Subterms
US politicsDemocrats position themselves as last line of defense for abortion rights Party sees new urgency – and political opportunity – amid growing threat to Roe v Wade
Opinion: In Texas, flustered ‘pro-lifers’ are backpedaling
Lauren Gambino in Washington DC@ More
OpinionBiden administrationWhy corporate social responsibility is BSRobert ReichWhile big corporations tell Americans how virtuous they are, they lobby up a storm against Biden’s social policy bill Sun 26 Sep 2021 01.00 EDTLast modified on Mon 27 Sep 2021 09.46 EDTIn recent years, “corporate social responsibility” has been viewed by some as the answer to the multiple failings of capitalism. Chief executives have responded to all sorts of problems – worsening climate change, widening inequality, soaring healthcare costs and so on – by promising their corporations will lead the way to solutions because they’re committed to being “socially responsible”.House Democrats are scared to tax billionaires – that’s a costly mistake | Robert ReichRead moreNinety-eight percent of this is rubbish. CEOs won’t do anything that hurts their bottom lines. They’re in the business of making as much money as possible, not solving social problems.In fact, real social change would prevent them from doing many of the hugely profitable things they now do. Which means they won’t change their ways unless they’re required by law to change (and even then, only when the penalty times the probability of getting caught is higher than the profits from continuing anyway). Their soothing promises of social responsibility are intended to forestall such laws.I’ve seen this repeatedly. When I was secretary of labor, big corporations would violate laws on worker safety, wages and hours and pensions, whenever doing so was cheaper than obeying the laws. And they’d fight like hell against such laws to begin with – all the while telling the public what wonderful citizens they were.You may recall that in August 2019, the Business Roundtable – one of Washington’s most prestigious corporate groups, on whose board sit the CEOs of Apple, Walmart and JPMorgan – issued a widely publicized statement expressing “a fundamental commitment” to the wellbeing of “all of our stakeholders” (emphasis in the original), including their employees, communities and the environment.The statement was widely hailed as marking a new era of corporate social responsibility.Since then, the Roundtable and its members have issued a continuous stream of jejune statements about their dedication to such things as providing childcare, pre-K and affordable healthcare, promoting community college and workforce training, alleviating poverty and reversing climate change.It turns out these are exactly the priorities in Joe Biden’s $3.5tn reconciliation bill. But guess what? The Business Roundtable isn’t lobbying for the bill. It’s lobbying intensely against it.Jessica Boulanger, a spokeswoman, told the Washington Post the Roundtable is engaged in “a significant, multifaceted campaign” to stop tax increases that would finance the bill, and will “continue to ramp up our efforts in the coming weeks”. The group is launching a seven-figure digital advertising campaign to oppose the bill.Hypocrisy? Only if you believed the Roundtable BS about corporate social responsibility. If you know the truth – that corporations will do whatever they can to maximize their profits and share values, social responsibility be damned – there’s nothing surprising here.Why didn’t business groups fight the president’s infrastructure bill? Because government spending on infrastructure helps their bottom lines by lowering their costs of procuring supplies and getting goods to market. Social responsibility had nothing to do with it.It’s tempting to chalk all this up to “corporate greed”. But that makes sense only if you think corporations are capable of emotions, such as greed. They’re not. Corporations aren’t people, no matter what the supreme court says. They’re bundles of contracts.The specific people who enter those contracts (on behalf of big corporations as well as thousands of people who run vast investment funds on behalf of millions of shareholders) are neither greedy nor socially responsible. They’re merely doing what they understand to be their jobs. Greed and social responsibility have been laundered out of these transactions.If we want these transactions to change – to align better with public needs rather than private profits – laws must change. For example, taxes on big corporations must rise in order to fund public investments and safety nets.But such laws won’t change if corporations continue to spend vast sums on politics. Corporate spokespeople like Boulanger of the Business Roundtable – along with platoons of corporate lobbyists and influence peddlers, corporate lawyers and hired-gun economists, corporate political operatives and PR flaks – together form in effect a fourth branch of government, wielding huge and increasing power. About one out of every four people now working in downtown Washington fills one of these roles.US’s wealthiest 1% are failing to pay $160bn a year in taxes, report findsRead moreThe result is clear. The most telling trends over the last three decades have been the growing share of the economy going into corporate profits – generating ever-greater compensation packages for top executives and ever-higher payouts for big investors (all of whom live off shares of stock) – and the declining share going to most Americans as wages and salaries.The meaningless blather over “corporate social responsibility” is intended to mask these trends. Biden’s $3.5tn plan is aimed at reversing them.But big business is doing everything in its power to sabotage Biden’s plan. The only way to stop this sabotage is to ignore all mention of corporate social responsibility and make one hell of a ruckus in support of Biden’s plan, as well as laws to reduce the power of big money in politics.
