Podcast 362

No Growth Economy. New numbers say the US Economy grew by only .2 percent. Yet still, the Federal Reserve says the economy should grow now in the second quarter. Never mind all the ‘experts’ predicted 2015 would be a ‘blow out’ year, and that they have been revising their predictions down all through the quarter, they were still way above what the numbers actually show. Excuses? They have a few. The weather. The work slow down at the Port in Los Angeles. The weather. The strong dollar. Did I mention the dollar? The US has now had quarter after quarter of slow, no, or only anemic growth, and yet the Obama administration and its apologists, and the bone headed financial media call it a ‘boom’. Meanwhile small and medium sized businesses all over the country know it for what it is. A no growth economy. Why do business writers believe things will change if the policies don’t change? Does the consumer really account for 70 percent of the economy? What if we’re using the wrong tools to stimulate the wrong things? What’s that old saw about the definition of insanity? Banks aren’t lending because they can make more money borrowing at the discount window, reinvesting in the stock markets. Companies aren’t investing because they’re buying back their own stocks. The US corporate tax rate is the highest in the world (by far), and the tax code is so complex it costs us dearly in productivity lost (while we comply with the tax code) and literally billions of dollars spent complying with its byzantine rules. Regulations of all kinds make it almost impossible for small and medium sized businesses to grow. What are the policy ideas we need to hear from candidates (which we’re not hearing) to fix the economy. It’s not about inequality. It’s not about ‘reformicon’ tax policies (which are actually democrat tax policies warmed over), or making the government work more efficiently. In this podcast, some ideas you may agree or disagree with, but it will definitely start you thinking. Sponsored by Ryan Plumbing and Heating and X Government Cars. 

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Podcast 349

Blood Moon. Live from Los Angeles, California, from Mobile Podcast Command Unit 8, on the eve of a lunar eclipse some say has prophetic implications, updating the top stories for the weekend. Have the ‘prophetic’ implications of the blood moon lunar eclipse been debunked? And why do they call it a ‘blood moon’, anyway? The top international story is the ‘deal’ with Iran, which really is no deal at all. Really, it is a framework for negotiations which will resume in 3 months. Meanwhile the President himself said this week Iran is 2 months from the bomb. Does that mean they will produce a nuclear weapon one month before the negotiations begin? In truth this is a big gamble on the part of a president who badly needs an agreement with Iran to cement some kind of foreign policy legacy. Is this a good agreement? And in Indiana, hysteria reigns supreme as the left goes crazy over a law similar to scores of other laws passed in states all over the country and backed by democrats including Bill Clinton and Barack Obama, as Senator. Finally, the is the economy getting better? It depends on what outlet you get your economic news from, on any given day. Unemployment numbers are either bad, or good. People are soon to spend the ‘tax cut’ they have received from lower energy prices, or not. Characterizing the US economy as in a ‘boom’ is a stretch when the 4th quarter’s growth was revised down to 2.2 percent and at least one Fed regional office is projecting zero percent growth for the 1st quarter of 2015. What key points to look for in all these stories, and more. Sponsored by Ryan Plumbing and Heating of Saint Paul. 

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