Booming US Economy-Reality Check-Bob Davis Podcast 811

These days Trump cultists love to talk about the booming economy. Time for a reality check. Learn more in Booming US Economy-Reality Check-Bob Davis Podcast 811.

Under 3 Percent

Especially relevant are Gross Domestic Product numbers from the 4th quarter of 2018. The average for the whole year is predicted to be under three percent.

Cherry Picking Numbers

Boosters like to cherry pick statistics. I like good old Gross Domestic Product numbers. They are released at the end of every quarter. GDP performance for each fiscal year is pretty hard to ignore. Especially when people say this president has ‘fixed’ the economy and worked miracles.

Just Because You Do Well Doesn’t Mean The Economy Is Doing Well

Moreover if I’ve heard it once I have heard it a thousand times. Saying your business is doing well does not mean the economy as a whole is doing any better than it has. The latest retail performance is a good example. This distinction is important only because the president wants us to believe he “blows Ronald Reagan Away”.

Objective Legislative Achievements On Economy

In Booming US Economy-Reality Check-Bob Davis Podcast 811 I objectively list President Trump’s few legislative achievements when it comes to the economy as well as his executive orders concerning the economy.

Hardly A Boom

In 2017 the US Economy grew by 2.2 percent. First quarter of 2018 was 2.2 percent. Second quarter 4.2 percent. Third quarter 3.4 percent. Fourth quarter 2.6 percent. Hardly a boom.

Not Even As Good As Obama

In contrast, President Obama’s best year was 2015, at 2.9 percent. Obama also presided over one quarter of growth of 5.1 percent, followed by another quarter of 4.9 percent growth. Better than Trump’s best two quarters so far.

Actual GDP Numbers

First of all growth is growth and we’ll take it. However, because of republican claims of great economic success, it’s time for a reality check based on actual GDP numbers.

And Obama Wasn’t That Good Either

At issue are claims by the president and his supporters he has done a fantastic job. Truth is so far his numbers are still about the same as Obama’s, which weren’t very good either.

We Pale In Contrast To The Early 80’s, Mid and Early 1960’s and 1950’s

Even more, all the numbers in our time pale in contrast to performance above 7 percent in the 80’s, high six percent in the 60’s and above 8 percent in the 1950’s.

Contrast our time with the 1980’s, 1960’s, or 1950’s.

What we’re living through is not a boom.

Republican Doesn’t Mean Conservative Anymore

Finally a republican in the White House does not guarantee ‘conservative’ economic management. Pushing for a weak dollar. Borrowing to stimulate. Trade Protection. Adding trillions to the national debt. More debt and deficit spending for ‘infrastructure‘ don’t seem like ‘republican‘ ideas.

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Booming US Economy-Reality Check-Bob Davis Podcast 811

Winter Stories-Grand Solar Minimum-Bob Davis Podcast 810

These days almost everyone across the US thinks their winter has been cold. People in the Upper Midwest have really experienced cold. Especially relevant? It may be about to get a lot colder. Learn more in Winter Stories-Grand Solar Minimum-Bob Davis Podcast 810.

Solar Cycle 25

Ever since Rudolf Wolf started measuring solar cycles back in 1755 they’ve been counting them. Solar Cycles last roughly 11 years, and we are just about to enter Solar Cycle 25.

Maunder Minimum

Moreover there’s more than just an 11 year cycle when it comes to the sun. During the Maunder Minimum, from 1645 to about 1715 solar activity was pretty quiet. Check out Winter Stories-Grand Solar Minimum-Bob Davis Podcast 810.

Little Ice Age

The Maunder Minimum is often referred to as a ‘Little Ice Age’. During this time London’s famous Thames River froze solid. Let’s just say it wasn’t a good time. Some scientists believe we are about to have another minimum. They call it a Grand Solar Minimum. Others refer to this predicted period of low solar activity as a ‘Super’ Solar Minimum.

Climate Change Activists Say It’s A Myth

Full disclosure. Global Warming Theory and Climate Change activists think predictions of cooler temps during a potential solar minimum is a dangerous myth.

A New Ice Age

Sun Cycle 25 begins in 2020. Professor Zharkovia, Doctor Helen Popova and Professor Simon Shephard and Doctor Sergei Zharkov all predict we could have a new ice age by 2030. Batten down the hatches.

If Cold Isn’t Enough There’s Always The Magnetic Field

In addition solar minimums can effect the Earth’s Magnetic fields in chaotic ways. Recently You Tubers have posted many videos suggesting a weakening magnetic field could mean multiple and drifting magnetic fields. Ultimately, they say, it could lead to an actual shift in the 23 degree tilt of the Earth’s axis.

What About Human Behavior

As we head toward sun cycle 25 we’re already in the early stages of the weakening magnetic field. How will this cycle effect our weather? How might sun cycles effect human behavior?

Winter Stories

We examine these questions and tell a few winter stories in Winter Stories-Grand Solar Minimum-Bob Davis Podcast 810.

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Winter Stories-Grand Solar Minimum-Bob Davis Podcast 810