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
TopicsBiden administrationOpinionUS domestic policyUS politicsUS political financingUS taxationcommentReuse this content More
US news‘Free and open’: Quad leaders call for ‘stable’ Indo-Pacific in veiled China digJoe Biden meets leaders of Australia, India and Japan in latest effort to cement US leadership in Asia A More
DemocratsHouse Democrats vote to establish federal right to abortionWomen’s Health and Protection Act is part of strategy to push back against rush of state laws but unlikely to advance in Senate Lauren Gambino in Washington@ More
OpinionDonald TrumpIt’s been easy to forget about Trump, but rightwing America has yet to shake him offEmma BrockesThe former president’s conspiracy theories have found a sympathetic audience on the internet Fri 24 Sep 2021 10.21 EDTLast modified on Fri 24 Sep 2021 16.00 EDTNo one showed up, relatively speaking, to the rally in Washington DC last weekend, an event organised in support of the 6 January “martyrs”. Riot fences went up; the national guard was on standby. The gathering, styled “Justice for J6” by organisers, was intended, they said, to draw attention to the plight of those who, after storming the Capitol building earlier this year, had been arrested but “not been charged with violence, not been accused of assaulting a police officer or destroying property”. The idea of “peacefully” tailgating on a violent insurrection is a conceptual stretch, but in any case, only about 200 demonstrators turned up. They were easily outnumbered by journalists and police.These numbers might have been more reassuring had they not been accompanied online by support from the man widely blamed for inciting them. In a statement on his website, Donald Trump – who is still banned from Twitter – referred to the 6 January rioters as “being persecuted so unfairly” for protesting at “the Rigged Presidential Election”. (The page has since been removed.) It was one of a flurry of statements made last week by the former president, now entirely unrestrained by the dignities of office, and in frank support of the people who stormed the US Capitol. “The Big Lie is the Presidential Election 2020,” he went on, before pivoting to blame the “Fake News Media” for destroying “our Country, both inside and out”.There was a time – millennia ago in political years – when Trump’s wacky syntax and random capitalisation might have been cause for, if not for amusement, exactly, then at least some degree of dismissal. Since the inauguration of President Biden in January, it has been relatively easy to convince oneself that his predecessor has gone away. Sealed up in Mar-a-Lago with various family members, Trump has remained largely absent from public life, surfacing on the 20th anniversary of September 11 this month to commentate on a novelty pay-per-view boxing match with Don Jr in Florida, but otherwise, for those not seeking him out, gone.The discovery that he has not in fact gone, but is still lurking on the internet disseminating conspiracy theories about the election, brings on the sick feeling you get two-thirds of the way into a horror movie, when a sense of calm is introduced prior to the biggest jump scare. Unlike the first time around, there is no possibility of laughing Trump off or assuming his idiocies won’t find a sympathetic audience. At the rally last week, two Republican congressional candidates addressed the group. A recent CNN poll found that 78% of Republicans didn’t believe that Biden legitimately won the presidency. Rightwing America, and therefore America as a whole, has yet to shake this guy off.And so a conversation is starting to take shape, in which the possibility – strengthening daily towards probability – that Trump will stand in the 2024 presidential election is being discussed with real alarm. Yet again, with Trump, there is a sense of surprise about the man that somehow persisted for the duration of his four years in office. In spite of all evidence to the contrary, I think I assumed when Trump lost that he might in large part be relieved to be out of a job he was so unqualified to do. But that assumes the workings of a more or less regular psychology, on the basis of which he would never have become president in the first place.Instead, he is creeping back into the spotlight unchastened. On Tuesday, Trump filed a lawsuit against the New York Times and Mary Trump, his niece, for leaking details of his tax returns. (His niece, knowing better than anyone how to hurt him, perhaps, released a statement in which she said “I think he is a loser, and he is going to throw anything against the wall he can. It’s desperation. As is always the case with Donald, he’ll try and change the subject.”) Meanwhile, a court date has been set in late August or early September 2022 for a hearing in the tax fraud trial of Allen Weisselberg, chief financial officer of Trump’s family business.These stains and public disputes would be enough to finish any other politician, but it has never been so with Trump. I have heard, this week, gloomy assessments from those on the left that the combination of Biden’s handling of troop withdrawals in Afghanistan, the lingering disaster of the pandemic, and even Alexandria Ocasio-Cortez wearing that dress to the Met Ball – “liberal hypocrisy” – will usher in a return of the man so many of us hoped never to hear from again. It doesn’t matter how credible the charge, or whether Trump caused the very problem he seeks to pin on opponents. He has a successful playbook, and given, among other things, his extremely poor impulse control, it seems highly possible he’ll use it again.
