13 replies 2 retweets 40 likes
      3. Larry Waldbillig‏ @LarryWaldbillig 20 Dec 2019
        Replying to @PeterMallouk @RBReich

        If that was the case, then how come most rich kids never flip burgers or stock shelves like the rest of us had to? They don't. Mom and Dad usually have it all cut out for them. I've never seen a Kardashian wash a dish or a Trump scrub a floor. But yeah, everyone else is "lazy".

        7 replies 3 retweets 72 likes
      4. Show replies
      1. Stephen Rourke‏ @TheRhinosHorn 20 Dec 2019
        Replying to @RBReich

        As good an argument for an inheritance tax as any.

        2 replies 1 retweet 7 likes
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      1. Fablevision Studios  🎬‏ @fablevstudios 20 Dec 2019
        Replying to @RBReich

        Yes, and try getting a loan for those bootstraps without any collateral.

        2 replies 6 retweets 74 likes
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      1. New conversation
      2. UnderworldBTC‏ @UWmixradio 20 Dec 2019
        Replying to @RBReich

        The bigger sham is the federal reserve printing unlimited fiat for the wallstreet bankers/hedge funds and corporations at 1.5% interest while most Americans go into debt at 20% interest.

        10 replies 25 retweets 222 likes
      3. Fred Seeber‏ @fshore1 23 Dec 2019
        Replying to @UWmixradio @RBReich

        That number is The Overnight Fed Funds Rate that is reserved for federaly chartered banks and saving and loans !

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. Ron Waxman  🏳️‍🌈‏Verified account @RonWaxman 20 Dec 2019
        Replying to @RBReich

        pic.twitter.com/9BW0plsx7u

        3 replies 0 retweets 93 likes
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      1. Antonious Maximus  🦍 🦾‏ @anthonypehrson 20 Dec 2019
        Replying to @RBReich

        We need to level the playing field again or even completely reimagine the whole game of Capitalism itself, we need a political revolution #Bernie2020pic.twitter.com/hzJm5vWE0P

        1 reply 0 retweets 3 likes
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      1. New conversation
      2. This Dog Has an Opinion‏ @mac9705 20 Dec 2019
        Replying to @RBReich

        And it isn’t just for the children of billionaires. Your parents, their education, their acquaintances, your ability to participate in the activities or extracurriculars of good schools, or your freedom from fear and want. These are all assists that don’t exist for everyone.

        62 replies 191 retweets 2,021 likes
      3. Laurie J Brown‏ @May_Be_Psycho 20 Dec 2019
        Replying to @mac9705 @RBReich

        There are a crapton of intangibles that go into that word "privilege".

        15 replies 22 retweets 459 likes
      4. Show replies

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