Trump State Of The Union-America’s Back-FBI-Russia-Economy Booming-Podcast 697

First of all, the state of the union message used to be a letter. These days you’d think it is the Grammys, Golden Globes or the Oscars. In addition it’s a national event. We’re ‘supposed’ to watch. In Trump State Of The Union-America’s Back-FBI-Russia-Economy Booming-Podcast 697.

America Is Back

Trump’s says the Economy Is Booming and America is Back. Really? Since when is 2.6 percent GDP growth a booming economy?

Wall Street Is Main Street

Furthermore during the Obama presidency republicans used to say ‘Main Street Isn’t Wall Street‘. Now that republicans are in power suddenly main street IS wall street. Even when the market is down.

Booming Roaring Economy, right?

In Trump State Of The Union-America’s Back-FBI-Russia-Economy Booming-Podcast 697 I’ll outline factors that go into our old style measurement of the economy. Yes there are bright spots. Much as we like good news, let’s not go overboard.

Wait. It’s Trump.

Go overboard!

The Tax Bill. The Tax Bill!

The singular legislative ‘accomplishment’ of this administration so far is the tax bill. Lower corporate taxes are thought of as a good thing for business. Whether the so called middle class will benefit remains to be seen. Certainly the economic effects of changes in the tax code only a month old are not part of the current economic numbers. Find out why inTrump State Of The Union-America’s Back-FBI-Russia-Economy Booming-Podcast 697.

Executive Orders!

Trump supporters like to tout his executive orders. Many of these don’t do more than tell cabinet departments think differently. Most importantly Trump is issuing far fewer regulations. Have these actions produced economic results?

Witch Hunts Galore

Especially relevant are investigations on Russia and the FBI. The truth is none of this has had any real impact on the day to day business in the rest of the country and have failed to yield conclusive results so far.

Distractions Are The Order Of The Day

Welcome to life in America at the dawn of a technology revolution. This one makes the industrial revolution look like the middle ages. As it gathers speed every tenet of government and society will be challenged. Meanwhile we’re talking about porn stars and Trump’s latest insult.

No One Cares About Outmoded Thinking

In conclusion, most of the older adults in this country dream of a time marked by their own innocence in the late 1950’s and early 1960’s. Moreover our thinking about almost everything is outmoded. Mercantilism, trade protection, mass surveillance, bigger and more expensive government, and huge debts are not about freedom regardless of which party is in control of congress or the executive branch.

(EDITOR’S NOTE: On February 1st 2018 the Atlanta Federal Reserve projected US Economic Growth in the first quarter of the year to be 5.4 percent. This is a noteworthy prediction and if it holds for the US overall it will be a game changer. 5.4 percent GDP would be robust and if it holds through 2018 the terms ‘booming’ and ‘roaring’ would apply, at least as it pertains to GDP measurement.)

Sponsored by Ryan Plumbing and Heating, Brush Studio in The West End and Reliafund.

Trump State Of The Union-America’s Back-FBI-Russia-Economy Booming-Podcast 697

 

 

Podcast 296

MYSOTU. What started as a courtesy to Congress by President Washington has morphed into an irritating media spectacle, bordering on – no wait, it has become – obscene. It is time for every American to use whatever media you can, to deliver your own State of The Union Message. Line some chairs up, invite friends over, have the postal worker down the block join you, so you can use him as an example during your speech, make sure everyone wears a suit, add klieg lights and cameras for effect. If you have a teleprompter or two laying around, throw them in as well. (Editor’s Note: I invited congress to join me, but they had other things to do, so my State of The Union Address is delivered from the Broadcast Bunker.) The media machine cannot be without a story, and beheadings are getting old, so the new story line is the President is pugnaciously at least, thumbing his nose at Congress. Somehow this is viewed as new behavior, though he has been doing it all along. The results? President Obama lost the House and then the Senate is a series of historically bad election cycles for The President’s party, yet analysts think somehow, now that Republicans are in charge in Congress, he’ll get different results. Moreover, the President’s restless flying around the country and making speeches, offering candy and popcorn to the masses is now considered something called Populism. If you are a media commentator and you say the word ‘Populist’ and another word like, ‘Electorate’ in the same sentence, people think you’re smart. Populism? What’s that. Nothing, really. Nothing that can be defined as a real political philosophy or ‘policy’ per se. Using the standard definitions, your dog could be a ‘Populist’, and probably a pretty good one. The ‘Populist’ President wants to raise taxes on the rich, give it back to the middle class, if the middle class sops perform tricks and jump through rings of fire to get tax ‘credits’. Thanks! Meanwhile, he wants to increase spending by something like 7 percent, to add to an already massive public debt, the largest ever accrued in one administration in history. But hey, we got a baseball cap and a beer can insulator, right? Republicans? They’re going to fix it all so it works, don’t you know that? What it comes down to is Statist, versus Non Statist, and there are an awful lot of Statists in Washington right now. The good news? The Bob Davis Podcasts SOTU is mercifully short. The post SOTU party awaits. Sponsored by X Government Cars

