Unbounded Optimism-Exuberance-Technology Revolution-Age Of Trump-Podcast 707

The economy is booming. Everything is getting better. Talk to a Trump supporter these days and that’s what you’ll hear. We’ll discuss it in Unbounded Optimism-Exuberance-Technology Revolution-Age Of Trump-Podcast 707.

The Economy Is Booming

A few weeks ago the Atlanta Federal Reserve, known for its bullish predictions, announced first quarter 2018 economic growth might be as high as 5.4 percent. It sure seemed to make sense, to hear main street tell it. Wall Street seemed to agree. In Unbounded Optimism-Exuberance-Technology Revolution-Age Of Trump-Podcast 707.

Wait! What? But You Said The Economy Was Booming!

This week the same Atlanta Fed announced a revision of its earlier prediction, suggesting economic growth for the United States might only be 1.3 percent. Less than the 2+ percent growth in the fourth quarter of last year, which was hardly booming.

We Have To Make Stuff, right?

We’ve been hearing it for awhile. America doesn’t make stuff anymore. Trump’s gonna fix it. Trade protection for the struggling manufacturers. Help for the broad shoulders of America’s industrial past. Trump’s gonna show ’em all. Find out if this is true in Unbounded Optimism-Exuberance-Technology Revolution-Age Of Trump-Podcast 707.

Where Is The Greatest Generation When You Need Them Say The Baby Boomers

Whether it’s your local Tea Party guy or President Clinton’s former labor Secretary Robert Reich, the chant is the same. We don’t make stuff anymore. Sudden authorities on the subject of character point to World War II heroes and 1930’s social welfare warriors as paragons of virtue. The past sure seems sweet to the baby boomers these days.

Suddenly the 1950’s are back.

Forget Big Oil and Banking Go After The Tech Guys

Especially relevant are the Steel and Oil barons. They used to be the villains. Now it’s the tech guys. Republicans used to be against regulation right? Suddenly the republicans and democrats want to regulate social media and search engine tycoons, because ‘something’s got to be done’. Listen to Unbounded Optimism-Exuberance-Technology Revolution-Age Of Trump-Podcast 707.

Smells Like Reagan But…

Administration officials talk trade protection and a weak dollar. So called conservatives add trillions of dollars in debt to pay for tax cuts. There’s talk about increasing taxes on gas and diesel and spending hundreds of billions more on building bridges and roads. There’s talk of US involvement in war in Syria and on the Korean peninsula. These are republicans?

Does that sound like the Reagan Revolution to you?

Everywhere an unseen revolution in technology is eroding and wiping away institutions, including government. The right and the left have lost their way. Big change is upon us. We’re going to have to figure out what comes next because our leaders never will

Are we?

In conclusion we can’t go back to the 1950‘s. However, we can’t seem to move forward. What’s our role in creating the future. What are the most important values in a world where human beings may live hundreds of years longer, robots will farm and manufacture, money will be on your hand held device, cars and trucks will drive themselves, drones will deliver and your robot girlfriend may be a lot smarter than you!

Sponsored by Reliafund

Unbounded Optimism-Exuberance-Technology Revolution-Age Of Trump-Podcast 707

Death Of The Political Junkie Rest in Peace-Podcast 645

Are you a political junkie? Wake up in the middle of the night to check headlines? Scan social media in the bathroom? Watch the 24 hour cable news channels? Listen to talk radio on the weekend? Inbox full of political emails? We’ll talk about it in Death Of The Political Junkie Rest in Peace-Podcast 645.

Relevance

TV Stars and channels just want to keep their brands and their personalities foremost in your mind. Same with politicians. This is what people in the media call ‘Being Relevant’.

Inside Baseball

The problem is, the twenty four hour political chatter is less relevant every day. Those addicted to what we call politics these days are driving a conversation about tweets, traded insults, and stunts by people who seem more and more unhinged as each minute passes. In Death Of The Political Junkie Rest in Peace-Podcast 645.

Lies Conceal Truth

Politics and those who cover it are talking about each other more than they actually report on the news. The result? The actual political community continues to do whatever it wants, whenever it wants.

Mika Joe and Donald

Even though we have all kinds of ‘news’ coverage, it seems like the function of our government is a mystery to most people. Relating new things to the audience becomes more and more difficult in a sea of nonsense. Television presenters who poke at public figures getting a taste of their own medicine is news? Featured in Death Of The Political Junkie Rest in Peace-Podcast 645.

Meanwhile We’re Bankrupt

Puerto Rico is bankrupt. Illinois, California and New York are next. Debt is at record levels. Both political parties promise more and more. Someone, somewhere, someday will have to pay for it.

People vote for personalities. When their ‘guy’ takes office, it is expected he or she will do what ‘the voters’ want. That is not what happens. Why? Political Junkies these days know it all. They can tell you why Trump is a sociopath or why Loretta Lynch should be in federal prison but they can’t tell you what a republican stands for or what a democrat is. Maybe it’s time to watch less and do more.

Sponsored by Ryan Plumbing and Heating of Saint Paul and X Government Cars.

Death Of The Political Junkie Rest in Peace-Podcast 645


 

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.