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 577-Bob Davis Podcasts Radio Show-55

Podcast 577-Bob Davis Podcasts Radio Show-55. As the Trump Transition rolls on, it’s The Messiah Syndrome, Partisans Painting Themselves Into a Corner and False Narratives. Eight years ago people in this country thought Barack Obama would fix everything. Obama was a God. The new Messiah is Donald J. Trump. He is going to fix everything. He has been ‘chosen by God’. Trump ‘will be defended by God’. We ‘have to pray for him’. It’s always good to celebrate a victory, but the US Presidency is a political office. All the things that are supposed to get fixed become a question of what is possible with Congress, the Courts, the executive departments and the states playing a role. When it comes to political nuts and bolts Trump supporters and most republicans can’t be bothered. From day one Messiah Trump will be embroiled a political struggle. The clock is already ticking on the next congressional cycle in 2018. Gubernatorial campaigns are already underway in many states. Cabinet Secretaries and bureaucrats don’t come from central casting. Many of the people who end up filling those positions will not necessarily be ‘Trumpers’. Many of them are Washington Insiders. Then there are the many new voices on the so called right that have emerged in the last few years. Many of them wholeheartedly endorsed Trump and they will now have to defend him. Have they painted themselves into a corner? False Narratives are also spreading like a bad virus. How and Why Trump won the election. What the electoral college is supposed to do. Russia hacked voting machines. Whatever the ‘theory’, the idea is to keep us watching and distracted. The Facts of Life present a major challenge to the future of this country. US Debt levels are over 100 percent of the total economic output of the country. Federal spending continues to skyrocket. Entitlements like Obamacare, Social Security and Medicare will swamp the federal budget in the next decades and we have plans to spend trillions on roads and bridges? We’re also facing significant foreign policy and economic challenges in the next few years. Podcast 577-Bob Davis Podcasts Radio Show-55 takes a look at what we have to do to meet these challenges in the next few years. Shouting at people in an airplane aisle, memes and tweets will not work. Sponsored by Hydrus Performance, Ryan Plumbing and X Government Cars.