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.

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Podcast 375

Where’s My ObamaNet? FCC Commissioner Tom Wheeler wants to expand a program that dates back to at least the Bush Administration, which became known as the ‘Obama Phone’. Originally the program was intended to make sure older people with no communication could get phone lines, then it was expanded to include cell phones, and was made famous during the 2012 election cycle. Now the FCC wants to expand the program to include free broadband Internet! Surprise! We all pay extra on our phone bills to fund this program, now we’re paying so people who don’t work, can get free or low-cost Internet. When is it time to draw the line? Warning! This podcast includes a freewheeling discussion of technology it all its many forms, economic growth, dystopia, Paul Krugman, Solar Power, Wind Power, the smell of cigarettes and Martinis on a warm summer night, the sound of planes landing, and more! Big argument in the tech world after The New York Times Astrologer in Chief, Paul Krugman claimed the technology revolution has produced no economic growth. Is that true? Then there is the bizarre reaction to Artificial Intelligence, Autonomous Machines, Robotics and Additive Manufacturing (to name a few new technologies) threatening to eliminate jobs. Most of the time, it’s disbelief, followed by the darkest predictions about the future. And yet, technology revolutions throughout history while tumultuous, result in economic growth and more jobs. Why does the future have to be so bleak? What if the future is so bright, you’ll have to wear shades? Now, you might have to wear shades because you live next door to a giant solar farm — subsidized by the state and federal governments — while solar produces less than one percent of our power and pollutes the Earth. Why is it, news coverage of the spread of ‘friendly’ solar power doesn’t include stories about the pollution in creating, and eventually disposing of panels, and batteries? Sponsored by Baklund R&D.

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