Jim Hightower's Lowdown

Spookinomics


Listen Later

Trump’s White House seems to be both spooked… and spooky.

Check out a 72-page “spookinomics” report issued right before Halloween by his Council of Economic Advisors. It reads like an endless Trump tweet, focused on his perceived political enemies and riddled with fantasies, lies, and paranoia about the policies of progressives.

A la Joe McCarthy, Trump’s economic advisors spew conspiracy theories about the proposals of Elizabeth Warren, Bernie Sanders, and other democratic populists, frantically linking them with “Failed Socialist Policies” of Lenin, Stalin, Mao, and other communist dictators. Bernie’s commonsense ideas of Medicare-for-All and free college education, for example, are hysterically decried as totalitarian designs from China and the USSR. Likewise, the report compares Warren’s assertion that corporate giants are dodging their tax obligations to Lenin’s demonization and killing of yeoman farmers.

In this ludicrous, right-ring political screed – paid for by us taxpayers – the fraidy-cat Trump scaremongers toss in the supposedly spooky word “socialism” 144 times – an average of twice per page! Among the horrors that the Trumpistas cite is that Bernie Sanders and Elizabeth Warren have stated that “large corporations… exploit human misery and insecurity, and turn them into huge profits,” and “giant corporations… exploit workers just to boost their own profits.”

Excuse me, learned scholars, but all of that happens to be true, as the great majority of Americans know from experience. Trump’s economists also inform us that if the US adopted Venezuelan policies our economy would shrink by 40 percent. Well, perhaps, but here’s the thing: No one is proposing we do that.

What’s really spooky is that these know-nothing ideologues are actually advisors to a president of the United States.

White House Sees Threat To Economy: ‘Socialists,’The New York Times, October 24, 2018.

...more
View all episodesView all episodes
Download on the App Store

Jim Hightower's LowdownBy Jim Hightower

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

334 ratings


More shows like Jim Hightower's Lowdown

View all
On the Media by WNYC Studios

On the Media

9,101 Listeners

CounterSpin by Fairness & Accuracy In Reporting

CounterSpin

491 Listeners

Best of the Left - Leftist Perspectives on Progressive Politics, News, Culture, Economics and Democracy by BestOfTheLeft.com

Best of the Left - Leftist Perspectives on Progressive Politics, News, Culture, Economics and Democracy

3,358 Listeners

Ring of Fire Radio with Farron Cousins by Audio Matters LLC

Ring of Fire Radio with Farron Cousins

477 Listeners

Ralph Nader Radio Hour by Ralph Nader

Ralph Nader Radio Hour

1,172 Listeners

The New Yorker Radio Hour by WNYC Studios and The New Yorker

The New Yorker Radio Hour

6,642 Listeners

The Nation Podcasts by The Nation Magazine

The Nation Podcasts

395 Listeners

The DSR Network by The DSR Network

The DSR Network

1,731 Listeners

The Hartmann Report by Thom Hartmann

The Hartmann Report

1,352 Listeners

The Atlantic Interview by The Atlantic

The Atlantic Interview

1,742 Listeners

Gaslit Nation by Andrea Chalupa

Gaslit Nation

3,950 Listeners

The Al Franken Podcast by ASF Productions

The Al Franken Podcast

8,687 Listeners

Brian Lehrer: A Daily Politics Podcast by WNYC Studios

Brian Lehrer: A Daily Politics Podcast

676 Listeners

The PoliticsGirl Podcast by Meidas Media Network, Leigh McGowan

The PoliticsGirl Podcast

4,146 Listeners

Letters from an American by Heather Cox Richardson

Letters from an American

5,034 Listeners