Former Labor Secretary Robert Reich, who served in the Clinton administration, warned that President Trump’s personal involvement in the U.S. economy will be his “downfall” and will lead the country toward stagflation.

In a Substack post Tuesday, Reich recalled a time when the parties were divided by disagreements over the size of government and support for social safety net programs.

“It’s hard to find Right or Left these days,” Reich wrote. “Instead we have something no one has ever seen in America — a personal takeover of nearly all the institutions of government and, increasingly, the private sector, by a would-be dictator.”

Reich listed several examples of Trump “taking personal control of the U.S. economy,” including Trump’s efforts to influence the Federal Reserve Board; the government’s 10 percent stake in Intel; and the deals with Nvidia and Advanced Micro Devices (AMD) to give the companies export licenses to sell AI-chips to China in exchange for 15 percent of that revenue going to the government.

The White House did not respond to an immediate request for comment.

Reich also pointed to recent reporting indicating Trump’s White House scores American companies and trade associations on how hard they work to support Trump’s comprehensive policy legislation, potentially rewarding groups with higher ratings.  

 “An increasing part of our economy is no longer being determined by supply and demand but by the deals Trump is striking,” Reich wrote.

As opposed to Xi Jinping’s approach in China, Reich wrote, “The new order being imposed on American industry doesn’t come from a vast authoritarian bureaucracy. It’s personal and arbitrary. A single so-called ‘strongman’ is seeking to control everything.”

“I don’t know the proper term for this. State capitalism? Fascist capitalism?” he continued. “Whatever we call it, it will be Trump’s downfall because his arbitrary and mercurial decisions are making the private sector nervous about investing in the U.S. economy, causing global lenders to demand a higher risk premium for lending to the U.S., and pushing the economy toward both inflation and recession — so-called ‘stagflation.’”

“If nothing else brings him down, his authoritarian control over the economy surely will,” Reich added.

Former Republican congressman and Fox News host Trey Gowdy suggested tighter gun control laws could be necessary following a mass shooting Wednesday at a Catholic church in Minnesota..

“You want to track the shooter. You also want to track the access to the firearms,” Gowdy said on “Outnumbered” just hours after the shooting took place. “Where did the guns come from? Were they straw purchases? Did he go into a gun store? Was it a private sale? That’s all you can do now because there’s not going to be a trial. These parents, they want answers. Everyone wants to know why.”

Gowdy’s continued saying “what people are crying for now is how can we prevent this? How can we stop it?”

“And the only way to stop it is to identify the shooter ahead of time or keep the weapons out of their hands,” he said. “And so we’re gonna have to have a conversation of freedom versus protecting children. I mean how many school shootings does it take before we’re going to have a conversation about keeping firearms out. It’s always a young, white male. Almost always.”

The pundit’s comments were first highlighted by Mediaite.

Police in Minneapolis said a gunman took the lives of at least two students and injured 17 other people in an attack during a Mass at a Catholic school in southern Minneapolis.

The suspect, identified as 23-year-old Robin Westman, barricaded the church door during the shooting, then committed suicide by gunshot, police said.

Sen. Amy Klobuchar (D-Minn.) said the daughter of a former staffer witnessed the Minneapolis Catholic school shooting on Wednesday and “had to watch several of her friends get shot” in front of her.

In an interview on MSNBC, the Minnesota Democrat described talking to the former staffer, Kate Nilan, whose three children were in an all-school mass where the shooting took place.

“Talking to her was probably one of the most upsetting things I’ve ever heard,” Klobuchar said.

“Her daughter, who’s seventh grade, was in that church. These kids are doing the all-school mass and had to watch several of her friends get shot — one in the back, one in the neck — and they all got down under the pews,” the senator continued, recounting what her former staffer told her.

“Her daughter, of course, was not shot, but her daughter ended up being the one telling one of the dads of one of the other kids that his daughter had been shot,” she added. “These are her friends. These kids all saw it happen. They were all in that church and just a horrific, horrific thing.”

Police said at least two children were killed — a 10-year-old and an 8-year-old — and two were in critical condition after a gunman opened fire at Annunciation Catholic School Wednesday morning.

Seventeen people were injured in the shooting, including 14 children, according to the local police chief.

The gunman fired through a window, aiming at children sitting in pews during morning mass, according to police. The suspect eventually entered the premises with three weapons, a rifle, pistol and shotgun.

The gunman, in his early 20s, died by suicide, the chief said.