Shortage-Lies-Damn-Lies-Bob Davis Podcast 1022

Shortage Lies and Damn Lies

Firstly I don’t know whether the shortage predictions will come true at some future date. But what I am hearing on the news doesn’t jibe with what I am seeing all across America. Learn why I say this in Shortage-Lies-Damn-Lies-Bob Davis Podcast 1022.

Might Be Shortages

Secondly I am not saying there aren’t shortages in some places.

Maybe Some Can’t Find What They Want

Even more not saying some people can’t find the things they want.

Above all that all might be true.

My Survey Of Stores In The Southwest

However recently I completed an organized informal survey of several Walmarts in the American Southwest.

A Method To The Madness

Specifically my conclusions are that there are patterns to the empty shelve syndrome we keep seeing on social media.

Inflation?

In addition there are probably two other causes of shortages where they are seen. Both causes seem to make the case for disinflation.

Doom Triggers

Most importantly I think some prognosticators and politicians get a benefit from predicting doom.

No Toys For Christmas!

For example we keep hearing there won’t be any toys for Christmas.

No Candy For Halloween!

Or that Halloween Candy will not be available.

Truth

Firstly the truth is I have been in several stores in Nevada and California in the last two days and there is plenty of Halloween stuff.

Santa’s Loaded Down

In addition the toy and Christmas aisles were jam packed with goods and these same stores.

Trucker Shortage?

But what about the trucker shortage Bob Davis?

Containers Sitting In The Ocean?

Above all what about all those containers sitting in the ocean at the LA Port?

Are We Sure Retailers Want The Containers?

To clarify I personally don’t think a lot of retailers want those containers to be processed and the goods to end up on the shelves. I’ll tell you why in Shortage-Lies-Damn-Lies-Bob Davis Podcast 1022.

Trucking Companies Driver Problem Goes Back Ten Years

And the trucking companies have been complaining about trucker shortages since the early two thousands.

What’s different now?

Mom’s Buying All The Sugar and Flour

Meanwhile what I am seeing fly off the shelves at are staples.

Flour. Sugar. Rice. Syrup.

But Not Honey Nut Cheerios

They’re not even buying Honey Nut Cheerios.

Or Whiskey.

Therefore something else is going on.

Finally these days I don’t like to do controversial subjects. It just ends up being an argument anyway.

But…

I don’t have some deep need to be relevant.

To sum up I’m doing this because all this talk of shortage is not matching what I am seeing in my travels across this country.

It’s All Good

In short from California to Maine and back again I have not been able to find something I need.

Plenty Of Grass Fed Beef

Even more while I have seen the bottom shelves where the sale stuff is empty, I’ve also seen stores packed with consumer goods of all kinds.

In conclusion with the truck stops packed and stores full I am starting to wonder if someone is lying.

Shockingly I always thought you could trust YouTube prep guys and politicians.

Shortage-Lies-Damn-Lies-Bob Davis Podcast 1022

(Editor’s Note: My definition of disinflation is not very good on this podcast. For a great definition click on the word ‘disinflation’ above.)

Podcast: Play in new window | Download (Duration: 41:30 — 95.0MB) | Embed

Subscribe: Apple Podcasts | RSS

Recession-Warning-Media-Confusion-Bob Davis Podcast 855

What Is All This Talk About Recession

These days it’s hard to tell who to believe. In many ways it’s the best economy ever. The best time to look for a job. An unprecedented economic boom. Why is everyone suddenly talking about a recession. Learn more in Recession-Warning-Media-Confusion-Bob Davis Podcast 855.

Not Making Predictions

First of all I am not here to tell you the economy is in the tank, or that it is booming.

Recession! Depression! Do I have Your Attention Now?

Truth is if you put the words recession, bust, or depression in an article you’re going to get people’s attention. In addition it doesn’t hurt to have a couple of historic drops in the stock market.

Now that I have your attention…Listen to Recession-Warning-Media-Confusion-Bob Davis Podcast 855.

Market Drops and Yield Curves Mean New Media Story Lines

It doesn’t matter if the markets recover from those drops.

What matters is now the media has a story line that predicts doom and destruction.

Fool’s Errand

Especially relevant is a lesson I learned a long time ago. It doesn’t matter how well informed a commentator might be. Making predictions about a force of nature like the world’s largest economy, is a fool’s errand.

