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The Hartmann Report

Can The World Survive Billionaire’s Woodstock?

The Hartmann Report

Thom Hartmann

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

4.51.3K Ratings

🗓️ 23 January 2024

⏱️ 60 minutes

🧾️ Download transcript

Summary

America fought back America’s oligarchs twice; will we succeed this third time with an actual oligarch (Trump) running for president as a neofascist populist?

Plus - a Kentucky law makes it easier to shoot people camping on your property. What is this really about?


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Transcript

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0:00.0

This is the Tom Hartman program.

0:17.0

Can America and the world survive the Davos billionaires Woodstock?

0:20.0

And really what it's about is how did we get here. How did we get to the point where, you know,

0:28.8

half of America, well maybe a third of America the GOP are so pissed off about the politics of this

0:37.1

country that they will embrace Vladimir Putin that they will trash another democracy, specifically Ukraine, that they will

0:45.3

embrace an open fascist and convicted rapist, Donald Trump, and a loser.

0:52.6

I mean the guy has lost pretty much every election he's participated in.

0:57.1

I realize he won the electoral college but he even lost that election by 3 million votes,

1:01.8

the largest margin in the history of the United States, for somebody

1:05.2

who also won the Electoral College.

1:09.1

So how do we get here?

1:11.5

And the hypothesis that I put forward in the article is that this all began, as Louise says it'll say on my tombstone when I die, it all started with Reagan.

1:20.0

It all began in 1981 when Ronald Reagan was sworn into office and he took

1:25.5

America out of the classic economic system that we had been operating in from

1:31.7

ever since the 1930s.

1:34.8

Adam Smith economics, John Maynard Keynes economics,

1:39.9

and moved us into Milton Friedman's neoliberal economics

1:44.2

where the power is taken away from government and the people and given to

1:48.9

the very very rich and the corporations that made them rich.

1:51.3

So what happened and the corporations that made them rich.

1:54.0

So what happened was in the years leading up to Reaganism,

1:59.0

from 1946 to 1980, the bottom 50% of America saw their income grow at 129% during that period of time,

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