Economic-Boom-Smoke-And-Mirrors?-Bob Davis Podcast 872

Everyone Gets An Award. So What?

These days we live in a world where everyone gets an award for participation. Every now and then reality intrudes on our blissful paradise. We’ll talk about the 3rd quarter GDP numbers and what they mean in Economic-Boom-Smoke-And-Mirrors?-Bob Davis Podcast 872.

Ballyhoo and BS

We’ve been the victims of economic ballyhoo at least since 2016. Even more for years since the recession of 2008 we’ve been sold all kinds of snake oil. Green Shoots. The Light At The End Of The Tunnel. Priming The Pump. Economic Boom!

GDP Is The Yardstick

Gross Domestic Product is the yardstick by which we measure the economic performance of the world’s countries. This is especially relevant in the United States, where we will choose a new president and congress in 2020.

How Are We Doing?

Economy is one of the yard sticks by which we determine how our leaders ‘are doing’ at their jobs.

Third Quarter

Therefore when the third quarter GDP numbers came out this week, we now have a third data point on which to judge US economic performance in 2019.

Smoke and Mirrors?

How are we doing? We’ll find out in Economic-Boom-Smoke-And-Mirrors?-Bob Davis Podcast 872.

What’s A Boom?

First of all exactly what does an economic ‘boom’ look like and are we really living through one?

What About All The Other Stats?

Second, what about other measurements like employment, government spending, consumer spending and productivity?

Concentrate On Outcomes

I have often described my mission with these podcasts as a quest to concentrate on outcomes and relatively objective analysis of those outcomes.

No Predictions

Above all I avoid predictions. I won’t use superlatives to describe how great or bad things are. I do not want tell listeners what they’re supposed to think or advocate for.

More Questions

In conclusion, these new numbers raise more questions than answers.

In addition, what about inflation, business investment and growth in the future.

Moreover what about intervention by central banks?

I wonder, if there’s an economic boom why do we need so much government spending and interventions to keep it going? What about the enormous spending deficits and public debt?

Meeting Challenges

Finally what are the biggest economic and therefore social challenges ahead. Are we on path to address those challenges?

I don’t hear too much talk about that on the campaign trail, in government and in the media.

Sponsored by John D. Scott Personal Injury Lawyer and Hoffman Hamer and Associates

Economic-Boom-Smoke-And-Mirrors?-Bob Davis Podcast 872

 

 

 

General Motors Plant Closings Ruin Trump’s Day-Bob Davis Podcast 783

General Motors announced deep job cuts and plant closings recently. President Trump got angry. Find out what the real story is in General Motors Plant Closings Ruin Trump’s Day-Bob Davis Podcast 783.

Thousands Laid Off On Cyber Monday

Thousands laid off. Plants closed. People in Michigan and Ohio stunned. Now Trump is threatening the pull US Subsidies for Car Companies. See how it played out on Cable News here.

GM Says Cars Aren’t Selling

Most workers in Michigan and Ohio wanted to know why. GM says the Chevy Volt, Cruze, Impala, Buick LaCrosse and the Cadillac XTS aren’t selling.

Everyone Is Mad

Workers, unions and consumers are mad. So is the president. Most noteworthy are the taxpayers on the hook for billions in borrowed money to bail out the auto companies.

Can The Mighty Trump Fix It?

Moreover it’s the government’s job to create jobs and make sure we make what we consume in the US. Right? That was Trump’s campaign message to voters in Ohio, Michigan in Wisconsin. But, Trump represents a new “Republican Conservatism“, right? Learn more in General Motors Plant Closings Ruin Trump’s Day-Bob Davis Podcast 783.

A New Day For Republicans

It’s a new day. These days Wisconsin spends four billion dollars to create thirty thousand jobs. Trump can force Carrier to keep a plant in Indiana open.

The same plant that just announced 200 job cuts.

Obama’s Fault?

“It’s Obama’s Fault” say social media conservatives. Which president and which party urged bipartisan action to bail out the automakers? The answer is most noteworthy. To find out, download General Motors Plant Closings Ruin Trump’s Day-Bob Davis Podcast 783.

Bail Outs and Picking Winners

Finally, do conservatives believe the government should use tax dollars to bailout companies that are failing? What about higher taxes on companies as well as trading partners overseas? Furthermore do republicans believe the government should borrow money to subsidize plants for Elon Musk? Or stadia and other local building projects in cities?

In conclusion we can only wonder where all this leads. Isn’t it more like Italy in the 1920’s than the liberty and freedom we associate with the United States? That is a question especially for republicans?

Sponsored by John D Scott Personal Injury Lawyer and Water Butler Water Purification Systems

General Motors Plant Closings Ruin Trump’s Day-Bob Davis Podcast 783

July Fourth Recovery Weekend-Behind Headlines-Podcast 736

Is this the longest holiday weekend in history? With the fourth in the middle of the week, everyone is off. Time to update listeners and subscribers to cool stories behind the headlines in July Fourth Recovery Weekend-Behind Headlines-Podcast 736.

Trump’s Trade Protection Podcast On The Way

These days it gets harder everyday to keep up with the antics of the Trump Administration. On Friday the president announced additional tariffs on Chinese goods. This calls for a full podcast on trade protection, which is in the works. Meanwhile there are just too many crazy stories out there to ignore.

The Statue of Liberty Is In Las Vegas, right?

Everyone saw video of a naturalized US Citizen trying to climb the statue of liberty over the weekend. Did you hear that the United States Post Office used the statue of liberty in Las Vegas for their new liberty stamp? Listen for details in July Fourth Recovery Weekend-Behind Headlines-Podcast 736.

Why I Don’t Fly And Take The Back Roads

This was a week in which many Americans flew home for a few days for the holiday. If you fly you know it seems like there are more and more seats in the planes. It’s especially relevant that this is one of the top complaints of passengers.

The FAA says they can’t do anything about the number of seats on planes, until it becomes a safety issue. Furthermore, this is why I use Mobile Podcast Command for travel on the back roads because why bother with the stress of air travel unless you have to.

Tiki Torches and Coffee

We’re live from the deck on this perfect July Fourth Weekend podcast. Tiki Torches and coffee. In July Fourth Recovery Weekend-Behind Headlines-Podcast 736 a free wheeling podcast that touches on news behind the headlines as well as anything and everything that comes to mind.

These Days We Need More Sleep

It’s most noteworthy that I am nocturnal, so it doesn’t make any difference to me how much sleep I’m supposed to get.

Apparently modern life is so stressful we’re now being told we need more than eight hours of sleep. My recommendation? Get some sun. You’ll feel better.

Maybe It’s Morgellon’s

I don’t sleep because I lay in bed at night and watch You Tube. You can get lost in the seedy underbelly of America. Furthermore if you get the chance you might be surprised to find tons of videos on You Tube about something called ‘Morgellon’s Disease’. One more thing to worry about!

In conclusion, we still have quite a lot of holiday left to enjoy. This podcast will give you some fun topics to bring up during dinners at the lake and during the pontoon boat ride.

Sponsored by Water Butler Water Purification Systems and Reliafund Payment Processors

July Fourth Recovery Weekend-Behind Headlines-Podcast 736