Podcast 420
Bob Davis Unplugged. I’ve always admired talk show hosts who can do a good show without notes, preparation or a plan. Certainly walk and talk podcasts fit that bill, but it helps to walk while you talk. In studio is a different story. There have been some interesting developments in the news this week. Commentators are back to following the proverbial bouncing ball and missing some points that I think need to be made. Regarding the Oregon shooting; When I asked people what was going on in the news they said, “There’s the Trump thing, the Pope thing and oh yeah, another mass shooting.” Of course the President didn’t skip a second rushing out to demand Americans surrender their guns. Why do we have a second amendment? Is there a final check on the dangerous power of government? While we don’t generally think of a government that seems to exist to extract money from our paychecks and mail checks to others, including billionaires like Warren Buffett, there’s immense power in spying and militarized police departments. Then there’s the Communist Pope. The left loves Francis, or at least they did until it was reported that the Pope – who would rather talk about the scourge of Capitalism rather than the scourge of pedophilia in the Catholic Church – met with Kim Davis, the Kentucky County Clerk who refused to marry gay couples. Suddenly the ‘amazing’ Pope Francis was tarred and feathered on social media, to the extent that the Vatican this week back pedaled ‘explaining’ the Pope’s meeting with Davis. Then there are the economic pundits and employment numbers. Almost all of them predicted a ‘great’ employment report this week, especially since low gas prices ‘act like a tax cut by stimulating the economy’, until they don’t. Now, if you have been listening to the Bob Davis Podcasts you have been warned about this shibboleth long ago. Lower gas prices don’t ‘act like a tax cut’. Our economy would have to create over 375,000 jobs a month for a long time in order to bring the millions of people who are out of the work force back in. Sadly 375,000 is a number this country’s economy has not been able to attain since the recession back in 2008, despite all the efforts to ‘stimulate’ and ‘prime the pump’ from a trillion dollar stimulus to ‘cars for clunkers’ and every other cockamamie scheme cooked up by President Obama. Moreover, none of the presidential candidates, on both sides of the political spectrum seem to have a clue about how to grow the US Economy other than more stimulus, or tax cuts but no spending cuts. Have we — as in everyone in the world — forgotten how to be capitalists? Could we feed ourselves without a job or government handout if we had to? Maybe this could be one of the positive effects of a future ‘gig economy’ … with everyone freelancing, we might actually learn to create, not take. Sponsored by Pride of Homes and X Government Trucks.
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