Chaos-Confusion-Shut Down-Merry Trumpmas-Bob Davis Podcast 788

I love talking about current events. These days it gets harder and harder because of a volatile President Trump. Learn more in Chaos-Confusion-Shut Down-Merry Trumpmas-Bob Davis Podcast 788.

Genius Or Idiot

Moreover all this talk of political polarity isn’t republican or democrat. Either you think the president is a genius or an idiot. There’s no in between.

Especially relevant is the question of whether we are able to take a step back and look at recent key events with some perspective.

Economics and Diplomacy Nobody Wants To Discuss

Not too long ago I asked listeners and subscribers to think about what US economic and foreign policy should be. A presidential election and midterm election have taken place since then.

Suddenly foreign policy and economic policy are front and center. We’ll talk about it fireside in Chaos-Confusion-Shut Down-Merry Trumpmas-Bob Davis Podcast 788.

Syria and Turkey

First of all, the president made a snap decision to withdraw US Troops from Syria while on the phone with the Turkish president. In the aftermath the defense secretary resigned, as well as a senior diplomat managing the alliances to fight ISIS. Now the president is talking about withdraws from Afghanistan and Iraq. Is he right?

Combined with Trump’s executive order ban of Bump-Stocks the Syria Withdraw has usually fawning talk show hosts apoplectic.

Government Shutdown

In addition the ongoing struggle between the White House and Congress has resulted in a government ‘shutdown‘. What’s more the struggle appears to be between a Republican president and his Republican majority in the House and Senate.

Firing The Fed Head

On top off all this the president wants to fire the Federal Reserve Chairman. Concerns about economic performance are rising and finally financial analysts are writing about government spending accounting for most of the so called ‘boom’ in the US economy over the last two quarters. This is conservative republican economics?

End Of Conservative GOP

Finally there’s talk of a big split within the republican party. Moderate Republicans fighting Trumpers. Trump fighting with all of them to get a wall built along the US Mexican border. Through all of this there’s been no legislation on key matters like immigration even with republican control of the Legislative and Executive branches of the government. It sure seems like the lack of principles and republican populism is tearing the so called ‘conservative’ coalition apart.

Merry Trumpmas

In conclusion the question of whether people thought about policy during both elections is key. New ideas, and international structures are coming. If we the people don’t start thinking about what kind of country we want, and how will the next America function? Trumpmas will look like child’s play. All of this has me aching to hit the open road!

Sponsored by John D Scott Personal Injury Lawyer, Ryan Plumbing and Heating of Saint Paul, and Reliafund Payment Processors

Chaos-Confusion-Shut Down-Merry Trumpmas-Bob Davis Podcast 788

 

Trump Foreign Trade Fight-Free Trade-Protection-Bob Davis Podcast 737

President Trump slapped tax increases on goods imported to the US from Europe, China, Mexico and Canada. Our trading partners retaliated with their own tariffs. Now what? Find out in Trump Foreign Trade Fight-Free Trade-Protection-Bob Davis Podcast 737.

What Is A Tariff Anyway?

Finally someone has defined what a tariff is. Moreover you might be surprised to learn the history of trade legislation in the United States goes back to 1789.

These days we are awash in charges and counter charges in the media. Trade Wars and Rumors of Trade Wars. This kind of coverage doesn’t serve anyone.

1945 Looms Large In Trade Discussions

Most noteworthy is the impact of World War 2 and the advent of nuclear weapons in 1945. Since then, trade deals have been  considered central to keeping the peace and stabilizing the world.

Trade Has Been A Political Football since Hamilton

Trade has been regional and national issue in the United States in every political era. None other than Alexander Hamilton was an advocate of high taxes on imports going back to 1789.

Trump A Throw Back To The 1840’s?

Moreover tariffs were an issue in local and national politics in the US until the introduction of the Income Tax in 1913. Is President Trump a throw back to the 1840’s? Find out in Trump Foreign Trade Fight-Free Trade-Protection-Bob Davis Podcast 737.

NAFTA China Mercantilism Free Trade

We hear so much in the news about trade but few of us understand it. China. NAFTA. Mercantilism. Trade Protection. Free Trade. As citizens we need to make informed decisions about what is best for each of us individually and the country. With all the noise about trade it’s almost impossible for people to do that.

Especially Relevant Today As It Was Back In The Day

In conclusion with yet another new trade bill in the offing the question of whether the US should protect its markets or open them is as relevant today as it was in 1789.

Sponsored by Reliafund Payment Processors and Ryan Plumbing and Heating of Saint Paul

Trump Foreign Trade Fight-Free Trade-Protection-Bob Davis Podcast 737

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.