Emma Brockes is a Guardian columnist
TopicsDonald TrumpOpinionUS politicscommentReuse this content More
Key events
Show
5.38pm EDT
17:38
Federal Reserve hints it will end pandemic stimulus programs
5.00pm EDT
17:00
Today so far
4.29pm EDT
16:29
Biden to consider ‘potential further executive actions’ after police reform talks fail
1.53pm EDT
13:53
Police reform negotiations come to a formal close, Bass says
12.54pm EDT
12:54
France to send ambassador back to US after Macron-Biden call
12.03pm EDT
12:03
Today so far
11.00am EDT
11:00
Biden to announce US will donate another 500m vaccine doses to other countries
Live feed
Show
5.44pm EDT
17:44
Dominic Rushe
The latest Fed statement also showed that more members of the Fed committee now believe that interest rates should rise in the near future. Nine of the 18 officials expect to raise interest rates by the end of 2022, up from seven officials in June when a majority said they thought rates would rise in 2023.
US stock markets reacted favorably to the news, which suggests the economy is still recovering from the pandemic, albeit with uncertainties remaining. Investors have been spooked in recent days by news that troubled Chinese property developer Evergrande could default on its $300bn debts. The company’s woes could drag in investors worldwide, but on Tuesday the company said it would be able to meet some of its obligations.
Powell said the situation “seems particular to China which has very high debt for an emerging market economy.
“In terms of the implications for us, there is not a lot of direct United States exposure,” he said.
5.38pm EDT
17:38
Federal Reserve hints it will end pandemic stimulus programs
Dominic Rushe
The Federal Reserve signaled on Wednesday that it may start cutting its enormous pandemic stimulus programs as soon as November and could raise interest rates next year.
The US central bank left interest rates unchanged at near zero after its latest meeting. Rates were cut in March 2020 as the US economy reeled from the impact of the pandemic. But the Fed also indicated it may soon start pulling back on the $120bn in monthly asset purchases program that it started when the coronavirus hit the US.
“If progress continues broadly as expected, the Committee judges that a moderation in the pace of asset purchases may soon be warranted,” the Fed’s post-meeting statement said.
At a press conference Fed chair Jerome Powell said the jobs market was “very strong” and that while the central bank was trimming its forecasts for economic growth it still foresees “rapid growth” in the economy.
Powell said the pandemic was still having an impact and that bottlenecks and shortages were driving price inflation but he expected that situation to ease as long as the coronavirus pandemic is contained. “The path of the economy still continues to depend on the course of the virus,” he said.
Read more:
5.17pm EDT
17:17
Florida’s surgeon general Joseph Ladapo has issued a new emergency rule that parents can decide whether or not their children should quarantine after being exposed to someone who tested positive for Covid-19.
Governor Ron DeSantis announced that Lapado, who has been skeptical of research-backed public health measures like mask-wearing, lockdowns and vaccines to curb the spread of coronavirus, would be the state’s new surgeon general on Tuesday. The Republican governor has tried to ban schools from enforcing mask mandates.
The new rule states that parents rather than school administrations, must be the ones to decide asymptomatic kids who have been exposed to the virus should quarantine.
It was “important to respect the rights of parents”, Ladapo said.
The new emergency rule will replace a previous rule requiring students to quarantine for four days after being exposed.
Updated
at 5.33pm EDT
5.00pm EDT
17:00
Today so far
That’s it from me today. My west coast colleague, Maanvi Singh, will take over the blog for the next few hours.
