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.

 

Podcast 374

Dandelion Fire. Usually I don’t write podcast liner notes in the first person, but this podcast starts with a bit of my frustration with politics at this time. The actual presidential election is in 2016, but the way candidates and potential candidates are being covered, you would think it was next week. Can you imagine how sick and tired we will all be of this, in November of 2016? What’s the reason for all this coverage? A score or more of ‘candidates’ on the republican side. Most of which haven’t a prayer, but that doesn’t stop them. These Republican candidates are kind of like Ray Donovan’s father, Mickey. At the beginning they’re kind of fun, and very quickly you just wish they would leave. The first republican ‘presidential’ debates are scheduled for this August. THIS August. Meanwhile, while it can be said democrats have an uphill struggle for the presidency in 2016, losing an incumbent president, and the 2014 off year elections, there’s really only one democrat anyone in this country sees on a day to day basis. Analysts have seemingly missed the tremendous value Hillary Clinton will gain from her face, voice, words, and activities being covered 24/7, and talked about by republicans bent on her destruction. No wonder she has the highest name recognition of any candidate. What is the republican strategy with all this? Who knows. I don’t think they know. With Rick Santorum, Bobby Jindahl, John Kasick and Lindsay Graham about to add their names to the list, the republican presidential field is starting to look as big as congress itself! The new US Attorney General says Soccer in the US is corrupt. Meanwhile, in Minneapolis a rich businessman is trying to get taxpayers to foot the bill for a soccer stadium. Why is it you never hear inequality discussed when it comes to sports stadia? The Pedal Pub Stupidity continues in Minneapolis, with those arrested after they showed their ‘hate’ for pedal pubs by attacking one carrying a raft of off duty Burnsville Police Officers, using high velocity squirt guns and water balloons. Now comes the charges of abuse and – shock – profanity! And the blame of social media, from the University of Minnesota. Who’s to blame? The knuckleheads that thought attacking pedal pubs was a good idea. Those arrested were all adults in their twenties, thirties and forties. Some will be charged with felonies. Hopefully they will have a chance to mature in the work house. The Tribune screams, ‘Bridge Collapse’. A rail road bridge, that was on fire, in Northern Minnesota, had to be destroyed. Wait for the recriminations about ‘infrastructure’. Just remember, the Keystone Pipeline would have taken the pressure off rail to haul oil from North Dakota and Canada. Finally, a discovery about those white, snowflake like dandelion seed pods floating through the air. Sponsored by Ryan Plumbing and Heating of Saint Paul.  

Podcast 366

Build The Pipeline! As another oil train owned by Warren Buffett derails and sends flames into the air, Minneapolis and Saint Paul media can’t bring itself to mention this would not be necessary if President Obama had followed bipartisan legislation, and built the Keystone XL Pipeline. The Star Tribune licks its chops whenever there is a chance to print a story which shows North Dakota in a negative light, and nothing says passive-aggressive like a burning oil train. Just another reason why Minnesotans are so ill served by this parochial and paranoid newspaper’s editorial staff. Wasn’t a new owner supposed to fix that? Along the same lines we are told a ‘new study’ shows traffic congestion in the Twin Cities is getting worse! The cities now ranks 35th in traffic congestion nationwide. Forget there are 50 states, and that Minneapolis and Saint Paul is generally considered the 15th or 16th largest market, looks like it is punching below its weight, traffic congestion wise. Oh yeah, the studies were done by MNDOT, and by the Met Council, two agencies with a big stake in whether the draconian increase in the state gas tax passes. Meanwhile, MNDOT seems to be causing most of the congestion by insisting on doing things like changing signs on the Mendota bridge in the middle of rush hour, which recently caused a massive traffic jam, or taking out the bridge over highway 100 on Minnetonka, turning traffic in the west metro into a parking lot. What causes congestion? Incompetence and idiocy in our much vaunted state government agencies, and the politicians responsible for them. God Help Us! The worst days? Tuesday morning and Thursday afternoon, as state workers put in their usual 3 day work weeks and head to the lake. Meanwhile the LRT boosters are at it again. Forget about the fact that the Southwest Light Rail Project engineering work was bungled, that it is hundreds of millions over budget, we need it because suddenly the jobs are in Eden Prairie and people from downtown have to get there to work. The nature of work is changing. After a Bob Davis podcast about freelance work in LA, the New York Times published a piece on whether freelance work LA style is going to be the future model for how work gets done. Emphatically yes! Meanwhile, at nearly 2 decades into the 21st century, these fools in government keep insisting on rebuilding the early 20th century city. Is America moving left? Polls say it is. But, what influences polls? Events. And events can change politics. Still, we don’t hear Republicans saying much these days about what they would actually do, to get people to vote for them. One thing they could do is something about a government that no longer protects our rights but tramples them. Over a thousand IRS employees were apparently promoted for cheating on their taxes. The Federal government says New York City has to take the lighted signs down from Times Square (New York says No Friggin Way!). And ‘Draw Muhammed’ event creator Pamela Gellar hasn’t heard from homeland security despite the fact that her life has been threatened by ISIS. Did we forget the DEA agent orgies paid for by the drug cartels, and the fact that the agents who admitted attending can’t be fired because of government regulations? Sponsored by Baklund R&D. (Photo from BNSF.com