Booming US Economy-Reality Check-Bob Davis Podcast 811

These days Trump cultists love to talk about the booming economy. Time for a reality check. Learn more in Booming US Economy-Reality Check-Bob Davis Podcast 811.

Under 3 Percent

Especially relevant are Gross Domestic Product numbers from the 4th quarter of 2018. The average for the whole year is predicted to be under three percent.

Cherry Picking Numbers

Boosters like to cherry pick statistics. I like good old Gross Domestic Product numbers. They are released at the end of every quarter. GDP performance for each fiscal year is pretty hard to ignore. Especially when people say this president has ‘fixed’ the economy and worked miracles.

Just Because You Do Well Doesn’t Mean The Economy Is Doing Well

Moreover if I’ve heard it once I have heard it a thousand times. Saying your business is doing well does not mean the economy as a whole is doing any better than it has. The latest retail performance is a good example. This distinction is important only because the president wants us to believe he “blows Ronald Reagan Away”.

Objective Legislative Achievements On Economy

In Booming US Economy-Reality Check-Bob Davis Podcast 811 I objectively list President Trump’s few legislative achievements when it comes to the economy as well as his executive orders concerning the economy.

Hardly A Boom

In 2017 the US Economy grew by 2.2 percent. First quarter of 2018 was 2.2 percent. Second quarter 4.2 percent. Third quarter 3.4 percent. Fourth quarter 2.6 percent. Hardly a boom.

Not Even As Good As Obama

In contrast, President Obama’s best year was 2015, at 2.9 percent. Obama also presided over one quarter of growth of 5.1 percent, followed by another quarter of 4.9 percent growth. Better than Trump’s best two quarters so far.

Actual GDP Numbers

First of all growth is growth and we’ll take it. However, because of republican claims of great economic success, it’s time for a reality check based on actual GDP numbers.

And Obama Wasn’t That Good Either

At issue are claims by the president and his supporters he has done a fantastic job. Truth is so far his numbers are still about the same as Obama’s, which weren’t very good either.

We Pale In Contrast To The Early 80’s, Mid and Early 1960’s and 1950’s

Even more, all the numbers in our time pale in contrast to performance above 7 percent in the 80’s, high six percent in the 60’s and above 8 percent in the 1950’s.

Contrast our time with the 1980’s, 1960’s, or 1950’s.

What we’re living through is not a boom.

Republican Doesn’t Mean Conservative Anymore

Finally a republican in the White House does not guarantee ‘conservative’ economic management. Pushing for a weak dollar. Borrowing to stimulate. Trade Protection. Adding trillions to the national debt. More debt and deficit spending for ‘infrastructure‘ don’t seem like ‘republican‘ ideas.

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Booming US Economy-Reality Check-Bob Davis Podcast 811

Trump-Cognitive-Dissonance-Chaos-On-Border-Pure-Genius-Podcast-733

Time to talk about the elephant in the room. These days Trump gets better and better at causing a hurricane then standing in the eye of the storm. Find out why in Trump-Cognitive-Dissonance-Chaos-On-Border-Pure-Genius-Podcast-733.

Children Detained Since 2014

First of all everyone now knows some details about the children of illegal immigrants being detained at the border. Pictures of children in cells from the Obama era have been around since 2014. At the root of these detainments is something called ‘Flores‘.

Trump Promises Trump Delivers

President trump made two promises specific to Immigration during his 2016 campaign. Trump said he wanted to build a wall on the southern border and that he would enforce immigration laws if he became president.

Media Firestorm

Due to enforcement efforts and the courts, there’s a new batch of kids on the border. Welcome to the latest media firestorm.

Plenty of Blame To Go Around

While there are two sides to every story there’s plenty of blame to go around on this one. Find out why in Trump-Cognitive-Dissonance-Chaos-On-Border-Pure-Genius-Podcast-733.

A Public Relations Nightmare? Not So Fast

Democrats and Republicans agree on one thing. This is a travesty and a public relations nightmare for the US. Is it the same for the president?

Finally Trump retreated and used his favorite means of ‘legislation’. He issued an executive order, to keep detained families together.

