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 439

World War III. Thanksgiving 2016 is here, and with it a raft of insane stories pulled from the week’s news, all designed to get your crazy uncle Joe absolutely apoplectic at the Thanksgiving Day table. Turkish F-16’s shoot down a Russian Su-24 Bomber and Syrian ‘rebels’ shoot down a rescue chopper with US provided TOW Missiles. Pass the dressing please. As ‘World War III’ trends on twitter, relax and set the table. According to the President, ISIS is ‘contained’ but we’re being warned to watch out for attacks this Thanksgiving on US and Europe and US citizens all over the world. Donald Trump has so frightened the so called ‘establishment wing’ of the Republican Party, they’ve started a ‘guerilla’ advertising campaign against him funded by … wait for it and drum roll please … supporters of Jeb Bush. Will anyone pay any attention to the republicans when they don’t have ‘The Donald’ to kick around anymore? Rimshot! Meanwhile there’s no shortage of nonsense on the democrat side of the fence either, with Hillary Clinton promising tax credits for people taking care of their parents, and Bernie Sanders suggesting, you know, more free stuff, by rounding up all the rich people and taking their money on Monday … when all that is spent by Wednesday, we’ll have to come up with another scapegoat. Are you going to eat those yams? Woodrow Wilson was a racist but since we can’t actually call a progressive a racist, leave Woodrow alone. And Andrew Jackson too. But Trump? It’s alright to call him repugnant and a racist, because he’s a republican, right? More mashed potatoes please. Numbers on the economy have been revised, and its going great, except for the oil glut, the 25 percent increase in your health insurance premiums and a big build up of inventories. Retail numbers are down because no one goes to the mall anymore. Really? To fix it, we need more focused and efficient government spending, cause we haven’t done that, right? How do I get out of here? Sponsored by X Government Trucks and Ryan Plumbing and Heating of Saint Paul.

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