Robert Reich

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The Trump coalition of MAGAs and Oligarchs lives on, as dangerous as ever

robertreich.substack.com

The Trump coalition of MAGAs and Oligarchs lives on, as dangerous as ever

It's the force that made McCarthy Speaker

Robert Reich
Jan 9
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Share this post

The Trump coalition of MAGAs and Oligarchs lives on, as dangerous as ever

robertreich.substack.com

Friends,

The two parts of the Republican Party — the MAGA cultural warriors and the economic oligarchs — need each other.

The oligarchy — billionaires, top CEOs, and moguls of Wall Street — wants lower taxes (which requires less government spending) and fewer regulations. Most basically, it wants to continue to siphon off more of the economy’s total gain…

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