Shallow Expansion, Debt and Slowing Growth

Even more, it is true our economy is growing and we are enjoying the longest economic expansion in memory. It’s also true it’s a shallow expansion and that growth just above the inflation line, isn’t really booming. Moreover, the expansion is getting pretty long in the tooth, as the say.

There Is A Season

In contrast like the seasons, economies operate on a cycle. Truth is anyone who predicts a recession will ultimately be right. Just like fall into winter recessions have a purpose. Economic contractions kill off the weak plants and animals and insects so the strong and grow again in the spring.

So when the yield curve inverts and the market drops it is certainly worth paying attention.

Seems like we’re missing something though. While the politicians and talking heads trade insults about who’s predictions are right, what are we thinking about?

Election Year Economics

In conclusion what plans to we the people have for the future economy of the United States. I sat down to do a podcast on the yield curve, claims about unemployment and recession predictions. I ended up with an essay on the pitfalls of talking economy in an election year, the ballyhoo on the current economy when the real questions aren’t even being asked. Let alone answered.

It’s 1950 In America…Coal Mines and Manufacturing, right?

Where are we going? What are we trying to accomplish? What kind of economy do we expect in the future. Is it really manufacturing jobs in Ohio and Coal Mines in West Virginia?

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

Recession-Warning-Media-Confusion-Bob Davis Podcast 855

Podcast: Play in new window | Download (Duration: 29:17 — 67.0MB) | Embed

Subscribe: Apple Podcasts | RSS

Super-Blood-Wolf-Moon-Eclipse-Endgame USA-Podcast 797

First of all they say an eclipse brings change. Do you think we need change or have we had enough? Learn more in Super-Blood-Wolf-Moon-Eclipse-Endgame USA-Podcast 797.

Shouting Across the Aisle

These days all you hear about is the latest insult. What one is doing to the other. What the other said about the one. Meanwhile there are lessons to be learned from the longest ‘government shut down in history’, even if it is over by the time you listen to this podcast.

Feds Furloughed. What About The Rest Of The Country?

As federal workers head into their second pay period with no paycheck, certainly they have concerns about the future. What about the rest of the country?

US Federal Government. Too Big To Fail?

In contrast to the furloughed feds, the rest of us are learning just how important the federal government is to the overall US Economy. In my state the federal government is one of the top five employers. The same is true to varying degrees in most other states. Find out more in Super-Blood-Wolf-Moon-Eclipse-Endgame USA-Podcast 797.

Fruits Of Government Not Labor

Consequently all the talking heads seem to be focused on the fruits of the government, and what happens when those fruits are taken away.

While the rest of the world bemoans the state of the federal employee, what about the impact of government spending? It’s all in Super-Blood-Wolf-Moon-Eclipse-Endgame USA-Podcast 797.

New Theory Spend, Borrow, Print

A new modern monetary theory everyone in Washington is taking about says it doesn’t matter how much we borrow and spend. Or tax. All we have to do is print more money. There’s no sunset to the wonderful things we can do for Americans and the rest of the world. Rome had the same idea.

We’re All Globalists Now

Furthermore younger demographics don’t have a problem with the supreme sovereignty of the state or spending. And there is a fair amount of support in younger demographics for globalism, despite Brexit and the Yellow Vest Protests.

Republicans want to borrow for things they want, and so do democrats!

Spending and Borrowing? Both Political Parties Are Bankrupt

When it comes to spending it doesn’t matter whether there is a R or a D in front of a name. For example, what’s the argument against borrow and spend when you spend and borrow?

Pass Me The Soma!

Finally one thing about an eclipse. We get to see just how fast things are moving. As the soma from our biggest satellite faded from the sky recently, one wonders how long it will be before the benefits of individual sovereignty and freedom fade also.

Out With The Old…

In conclusion, isn’t that what an eclipse is all about? Out with the old…In with the new. ( Editor’s Note: That fantastic picture of the blood moon Sunday, January 21st was taken by Mitch Rossow, of Mitch Rossow Photography, from his roof in Uptown Minneapolis.)

Sponsored by John D Scott Personal Injury Lawyer and Reliafund Payment Processors

Super-Blood-Wolf-Moon-Eclipse-Endgame USA-Podcast 797

Podcast: Play in new window | Download (Duration: 41:09 — 94.2MB) | Embed

Subscribe: Apple Podcasts | RSS