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Economic Update with Richard D. Wolff

Trump 2.0 The First Year: An Assessment

Economic Update with Richard D. Wolff

Democracy at Work

Politics, News, Government

4.82.1K Ratings

🗓️ 17 February 2026

⏱️ 31 minutes

🧾️ Download transcript

Summary

This week on Economic Update, Professor Wolff provides an assessment of the first year of Trump's second term in office, covering how he inherited the problems of a declining empire and proved unable, or unwilling, to stop or reverse the decline, and how that flows in part from the ways the Republican and Democratic parties operate and in part from the difficult conditions both face. The results at the end of the first year are very poor for both parties.

 

The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so.  You can support our work by joining our Patreon community:  https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate     Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else.  We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Transcript

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0:00.0

Welcome, friends to another edition of Economic Update, a weekly program devoted to the economic

0:27.5

dimensions of our lives and those of our children.

0:31.6

I'm your host, Richard Wolfe.

0:34.9

Before we begin today, I want to let everybody know that enrollment for the Left Education

0:41.1

Project spring classes is now open. These are classes that are available online, and they cover

0:52.9

a range of topics I think you will find interesting.

0:58.1

It's your opportunity to learn directly from accredited university professors getting

1:04.9

together based on their own research and teaching to offer these courses.

1:12.4

They're for academics, but they're also for activists and they're for the interested

1:18.4

general public.

1:20.1

I will be teaching a course on Marxian class analysis, together with Professor Sharam

1:26.9

Azar of Bucknell University. That will be on

1:31.2

Wednesdays from 4 to 6 Eastern Standard Time beginning March 4th for four consecutive

1:39.1

weeks. If you want information about that or any other course, please go to www.

1:47.7

Leftforum.org L-E-P for Left Education Project.

1:57.4

We want to make these types of educational activities more widely available.

2:03.4

Please help us spread the word, let other people know, encourage them to register.

2:10.2

I think anyone who takes any of these courses will be glad of what they get and glad that

2:16.8

they participated in doing it.

2:19.8

You can of course also support our work by going to our website, Democracy at Work.Info.

2:28.0

Or by participating in our growing substack community, Democracy at Work.substack.com.

2:38.1

And you might be interested in our members-only extra material available by joining our

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