Podcast 420

Bob Davis Unplugged. I’ve always admired talk show hosts who can do a good show without notes, preparation or a plan. Certainly walk and talk podcasts fit that bill, but it helps to walk while you talk. In studio is a different story. There have been some interesting developments in the news this week. Commentators are back to following the proverbial bouncing ball and missing some points that I think need to be made. Regarding the Oregon shooting; When I asked people what was going on in the news they said, “There’s the Trump thing, the Pope thing and oh yeah, another mass shooting.” Of course the President didn’t skip a second rushing out to demand Americans surrender their guns. Why do we have a second amendment? Is there a final check on the dangerous power of government? While we don’t generally think of a government that seems to exist to extract money from our paychecks and mail checks to others, including billionaires like Warren Buffett, there’s immense power in spying and militarized police departments. Then there’s the Communist Pope. The left loves Francis, or at least they did until it was reported that the Pope – who would rather talk about the scourge of Capitalism rather than the scourge of pedophilia in the Catholic Church – met with Kim Davis, the Kentucky County Clerk who refused to marry gay couples. Suddenly the ‘amazing’ Pope Francis was tarred and feathered on social media, to the extent that the Vatican this week back pedaled ‘explaining’ the Pope’s meeting with Davis. Then there are the economic pundits and employment numbers. Almost all of them predicted a ‘great’ employment report this week, especially since low gas prices ‘act like a tax cut by stimulating the economy’, until they don’t. Now, if you have been listening to the Bob Davis Podcasts you have been warned about this shibboleth long ago. Lower gas prices don’t ‘act like a tax cut’. Our economy would have to create over 375,000 jobs a month for a long time in order to bring the millions of people who are out of the work force back in. Sadly 375,000 is a number this country’s economy has not been able to attain since the recession back in 2008, despite all the efforts to ‘stimulate’ and ‘prime the pump’ from a trillion dollar stimulus to ‘cars for clunkers’ and every other cockamamie scheme cooked up by President Obama. Moreover, none of the presidential candidates, on both sides of the political spectrum seem to have a clue about how to grow the US Economy other than more stimulus, or tax cuts but no spending cuts. Have we — as in everyone in the world — forgotten how to be capitalists? Could we feed ourselves without a job or government handout if we had to? Maybe this could be one of the positive effects of a future ‘gig economy’ … with everyone freelancing, we might actually learn to create, not take. Sponsored by Pride of Homes and X Government Trucks.

Podcast: Play in new window | Download (Duration: 38:17 — ) | Embed

Subscribe: Apple Podcasts | RSS

Podcast 412

Dream It Do It. Thanks to all the beta testers of the Bob Davis Audiobook ‘The Chieftain 2021’ delivery systems. If you have not received an email download link yet, let us know. Advising beta testers of some of the issues related to the audiobook and how they’re solved provokes a discussion about creativity, what a dream is, and living the dream. We live in a society that increasingly seems as though its trying to tell us why we can’t do something rather than encouraging us to try. Some people who mean well, are really dream killers. What it would be like to make one tiny part of your dream come true? How would you feel? How would your life change? Technology makes it easier than ever to make our dreams come true. Now, all we have to do is create a structure that encourages people to make their dreams come true, rather than an aging structure that kills dreams. One way to make dreams come true would be to encourage economic growth. Republican candidate Jeb Bush says he has a plan for four percent economic growth, achieved through ‘cutting taxes’. ‘Cutting Taxes’; the holy grail of Republican politics. The thing is, growth won’t happen if you cut taxes on one group and raise taxes on the other if you don’t cut spending too. All you’re really doing is gathering water from the deep end of the pool and pouring it into the shallow end. Here’s a dream for you; A government that spends less every year and taxes less because of it. A government that doesn’t spy on its citizens because it needs to focus resources on existential threats. A government that doesn’t pick winners and losers, all the while adding to its own payrolls and growing larger and more dangerous every year. Guess what? None of the Republicans and certainly not the Democrats are talking about doing this. Meanwhile, the state of Illinois — the national financial basket case — is giving its lottery winners IOU’s; There isn’t enough cash in state coffers to pay them. Maybe its time to think differently about what government does, and what it costs us. Sponsored by X Government Trucks, Pride Of Homes and Luke Team Real Estate.

Podcast: Play in new window | Download (Duration: 37:55 — ) | Embed

Subscribe: Apple Podcasts | RSS

Podcast 407

Killing The Golden Goose. We’ve all heard the parable; The greedy farmer and his wife with the goose that lays the golden egg. As ‘back to school’ looms, the beginning of reengaging in the political process begins with a look at what the real issue might be in our economy and by extension, our politics in the United States. The question is, which is the goose and greedy farmer? Think of the economy – the sum total of all we consume and produce —  as a force of nature, like a hurricane rather than as some kind of Rube Goldberg device with dials and switches and levers. Or, as a golden goose. If the government takes more and more to sustain its operations and debt, where does that money come from? It comes from the individual. Can the government spend too much, and so require too much from the proverbial golden goose? You don’t hear this question discussed too much in the political arena these days. What you hear is a lot of nonsense about individual tax plans for the middle class, or taxing the so called ‘rich’. The fact is, the government takes your income — your wealth if you will — and uses it for its own aims. We’re supposed to have a conversation with our politicians regarding what those aims are, but we usually don’t. If government spending now, without calculating perpetual obligations like social security and other entitlements including medicaid, medicare and the so called Affordable Care Act is almost 40 percent of the country’s total economy, maybe this is the reason why our economy isn’t growing fast enough. Is it possible the greedy farmer is in the process of killing the golden goose? And if so, what do the perfumed princes on the campaign trail intend to do about it? The grey area between what is a public good, and greedy government is the crossroads where we are stuck. If we don’t figure out how to talk about it and to solve the problem, our goose is cooked. Sponsored by X Government Cars and Ryan Plumbing and Heating of Saint Paul. 

Podcast: Play in new window | Download (Duration: 30:31 — ) | Embed

Subscribe: Apple Podcasts | RSS