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The Last Word with Lawrence O’Donnell

Lawrence on Wharton's worst student: Trump is mentally incapable of doing the job he was elected to

The Last Word with Lawrence O’Donnell

NBC News

Policy, Msnbc, Politics, President, Washington, Congress, Government, Senate, News

4.45.9K Ratings

🗓️ 12 March 2025

⏱️ 41 minutes

🧾️ Download transcript

Summary

Tonight on The Last Word: Donald Trump backs down from his latest tariff threat on Canadian metal. Also, Elon Musk won’t say Social Security won’t be interrupted. Plus, Ukraine agrees to the United States’ proposal of a 30-day ceasefire. And The New York Times reports tuberculosis is resurgent as Trump’s USAID cuts disrupt treatment globally. Catherine Rampell, Sen. Sheldon Whitehouse, and Dr. Atul Gawande join Lawrence O’Donnell.

Transcript

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0:00.0

Now it's time for the last word with Lawrence O'Donnell. Good evening, Lawrence. I'm on Blue Sky, too.

0:04.1

And thanks for telling me about, first of all, the one-minute limit, which I didn't know about.

0:07.9

And the new three-minute limit, which I'm going to love. That's a huge, it's a huge upgrade for me.

0:18.4

It's like remodeling your house before you move in it.

0:21.2

Yeah.

0:21.5

And Rachel, Catherine Rampel is on Blue Sky, and she's our first guest tonight.

0:26.7

She's my favorite.

0:27.4

Oh, great.

0:27.9

She's my favorite economics writer currently working in an American newspaper at the Washington Post.

0:34.7

And boy, is there a lot to cover.

0:36.6

And the not-so-boring old world of economics

0:41.4

and trade wars and stuff like that. It's actually, as I think I've said before, it's a really

0:47.3

exciting time to watch CNBC, which I don't say every day. But now, now it, I'm just telling you, I mean, I'm back and forth to MSNBC, but, you know, it's great.

0:59.6

I will admit to watching more CNBC and like spending more time on Bloomberg than I previously.

1:05.1

When the president of the United States tries to set fire to the U.S. economy a new way every day. You need to talk to the people who are

1:13.3

like, this is how the economy works. So this is what's on fire. It's especially fun if you've

1:18.8

watched CNBC in normal times, which I would call, say, the Biden administration,

1:24.0

the stock markets going up all the time. Because it may be a subtle change in

1:29.3

tone for people who aren't used to it, but it's really been powerful. I'm going to show some

1:33.5

of it tonight because I do think it captures this moment. And by the way, what we're going to see

1:40.6

is a professor, an economics professor at the Wharton School,

1:45.2

which has a very famous graduate who gets a lot of stuff, a lot of stuff wrong.

...

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