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.


Podcast 592-New Era

Bob Davis Podcasts Radio Show 62

While the media ‘predicts’ the future of the new Donald Trump Era, I’ve been under a self imposed news blackout. I prefer to see what happens with the Trump before I comment. It seems to me an unpredictable personality as President is going to make it very difficult for pundits to tell you what kind of presidency it will be. Why not just wait and see? I think there are bigger trends at work.

Big Changes

We’re living through the dawn of a new industrial revolution. It seems to me, as everything around us changes government is changing too slowly. Technology is changing work and trade despite all this talk of returning America to 1950’s greatness. The biggest transportation company in the world owns no cars. The biggest hospitality company in the world owns no hotels. One of the biggest retailers in the world doesn’t own that many retail stores. It’s often difficult to determine the difference between a national export or an import.

Most of the jobs lost in manufacturing in the United States have been due to IT not outsourcing. Then there are the markets. One-size-fits-all mass markets are transitioning to mass specialization markets. Many new manufacturing plants will be automated and located close to markets they serve. It’s sad to me that in the midst of all this technology development we have a government designed for the 1950’s. Maybe this is something that will change.

In Podcast 592-New Era Day One-Bob Davis Podcasts Radio Show 62 I discuss what we need in the future. It seems to me this is more important than what someone said about Trump’s big speech. As a so called conservative takes power, I want to know whether Big Government Republicans will reduce the pernicious power of government. It seems to me we should be asking ourselves what will be required of us. What do we know? How do we know what we know? How did we learn what we know? Why do we fear competition? Why do some of us we fear change?

Sponsored by Hydrus Performance and X Government Cars.

Podcast 532

What I think of Election 2016. Getting emails and calls from people political analysts would consider ‘low information voters’ asking what I think and who they should vote for. So in this podcast I am going to tell you. First thing? When you consider the low quality of all reporting on election 2016 everyone is pretty much a low information voter. In 2016 the country is facing decisions on major issues in economics, immigration, trade, foreign policy, military, diplomacy, social issues and more. Almost no one fully understands the contours of these issues well enough to discuss them. Instead what we have are tribes of people who are very emotional about these issues. They know the latest meme. They know all about the latest scandal and the latest ‘story’ evolving concerning who said what about who, and the reaction to it, but when they’re asked to discuss any of the key issues of our time with clarity and depth, as they say in the windy city; “fergitaboutit”. Who do I think should be president in 2017? None of them. Repeat. None of them. If you include the so called independent candidates and the mainline party candidates they’re nothing but placeholders. Someone needs to lay out what the potential outcome of this election will be, regardless of who wins the office. I start – repeat start – to do that in this podcast. I realized about twenty minutes in, this is going to take more than one ‘talk’ podcast (with no editing) to lay out all the possibilities and outcomes. Bottom line? None of the potential outcomes bode well for the future of the United States. We’ve had a series of placeholder presidents, and it looks like we’re about to have another. Meanwhile, the country is getting closer and closer to what I call a ‘clarifying’ event that will wake people up from their media induced hypnosis, and reinvigorate the political process. Maybe. Maybe not. Meanwhile, if you expect to get information from television and radio, and from the standard websites these days, I feel sorry for you. If you guess you’ll find “the truth” on You Tube’s conspiracy channels, and the Drudge Report, guess again. In What I Think of Election 2016 you’ll get my read at the present time, which sets up future podcasts specifically on the issues in the hope of giving listeners to the Bob Davis Podcasts a little more substance and depth than you’ll find anywhere else. Meanwhile, it’s on to the motorcycle rally at Sturgis from here. Sponsored by Hydrus Performance and Brush Studio in the West End, Saint Louis Park.