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

 

 

 

Father Son Discuss Universal Basic Income In USA-Podcast 700

Hard to believe I have done 700 podcasts. I can’t think of a better guest for podcast 700 than my son. Join us in Father Son Discuss Universal Basic Income In USA-Podcast 700.

Father And Son Don’t Do Small Talk

Andrew Davis has his own You Tube Channel and is working in TV in New York City. Both father and son have always shared an interest in issues. We don’t do small talk.

Universal Basic Income

The City of Stockton California has recently voted to give citizens a universal basic income.

A no strings attached check from the government every month

Father and son discuss the issue and more in Father Son Discuss Universal Basic Income In USA-Podcast 700.

Growing Up In A Media Family

Andrew was raised in the fun and chaos of a media family. Dad did radio. Mom did TV. When he started showing interest we were concerned, since we knew the chaos of working in media.

In addition, with him growing up in edit bays and radio studios we really weren’t surprised. Friends said, “What did you expect him to do?” Consequently discussion of his career choice takes up the first part of Father Son Discuss Universal Basic Income In USA-Podcast 700.

Podcaster and You Tuber Discuss “The Side Hustle”

Learning how to podcast and do a You Tube channel from the ground up is no small feat. My son is now working in television in New York City which gives him time and resources to devote to what he calls his ‘side hustle‘. The Millennial Project YouTube Channel.

These days Andrew’s talking about something called A Universal Basic Income. Both right wing and left wing politicos are talking about a government provided basic income.

Misconceptions about trade and Artificial Intelligence and Robotic production terrify the working men and women of this country. What’s more, populist politicians may use the Universal Basic Income to leverage votes in key districts and states in the next presidential election and perhaps before.

Get a leg up. Watch The Millennial Project video here and listen to Father Son Discuss Universal Basic Income In USA-Podcast 700 to find out more about this issue.

Sponsored by Reliafund and Ciro 3D Motorcycle Products and Accessories

Father Son Discuss Universal Basic Income In USA-Podcast 700