4.6 • 7.7K Ratings
🗓️ 29 March 2020
⏱️ 72 minutes
🧾️ Download transcript
The former Chair of the Council of Economic Advisers under President Obama speaks with clarity and common sense about how virus economics are different than normal economics.
Click on a timestamp to play from that location
0:00.0 | Hey, everybody. We have a great one today, you know, for a change. If you're a regular |
0:11.0 | listener to this weekly broadcast, you probably heard me say that I didn't want to do news of the |
0:17.1 | day. And what I meant by that is you get that elsewhere. If you want to hear about what's |
0:22.6 | happening in politics, you know, inside baseball, horse race, that kind of thing, or, you know, |
0:29.6 | what's happening in the news that day, you can get that from a lot of sources, some more edifying, |
0:35.8 | some more to this taste or that, but you can spend |
0:39.6 | 25 hours a day being marinated in two days news. See, what I wanted to do is create |
0:47.9 | evergreen shows that you could listen to a year later. I'll give you an example. During the Kavanaugh hearings, |
0:55.5 | I did a podcast with Jeffrey Tubman and Nancy Gertner of Harvard Law on the Federal Society and its |
1:03.5 | history and what it's become and how dangerous it is. And I think it's completely fresh and |
1:08.8 | educational and thought-provoking and actually very funny show, if I do say so myself. |
1:16.4 | And then the next week I could move on to Michael Lewis in his brilliant book, The Fifth Risk, about how, because Trump had no interest in government, he had populated his agencies with a bunch of |
1:31.3 | incompetent, venal, and self-interested toadies, and how that might mean that they would not |
1:40.6 | be prepared for the fifth risk, which is the unforeseen calamity that his government misses entirely and that they don't focus on. |
1:53.4 | And in that conversation, we touched on Trump's getting rid of the Directorate for Global Health and Security and Bio-Defense within the |
2:02.6 | National Security Council. |
2:04.9 | Uh-oh. |
2:07.1 | Well, this pandemic is now not just the news of the day, of every day, it's now the news |
2:15.4 | of the century. |
2:17.2 | So it looks like this is the thing I'm |
2:19.0 | going to focus on for the remainder of the century now when I was in the Senate I |
2:25.3 | got to know Tony Fauci and Ron Clayne but I spent more time on the phone with |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Al Franken Podcast, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Al Franken Podcast and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.