Who’s Running This Country Anyway?-Bob Davis Podcast 762

In Who’s Running This Country Anyway?-Bob Davis Podcast 762, I wonder if republicans and democrats really stand for different ideas about the future.

The Deep State

It’s especially relevant that our government is so complex we have to worry about who is ‘running the country’.

Who Runs The Country?

Fact is, our elected representatives just operate the government. We run the country. Almost four hundred million Americans. Working. Raising families. Starting businesses. Going about our lives.

Failed Leadership From Both Parties

Most noteworthy? The people we send to Washington DC don’t seem to be able to actually run our government.

Same Coin Different Day

Because republicans and democrats prove every day they represent two different sides of the same coin. Find out why I say that, in Who’s Running This Country Anyway?-Bob Davis Podcast 762.

Borrow, Spend and Tax

As a result, one party borrows trillions for ‘public works’ and ‘programs’. The other borrows trillions for ‘tax cuts’ and spending on defense.

Your Uncle Sam Is A Deadbeat

Above all every year the government gets bigger and further in debt.

Distract High School Distract Rape Distract Drinking

Meanwhile the millionaires in Washington have us fighting about what happened to two high school kids 36 years ago.

Real Power? Who Cares

Due to this no one can be bothered to talk about the nominee’s views on executive power, enhanced interrogation or surveillance.

Dangerous Situation

The immense power of government is dangerous to all of us. Doesn’t matter whether you fly the red or blue flag. No one is advocating exclusively for liberty and freedom from these enormous government agencies. Certainly not republicans or democrats.

Limiting The Power Of The State and Liberty

In conclusion the whole history of liberal democracy has been to limit and control state power. We seem to have forgotten that growth in government power causes its inefficiency and creates the conditions that breed tyranny. Learn more in Who’s Running This Country Anyway?-Bob Davis Podcast 762.

Sponsored by Reliafund and Ryan Plumbing and Heating Of Saint Paul

Who’s Running This Country Anyway?-Bob Davis Podcast 762

 

 

 

 

 

 

 

 

Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688

Both houses of congress have now passed the 2017 Tax Cuts and Jobs Bill. After four hours and near blindness, I finished all one thousand plus pages. Every citizen should read this bill. In Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688.

Big Little Reforms

Especially relevant is the public relations effort by republicans to convince voters this is a ‘sweeping’ reform of the US tax Code. In fact it is an amendment to a budget bill that further amends the 1987 Tax Reform Act.

Everyone Loves Or Hates

Moreover, if you read the bill, you should almost have a copy of the 1986 Tax Reform Act handy. Both sides of the so called political divide are touting how great this legislation is, or how it will end the world as we know it.  I’ll give you some details in Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688.

Please Hold For Your Tax Attorney

Truth is if you are in business you’re still going to need an accountant and tax attorney advise you. Some businesses will see their taxes increase. Some individuals will see their taxes increase. Sure, the standard deduction has been doubled and tax rates reduced…but…

It Might Be Good…Then Again

There will be fewer deductions and thus fewer ways to legally reduce exposure to taxation. Depending on your specific situation you might see an increase or decrease in your overall tax. I explain some of this in Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688. In addition, listen to my tax reform podcast to understand the political game going on under the guise of fixing the tax code.

Never Underestimate The Power of Free Beer

There are scores of pages concerning craft beer, wine and spirits. Guess all those receptions with free hootch for members must have worked! Finally there are lots and lots of new rules regarding businesses of all kinds.

Beware of Congressmen Bearing Cool Sounding Jargon

When congressmen and senators go out among the people and talk about all they have accomplished, you’re going to hear the words ‘pass-through’ and ‘average american will save’ such and such a lot. What does it all mean? Find out in Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688.

More Government Control

In conclusion my final reaction is the sadness I feel that our federal government controls so much of what we do as citizens through the mechanism of taxation. Republicans who campaigned on a tax cut have certainly paid off on that promise, at least until 2025, but at what price. That is the 1.2 trillion dollar question. President Trump signed the bill into law Friday afternoon.

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

Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688

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.