This week on Economic Update, Professor Wolff explores the historic
parallels of the U.S. working class and politics in the U.S. He begins
by exploring how and why the Great Depression of the 30’s married the
U.S. working class to FDR’s Democratic Party and then explains how that
led to both the Democratic and Republican parties becoming
pro-capitalist - which has led to both parties presiding over the
exponential growth of income and wealth inequalities along with the
political power the richest 10% have, and exploit, over the working
class in the U.S. today. Professor Wolff goes on to show that because of
this, Trump landing in the White House was a result of the working
class’ disgust with both parties. Professor Wolff ends with a discussion
about the implications of this history for the upcoming 2020 election.
Part of the Problem #476 - Is Recession Coming?
Dave Smith and Robbie the Fire Bernstein bring you the latest in politics. On this episode of Part Of The Problem Dave and Robbie take a close look at the signs we are heading into a massive recession, and how the blame could rightly be placed on Trump based on the presidents own metric of success, and we also hear about the trip some members of congress recently were turned away from. Dave and Robbie also discuss the Israel/Palestine conflict.