Podcast 294

Dry Cycle. The update turns into a discussion of the fallibility of media, even your favorite cable news channel. This weekend, Fox News had to correct itself and apologize profusely for reporting there are ‘no go’ zones in Europe, where non muslims fear to tread, and the police won’t enter. Everyone was talking about it all weekend after Fox anchors and guests apparently got it wrong. These are neighborhoods in England and suburbs in France that are about as forbidding as LA’s Compton, or Chicago’s South Side. While Europe has been more lenient allowing Sharia Law, it does not mean muslim ‘enclaves’ have sprouted, even though allowing a separate law for Muslims in a modern, western democracy is not a good idea. That said, the President and the Pope continue to support limits on free speech. President Obama even went so far as to say he doesn’t consider terrorism a existential threat, which it most certainly is, then said Europe has to do a better job ‘integrating’ its Muslims. Maybe he fell for the No Go story too. This provokes a whole conversation about how to wean yourself from cable news and talk radio, develop multiple sources of information, deal in facts, avoid the emotion spewing out of talk radio and fox news, and use your tools to find and develop deeper knowledge on key subjects. The need to fill the airwaves, pushes under financed and poorly managed outlets to spew out incorrect information, relying on ping ponging viewers back and forth between the latest outrage and the latest breaking news. The good news? That kind of media’s glory days are behind it, as it gives way to on demand audio (podcasts), You Tube, NetFlix and future on demand video services. A recent survey reports that most millennials don’t ever watch broadcast television, seldom watch cable news channels, and download virtually all their entertainment and information. In an on demand world, the daily outrage may not work as well, as people seek out information, rather than people screaming at each other. The latest example? NASA says 2014 was the hottest year on record? Do you know by how much? Do you know what the margin of error is in that estimate? The answer might surprise you. Finally, Arizona and other states are passing laws which require high school seniors to pass citizenship exams in order to graduate. Good idea? Sponsored by Baklund R&D

Podcast 277

Christmas 2014! Live from the mall for the last few hours of Christmas shopping. Getting through the shortest days of the year in the Northern Hemisphere, celebrating the return of the light. This has been a weird holiday season, news wise. With the NYPD police/protester story, and the recent police involved shooting in the Saint Louis Metro, as well as the Sony Hack continuing story the News Watch Never Stops at the Bob Davis Podcasts. So, in a soft way, updating you for Christmas Day, 2014. As protests and police involved shootings continue to happen and people fire off uninformed and ignorant missives to each other on social media, this one may just have to run its course. On the Sony front, the FBI says North Korea did it. Does the FBI have enough evidence to say North Korea is responsible? There will be time to get back down in it, after Christmas. Aside from the lurid stories, the meatiest story this week has been the 3rd quarter economic numbers that have the media, and the President crowing ‘boom’. Is it? The new 5% GDP numbers are revisions, but the media doesn’t explain why US Economic numbers are revised at least three times, and then revised annually. Now the media is rolling every anecdotal experience into the numbers as ‘proof’ the ‘US is back!’. In this podcast, we’ll look a little deeper into those numbers to help you decide what they mean, and inform your decision on whether you think things are ‘booming’, economically speaking. Denver is experiencing an increase in its homeless population. The theory is, they are coming for legal pot. Watch out for the new advice on the ‘homeless’. When you see a street person you’re supposed to engage with them, in order to see them as human beings. This is a dangerous course of action, and really irresponsible, especially if you have small children with you. We all feel bad for those less fortunate, but some of them are dealing from a very challenged perspective, and you don’t know what they’ll do at any moment. Stay clear for your own safety. You’ve heard of the Obama Phone? Now they want to give people free broad band internet access. Yep. The Internet is a human right, which means the rest of us should pay for it, with additional charges on our phone bills, so people less fortunate can have free Internet. Finally, Miley Cyrus is banned from the Shriver/Kennedy Christmas Celebration in Massachusetts. Cyrus is dating Maria Shriver and Arnold Schwarzenegger’s son Patrick, and momma doesn’t like her. (Editor’s Note: Aside from the fact that Cyrus probably has more money than the Kennedy’s, and if she doesn’t she will, at least she works, and doesn’t just lay about lending her name to every left wing cause that comes down the pike. Miley, you’re better off!) Sponsored by Autonomous Cad

Podcast 96

A snow and ice storm in Atlanta provides a great example of government incompetence juxtaposed against a stage-managed “State of The Union” address from a President struggling to prove competence. Sometimes truth is stranger than fiction. My final thoughts on the State of the Union and discussion of the disconnect between what people are experiencing in America, how they’re expressing it, versus the perfumed princes and princesses in Washington D.C. Sponsored by Tax Tiger and Incrediwear.