World Survives Eclipse-Western Wisconsin Road Trip-Podcast 742

Sometimes an eclipse is just an eclipse. Friday’s ‘Blood Moon Lunar Eclipse‘ did not destroy the world as predicted. These days someone needs to keep track of the soothsayers! We’ll talk about it in World Survives Eclipse-Western Wisconsin Road Trip-Podcast 742.

Best Economic Growth Ever!

Friday also marked the release of first quarter Gross Domestic Product numbers. To hear the president tell it, 4.1 percent economic growth is historic. Hear my take on the first blush of reporting on the good economic news in World Survives Eclipse-Western Wisconsin Road Trip-Podcast 742.

Does It Matter?

On a desolate lake road in Western Wisconsin at midnight, in the full moonlight, one wonders whether any of that matters anyway! What’s more the silence here in the middle of nowhere is incredible.

No Rules No Prep

I took a short road trip to what we like to call “God’s Country” to talk about organic farming. I’ll take that up in the next podcast. Every now and then I have to do walk and talk podcasts. No rules. No Prep. I call these ‘consolidation podcasts’.

A Midnight Walk Is Good For Making Sense Of It All

Because things seem to happen so frequently, following the news can be a head spinner. I do these walk and talk podcasts, usually at midnight, to try to make sense of it all.

News Flash! World Doesn’t End!

Furthermore last week the boomers were predicting the end of the world after the big eclipse. On top of that we are whipsawed by reactive coverage of the news. Getting subscribers and listeners to the Bob Davis Podcasts on track at the beginning of the week is one of my missions.

Good News Is Good News

Most noteworthy for this podcast is the release of the new economic data. 4.1 percent GDP growth in a single quarter is not unprecedented or even historic. It is good news. The key here is what caused the growth? Moreover is the growth sustainable?

Finding Truth At Midnight

In conclusion this week you may hear a lot of chatter about the economic numbers. Due to partisanship equal amount of chatter passing for ‘analysis’ will be negative and positive. Above all listeners wonder what to look for to find information without partisanship.

Sometimes you find a little bit of truth on a quiet country road in the mist and moonlight!

Sponsored by Ryan Plumbing and Heating of Saint Paul

World Survives Eclipse-Western Wisconsin Road Trip-Podcast 742

 

Podcast 613-Rising Tide? Trump’s Minimal Economic Impact

We’re Growing Again Right?

Trump ballyhoos new numbers. Seems like the new president is turning our economy around. A rising tide? What does an improving economy look like? Are there actions that cause real economic growth? Do you think new leaders are taking those actions?

Republicans Know How To Fix The Economy Right?

Deregulation. Tax cuts and reform. Infrastructure construction. Campaign Pledges were made. Pledges spurred optimism. Furthermore promises can be kept because republicans are in charge and republicans understand business. So the story goes.

Trump Has Already Started Making Things Better Right?

Trump claims credit for the new numbers. Can a new president have an economic impact after less than 90 days?

What’s Better?

How do you define economic success for the United States? Better job? More money? Saving a job? Getting a loan for business or housing? Seeing your 401K account fatten because of stock performance? Cheaper gas? GDP? Productivity? Improved employment? Interest Rates? Jobs coming back to America? Consequently how do you know when it’s working?

What Has Been Done?

Because of the new numbers coverage exploded. However, what have Trump and the new Congress actually done? Executive orders on regulation. Business and the environment. Pipelines. Budget cuts. Trade and the budget. In conclusion, is there an impact on the economy overall?

How Do You Know?

Who are the people that put these reports together and what methodology do they use? How do economists and traders judge these numbers? Seems like people accept them at face value. Should you place confidence in these reports?

What Actually Works?

Are there specific actions that can be taken to grow our economy? If business and economic philosophy is important, what do our leaders believe? Do you think there is a standard approach to economics and government in Washington? More importantly, we know ideas counter to the current approach exist. Will the new congress and president embrace them?

Back To The ’50’s

Let’s face it. We have a sclerotic, 1950’s style government. People are developing and using new technological tools developed for the 21st Century. Moving fast toward building a new world. Block Chain Currencies. Improved Communication tools. Robotic manufacturing. Higher productivity. Government might be out of step with those developments.

Sponsored by Ryan Plumbing and Heating of Saint Paul.