Corona-Recession-Becoming-Depression?-Bob Davis Podcast 941

Corona-Recession-Becoming-Depression?

Firstly chances of a happy ending to this pandemic are fading. Learn more in Corona-Recession-Becoming-Depression?-Bob Davis Podcast 941.

Going Against The Optimists

Secondly I know what I have to say goes against the optimists.

Pollyanna

However there’s optimism, then there’s Pollyanna.

Mental Health

Thirdly and most importantly are concerns and questions about our overall mental health.

Giving In To Reopening Pressure

Certainly it’s now clear some states gave in to political pressure to reopen.

Shutting Back Down

As a result we face the specter of shutting back down. One of the reasons I ask whether the Corona Recession Is Becoming A Depression?

Negative Economic Impacts

Above all the big concern is additional negative impacts on the US Economy.

Relief Running Out

Even more unemployment benefits and business relief packages are running out.

The Sheriff Is Here With Your Eviction Notice

Finally as the grace period on evictions ends people are forced to move.

“This Is All Going To End, You’ll See”

This was all supposed to be over by now, right?

Taxpayers Are Broke…So Is The Government

Meanwhile Congress and the White House are negotiating new relief that starts at one trillion dollars. Where is the production and the tax revenue to pay for it?

Enormous Debt To Stop The Panic

More debt, more money printing and more borrowing future growth to stop the bleeding now.

The Boom Was A Dream

In addition the bill for the central bank’s propping up the world economy for at least ten years is coming due. Our economic boom was a dream. Corona is the shock that ended it.

Good Morning Sunshine!

In short it is not a pretty picture.

Optimism Rests On Stock Market and Unemployment Numbers

Similarly you’re going to hear a lot about unemployment numbers, the stock market and so on. But these are not how we measure the economy.

Top Guys Hedging Their Bets

In conclusion top financial people are already hedging their bets. Warning of gathering storm clouds and trouble ahead.

Kanye West, Protests and Karen

The fact that these stories have not seeped into the mainstream is especially relevant. But when you have riots, Kanye West and Karen’s antics at the WalMart to share on social media, who cares about the economy?

Really Hope The Optimists Are Right

To sum up, batten down the hatches America, in about a month we all may wish the eternal optimists were right.

Corona-Recession-Becoming-Depression?

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Media-Distorts-Poll-Results-Again-Bob Davis Podcast 932

Media Back To Its Old Tricks

Firstly the media is back to its old tricks. They are showing a shocking level of ignorance when it comes to political polls. Learn in Media-Distorts-Poll-Results-Again-Bob Davis Podcast 932.

Predicting The Future. Again.

Secondly we should be suspicious of a media with a penchant for predicting the future.

No Partisan Coverage of Election 2020 Here

More importantly I have avoided partisan criticism of the president. In addition I have refused to engage in the same kind of misinformation when it comes to potential presidential candidates. Now you understand why.

No Partisan Issue Advocacy Here Either

Moreover I refuse to advocate for partisan issues or tell listeners and subscribers what to think.

Political Polling Coverage

Therefore I am starting my political coverage of presidential polling for 2020.

State By State Reports

To clarify from time to time I will do some podcasts discussing recent polling on a state by state basis.

Ignorant Story Lines

Truth is, the story lines being created now may or may not be the eventual result. I’ll explain why in Media-Distorts-Poll-Results-Again-Bob Davis Podcast 932.

All About The Electoral Vote

Even more we choose our presidents through the electoral college. We do not vote directly for the office of president in the United States.This reality forces presidential campaigns to develop electoral strategies.

Divided? Really?

Above all we keep hearing how the United States has become a ‘divided’ country. It’s the Blue States against the Red States.

County By County Vote Totals

But county by county vote totals show the votes are often ‘blue’ or ‘red’ by pluralities, not majorities.

National Presidential Polls Are Useless

Finally citing national popularity polls, presidential job approval polls, or even national political preference is little more than a waste of time.

Another Close Contest, So Far…

In conclusion, the 2020 presidential race at this time looks like another close contest. Unless that reality changes it’s going to come down to some key states.

Still Not A Lot Of Polling Data For Battleground States

Meanwhile polling data is not available for all the so called battleground states.

Fantasy Reporting

In short don’t believe everything you hear.

(Editor’s Note: I refer to both candidates running as ‘presidents’. Obviously I meant President Trump and former Vice President Biden. In addition at the time of recording of this podcast results of the Iowa US Senate Primary had not been released. Due to this, no polls were available on the race. The primary was held on June 2nd, 2020. I said no democrat had yet been selected in the Iowa US Senate Race, which includes Senator Joni Ernst as the republican incumbent. This was true at the time. Now Ernst has a democratic opponent. For the results go here.)

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Media-Distorts-Poll-Results-Again-Bob Davis Podcast 932

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Fearmonger-Fishmonger-Virusmonger-Bob Davis Podcast 908

What’s a Monger Dad?

First of all a monger is someone who deals in something. These days with Coronavirus you might find yourself being called a fearmonger. Learn more in Fearmonger-Fishmonger-Virusmonger-Bob Davis Podcast 908.

Virus Fear

Especially relevant is my most recent podcast. I said if the virus causes an economic slowdown it would limit the President’s shot for a second term.

Not Just The Market

Moreover I did not base my analysis on the stock market. I know full well ups and downs will happen everyday until Covid-19 runs its course.

Things Should ALWAYS Go Smoothly Right?

I want to talk about how we expect things to go smoothly no matter what.

Always Right…Never Wrong

In addition, time to talk about how predictions about a developing story having to be one hundred percent correct all the time.

Fake News!

Most noteworthy, politicians who demonize media that doesn’t follow the party line. Fake News! Lies! Political Agenda!

Nothing To See Here Folks

Also the idea that ‘professionals’ are in charge. There’s nothing to worry about here! Just go back to your homes and wait for further instructions.

Projecting An Air Of Confidence

These days public and corporate officials project an air of confidence and competency.

Consequently our companies and governments maintain a a veneer of perfection publicly.

What happens when smart people make things go wrong? Check it out in Fearmonger-Fishmonger-Virusmonger-Bob Davis Podcast 908.

Cascade To Crisis

We’re on top of this! Nothing to worry about! Then, the unexpected cascade into crisis.

How do we react when the ‘super competent’ are swamped?

Complex Developing Crises

In conclusion don’t be so quick to judge someone’s takeaway today. Tomorrow they might be right. Especially when it comes to complex and developing crises.

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Fearmonger-Fishmonger-Virusmonger-Bob Davis Podcast 908

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