This is the Tom Hartman program.

And greetings my friends, patriots, lovers of democracy, truth and justice,

believers in peace, freedom freedom and the American way.

Tom Harbin here with you back home in Portland, Oregon in our studio here and so glad to

be back home here with Sean and Nate and Joyce and Louise and great to be back.

I want to start out with this question when the economy crashes, we just

entered the longest expansionary phase in the history of the United States,

literally going back to the George Washington administration.

And I have been saying since 2016, you know, I was predicting that the economy would crash in 2016.

And it turns out the 2016 was in fact the year that the economy stopped growing,

except for debt. And so what's been happening since 2016, three years

now and really in some ways since 2015, maybe four years, is that the only growth that's happening in the

economy has been happening because either government is borrowing money, you know, Trump borrowed

one and a half trillion

for example that haven't it worth twenty two trillion dollars in our national debt

now which is pretty huge it's about the same size as our annual GDP maybe even a

little larger the number one government borrowing, number two, corporate borrowing,

is at an all-time high, and number three, individual borrowing,

family borrowing, which is at an all-time high.

And all of these numbers now as a percentage

of the economy, I mean you can't compare dollars to dollars, but basically relative

to where we were in 1929, the last time there was a major crash, we hit

...