Podcast 584-Bob Davis Podcasts Radio Show-58. With the Electoral Vote, Donald J. Trump is the official President Elect of the United States. He’ll be sworn in as the 45th President on Friday, January 20th, 2017. As terrible coverage of the election, post election and the events leading up to the inauguration continues, time to shift the conversation toward the challenges ahead. Podcast 584-Bob Davis Podcasts Radio Show-58 my coverage of these challenges.
Last summer I predicted the final outcome of the 2016 election would center on the Great Lakes region of the United States. Ohio, Pennsyvania, Wisconsin, Michigan. The former industrial heartland has been plagued by bad economic and policy initiatives, excessive taxation, corruption and incompetent local governments. It’s not surprising people in these regions would have reached a point where they have had enough.
The new narrative is Donald Trump heralds a new kind of politics in America. Depending on the source, either a darker, jingoistic throwback to the 1950’s, a new kind of Populist-Conservative politics, or a new Centrism. Every politician wants to be thought of as a rail splitter, born in a log cabin. Both Hillary Clinton and Donald Trump come from upper middle class backgrounds. Park Ridge, Illinois and the Jamaica neighborhood of Queens, in New York City are hardly breeding grounds for American Populists.
While the tone of the executive branch might change under Trump the fact is moderate, establishment Republicans and moderate Democrats are still in control of the United States Government. How do we expect this group of out-of-touch politicians to address the challenges we face?
Since 2008 the US has had stimulus, banking legislation, the adoption of The Affordable Health Care Act and a change in Foreign Policy. The result is nominal economic growth, with 63 percent of the eligible workforce sidelined. A foreign policy that was supposed to herald a new era of peace and cooperation, didn’t. Despite major changes in technology, trade and comparative advantage the new story line is Manufacturing’s Greatest Days lie ahead. Is this true? Another initiative of the new administration is to force spending of a trillion dollars on ‘infrastructure’. Will this work? Is this a conservative economic policy approach? With only 8 percent of the work force is employed in manufacturing and construction and most of the rest of us are employed in value added services, one wonders.
Whatever the new president wants to do, it will be processed through the US Congress, State Legislatures and the Courts. With plenty of Democrats in congress and state legislatures ready to put up a good fight, we’ll see how much the GOP and Trump can get done. We’ll also see if the policy they end up with will work to address major challenges of the future.
Massive changes are taking place in our society and the world as the Fourth Industrial Revolution takes hold. While it’s good for Trump supporters and Republicans to celebrate, and for Democrats to prepare their opposition, the question is whether any of the leaders in Washington really understand what is needed for the people of the United States to grow our economy, move forward and prevail in the new world. Sponsored by Brush Studio and X Government Cars.