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.

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

 

 

Post Eclipse Radio-Bob Davis Podcast 849

Walk and Talk

These days things are happening fast and furious. Every now and then I have to take a breath and review some of my past podcasts. Moreover there’s no better way to do a review podcast, than a late night walk and talk. Check it out in Post Eclipse Radio-Bob Davis Podcast 849.

Answering Critics

In addition some of the most recent podcasts have turned out to be controversial. This is a good time to answer my critics and make some additional points.

Post Eclipse Radio

We’re coming off two huge eclipses. A solar eclipse at the beginning of July, and just recently a full moon lunar eclipse. Especially relevant are my observations about eclipse energy.

Pledge Podcast Aftermath

First of all in the last week I did two podcasts that have turned out to be controversial. My podcast covering an emotional demonstration against the Saint Louis Park City Council’s decision to stop saying the pledge of allegiance at some of their meetings, can be found here. And a podcast about Trump’s chances for reelection based on the 2016 and 2018 vote totals in battleground states, here.

Facts Are Controversial

One of the points in my coverage of this protest is most of the protesters screaming and shouting “resign!” at the council meeting to discuss the pledge decision, were not residents of Saint Louis Park. Apparently pointing out that fact was controversial.

Why Don’t You Criticize Democrats!

Also, my critics like to demand that I explain why “you don’t ever criticize democrats”. So, during this walk and talk I’ll tell you. Learn more in Post Eclipse Radio-Bob Davis Podcast 849.

Bought and Paid For Media

Finally because there are no rules or planning for a walk and talk podcast, reviews of recent podcasts evolved into a discussion of bias. It sure seems like we’re living in a world these days where every single ‘news’ source or pundit has been bought. This has contributed to a loss of principles and integrity in our discourse.

Independent Voices

Consequently we all have to be careful with sources. Rather than repeat what someone else said, independent voices move the story forward by researching that facts and sharing them. People don’t seem to be able to do that anymore. This is one of the reasons my recent podcast explored actual vote totals in battleground states the president has to win again in 2020, if he is to have any chance to win reelection, let alone win by a landslide, as some have foolishly predicted.

Clearing The Air and Bias

In conclusion I love these walk and talk podcasts. They help me clear the air. Then I can move on to the next few podcasts. Walk and Talk podcasts also help me to identify my own biases, which usually run to distrust for government in general not against or for political parties or candidates or issue advocacy.

Living Dangerously

Personally I think we need to move beyond responding to flashpoint issues. That means some of us are going to have to listen to opinions we might not agree with as we develop new principles that lead to working policy. I’ve always lived dangerously by talking about things just before they go viral. These days I think that’s a real good place to be.

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Post Eclipse Radio-Bob Davis Podcast 849

 

 

 

 

Early-Election-Advisory-2020-Bob Davis Podcast 836

A Year Away And It’s Already Started

The 2020 election is more than a year away. Time and distance doesn’t stop the predictions about who’s running. Even more, who’s going to win. Time to come back to Earth in Early-Election-Advisory-2020-Bob Davis Podcast 836.

Sorry State Of Politics

One of the themes of my podcasts is the sorry state of politics in the United States. First of all our politics these days are driven completely by media. Social media. Cable News Channels. YouTube. Podcasting. All partisan. Usually owned by rich political operators.

Don’t Trust Everything You Read

Moreover it’s all about persuasion. Nothing we see or hear can be trusted.

Confirmation Bias

Tell us what they want to hear.

Make us feel good about it.

What I Won’t Do

Due to advocacy media, seems like the best thing I can do is tell you what I won’t do when it comes to coverage of election 2020. This kind of coverage is a great opportunity for independent voices.

Manipulation Is The Media’s Business

Certainly all the commentators and talking heads are busy convincing us of a point of view. Predicting the future, making assumptions on rumor and innuendo are the tools they use to manipulate viewers. Learn more in Early-Election-Advisory-2020-Bob Davis Podcast 836.

The Borg

Meanwhile local, state and the federal government take in huge sums of money and we don’t seem to have any control over how it’s spent. Consequently more of us feel government is the Borg. We can’t understand it, much less control it. And increasingly we don’t like this feeling.

No Predictions

Therefore with over 25 candidates for the presidency the best service I can provide is to steadfastly avoid predictions and identify my own biases.

Can’t Stand Any of Them

Finally, that doesn’t mean I can’t appreciate political skill. campaign wins and losses, political brinkmanship or propaganda. I just refuse to jump in on one side or another. I also refuse to predict the future and predict outcomes. Especially outcomes based on polls.

See It For What It Is

In conclusion, I have found the best way to learn what “The American People” might be thinking, is travel and actually covering these political events.

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Early-Election-Advisory-2020-Bob Davis Podcast 836