Podcast 613-Rising Tide? Trump’s Minimal Economic Impact

We’re Growing Again Right?

Trump ballyhoos new numbers. Seems like the new president is turning our economy around. A rising tide? What does an improving economy look like? Are there actions that cause real economic growth? Do you think new leaders are taking those actions?

Republicans Know How To Fix The Economy Right?

Deregulation. Tax cuts and reform. Infrastructure construction. Campaign Pledges were made. Pledges spurred optimism. Furthermore promises can be kept because republicans are in charge and republicans understand business. So the story goes.

Trump Has Already Started Making Things Better Right?

Trump claims credit for the new numbers. Can a new president have an economic impact after less than 90 days?

What’s Better?

How do you define economic success for the United States? Better job? More money? Saving a job? Getting a loan for business or housing? Seeing your 401K account fatten because of stock performance? Cheaper gas? GDP? Productivity? Improved employment? Interest Rates? Jobs coming back to America? Consequently how do you know when it’s working?

What Has Been Done?

Because of the new numbers coverage exploded. However, what have Trump and the new Congress actually done? Executive orders on regulation. Business and the environment. Pipelines. Budget cuts. Trade and the budget. In conclusion, is there an impact on the economy overall?

How Do You Know?

Who are the people that put these reports together and what methodology do they use? How do economists and traders judge these numbers? Seems like people accept them at face value. Should you place confidence in these reports?

What Actually Works?

Are there specific actions that can be taken to grow our economy? If business and economic philosophy is important, what do our leaders believe? Do you think there is a standard approach to economics and government in Washington? More importantly, we know ideas counter to the current approach exist. Will the new congress and president embrace them?

Back To The ’50’s

Let’s face it. We have a sclerotic, 1950’s style government. People are developing and using new technological tools developed for the 21st Century. Moving fast toward building a new world. Block Chain Currencies. Improved Communication tools. Robotic manufacturing. Higher productivity. Government might be out of step with those developments.

Sponsored by Ryan Plumbing and Heating of Saint Paul.

 

Podcast 303

Podcast Consciousness. Live from the Kitchen! After a string of podcasts discussing intense topics, from economics through to participation in politics translating to political power, it’s time for a podcast consciousness podcast. How I do what I do, and how it drives me crazy sometimes. Well, maybe all the time. In searching for podcast topics, I spent some time tonight cleaning out my ‘stacks’ of news stories on foreign affairs, business, politics, local and all kinds of other topics, and found a lot of stories that never made it to ‘air’. Part of the reason for that is the effort to winnow all this day to day news writing down to some key points people can use to understand what I think is going on in the world, but the podcaster can miss the opportunity to just talk about stories that are interesting (to him). Maybe it’s winter. Maybe its cabin fever. Something’s going on below the surface though … perhaps a quest for adventure … maybe a road trip coming up … There is a restlessness rising up from the depths right now. Good time to talk about it. Plus the latest economic fairytales from the financial media, and what to look for down the road on that front. Sponsored by Baklund R &D