Here’s where the day stands so far:
Joe Biden announced the US will donate another 500 million Pfizer coronavirus vaccine doses to other countries. The announcement means the Biden administration has now committed to sending more than 1.1 billion vaccine doses abroad. “Put another way, for every one shot we’ve administered to date in America, we have now committed to do three shots to the rest of the world,” Biden said at a virtual Covid summit today.
Emmanuel Macron is sending the French ambassador to the US back to Washington, after he and Biden had a conversation today about France’s outrage over the Aukus defense deal. The French president also plans to meet with Biden in Europe next month.
Bipartisan talks over a police reform bill have officially collapsed, after months of back-and-back between the negotiators. Democratic congresswoman Karen Bass blamed the failure on Republicans involved in the negotiations, saying in a statement, “Every time, more was demanded to the point that there would be no progress made in the bill that we were left discussing.” Biden said he would consider “potential further executive actions” to address police reform after the talks collapsed.
House Democrats passed their spending bill to keep the government funded and suspend the debt ceiling until December. However, the legislation faces bleak prospects in the evenly divided Senate, where Republican leader Mitch McConnell has pledged to oppose any effort to raise the debt ceiling.
The select committee investigating the Capitol insurrection is considering issuing a number of subpoenas to former Trump administration officials. Former White House chief of staff Mark Meadows, deputy chief of staff Dan Scavino and former Trump campaign manager Brad Parscale are among those who are likely to get subpoenaed by the committee.
Maanvi will have more coming up, so stay tuned.
4.44pm EDT
16:44
House speaker Nancy Pelosi said the chamber is “on schedule” to hold a vote on the bipartisan infrastructure bill on Monday.
Asked whether the House will also be ready to vote on the reconciliation package by Monday, as progressive lawmakers have demanded, Pelosi did not give a concrete answer.
Zak Hudak
(@cbszak)
“We’re on schedule, let’s put it that way,” Speaker Pelosi says of the bipartisan infrastructure deal slated to reach the floor next wk. She wouldn’t say when the reconciliation package would be considered but said, “We’re calm and everybody’s good.” pic.twitter.com/H6hZa8sigz
September 22, 2021
“We’re calm, and everybody’s good, and our work’s almost done,” Pelosi told reporters on Capitol Hill.
The Democratic speaker met with Joe Biden at the White House this afternoon, as progressives threaten to block the infrastructure bill over their concerns about the reconciliation package.
4.29pm EDT
16:29
Biden to consider ‘potential further executive actions’ after police reform talks fail
Joe Biden said he will consider “potential further executive actions” to address police reform after the bipartisan team of congressional negotiators failed to reach a deal on a bill.
“The murder of George Floyd is a stain on the soul of America,” the president said in a new statement addressing the collapse of the negotiations. “It spurred the nation to collectively demand justice, and we will be remembered for how we responded to the call.”
Biden said he was “deeply grateful” to congresswoman Karen Bass and Senator Cory Booker for working to reach an agreement over the past several months.
“Regrettably, Senate Republicans rejected enacting modest reforms, which even the previous president had supported, while refusing to take action on key issues that many in law enforcement were willing to address,” Biden said.
The president noted he still hoped to sign police reform legislation, but he said he would soon explore additional steps to determine what executive action he may be able to take on the issue.
“In the coming weeks, we will continue to work with Senator Booker, Congresswoman Bass, and other members of Congress who are serious about meaningful police reform,” Biden said.
“The White House will continue to consult with the civil rights and law enforcement and civil rights communities, as well as victims’ families to define a path forward, including through potential further executive actions I can take to advance our efforts to live up to the American ideal of equal justice under law.”
4.11pm EDT
16:11
The White House shared a photo from Joe Biden’s phone call with French President Emmanuel Macron earlier today.
“Today I spoke with President Emmanuel Macron of France, and reaffirmed the importance of French and European engagement in the Indo-Pacific region,” Biden said in a tweet that included the photo.
“I look forward to a process of in-depth consultations and to meeting with him in October.”
President Biden
(@POTUS)
Today I spoke with President Emmanuel Macron of France, and reaffirmed the importance of French and European engagement in the Indo-Pacific region. I look forward to a process of in-depth consultations and to meeting with him in October. pic.twitter.com/MouVMCBgDR
September 22, 2021
Asked about the two leaders’ conversation during the White House press briefing, Jen Psaki said the call was “friendly” and lasted around 30 minutes.
