Perhaps it’s time to kick Joe Manchin out of the Democratic party | Robert Reich
At every opportunity, Manchin has sabotaged Democrats' agenda. What's going on here? It's spelled m-o-n-e-y
After putting a final spear through the heart of what remained of Biden's and the Democrat's domestic agenda, West Virginia's Democratic senator Joe Manchin now rejects any tax increases on big corporations or the wealthy - until inflation is no longer a problem.
This is rich, in every sense of the word. Raising taxes on big American corporations and the wealthy would not fuel inflation. It would slow inflation by reducing demand - and do it in a way that wouldn't hurt lower-income Americans (such as those living in, say, West Virginia).
Robert Reich, a former US secretary of labor, is professor of public policy at the University of California at Berkeley and the author of Saving Capitalism: For the Many, Not the Few and The Common Good. His new book, The System: Who Rigged It, How We Fix It, is out now. He is a Guardian US columnist. His newsletter is at robertreich.substack.com
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