4.6 • 4.5K Ratings
🗓️ 15 November 2025
⏱️ 30 minutes
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Click here for the full interview with Professor Richard Wolff: usefulidiotspodcast.com
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| 0:00.0 | If you need to show the financial community that you're saving money, that you're not going to go into debt, then you have to cut back on spending. |
| 0:12.0 | Giving everybody $2,000 isn't doing that. |
| 0:16.0 | You know what it's doing? It is saving your political rear end. |
| 0:21.6 | He's buying votes because he is worried, as he should be, the election of Mamdani and the other Democrats and the justices in Pennsylvania and the redistricting project in California. |
| 0:38.3 | Those were all defeats for him. |
| 0:40.3 | Everyone he endorsed lost, everyone he opposed won. |
| 0:43.3 | That's not a happy outcome. |
| 0:47.3 | We are so excited to bring you a special interview that I did with Professor Richard Wolf, |
| 0:52.3 | who's an economist, Professor Emeritus at |
| 0:55.5 | UMass Amherst, visiting professor at the new school, and founder of democracy at work. |
| 1:00.9 | And so here is a great interview that I did with him about the shutdown. |
| 1:04.8 | Also, if you would like to see the full interview where we talk about the victory of Mondani |
| 1:10.4 | and the fall of the American |
| 1:13.4 | Empire, which are not related, by the way. You can do that at useful idiots, podcast.com. |
| 1:23.5 | Thank you so much for coming back onto the show, Professor Richard Wolfe. |
| 1:27.8 | Glad to be here, Katie. It's always good talking with you. Thank you. Yes. Well, could not be more mutual on my end. I wanted to ask you about the recent shutdown and the Democrats' response to the shutdown and the shutdown of the shutdown, if you will. |
| 1:45.8 | So we just ended the longest government shutdown in American history. |
| 1:49.3 | And as people probably know, eight senators, eight Democrats voted to reopen the government. |
| 1:57.6 | In exchange, all they got was a promise for a vote on health care coverage in |
| 2:01.7 | December, and it frees to federal firings for a few months. So what is your response to the shutdown |
| 2:09.7 | and also to the way the shutdown was resolved? Well, I think the way I would handle this is to try to put the shutdown in a little bit of historical perspective and having to do with the problems that the Trump administration faces and how it is going to or try to solve them. |
| 2:33.5 | And I keep in mind two things. One, that a great deal of what Mr. |
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