Beware The Soothsayers. So much of our media these days is caught up in predicting the future. Weather, economics, sports and especially politics, isn’t so much about fact as it is about predictions based on opinion and poorly supported ‘fatcs’. Without a real basis in science or proven facts, we’re constantly told what the ‘future will bring’. It’s a wonder news anchors and ‘commentators’ don’t wear brightly colored head dresses and look into a crystal ball. One of the reasons we are ill served by a modern media possessed of the greatest technology for informing known to man, is its executives exhort their on screen ‘actors’ and so called ‘journalists’ to use opinion and hearsay to ‘predict’ what ‘will’ happen, rather than just report the facts around an event, or ‘the news’. For instance, lower prices for gasoline was going to ‘act like a tax cut’ and we would have economic growth. The Christmas retail shopping season might be a little down, but it would still be good. Donald Trump would be a flash in the pan, and would ‘collapse’ as soon as voters ‘came to their senses’. This is the time of year astrologers make their predictions for 2016, which are about as accurate as the wild ‘predictions’ made by the cable news services, round table discussions, commentary pieces distributed on line, and most of the rest of the media conglomeration complex, especially talk radio and the cable news channels. What do you think would happen if they stopped making predictions? There’d be a lot of dead air. In fact most of what is being broadcast and written these days is little more than fortune telling, and not very good fortune telling at that. In a late night podcast by the fire, as we labor under a winter storm watch in the upper midwest (at least a foot of snow ‘predicted’ with the ‘storm’ starting Monday night), time to air some concerns about what we are being told, and talk about the antidote to it. Sponsored by Hydrus Performance, and by the Mobile Podcast Command Unit of The Bob Davis Podcasts.
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.