Unbounded Optimism-Exuberance-Technology Revolution-Age Of Trump-Podcast 707

Unbounded Optimism-Exuberance-Technology Revolution-Age Of Trump-Podcast 707

The economy is booming. Everything is getting better. Talk to a Trump supporter these days and that’s what you’ll hear. We’ll discuss it in Unbounded Optimism-Exuberance-Technology Revolution-Age Of Trump-Podcast 707.

The Economy Is Booming

A few weeks ago the Atlanta Federal Reserve, known for its bullish predictions, announced first quarter 2018 economic growth might be as high as 5.4 percent. It sure seemed to make sense, to hear main street tell it. Wall Street seemed to agree. In Unbounded Optimism-Exuberance-Technology Revolution-Age Of Trump-Podcast 707.

Wait! What? But You Said The Economy Was Booming!

This week the same Atlanta Fed announced a revision of its earlier prediction, suggesting economic growth for the United States might only be 1.3 percent. Less than the 2+ percent growth in the fourth quarter of last year, which was hardly booming.

We Have To Make Stuff, right?

We’ve been hearing it for awhile. America doesn’t make stuff anymore. Trump’s gonna fix it. Trade protection for the struggling manufacturers. Help for the broad shoulders of America’s industrial past. Trump’s gonna show ’em all. Find out if this is true in Unbounded Optimism-Exuberance-Technology Revolution-Age Of Trump-Podcast 707.

Where Is The Greatest Generation When You Need Them Say The Baby Boomers

Whether it’s your local Tea Party guy or President Clinton’s former labor Secretary Robert Reich, the chant is the same. We don’t make stuff anymore. Sudden authorities on the subject of character point to World War II heroes and 1930’s social welfare warriors as paragons of virtue. The past sure seems sweet to the baby boomers these days.

Suddenly the 1950’s are back.

Forget Big Oil and Banking Go After The Tech Guys

Especially relevant are the Steel and Oil barons. They used to be the villains. Now it’s the tech guys. Republicans used to be against regulation right? Suddenly the republicans and democrats want to regulate social media and search engine tycoons, because ‘something’s got to be done’. Listen to Unbounded Optimism-Exuberance-Technology Revolution-Age Of Trump-Podcast 707.

Smells Like Reagan But…

Administration officials talk trade protection and a weak dollar. So called conservatives add trillions of dollars in debt to pay for tax cuts. There’s talk about increasing taxes on gas and diesel and spending hundreds of billions more on building bridges and roads. There’s talk of US involvement in war in Syria and on the Korean peninsula. These are republicans?

Does that sound like the Reagan Revolution to you?

Everywhere an unseen revolution in technology is eroding and wiping away institutions, including government. The right and the left have lost their way. Big change is upon us. We’re going to have to figure out what comes next because our leaders never will

Are we?

In conclusion we can’t go back to the 1950‘s. However, we can’t seem to move forward. What’s our role in creating the future. What are the most important values in a world where human beings may live hundreds of years longer, robots will farm and manufacture, money will be on your hand held device, cars and trucks will drive themselves, drones will deliver and your robot girlfriend may be a lot smarter than you!

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Unbounded Optimism-Exuberance-Technology Revolution-Age Of Trump-Podcast 707

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Harvey Irma North Korea-DACA-Back In A News Rich Environment-Podcast 661

Harvey Irma North Korea-DACA-Back In A News Rich Environment-Podcast 661

Back to the grindstone in Harvey Irma North Korea-DACA-Back In A News Rich Environment-Podcast 661. As Texas struggles with the aftermath of one major storm, another is on the way. North Korea’s Hydrogen Bomb and a full congressional schedule means we’re suddenly we’re back in a news rich environment.

President Trump Is Santa Claus

Especially relevant is the question of whether the US Federal Government is actually Santa Claus. Make your list, check it twice. While Republicans talk about individual responsibility when it comes to disaster, concerns about debt and overspending go out the window. Another hurricane, another opportunity for presidents to wear the jacket and the hat and show up to help. It’s all about public relations. We’ll talk about it in Harvey Irma North Korea-DACA-Back In A News Rich Environment-Podcast 661.

Hug Some Babies Phase Out DACA

President Trump made the obligatory trip to the hurricane zone over the weekend, then signed an order to phase out DACA at the beginning of the week. A campaign promise fulfilled, or kicking a problem to congress? Is it wrong to suggest a complete immigration reform package passed before phasing out the program with an executive order might be a better path?

It’s a Business, right?

We expect presidents to rule through fiat. “Run It Like A Business!” Problem is Santa Claus can’t do much with executive orders. Real reform requires congressional action. Getting that done requires real political acumen of the president. Businesses can’t print money to pay off their debt. In Harvey Irma North Korea-DACA-Back In A News Rich Environment-Podcast 661.

Tax Reform Means Raising Taxes

Tax Reform now looms as the next legislative failure for a GOP majority. ‘Cutting Taxes’ might mean raising taxes in places people who voted Republican might not expect. Requiring ‘revenue neutral‘ proposals means ‘tax cuts’ rather than spending cuts. With debt over 100 percent of the GDP maybe Santa Claus should stay home. Not a chance. Find out why I say this in Harvey Irma North Korea-DACA-Back In A News Rich Environment-Podcast 661.

Bombs Away

Then there’s North Korea. They’ve got a bomb and a missile. Trump has a saber to rattle. Maybe it will work. Then again maybe the Doom Merchants on You Tube are right about September 23rd, 2017.

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Harvey Irma North Korea-DACA-Back In A News Rich Environment-Podcast 661

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Podcast 577-Bob Davis Podcasts Radio Show-55

Podcast 577-Bob Davis Podcasts Radio Show-55. As the Trump Transition rolls on, it’s The Messiah Syndrome, Partisans Painting Themselves Into a Corner and False Narratives. Eight years ago people in this country thought Barack Obama would fix everything. Obama was a God. The new Messiah is Donald J. Trump. He is going to fix everything. He has been ‘chosen by God’. Trump ‘will be defended by God’. We ‘have to pray for him’. It’s always good to celebrate a victory, but the US Presidency is a political office. All the things that are supposed to get fixed become a question of what is possible with Congress, the Courts, the executive departments and the states playing a role. When it comes to political nuts and bolts Trump supporters and most republicans can’t be bothered. From day one Messiah Trump will be embroiled a political struggle. The clock is already ticking on the next congressional cycle in 2018. Gubernatorial campaigns are already underway in many states. Cabinet Secretaries and bureaucrats don’t come from central casting. Many of the people who end up filling those positions will not necessarily be ‘Trumpers’. Many of them are Washington Insiders. Then there are the many new voices on the so called right that have emerged in the last few years. Many of them wholeheartedly endorsed Trump and they will now have to defend him. Have they painted themselves into a corner? False Narratives are also spreading like a bad virus. How and Why Trump won the election. What the electoral college is supposed to do. Russia hacked voting machines. Whatever the ‘theory’, the idea is to keep us watching and distracted. The Facts of Life present a major challenge to the future of this country. US Debt levels are over 100 percent of the total economic output of the country. Federal spending continues to skyrocket. Entitlements like Obamacare, Social Security and Medicare will swamp the federal budget in the next decades and we have plans to spend trillions on roads and bridges? We’re also facing significant foreign policy and economic challenges in the next few years. Podcast 577-Bob Davis Podcasts Radio Show-55 takes a look at what we have to do to meet these challenges in the next few years. Shouting at people in an airplane aisle, memes and tweets will not work. Sponsored by Hydrus Performance, Ryan Plumbing and X Government Cars.

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