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.

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Podcast 558-Pipeline Protest

Podcast 558-Pipeline Protest. Back road tripping across the Northwestern United States. First stop is The Dakota Access Pipeline protest at Standing Rock. A few miles north of Cannonball, North Dakota, about thirty miles south of Bismarck, North Dakota. DAPL – as it is known – is an explosive issue for the Standing Rock Tribe of Native Americans in this region, but pipelines have huge implications for the rest of the United States. As some celebrate the newfound energy independence US Oil Exploration brings, it also brings problems. The biggest is the issue of how to transport the oil out of the state of North Dakota which cannot refine the crude pulled out of the Bakken Reserve. For now, oil is transported on trucks and trains, which may be more unsafe when it comes to accidents and spills than pipelines. At issue is whether the pipeline will rupture, sooner or later, and contaminate ground water. The people at the Standing Rock Protest say yes. The oil companies say no. It’s very hard to get a clear idea of who’s right and wrong. Myron Dewey joins Podcast 558-Pipeline Protest from the protest, which he does not call a protest (as you’ll hear), and for balance an oil company employee and lifetime North Dakotan Eric Nelson joins the podcast not as a spokesperson for the company he works for, but as a concerned citizen. Also check out Standing Rock Fact Checker, and this from Inforum, on Doug Burgham, one of the Republican Gubernatorial candidates in North Dakota. The Standing Rock pipeline protest (sorry Myron but that’s what everyone’s calling it) has certainly focused worldwide attention on the issue. I’m going to take you inside the protest, which is in itself educational. Whenever I cover public events, I am rolling the minute I get there. This time I caught some interesting and educational audio. (Editor’s Note: You might have to strain a little to hear some of what went down, so use headphones. I will be worth it.) Like many local issues, it is filled with emotion and an ocean of ‘facts’ designed to persuade the listener to come to the ‘right’ conclusion. What do you think? Sponsored by Brush Studio in the West End, Saint Louis Park.

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