Trump-Republicans-Spending-Debt-Bob Davis Podcast 850

Another Trillion Dollars

This week the president’s budget deal adds a trillion dollars to the National Debt. These days it’s depressing when so called conservatives say, “Deficits Don’t Matter“. Learn more in Trump-Republicans-Spending-Debt-Bob Davis Podcast 850.

Trump Republicans Spending and More Debt

Above all, Trump’s spending is on pace with Obama first term red ink.

I’ll Pay Off The Deficit In Eight Years

Moreover campaigning in 2016, Trump said he’d pay off the deficit in just eight years. In those days the deficit was 20 trillion. It’s now almost 23 trillion.

Current Federal Debt Is Unsustainable? Bring It on!

As the president began his second year in office, the General Accounting Office released a report on the national debt. The current Federal Fiscal Situation is unsustainable, it said. More in Trump-Republicans-Spending-Debt-Bob Davis Podcast 850.

Republicans Addition To Debt Peaks In 2030

In fact, the GAO report showed US debt beginning to rise and peak in 2030, long after Trump has left the White House.

American Cities Are Broke Again

Over 70 US cities are in deep financial trouble. New York City is broke. Los Angeles isn’t far behind. Chicago is in a tailspin. I’ll explain it in Trump-Republicans-Spending-Debt-Bob Davis Podcast 850.

The Amount of Spending And Debt Is Shocking

When it comes to cities, counties and states investigators have to use forensic accounting to find out what’s going on. Even in small towns and counties across the country those investigations are uncovering a shocking amount of spending and debt.

Bonding On Bonding

Even more, states use bonding bills to get around balancing budgets. Therefore creating more debt through bonding.

Corporate Debt Binge

US corporations are on a debt binge too. Corporate debt is skyrocketing. It’s now 45 percent of our GDP. Much higher than during the 2008 crisis and dotcom bubble.

Americans Saved The Economy In The 2nd Quarter With More Debt

In addition Americans are more indebted than they were before 2008. US Household debt is 13.3 trillion in the second quarter. Much of it auto loans. Certainly Americans don’t save enough.

Conservatives Say Don’t Worry

Republicans say debt doesn’t matter and democrats have a new monetary theory. There’s nothing to worry about. Right? The US can “print” as much money as it needs as long as it prints US dollars.

Politicians Handing Out Goodies

Goodies like free college, single payer health, a green new deal, a higher minimum wage and guaranteed full employment are just around the corner. Just simply print money.

[Editor’s Note: In this podcast I used a quote from President Trump saying that he said, “No politician has ever been thrown out of office for not spending money. In fact he is reported to have told Senator McConnell, “No politician has ever lost his job for SPENDING money.”)

Forget Rome, England, Spain, Germany, Venezuela and Zimbabwe.

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

Trump-Republicans-Spending-Debt-Bob Davis Podcast 850

 

 

Backroads-Iowa-Real-Farmers-Talk-Bob Davis Podcast 843

Time For Real Talk

I think it’s time to talk to real farmers. I want to know about the issues effecting their lives and businesses these days. Time for a trip to rural Iowa in Backroads-Iowa-Real-Farmers-Talk-Bob Davis Podcast 843.

People Media Doesn’t Have Time For

Moreover farmers know big city media doesn’t have time for them.

Beware 2020 Political Coverage In Iowa Focused On The Cities

As a result most political coverage for 2020 is already coming out of the urban centers in the state.

Staged Events

I covered the Iowa Caucuses in 2016. Most of events were staged toward network television.

Operatives and Activists

In addition the crowds portrayed in the news as ‘grassroots’ were in fact political operatives and activists.

Truth is nobody is talking to real people. Moreover farm institutions don’t always speak for them either.

Family Farmers

Meet Mark Haselhuhn. Mark and his family have been farming in Iowa for generations. What’s most noteworthy about Mark?  He’s not a big corporate farmer.

Trade and China

Especially relevant are his opinions concerning trade issues and the recent dust up with China over Tariffs. Later we’re joined by Mark’s recently retired friend and helper, Leo.

Real People

While media continues to spend it’s time telling us all what to think, seems like we should listen to some real people for once. That’s what I do in Backroads-Iowa-Real-Farmers-Talk-Bob Davis Podcast 843.

Unvarnished Opinions

From economics to immigration the unvarnished opinions of real voters and influential family farmers might surprise you. Above all it isn’t surprising that in this neck of the woods, politicians aren’t knocking on doors or walking through fields to ask farmers what they think. Even more the media isn’t either. Until the Bob Davis Podcasts came along.

Quit Bickering

Finally one of the key points of our conversation involves the desire for these two farmers to see politicians quit their bickering and work together. They don’t like the ‘My Way Or The Highway’ approach of either side of the so called political spectrum.

No Illusions

In conclusion it’s sad that Mark and Leo don’t have any illusions about whether politicians will start working together anytime soon.

Sponsored By Ryan Plumbing and Heating of Saint Paul

(Editor’s Note: Special thanks to Mark’s daughter Emma for arranging this interview on a moment’s notice. In addition, guiding me to the farm via Facetime in real time! I know your time is precious, and I really appreciated the opportunity to talk to Mark and Leo. We’ll check in with them early next year.)

Backroads-Iowa-Real-Farmers-Talk-Bob Davis Podcast 843

 

 

 

 

 

 

Back-Road-Trip-Chattanooga-Bob Davis Podcast-841

These days if you want to find out what’s going on you have to hit the road. We’re in Tennessee for a few surprises. Learn more in Back-Road-Trip-Chattanooga-Bob Davis Podcast-841.

Southeastern Tennessee is as Republican as it gets in this country. Even more, a modern economic miracle has taken place in Chattanooga, where a public private partnership has transformed the city.

All the talk about what people in this country might do in the 2020 election is most noteworthy. A theme in these podcasts has been attacking the perception that people with an R in front of their name are actually conservative.

Certainly Chattanooga is a miracle. Back in the day it was an industrial powerhouse. Due to it’s role it was considered one of the dirtiest cities in North America. A public private partnership turned it around. Learn more here.

In addition, Tennessee as a whole is certainly booming these days. From Volkswagen in Chattanooga to the music business in Nashville and the federal government corporate entity known as The Tennessee Valley Authority, things are good here.

Especially relevant to me though is the right-wing orientation of the state as a whole, and yet, all these institutions which might be considered socialist, by any other name.

Finally, local expert John E. Holland joins the podcast to talk about politics in the region and Tennessee’s burgeoning development strategy today.

In conclusion people here consider themselves ‘conservative’ down to flying confederate flags and wide margins for President Trump in 2016. Meanwhile public/private partnerships and Federal corporate assets allocate tax dollars and investment and they love it.

To be sure Tennessee as a whole is truly wonderful. When it comes to principles, though, one wonders what ‘conservative’ means, after all.

Sponsored by Reliafund Payment Processors

Back-Road-Trip-Chattanooga-Bob Davis Podcast-841