Podcast 362

No Growth Economy. New numbers say the US Economy grew by only .2 percent. Yet still, the Federal Reserve says the economy should grow now in the second quarter. Never mind all the ‘experts’ predicted 2015 would be a ‘blow out’ year, and that they have been revising their predictions down all through the quarter, they were still way above what the numbers actually show. Excuses? They have a few. The weather. The work slow down at the Port in Los Angeles. The weather. The strong dollar. Did I mention the dollar? The US has now had quarter after quarter of slow, no, or only anemic growth, and yet the Obama administration and its apologists, and the bone headed financial media call it a ‘boom’. Meanwhile small and medium sized businesses all over the country know it for what it is. A no growth economy. Why do business writers believe things will change if the policies don’t change? Does the consumer really account for 70 percent of the economy? What if we’re using the wrong tools to stimulate the wrong things? What’s that old saw about the definition of insanity? Banks aren’t lending because they can make more money borrowing at the discount window, reinvesting in the stock markets. Companies aren’t investing because they’re buying back their own stocks. The US corporate tax rate is the highest in the world (by far), and the tax code is so complex it costs us dearly in productivity lost (while we comply with the tax code) and literally billions of dollars spent complying with its byzantine rules. Regulations of all kinds make it almost impossible for small and medium sized businesses to grow. What are the policy ideas we need to hear from candidates (which we’re not hearing) to fix the economy. It’s not about inequality. It’s not about ‘reformicon’ tax policies (which are actually democrat tax policies warmed over), or making the government work more efficiently. In this podcast, some ideas you may agree or disagree with, but it will definitely start you thinking. Sponsored by Ryan Plumbing and Heating and X Government Cars. 

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Podcast 300

Republicans and Rhetoric. Wasn’t able to tape tonight’s appearance at the SD-61 Chili Dinner and Contest. Thanks to everyone who showed. Podcast 300, aside from being a milestone for The Bob Davis Podcasts, gives the listener an idea of what was discussed. One usually comes away from these kinds of events feeling a little uneasy, especially when hard political issues are discussed. I usually write these podcast notes in the third person, but not this time. I am either seeing things others don’t see in the political process — out in front of the vanguard so to speak — or the things I am seeing and feeling are internal issues and aren’t really there. At this weekend’s big confab in Iowa, the good news is that Wisconsin Governor Scott Walker was able to connect in a personal and substantive appeal to the conservatives gathered in the Hawkeye state for Congressman King’s event. The bad news is that Donald Trump and Sarah Palin made purely rhetorical appeals, which I think damage the so called conservative ‘brand’. Now, since it was a Republican get together I don’t expect good coverage from most of the media, but some of the things said were just not helpful. Aside from involvement in local politics, if so called conservatives are going to be able to argue their points, they are going to have more than just rhetorical arguments. If all Republicans are going to do is bray in an attempt to persuade, or shock, without eliciting any information, it is going to be a very long election cycle from next fall, to November of 2016. It is possible to persuade and inform. The problem is what do Republicans want to do? What do they stand for? What’s their plan for the long term? As people shift from outrage and frustration to addressing a kind of inner challenge, do any candidates in any political party understand that challenge? Mostly what I hear is a lot of empty talk about values and outrage and demands. Is that connecting with people? We talked about some of this at the SD61 event, and I review that conversation in this podcast. Sponsored by Depotstar. 

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Podcast 140

Top stories update. Get connected on breaking news as the week begins. Almost 5 billion dollars given to states to research and create health care exchanges, and already half a billion has been wasted on wash out health exchanges in Massachusetts, Oregon, Nevada and Maryland. Also on the problem list? Hawaii and Minnesota. Brings new meaning to the phrase ‘throwing money down a rat hole”. What has 100 billion dollars in debts and a failing business model? Why the US Post Office, that’s what. The poster children for why central – or federal – government funded programs are a mistake. Amtrak, the US Post Office and of course Obama Care. Meanwhile, more companies are fleeing the high tax, heavily regulated environments in California … and the United States … and England benefits. Who won the revolution? As the Select Committee to investigate the Benghazi incident and its coverup by the White House is empaneled, the left wing media suddenly starts talking about the potential impeachment of President Obama. Is it a good idea politically? And, if Pope Francis doesn’t like Harvard’s Black Mass, why is he listening to the Devil on economic policy? Sponsored by Ryan Plumbing and Heating of Saint Paul.

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