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The Hartmann Report

ARE WE HEADED TO RECESSION?

The Hartmann Report

Thom Hartmann

News, Congress, America, Thom Hartmann, Climate Change, Democracy, Debate, Economics, The Hartmann Report

4.51.3K Ratings

🗓️ 11 March 2020

⏱️ 58 minutes

🧾️ Download transcript

Summary

Between the Corona Virus, the price of oil and an already unstable economy, America might be on the edge of the next great Republican recession. 

Professor Richard Wolff joins Thom to discuss the economy and how the Covid 19 epidemic and the Russo-Saudi oil squabble could make the economy less stable.

Thom reads from his book, "Screwed: The Undeclared War against the Middle Class--and What We Can Do about It" and "All the World's a Stage" by Dennis Weaver.

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Transcript

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0:00.0

This is the Tom Hartman program.

0:15.0

Greetings my friends, Patriots, lovers, of democracy, truth and justice,

0:20.0

believers, and peace, freedom in the American way.

0:23.4

Tom Arbin here with you, live from Portland,

0:27.1

where yesterday we got notice that we have now

0:30.5

officially one case here in Portland there's 300 people who are

0:34.5

looking at and I think there's what around a dozen that have been

0:37.4

confirmed in the state but this was one right in Portland that hadn't gone

0:42.0

anywhere hadn't done anything had just been hanging out in town,

0:45.6

and boom, he's got coronavirus or she, we don't know.

0:48.8

So you know, it's spreading.

0:50.8

We're all Seattle and New Rochelle and it doesn't mean that we need to be

0:56.1

freaking out and frightened it means that we need to do something we need to be

1:00.7

thinking about this talking about, moving forward in a

1:04.2

reasonable fashion. But just consider where we're at and why we're here. Two years

1:09.4

ago, it's just absolutely mind-bogg. The day after the 100-year anniversary of the 1919 flu,

1:20.0

right? Two years ago, almost two years ago, the Trump administration shut down.

1:28.0

The New York Times, by the way, they're, I guess it's really a podcast.

1:32.3

It's called The Daily.

1:33.2

Tells this story brilliantly today. It's really worth checking out.

1:36.5

But anyhow, they shut down the two high-level offices in the White House that were responsible

1:40.3

for dealing with a pandemic. One of the Department of Homeland Security, the other in the

...

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