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The Hartmann Report

Daily Take: Economic Stockholm Syndrome? Do Americans Still Worship "Job Creators”?

The Hartmann Report

Thom Hartmann

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

4.41.2K Ratings

🗓️ 23 May 2025

⏱️ 13 minutes

🧾️ Download transcript

Summary

The billionaires robbed us blind for 44 years — and we thanked them for it... Will it still work for the GOP?

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Transcript

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0:00.0

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0:28.3

I love it. Freeprints.com. Economic Stockholm syndrome. Do Americans still worship job creators?

0:35.3

We're about to embark on what will be one of the most interesting political,

0:39.4

sociological, and media experiments of our lifetimes. It'll answer the question, can Republicans

0:45.4

still get away with lying to their own voters? Forty-four years ago, the Reagan administration,

0:51.2

after winning the White House because they cut a criminal treasonous deal with

0:54.9

Iran's Supreme Leader Ayatollah Ruhala Khomeini to hold the American hostages until after the

1:01.1

1980 election, decided to take a second massive chance at deceiving the American voters.

1:07.5

Today's right-wing media machine didn't exist at the time. There was no Fox so-called news, no 1,500 right-wing radio stations,

1:15.0

no right-wing bloggers and podcasters getting millions from Russia's and neo-fascist foundations,

1:21.2

no right-wing billionaire owners of social media and the nation's biggest newspapers and TV networks.

1:26.7

So the risk of simply and blatantly

1:28.9

lying to the public was far greater than today. But in 1981, Reagan and the GOP decided after

1:36.4

48 continuous years of Americans embracing both the New Deal's programs and its top 90 to 74% income tax bracket for the morbidly

1:46.8

rich, that the risk was worth it. After all, if their bet paid off, the rewards that would come

...

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