Trump Foreign Trade Fight-Free Trade-Protection-Bob Davis Podcast 737

President Trump slapped tax increases on goods imported to the US from Europe, China, Mexico and Canada. Our trading partners retaliated with their own tariffs. Now what? Find out in Trump Foreign Trade Fight-Free Trade-Protection-Bob Davis Podcast 737.

What Is A Tariff Anyway?

Finally someone has defined what a tariff is. Moreover you might be surprised to learn the history of trade legislation in the United States goes back to 1789.

These days we are awash in charges and counter charges in the media. Trade Wars and Rumors of Trade Wars. This kind of coverage doesn’t serve anyone.

1945 Looms Large In Trade Discussions

Most noteworthy is the impact of World War 2 and the advent of nuclear weapons in 1945. Since then, trade deals have been  considered central to keeping the peace and stabilizing the world.

Trade Has Been A Political Football since Hamilton

Trade has been regional and national issue in the United States in every political era. None other than Alexander Hamilton was an advocate of high taxes on imports going back to 1789.

Trump A Throw Back To The 1840’s?

Moreover tariffs were an issue in local and national politics in the US until the introduction of the Income Tax in 1913. Is President Trump a throw back to the 1840’s? Find out in Trump Foreign Trade Fight-Free Trade-Protection-Bob Davis Podcast 737.

NAFTA China Mercantilism Free Trade

We hear so much in the news about trade but few of us understand it. China. NAFTA. Mercantilism. Trade Protection. Free Trade. As citizens we need to make informed decisions about what is best for each of us individually and the country. With all the noise about trade it’s almost impossible for people to do that.

Especially Relevant Today As It Was Back In The Day

In conclusion with yet another new trade bill in the offing the question of whether the US should protect its markets or open them is as relevant today as it was in 1789.

Sponsored by Reliafund Payment Processors and Ryan Plumbing and Heating of Saint Paul

Trump Foreign Trade Fight-Free Trade-Protection-Bob Davis Podcast 737

Trump Rebuild America Infrastructure Plan Not Conservative-Podcast 689

President Trump has convinced republicans he is a conservative. But his spending and building plans will pile on the debt. We’ll talk about it in Trump Rebuild America Infrastructure Plan Not Conservative-Podcast 689.

Debt and Deficit Spending Is Conservative, right?

Republicans sell their tax plan as a boon to the economy, despite a potential 1.2 trillion dollar budget hole by 2025. Moreover, after the new year President Trump will introduce an infrastructure plan that will add more debt. Deficit spending and public works projects are not conservative economic ideas.

Its Supply Side Economics Right?

For years republicans have touted the idea of shifting our economic approach to producers rather than stimulating consumer demand. That’s what they think this president is doing. Truth is President Trump and the GOP will not actually be testing so called supply side economic ideas.

In Trump Rebuild America Infrastructure Plan Not Conservative-Podcast 689 I review exactly what Supply Side economics is. What’s more, I’ll explain how Team Red might be more than a little surprised to learn their economic policies are more closely related to the famous progressive populist Huey Long than Ronald Reagan.

Rah Rah Team Red

Holiday season is a great time for get togethers with friends and family. Politics is a topic of conversation during these get togethers. Republicans celebrate an economy that’s growing wildly, already. Since government spending is a component of our calculations for ‘the economy’, spending and borrowing can create what looks like growth.

It’s The Spending

Lower tax rates, especially for corporations can help producers and spur economic growth. What about higher spending and bigger deficits? Sounds to me like republicans and democrats are practicing two sides of the same approach to economics. Deficit spending and more debt to spur economic growth.

Welcome To Louisiana

In conclusion team red people may cheerlead for anything their president and congress does as it is their right. Just be honest. Go ahead and wrap yourself in the flag and religion, but Team Red isn’t conservative and neither is President Trump.

Sponsored by Brush Studio In The West End and Ryan Plumbing and Heating of Saint Paul

Trump Rebuild America Infrastructure Plan Not Conservative-Podcast 689

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

Podcast 262

White Line Fever. Road Trip Return! The trip back to Minneapolis, staying in the warmth of the southern late fall for as long as possible. Richmond, southwest to Roanoke, Virginia and then onto Nashville, Tennessee. Passing through Bristol, Virginia and Knoxville, Tennessee and all points in between. You know all that talk about ‘infrastructure’ in the US? How we need new roads and bridges? With many miles covered on these Road Trip Podcasts, there have been few – if any – pot-holes, rotted bridges, or signs of any crumbling infrastructure. Even cities like Bristol, Virginia and Roanoke feature new construction, smooth roads, brand spanking new housing developments, and new and thriving downtown ‘urban’ experiences like Farmer’s Markets, yoga studios and the like. There are so many smooth roads you can get ‘white line fever’ rolling through hills and gentle turns, as traffic comfortably hits eighty plus mile an hour speeds. Sounds like a science fiction novel, but it is true. From the Twin Cities east, all the way to Virginia, and now coming back across the mid south, it’s hard to find evidence of ‘decaying infrastructure’, not to mention all the shiny new cars! Hear tips on how to travel fast and easy, avoiding speed traps, and getting a boat load of coffee before departure. As we ease back into the work week after a long Thanksgiving Holiday, some thoughts about what we should be hearing from politicians in Washington; how to make our economy thrive, not just ‘do better’. Traveling across the country this quickly, you can’t help but notice the developing economies of small, medium and large sized cities you pass through, especially outside the center cities. The overall effect is optimism. Americans are still innovative, and ready to work. Its about time our lawmakers understood what to do, how to do it, and how to talk about it so they can get what they need to get done, so we can get done what we need to get done. Sponsored by Baklund R&D.

Podcast 207

If nothing changes. If nothing changes…nothing changes. Does it feel, sometimes, as if things seem like they are about the change, but they don’t? Sometimes there are long periods of ‘stasis’. Some interpret this as a positive, but it can be negative. While the media thrives on making viewers and listeners think huge changes are right around the corner; Prosperity is just ahead, War is about to break out, Disease threatens us all, then…nothing. With the jobs numbers last week, the the ongoing situation with slow or no economic growth, the slow down in the foreign affairs situation, the political pundits talking about a wave election for republicans one week, and no wave the next, Mitt Romney making noises again, and Hillary Clinton talking about running, it sure feels like 2008, or 1999? The world is on the verge of great era. Advances in manufacturing, communications, robotics, autonomous agents, software, medical science, even physics may be forming the building blocks of a world those of us born in the 20th century will not recognize. But getting there means huge changes, and getting through those changes will not be easy. We are living through a low ‘stasis’ point. Our leaders, republican and democrat, do not know what to do. We don’t know what to do. Everyone seems to be looking to someone else to solve problems, and yet problems never seem to get solved. The language remains the same; systemic problems in the labor force, a collapse – or boom – on wall street, republicans are against democrats and so on. A change agent is coming. Call it a black swan event, singularity, or whatever you want. We can’t know what and when it will be, but a catalyst that begins a period of upheaval and change is inevitable. Take what you hear on the day to day news with a grain of salt, and look for that catalyst. Sponsored by Baklund R&D