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The Hartmann Report

Daily Take: Crashing the Economy: Trump’s Blueprint for Power and Profit

The Hartmann Report

Thom Hartmann

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

4.41.2K Ratings

🗓️ 28 January 2025

⏱️ 13 minutes

🧾️ Download transcript

Summary

A collapsing America is a billionaire’s paradise, and Trump’s all in…

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Transcript

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Hartman with two ends at the end. Crashing the economy, Trump's blueprint for power and profit.

1:06.8

Democrats are warning that Trump's threats to increase our national debt by as much as $7 trillion with new tax cuts for billionaires,

1:14.4

shift billions of Treasury dollars into crypto, and impose tariffs on imported goods risk creating a financial crisis

1:21.6

and maybe even a Second Republic in Great Depression.

1:25.6

After all, tariffs will jack up inflation. Crypto is incredibly

1:29.3

volatile, and increasing the national debt will pull hundreds of billions out of the Treasury

1:34.1

and interest payments that could have otherwise been used to help the American people, rebuild

1:38.2

our infrastructure, and upgrade our schools. Any of the three could trip off a national economic

1:44.0

emergency. All three could be a

1:46.3

perfect storm. Trump, though, seems unconcerned, even though Republican economists are also signaling their

1:51.8

alarm, which raises the question, why is he so willing to risk an economic crash on his watch

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