Podcast 358

Back In The Bunker. Another special announcement concerning more distribution of the The Bob Davis Podcasts. Plus, a discussion of what it’s like to be back in the studio after weeks on the road in the Mobile Podcast Command Unit. This weekend – in podcast time – is Earth Day, 2015. It is, essentially, a secular, if not pagan Easter; a celebration of mother earth and spring, with political overtones. In truth, environmentalism has become a religion for some. Some environmental policy is good, and some — most of it — has been not so good. We start with California’s water problem, which could be solved with desalinization, but the state is spending billions more on a bullet train to nowhere. Desalinization actually costs less than the bullet train. Meanwhile Californians are talking about billions of gallons of fresh water poured into San Francisco Bay to save the Smelt Fish. Federal and State Governments in the US offer thousands of dollars in subsidies and tax credits if consumers buy electric cars. When gas was more expensive some calculated it would take five years to make up the difference in costs for a gas versus electric car. Now that gas prices have plunged it will take even longer. What are consumers doing? They are trading their electric cars in on SUV’s at the highest rate in years. Despite the prediction of the President that there would be millions of electric cars on the road by the end of his presidency. Continuing along the lines of government engineering. We’ve been seeing a lot of policy devoted to subsidized growth in major cities to create ‘Hipster Havens’ where the ‘creative class’ will collaborate and create thousands of new jobs. Suddenly though, not only are millennials starting to move into first ring suburbs, but exurbs are starting to grow again as well. Pretty hard to raise your baby in Hipster Heaven. This podcast also includes a list of 13 predictions, on Earth Day, that sounded really ominous in 1970, but which ended up being hopelessly wrong, as a reminder that just because ‘scientists agree’ doesn’t always mean you can take it to the bank. Do you think buying food at the farmer’s market — another feature of every Hipster Heaven — helps the environment. A new study says maybe not. Find out why. Finally, the media has discovered that the economy just isn’t growing fast enough. Where is the consumer? If the media isn’t spreading disinformation in its quest to focus on personalities and not issues for the presidential cycle of 2016 (which hasn’t even started yet) it’s spreading disinformation about the ‘growing’, ‘booming’ and ‘recovering’ economy. It’s just that the rosy scenario story line isn’t materializing. What might people think about the economy as an issue, heading into 2016. Will there be an economic crisis, and how will that impact the presidential race? Sponsored by Baklund R&D.

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Podcast 307

Mitt Quits. Updates for the first week of February. While neighbors enjoy the Superbowl – enjoy their muffled screams through the wall – The Bob Davis Podcasts goes to work. Mitt Romney has decided not to run for President in 2016, provoking the Washington Post to name Jeb Bush as the front runner. Meanwhile a new poll of voters in Iowa, where the nation’s first presidential primary will be held, have picked Wisconsin Governor Scott Walker as the front runner, closely followed by Kentucky Senator Rand Paul. If you are an observer of politics, and you have a decidedly anti-government bent, it sure seems like the mainstream moderate wing of the Republican Party is selling policy and tactics from the 1990’s, while voters seem to engage with politicians with newer ideas. While the actual political season for the 2016 cycle is a long way off in political terms, the media seems to want to pick a moderate as the front runner, and the people might have different ideas. Stay Tuned. The new Economic numbers are out, and they aren’t as good as expected. Surprise! After 5 percent GDP ‘growth’ in the third quarter just about everyone ‘figured’ and predicted that we would have at least 3.6 percent ‘growth’ in the fourth quarter, what with gas being cheap and acting ‘like a tax cut’. Even President Obama declared victory over stagnation for weeks, culminating in his over the top State Of The Union Speech which would make the initiated think he was presiding over the most dynamic economy in US History. In reality, President Obama’s recovery doesn’t just lag Bush and Clinton and Reagan, the Obama ‘recovery’ is the worst economic performance of all Presidents in US History. The new growth number? 2.6 percent. What does the media blame it on? Those evil frackers who created all those jobs, and now they’re laying people off ’cause oil is so cheap. In fact the media that couldn’t bring itself to write a positive story about energy growth in the US in the last six years now can’t find enough down-on-their-luck in Williston, North Dakota, stories. Fact is, most of the manufacturing jobs the President likes to tout are energy related. Yeah, cheap gas is great. It acts like a tax cut. Just keep that in mind as the European Zone disaster starts to take hold, and China’s economic slow down begins to bite, realities which the US economy won’t escape. And what are US policies? Not clear away the gordian knot of taxes and regulation that chokes business formation, and the supply side, but continued efforts to stimulate consumption and ballyhooing ‘consumer confidence’. In Silicon Valley they are mixing morning shake cocktails of supplements and additives that are supposedly able to increase your IQ. Body hacks are all the rage, so Podcast 307 ends with an effort to play catch up, with the Broadcast Bunker Juicer. Sponsored by Xgovernment Cars and Depotstar.

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Podcast 268

Not 1995! Lots of stories in the news about real estate and consumer culture, and the state of retail. Its starting to feel like the business models that have propelled us from the 90’s aren’t working so well anymore. Now analysts wonder why millennials aren’t buying homes. Zillow theorizes that people are trapped in a high rent situation that prevents them from saving for a home down payment. There’s a greater question though. While we have been subjected to one rosy scenario after another about housing’s comeback — which really hasn’t materialized — when repairs, taxes, assessments, interest and other costs of home loans over thirty years are considered, do you think owning really that much economical? With millennials burdened by student loans, the specter of higher lifetime social security costs and poor quality employment, is anyone really that surprised they’re not in the home buying mood? Then, when you consider higher spending and debt levels, and the pension commitments for state and local governments, would you say you think taxes will be going down, or up? Potential buyers are also factoring this in, and the cost of the urban utopia created by subsidies, federal spending and higher taxation. Finally, have you priced homes in these urban utopias millennials supposedly want to live in? By the way, a new survey says the one thing people ‘blow’ their budget on these days is eating out, all the more expensive in the ‘urban utopia’, ruled by broke hipsters. When millennials finally do start families, they’ll be looking in the suburbs for housing because its more affordable. Then there’s the retail question. This week congress decided not to tax purchases made on the Internet, much to the chagrin of retailers that have been manhandling their legislators to push for a tax to ‘even the playing field’. More and more there are examples of how retailers want to use law and licensing to fence off competition. Meanwhile their business models suck. Poor service, high prices, snooty attitudes; It’s no wonder people want to buy things on line. Uber’s fight to get into Portland and New York City are just two examples; There taxi drivers try to fence off competition by selling ‘licenses’ rather than providing a service people want. We’re on the cusp of big changes when it comes to consumer culture in America, and it’s a good thing. Sponsored by Ryan Plumbing and Heating of Saint Paul and by Depotstar.

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