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What’s Next After The Midterms? Ro Khanna & Robert Reich Discuss

Democrats will retain control of the Senate. Republicans captured the House.

There was no red wave. But there was no blue wave, either.

What does it all mean? I sat down with my good friend Congressman Ro Khanna (D-CA) to discuss.

Aside from a few remaining contests (and the upcoming Georgia runoff), the results of the election are in and one thing is certainly clear — Americans chose not to make any more waves this time around. Despite voters embracing stability over chaos and election denialism, many outstanding questions remain.

The Fed’s Inflation Mistake Continues

The Federal Reserve has been hellbent on raising interest rates to slow the economy. It’s a huge mistake.

You know who bears most of the pain of these rate hikes?

Most of the pain is borne by people who are already struggling to keep up with rising prices: lower-wage workers and the poor.

While the Fed has signaled that its interest rate increases might not be as drastic moving forward, the important thing to remember is that these hikes already fail to address a major driver of inflation — powerful corporations that are ratcheting up prices to pad their profit margins.

Does Elon Musk Have a Right to Destroy Twitter?

You break it, you own it. That’s what I was told as a child. But for today’s billionaires, it seems like the opposite is true.

“You own it, you can break it” — at least if you’re rich enough. 

Just look at Elon Musk.

How the Corporate Takeover of American Politics Began

The corporate takeover of American politics started with a man and a memo you’ve probably never heard of.

In 1971, the U.S. Chamber of Commerce asked Lewis Powell, a corporate attorney who would go on to become a Supreme Court justice, to draft a memo on the state of the country.

Powell’s memo argued that the American economic system was “under broad attack” from consumer, labor, and environmental groups.