This is the Tom Hartman Program.

Welcome back, Tom Harbin here with you.

On the line with this, Professor Richard Wolf, the economist, co-founder of Democracy at Work.

Info, author of numerous books his most recent

understanding socialism.

His other website in addition to Democracy at Work.

info is R.D. wolf with 2F's.com. You can tweet him at Prof Wolf as in Professor Wolf.

Catherine Rample is writing over at the Washington Post today that our economy is a ticking time bomb ready to

explode. The unemployment figures and Trump was on TV this morning saying, oh, we just had a recovery here.

Professor Wolf, welcome back to the program.

What do you think? Are things getting better or is this crisis, does this crisis

have the potential to be apocalyptic?

I have no hesitation whatever which in the fact makes me sad and also even surprises me.

But I have no hesitation in saying, yeah yeah we are at the apocalyptic stage that the possibilities

for a general economic collapse have never been as strongly indicated as they are now

the up-and-downs of the unemployment number

cannot although mister trump will try

mask just a few of the underlying realities

five or six million people have left the labor force.

That is, they're so discouraged about their economic possibilities.

They're not even looking for work.

They have resigned themselves into a kind of situation of uncertainty of

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