“It was one where we’re hopeful and the president is hopeful this is a step in returning to normal,” Psaki said of the phone call.
Psaki did not explicitly say whether Biden apologized to Macron for failing to give him advance notice about the Aukus defense deal, instead telling reporters, “He acknowledged that there could have been greater consultation.”
3.55pm EDT
15:55
Civil rights attorneys Ben Crump and Antonio Romanucci, who have represented the family of George Floyd, expressed “extreme disappointment” over the collapse of police reform talks in Congress.
“In the last year and a half, we have witnessed hundreds of thousands of Americans urging lawmakers to bring desperately needed change to policing in this country so there can be greater accountability, transparency, and ultimately trust in policing,” the lawyers said in a statement.
“We can not let this be a tragic, lost opportunity to regain trust between citizens and police.”
Crump and Romanucci urged Senate Democrats to bring the George Floyd Justice in Policing Act, which passed the House in March, to the floor “so Americans can see who is looking out for their communities’ best interests”.
3.39pm EDT
15:39
In his own statement on the collapse of the police reform negotiations, Democratic Senator Cory Booker said the talks failed because there was “too wide a gulf with our negotiating partners”.
“We made it clear from the beginning of our negotiations that a bill must ensure true accountability, transparency, and the policing standards necessary to bring an end to horrific incidents of violence Americans are routinely seeing — like the murder of George Floyd,” Booker said.
“After months of exhausting every possible pathway to a bipartisan deal, it remains out of reach right now, even after working collaboratively with and securing the support of policing groups like the Fraternal Order of Police and International Association of Chiefs of Police for our proposals.”
Echoing fellow Democratic negotiator Karen Bass, Booker said the time had come to “explore all other options to achieve meaningful and common sense policing reform”.
“I will not stop fighting until we achieve change that keeps our communities and police officers safe,” Booker concluded.
3.20pm EDT
15:20
Jen Psaki said Joe Biden was “disappointed” that the bipartisan negotiations over the police reform bill collapsed without a deal today.
“Unfortunately, Republicans rejected reforms that even the previous president had supported and refused to engage on key issues that many in law enforcement were willing to address,” Psaki said.
The press secretary noted Biden was “greatly appreciative” for congresswoman Karen Bass and senator Cory Booker’s efforts in the negotiations.
Psaki said Biden would be meeting with members of Congress, law enforcement groups and civil rights advocates in the weeks to come to discuss a path forward, “including potential executive actions” that he can take on police reform.
3.03pm EDT
15:03
Jen Psaki said the White House is “certainly” concerned about the possibility of the government shutting down next week if a funding bill is not approved.
“Until a [continuing resolution] has passed that funds the government, we’ll certainly have a concern,” the White House press secretary said. “But our goal and our focus is on preventing that from happening.”
Noting that the House has already passed a bill to fund the government and suspend the debt ceiling until December, the press secretary expressed hope of the situation being resolved soon.
However, the House-passed bill faces dim prospects in the evenly divided Senate, where Republican leader Mitch McConnell has vowed to block any effort to raise the debt ceiling.
2.48pm EDT
14:48
Jen Psaki was asked about Joe Biden’s meetings today with members of Congress to discuss the bipartisan infrastructure bill and the $3.5tn reconciliation package.
One reporter pressed Psaki on whether this marks a “make or break” moment for the two bills, which encompass much of the president’s economic agenda.
The press secretary declined to characterize the meetings in that way, instead saying, “This is an important moment. We are in a pivotal period in our negotiations and discussions.”
2.32pm EDT
14:32
One reporter asked Jen Psaki whether Joe Biden apologized to Emmanuel Macron for how the Aukus deal was announced.
“He acknowledged that there could have been greater consultation,” the White House press secretary said. “There was agreement that we wanted to move forward in our relationship.”
Asked if Biden held national security adviser Jake Sullivan responsible for the dust-up with France, Psaki replied, “He holds himself responsible.”
Updated
at 4.38pm EDT More
Analysis: Joe Biden has cleared the decks to focus on China. But how imminent is the danger?by More
US Congress‘It remains out of reach’: bipartisan talks on US police reform bill collapseNegotiators could not agree on a few crucial issues as talks dragged on for months Joan E Greve in Washington@ More
