Podcast 362

No Growth Economy. New numbers say the US Economy grew by only .2 percent. Yet still, the Federal Reserve says the economy should grow now in the second quarter. Never mind all the ‘experts’ predicted 2015 would be a ‘blow out’ year, and that they have been revising their predictions down all through the quarter, they were still way above what the numbers actually show. Excuses? They have a few. The weather. The work slow down at the Port in Los Angeles. The weather. The strong dollar. Did I mention the dollar? The US has now had quarter after quarter of slow, no, or only anemic growth, and yet the Obama administration and its apologists, and the bone headed financial media call it a ‘boom’. Meanwhile small and medium sized businesses all over the country know it for what it is. A no growth economy. Why do business writers believe things will change if the policies don’t change? Does the consumer really account for 70 percent of the economy? What if we’re using the wrong tools to stimulate the wrong things? What’s that old saw about the definition of insanity? Banks aren’t lending because they can make more money borrowing at the discount window, reinvesting in the stock markets. Companies aren’t investing because they’re buying back their own stocks. The US corporate tax rate is the highest in the world (by far), and the tax code is so complex it costs us dearly in productivity lost (while we comply with the tax code) and literally billions of dollars spent complying with its byzantine rules. Regulations of all kinds make it almost impossible for small and medium sized businesses to grow. What are the policy ideas we need to hear from candidates (which we’re not hearing) to fix the economy. It’s not about inequality. It’s not about ‘reformicon’ tax policies (which are actually democrat tax policies warmed over), or making the government work more efficiently. In this podcast, some ideas you may agree or disagree with, but it will definitely start you thinking. Sponsored by Ryan Plumbing and Heating and X Government Cars

Podcast 357

Wyoming Breakout. Back home from Road Trip II, 2015. The story of the ‘breakout from Wyoming’, going up and down a big mountain in the middle of the spring snow storm, and outrunning the weather heading east. The objective? Don’t stop until warmer weather and or sunshine, whichever occurs first. In this case, it happened to be Sidney, Nebraska. Then, a day’s drive in the pouring rain through the Cornhusker State, onto Iowa for the final leg home from Des Moines to the Twin Cities. The Mobile Podcast Command Unit 8 performed brilliantly under varying conditions. Email from a listener introduced to us through a knock on the window of Unit 8 at midnight, behind a Casino. Plus some thoughts about the 2016 political cycle in the superb setting of the famous Nepenthe, located in the mountains of Big Sur, California, as we wait for a table, through the magic of audio podcasts. One of the things that kept coming up throughout the trip is this question of whether anyone who isn’t a political operative, or junkie, is paying attention to the cattle call of republican candidates, and the farce of democrat presidential candidates in the current time frame. Farmers let their fields lay fallow, so the soil isn’t fatigued. Creatives know sometimes you need to take a break in order to avoid burn out, writer’s block, and to get to the good stuff, creatively speaking. The media knows nothing of this, and continues to sift, and report and sift, and grind until there’s nothing left. What’s important right now isn’t personalities, the outrage of the day, or some expose. People need time to take a break from all the politics so they can actually do some internal thinking about the things that matter most to them. What are the overarching themes? Has any party developed an overall narrative that motivates real people to work and vote for the candidates? Does the candidate him or herself even matter? We’re not hearing those themes. We’re hearing what this one said about that one and how this one is getting more contributions, and the other one looks good or bad. The most divisive institution in American politics is not Congress, it’s the media. Can people tune it out? Sitting in the beautiful sunshine of Big Sur, staring out at the Pacific makes one think it is possible. Sponsored by Baklund R&D. (Image from California Travels)