Recession-Warning-Media-Confusion-Bob Davis Podcast 855

What Is All This Talk About Recession

These days it’s hard to tell who to believe. In many ways it’s the best economy ever. The best time to look for a job. An unprecedented economic boom. Why is everyone suddenly talking about a recession. Learn more in Recession-Warning-Media-Confusion-Bob Davis Podcast 855.

Not Making Predictions

First of all I am not here to tell you the economy is in the tank, or that it is booming.

Recession! Depression! Do I have Your Attention Now?

Truth is if you put the words recession, bust, or depression in an article you’re going to get people’s attention. In addition it doesn’t hurt to have a couple of historic drops in the stock market.

Now that I have your attention…Listen to Recession-Warning-Media-Confusion-Bob Davis Podcast 855.

Market Drops and Yield Curves Mean New Media Story Lines

It doesn’t matter if the markets recover from those drops.

What matters is now the media has a story line that predicts doom and destruction.

Fool’s Errand

Especially relevant is a lesson I learned a long time ago. It doesn’t matter how well informed a commentator might be. Making predictions about a force of nature like the world’s largest economy, is a fool’s errand.

Shallow Expansion, Debt and Slowing Growth

Even more, it is true our economy is growing and we are enjoying the longest economic expansion in memory. It’s also true it’s a shallow expansion and that growth just above the inflation line, isn’t really booming. Moreover, the expansion is getting pretty long in the tooth, as the say.

There Is A Season

In contrast like the seasons, economies operate on a cycle. Truth is anyone who predicts a recession will ultimately be right. Just like fall into winter recessions have a purpose. Economic contractions kill off the weak plants and animals and insects so the strong and grow again in the spring.

So when the yield curve inverts and the market drops it is certainly worth paying attention.

Seems like we’re missing something though. While the politicians and talking heads trade insults about who’s predictions are right, what are we thinking about?

Election Year Economics

In conclusion what plans to we the people have for the future economy of the United States. I sat down to do a podcast on the yield curve, claims about unemployment and recession predictions. I ended up with an essay on the pitfalls of talking economy in an election year, the ballyhoo on the current economy when the real questions aren’t even being asked. Let alone answered.

It’s 1950 In America…Coal Mines and Manufacturing, right?

Where are we going? What are we trying to accomplish? What kind of economy do we expect in the future. Is it really manufacturing jobs in Ohio and Coal Mines in West Virginia?

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

Recession-Warning-Media-Confusion-Bob Davis Podcast 855

 

Republican Dark Future-Raising The Stakes-Bob Davis Podcast 780

The political blame game has only just begun for republicans. What’s wrong and what is the future for the GOP. We’ll talk about it in Republican Dark Future-Raising The Stakes-Bob Davis Podcast 780.

A Dark Future For So Called Conservatives

Most noteworthy, and not surprisingly talking heads who predicted the GOP would hold the house (they were wrong) are now telling anyone who will listen how to fix the failed republican effort. The real truth is the republican party has a dark future.

A Deal With The Devil

What happened? Let’s be honest. Republican Moderates made a deal with a reality TV host and real estate developer. He would be the standard bearer and they would run things. Turned out neither was very good at either.

Reality Show Government

With only two major legislative accomplishments to its credit, the Trump administration has become a reality show played out on Twitter and Cable news.

All Things Republican Trumpism Is Not

Meanwhile the president ‘fixes’ everything and ‘drains the swamp’ with executive orders, which of course can be reversed. Free trade? Not this president.

Supply Side Economics? Nope. Cutting spending? Not gonna happen. Repealing the Affordable Care Act? You can forget about that. Now, growing concerns about a possible recession and corporate debt, actually all kinds of debt, even though the president says the economy is “Booming”.

A Republican Is Burying Us In Deficits?

Demand we “Build A Wall” and refuse to pay for it? Deploy United States Troops within the borders of the USA? Adding Trillions to the budget deficit? Yep. Failing to solve immigration, education and health care issues? Sure. Dear readers and listeners! Is this really what a conservative republican president is supposed to do? I’ll ask the question in Republican Dark Future-Raising The Stakes-Bob Davis Podcast 780.

Campaigning On Thin Air

In conclusion, republicans in 2018 had to defend this president or get out. In the end those that stayed to face the music had to campaign on slogans and defending Trumpism because there weren’t many accomplishments and even less money. Meanwhile well funded democrats sold a plan and got the vote out. I guess something beats nothing.

But Hey, It’s Not Hillary

It’s hard to hear but republicans are another side of the same political coin. Collectivist policies and the expansion of government and executive power to the extent that it may already be democratic socialism seems to be the result no matter which party is in control.

In the end, Republicans are just as responsible for it as democrats.

But. At least it’s not Hillary, right?

Sponsored by Reliafund Payment Processors, Ryan Plumbing and Heating of Saint Paul and Johantgen Jewelers of Crystal

Republican Dark Future-Raising The Stakes-Bob Davis Podcast 780

 

 

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