In a speech in Ohio on Monday, Trump said it was “treason” for the Democrats not to applaud him during his State of the Union speech. Tuesday, his spokesperson said he was just kidding. Joan Walsh says it’s not treason—and he wasn’t kidding. Maybe he was just diverting attention from another issue: What happens if Trump refuses to meet with special prosecutor Robert Mueller?

Also, here comes the next financial crisis: maybe not this week, but eventually—and Republican deregulation, undermining the institutions designed to protect us, will make it much worse. Nomi Prins explains.

Plus: Remember when Trump said we should get fewer immigrants from “shithole countries,” and more from places like Norway? Ann Jones lived in Norway for four years; she explains what Norwegians might bring to the United States if they did come: a commitment to equality in health care, education, and a dozen other necessities.