Trump-Republicans-Spending-Debt-Bob Davis Podcast 850

Trump-Republicans-Spending-Debt-Bob Davis Podcast 850

Another Trillion Dollars

This week the president’s budget deal adds a trillion dollars to the National Debt. These days it’s depressing when so called conservatives say, “Deficits Don’t Matter“. Learn more in Trump-Republicans-Spending-Debt-Bob Davis Podcast 850.

Trump Republicans Spending and More Debt

Above all, Trump’s spending is on pace with Obama first term red ink.

I’ll Pay Off The Deficit In Eight Years

Moreover campaigning in 2016, Trump said he’d pay off the deficit in just eight years. In those days the deficit was 20 trillion. It’s now almost 23 trillion.

Current Federal Debt Is Unsustainable? Bring It on!

As the president began his second year in office, the General Accounting Office released a report on the national debt. The current Federal Fiscal Situation is unsustainable, it said. More in Trump-Republicans-Spending-Debt-Bob Davis Podcast 850.

Republicans Addition To Debt Peaks In 2030

In fact, the GAO report showed US debt beginning to rise and peak in 2030, long after Trump has left the White House.

American Cities Are Broke Again

Over 70 US cities are in deep financial trouble. New York City is broke. Los Angeles isn’t far behind. Chicago is in a tailspin. I’ll explain it in Trump-Republicans-Spending-Debt-Bob Davis Podcast 850.

The Amount of Spending And Debt Is Shocking

When it comes to cities, counties and states investigators have to use forensic accounting to find out what’s going on. Even in small towns and counties across the country those investigations are uncovering a shocking amount of spending and debt.

Bonding On Bonding

Even more, states use bonding bills to get around balancing budgets. Therefore creating more debt through bonding.

Corporate Debt Binge

US corporations are on a debt binge too. Corporate debt is skyrocketing. It’s now 45 percent of our GDP. Much higher than during the 2008 crisis and dotcom bubble.

Americans Saved The Economy In The 2nd Quarter With More Debt

In addition Americans are more indebted than they were before 2008. US Household debt is 13.3 trillion in the second quarter. Much of it auto loans. Certainly Americans don’t save enough.

Conservatives Say Don’t Worry

Republicans say debt doesn’t matter and democrats have a new monetary theory. There’s nothing to worry about. Right? The US can “print” as much money as it needs as long as it prints US dollars.

Politicians Handing Out Goodies

Goodies like free college, single payer health, a green new deal, a higher minimum wage and guaranteed full employment are just around the corner. Just simply print money.

[Editor’s Note: In this podcast I used a quote from President Trump saying that he said, “No politician has ever been thrown out of office for not spending money. In fact he is reported to have told Senator McConnell, “No politician has ever lost his job for SPENDING money.”)

Forget Rome, England, Spain, Germany, Venezuela and Zimbabwe.

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

Trump-Republicans-Spending-Debt-Bob Davis Podcast 850

Podcast: Play in new window | Download (Duration: 27:08 — 62.1MB) | Embed

Subscribe: Apple Podcasts | RSS

 

 

Early-Election-Advisory-2020-Bob Davis Podcast 836

Early-Election-Advisory-2020-Bob Davis Podcast 836

A Year Away And It’s Already Started

The 2020 election is more than a year away. Time and distance doesn’t stop the predictions about who’s running. Even more, who’s going to win. Time to come back to Earth in Early-Election-Advisory-2020-Bob Davis Podcast 836.

Sorry State Of Politics

One of the themes of my podcasts is the sorry state of politics in the United States. First of all our politics these days are driven completely by media. Social media. Cable News Channels. YouTube. Podcasting. All partisan. Usually owned by rich political operators.

Don’t Trust Everything You Read

Moreover it’s all about persuasion. Nothing we see or hear can be trusted.

Confirmation Bias

Tell us what they want to hear.

Make us feel good about it.

What I Won’t Do

Due to advocacy media, seems like the best thing I can do is tell you what I won’t do when it comes to coverage of election 2020. This kind of coverage is a great opportunity for independent voices.

Manipulation Is The Media’s Business

Certainly all the commentators and talking heads are busy convincing us of a point of view. Predicting the future, making assumptions on rumor and innuendo are the tools they use to manipulate viewers. Learn more in Early-Election-Advisory-2020-Bob Davis Podcast 836.

The Borg

Meanwhile local, state and the federal government take in huge sums of money and we don’t seem to have any control over how it’s spent. Consequently more of us feel government is the Borg. We can’t understand it, much less control it. And increasingly we don’t like this feeling.

No Predictions

Therefore with over 25 candidates for the presidency the best service I can provide is to steadfastly avoid predictions and identify my own biases.

Can’t Stand Any of Them

Finally, that doesn’t mean I can’t appreciate political skill. campaign wins and losses, political brinkmanship or propaganda. I just refuse to jump in on one side or another. I also refuse to predict the future and predict outcomes. Especially outcomes based on polls.

See It For What It Is

In conclusion, I have found the best way to learn what “The American People” might be thinking, is travel and actually covering these political events.

Sponsored by Reliafund Payment Processors and WhiteTail Builders of Andover Minnesota

Early-Election-Advisory-2020-Bob Davis Podcast 836

Podcast: Play in new window | Download (Duration: 34:00 — 77.8MB) | Embed

Subscribe: Apple Podcasts | RSS

 

 

Separate Realities-Bob Davis Podcast 820

Separate Realities-Bob Davis Podcast 820

My friend recently said these days he feels like he woke up in a separate reality. We’ll talk about why we all feel this way in Separate Realities-Bob Davis Podcast 820.

Triggers

In addition my friend said he feels like he doesn’t know his friends anymore. He has to be careful with everything he says. It’s all too easy to provoke or ‘trigger’ people into highly emotional reactions.

Media Machine

In Separate Realities-Bob Davis Podcast 820 I talk about why we feel this way. Especially relevant is a twenty-four seven media machine. Present on all different platforms, all the time.

People We Would Never Know On Social Media

Moreover we are confronted with the emotions of those we might not have thought about at all, were it not for social media.

Political Media Matrix

In contrast it isn’t the pictures of our neighbors car or kids that’s causing this experience of living in separate realities. It’s what the political and media sphere has done with digital media technology.

Confusion Reigns

As a result of this matrix of lies and half truths we are more confused and emotionally triggered than ever before.

Slaves To A Web Of Lies

Consequently we do not realize we have become slaves to politicians and their web of lies. The media is a willing servant to them.

Your Feelings Aren’t Wrong

In conclusion it’s not my role to tell people how to live or to talk about the same thing every day. If you feel like you’re living in a separate reality from say, four or five, or ten years ago, you are not wrong.

The question is what we’re going to do about it.

Sponsored by Organo Change Your Coffee Change Your Life and Ryan Plumbing and Heating of Saint Paul

Separate Realities-Bob Davis Podcast 820

Podcast: Play in new window | Download (Duration: 38:00 — 87.0MB) | Embed

Subscribe: Apple Podcasts | RSS