The Recession Will Be Televised (with Doug Sosnik)

Hacks On Tap

David Axelrod & Mike Murphy

News Commentary, News, Government, Politics

4.8 • 7.7K Ratings

🗓️ 11 March 2025

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Hacks are back, and so is the economy’s latest identity crisis. This week, Heilemann and Murphy are joined by veteran political strategist and former Clinton White House advisor Doug Sosnik! The Hacks break down the tariff wars, Wall Street’s reaction to Trump, the Tesla chainsaw massacre, government waste, the art of friendly media, and much more. Buckle up for some classic Hackery!

Transcript

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0:00.0	Hey, pull up a chair.
0:10.0	It's Hacks on Tap with David Axelrod and Mike Murphy.
0:14.0	Are you expecting a recession this year?
0:23.6	I hate to predict things like that.
0:27.6	There is a period of transition because what we're doing is very big.
0:32.6	We're bringing wealth back to America.
0:34.6	That's a big thing.
0:36.6	And there are always periods of, it takes a little time.
0:42.1	Well, there we are. Well, wealth is moving. I'm not sure it's coming back to America. It might be
0:47.3	fleeing the stock market. A buddy of mine in the trading business says you can get a red MAGA hat now on
0:53.8	the floor for
0:54.4	two cents prices are dropping on that commodity quickly in wall street but to sort out the big
1:00.6	macro picture here johnny howellman we brought in somebody who's not only an astute political
1:05.9	strategist with the long history and democratic politics, but a bit of a political historian.
1:11.9	Why don't you introduce our guest? That's right. The one and only Doug Sosnik, man, myth, legend.
1:16.7	The man who did The Impossible back in 1996, when everyone said Bill Clinton was screwed,
1:23.7	managed to bring him back to political health and get him reelected in 1996. And Doug, as you listen to Donald Trump suddenly turned into Confucius there,
1:31.2	like the man who has no patience, the market is everything.
1:34.9	All of a sudden it's like, we must take time, grasshopper.
1:37.5	Everything requires a little bit of time, patience, people,
1:40.3	don't pay too much attention to the markets.
1:41.7	What do you think about that?
	...

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