Robert Reich: Donald Trump's Stagflatopom

Impolitic with John Heilemann

Audacy | Puck

News, Politics

4.8 • 4.2K Ratings

🗓️ 7 March 2025

⏱️ 74 minutes

🔗️ Recording | iTunes | RSS

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Summary

John is joined by former Secretary of Labor Robert Reich to discuss Donald Trump’s joint address to Congress and his already beleaguered economic agenda. Reich argues that Trump’s speech was most striking for its lack of focus on the concerns (notably, the high cost of living) most responsible for his reelection; his administration's policies (including but not limited to stiff tariffs on foreign goods) are bound to exacerbate those concerns; the worst fears of Wall Street—that America is headed for a bout of stagflation—are likely to prove prescient; and Elon Musk’s desire to mess with Social Security is a political disaster in the making for the White House and the GOP. Reich also addresses James Carville’s advice that Democrats play dead and let Trump 2.0 self-destruct: “It’s bullshit.” To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

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0:36.7	Aloha and namaste everyone and welcome Tim Politick with John Heilman at Puck and Odyssey Joint,
0:41.7	featuring lively and depth conversations with the people who roam the corridors of power and influence in America,
0:46.7	weaving the warp and weft of our politics and culture.
0:50.4	On Tuesday night, Donald Trump trundled up to Capitol Hill to deliver his joint address to both
0:55.9	houses of Congress. One way of describing the speech that he had corked would be long.
1:03.3	Blessedly, it was shorter than Sunday's Barathon Oscar's ceremony, but still clocked in at 100
1:08.8	minutes, the longest such oration in modern history.
1:13.4	Another way of describing the speech would be boastful, boundlessly partisan, and abundantly
1:20.9	marbled with bullshit.
1:23.5	Say typical Trump.
1:25.4	Still another way to describe the speech would be
1:28.7	as the rhetorical equivalent of a short, stubby,
1:33.2	sausage-like middle finger extended in the direction of Washington
1:36.9	Democrats, traditional U.S. allies abroad,
1:39.2	the National Press Corps, and every voter in America,
1:42.4	who disagrees with Trump on anything.
1:45.3	What the speech was not, except on Pasant, was a even perfunctory effort to address the central
1:53.6	issues that got Trump reelected and that continue to be central to the electorate,
1:58.1	including millions of his own supporters, the worrying state of the U.S.
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