Thom Hartmann Program - 1 Hour Edition - 12/03/18 - As George HW Bush lies in state, from Nicaragua to North Dakota, has Reaganism come home to roost in the form of massive income inequality? As life expectancy grows shorter in America after 37 years of Reagonomics, the middle class has been devastated for many, but will they figure out they've been had?
The Hartmann Report
Thom Hartmann
4.5 • 1.3K Ratings
🗓️ 3 December 2018
⏱️ 62 minutes
🧾️ Download transcript
Summary
As George HW Bush lies in state, from Nicaragua to North Dakota, has Reaganism come home to roost in the form of massive income inequality? As life expectancy grows shorter in America after 37 years of Reagonomics, the middle class has been devastated for many, but will they figure out they've been had? America is becoming a nation of cartels, says Professor Robert Reich, former Secretary of Labor under Clinton, and prolific author. Thom asks what we can do about it? Thom further considers the question of massive income inequality, and what effect it will have on the economy when demand is limited by the depressed incomes of ordinary working people. Why hasn't the 'horse and sparrow theory' saved us after 37 years? Listeners respond. Former Republican Congressman Chris Shays engages with Thom on the disaster that is Donald Trump, but with a warning. And he and Thom festively kick back and forth questions surrounding income inequality. And listeners get in the game too. Former Republican Congressman Bob Ney helps Thom put Progressive efforts in Congress in the context of Congresses past. Rich in Washington state wants to know if Republicans will ever admit the deadly serious consequences we live with today that stem from Reaganism.
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Transcript
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| 0:00.0 | This is the Tom Hartman program. |
| 0:15.0 | Greetings my friends, Patriots, lovers of democracy, truth and justice, |
| 0:21.0 | believers in peace, freedom, and and the American way a lot of news |
| 0:25.1 | George Herbert Walker Bush died I'm not a big fan of speaking ill of the dead |
| 0:30.4 | at least before they've been buried. I'm going to move to Friday our |
| 0:35.0 | conversation about George Herbert Walker Bush. There are a number of things about |
| 0:38.4 | his legacy that are quite troubling that seem not to be being discussed in the |
| 0:41.8 | news. |
| 0:42.6 | Mostly everybody's just kind of engaging in an orgy of, oh my God, |
| 0:46.3 | compare that man who, regardless of the terrible things |
| 0:50.7 | he might have done, was probably not a sociopath |
| 0:54.8 | and certainly not a pathological liar when he did lie it was very carefully |
| 0:58.8 | constructed |
| 0:59.9 | but everybody's comparing him to Donald Trump right now which is kind of funny |
| 1:03.5 | uh... and kind of sad |
| 1:05.1 | but a lot to get through in our program today |
| 1:07.8 | but i want to start with general motors |
| 1:10.6 | the way that trump and the Republicans sold us their $5 trillion tax cut for rich people with a trillion and a half of it in the first year, |
| 1:20.0 | borrowing that money from the federal treasury in our names and then passing that money |
| 1:25.4 | out to the billionaire class in the United States, particularly those billionaires who have |
| 1:29.9 | funded the Republican Party. |
| 1:31.6 | You know, invest a few hundred million dollars in the GOP. |
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