Trump's Drastic Cuts: Federal Workforce, Services & Billionaires' Taxes
The Socialist Program with Brian Becker
The Socialist Program
4.7 • 587 Ratings
🗓️ 19 February 2025
⏱️ 33 minutes
🧾️ Download transcript
Summary
On today's episode Nicole Roussell and Prof. Richard Wolff dissect the Trump administration's huge cuts and threats to the federal workforce and how that's related to credit card companies' huge increase in interest rates.
Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.
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Transcript
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| 0:00.0 | Trump and Musk are threatening, firing, and enacting racist policies against the federal workforce |
| 0:05.7 | while claiming that this is good for Americans. |
| 0:08.6 | Credit card interest rates have shot up over the last 10 years, and an increasing part |
| 0:12.0 | of our paychecks are just paying credit card companies. |
| 0:16.1 | We need a new system. |
| 0:17.7 | We need a new society. |
| 0:19.6 | We need to demand that which may have sounded impossible |
| 0:22.6 | even a few weeks ago, but is not only realizable, but an imperative necessity. |
| 0:27.6 | The We are very excited to have Professor Richard Wolfe join us for a regular weekly segment |
| 0:55.0 | where we discuss the biggest stories relating to the economy, the state of the working |
| 0:58.4 | class, and the crimes of big business. |
| 1:01.0 | I'm Nicole Roussel, sitting in for your host, Brian Becker. |
| 1:04.1 | The Socialist Program brings you content several days a week thanks to the support of our |
| 1:07.7 | patrons at patreon.com slash the Socialist Program. |
| 1:11.0 | We appreciate all of your support and encourage you to become a patron today if you enjoy listening |
| 1:15.9 | to the show. Richard Wolfe is the co-founder of the organization Democracy at Work and the author |
| 1:21.0 | of many books, including Understanding Capitalism, which is available at democracy at work.Info. |
| 1:26.5 | All right, so we have a couple topics today, Richard, that we want to talk about. |
| 1:30.5 | And one of them is about these huge federal job cuts that are happening. |
| 1:34.3 | I want to read to you from a really useful piece in the Wall Street Journal that outlines where, |
| 1:41.1 | or really just more about the federal government workforce. |
| 1:44.1 | I mean, Trump and Musk are pretending in an extension of this sort of, quote, unquote, |
... |
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