Another Trump Stunt

Especially relevant here are officials within the Trump administration who have argued for years this kind of stunt is just what the doctor ordered to get congress to act.

Immigration Law And Texas History

In Trump-Cognitive-Dissonance-Chaos-On-Border-Pure-Genius-Podcast-733 some history of immigration law and the southern US Border in Texas. In addition some details on the ‘Flores Decision’ which is central to this issue.

How Would We Solve This?

More important, what do we think of this issue as citizens? How would we solve this problem? Most noteworthy is the fact that Americans do not agree on this issue. At all.

Cognitive Dissonance

Finally, these kinds of stunts on both sides of the so called political divide don’t solve anything. This is what Trump wants. When you add emotion to the mix no matter what new information comes to light, people only fight harder for their original position.

Midterm Elections

Republican voters don’t care about their local candidates in the midterm elections. They care about Donald Trump. My sense is the president figures whatever it takes to get the so called republican core off their asses and to the polls is good enough. Besides, we’ll all forget about kids in jails after the next stunt, coming to a television near you soon.

Trump In The Eye Of A Storm He Created

In the final analysis, this kind of thing works politically, until it doesn’t. Trump can stand in the eye of the storm. He can be proud of not knowing all the details, until one of these days he causes a real crisis.

Until then. Enjoy the party.

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Trump-Cognitive-Dissonance-Chaos-On-Border-Pure-Genius-Podcast-733

 

 

 

 

Trump’s Comey Con 2017-Podcast 629

President Trump fires FBI director Comey. The advocacy media goes crazy. Everything Trump does is wrong. Whatever Trump does is right. Everyone wants to hear what they want to hear. Republicans are good/bad. Democrats are bad/good. My team is better than your team. This is not an informed populace. This is the Roman Chariot races. In Trump’s Comey Con 2017-Podcast 629.

Media At Its Best

A blizzard of reaction, meetings in the bushes, comments at press conferences, tweets and opinions about what happened makes it impossible to advance the story. The President can fire the FBI director if he wants. No it isn’t unprecedented. Yes it is unusual. Bill Clinton was the last president to do it. Yes a President should have the people he wants in his administration.

That’s My Story and I’m sticking To It. Or not.

Believe what you want. Trump wanted to fire Comey from the get go. Or, Trump decided quickly he’d had it with Comey’s showboating and decided to fire him. Or, Trump fired Comey because the FBI director wanted more money for continuing the FBI probe of the allegations Russia tampered with the 2016 election. Pick and choose your truth.

Good Luck

If your two sources of information are the local talk radio station and a cable show in the evening you won’t know much. If you read all the columns and commentary from pundits trying to persuade people the red team is right, or the blue team is right you’ll be more confused. The commentary masquerading as news goes many layers deep. Actual reporting is scarce. Facts are dear.

What Do You Actually Know

Partisan reaction obscures a very important question. What is the truth regarding allegations of attempts by the Russians to influence the US Election? Is it true Trump campaign officials colluded with the Russians in an alleged effort to influence the US Election? Did the Russians work on behalf of the Trump campaign? Was then candidate Donald Trump aware? Did Trump collude with the Russians?

Firing the FBI director has done nothing but open a festering wound. Do you know whether there was collusion between the Russians and the Trump campaign? Your congressmen and senators do not know either. We will eventually have to have a special prosecutor to settle the question. As this process works itself out, you and I will know even less.

Who’s Minding The Store?

Meanwhile not much is getting done, despite the first 100 days ballyhoo. The so called ‘ObamaCare repeal’ bill languishes in the Senate. Courts have tied up the most significant of the Trump executive orders, while others merely direct studies to take place or involve the normal process of running the executive branch. Congress passed and the president signed a budget that looks like a holdover from the Obama administration. This is draining the swamp? This is a new day?

Advice From Talk Show Hosts

Right wing talk show hosts are suddenly talking about how Trump can’t be Trump, or why we need a constitutional convention that mysteriously would only include ‘conservatives’. And yet, Trump appears to be doing quite well at being himself in spite of all the advice from those knowledgeable talk show hosts. Just look at his tweets.

Well. At least we’re not talking about a crisis in the middle east or North Korea.

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Trump’s Comey Con 2017-Podcast 629