Category: Trade

14-44 Final Sprint to Election Day | Truth about Trump v. Kamala Economies

14-44 Final Sprint to Election Day | Truth about Trump v. Kamala Economies

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Show 14-44 Summary: It’s the final sprint to the finish line. And the Friday before the election Kamalanomics got some pretty bad news: only 12,000 (not a typo) jobs created in October. And another 112,000 jobs were erased from September and August because they never existed outside of their original headlines that screamed how great the jobs were. This week, we talk with chief economist and executive VP of American Legislative Exchange Council about Trump vs Kamala economic policies. Who has the better economic record, the better administration policy to grow the3 economy, and what their future economies will look like. Kamala is floating some spooky ideas on taxes, spending and debt. And we talk about Trump’s policies that has the Big Spender spooked and why. Get out there and vote like your future and America’s future depends on it. It does.

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The I Spy Radio Show airs weekends, seven times over the weekend, on seven different stations. Listen anywhere through the stations’ live streams! Check out when, where, and how to listen to the I Spy Radio Show. Podcast available Mondays after the show airs on our network of stations.

Original Air Dates: November 2nd & 3rd, 2024 | Guest: Jonathan Williams

This Week – Truth about Trump vs Kamala Economic Policies

October Surprise? ~The October jobs numbers just came out this morning at a paltry 12,000 new jobs. That’s not a typo. There isn’t a zero missing. Even more bad economic news: they erased another 112,000 jobs from the two previous months, September and August. Jobs that never existed outside the leftstream media propaganda headlines.

Just 12,000 new jobs for all of America (and we’d be negative if not for 40,000 government jobs). It’s a devastatingly low number for the Biden/Harris administration and after Kamala said there’s nothing she’d change regarding Biden’s policies.

Did you miss it? I Spy host had an article published in American Thinker: “The One Overlooked Reason Christians Should Vote in 2024.” Please share that with any reluctant Christians you know that are thinking of not voting.

Oh. And the GDP came in low. A sluggish 2.8%. Lower than the usual 3.0%.

This week, we welcome back Jonathan Williams, the chief economist and executive vice president of the American Legislative Exchange Council, to compare and contrast the Trump economy vs the Kamala economy. What were their records. What did they do right. And how will they differ if elected?

Kamala is floating some spooky ideas about taxes, spending, and debt. And Trump is floating some ideas that is spooking the big-government big-spenders. Listen and find out.

Personally? The difference really comes down to this: Trump wants to grow the economy. Kamala wants to grow government. It really is that simple.

The I Spy Radio Show Podcast Version

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Show Notes: Research, Links Mentioned & Additional Info

  • Jonathan’s organization is ALEC – the American Legislative Exchange Council. Find out more at ALEC.org.
    • Encourage your representatives to join ALEC! There are state and city memberships. Help elected officials understand economic problems and the real solutions available to get out of them! Send them this link: https://alec.org/membership/.
    • And you too can join as a private-sector member!
    • You can follow Jonathan on Twitter at @TaxEconomist.
  • Head to Rich States, Poor States to see how your state is doing. And for a taste of what Kamalanomics and Walzonomics would be like, check out how badly Minnesota is doing under governor Tim Walz. (Hint: worse than Oregon!)
  • Check out Trump’s platform, “Agenda 47.” A 20-point plan, much of which focuses on the economy.
  • Mike Johnson discusses plan to get rid of Obamacare. (Via X, Oct 31 2024)
  • 3 Charts Show How Biden-Harris Admin Grew Debt by $8 Trillion (Daily Signal, Oct 22, 2024)
  • Five Frightening Financial Charts To Fear This Halloween! (ZeroHedge, Oct 31, 2024)
  • Jobs Shock: October Payrolls Huge Miss As Private Jobs Go Negative For First Time Since 2020 (ZeroHedge, Nov 1, 2024)
  • U.S. economy grew at a 2.8% pace in the third quarter, less than expected (CNBC, Oct 30, 2024)
14-32 Crashes and Recessions | Bidenomics, Kamalanomics, and Walzonomics

14-32 Crashes and Recessions | Bidenomics, Kamalanomics, and Walzonomics

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Show 14-32 Summary: Why talk about economics? Because the number one issue for most voters is economics. So if you want to influence how people might vote, you need to know the economic issues at stake and the differences between a Trump administration and a Kamala one. Poor jobs numbers caused the recent stock market crash. Was it just the unemployment numbers and the triggering of the 100%-accurate Sahm Rule that indicates we’re in a recession? Or did the economy not have faith in the guy with dementia allegedly in charge of it? Expect more downturns if Kamala and Walz get elected. The single best answer to Bidenomics, Kamalanomics, and Walzonomics is something we know works: Trumponomics.

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The I Spy Radio Show airs weekends, seven times over the weekend, on seven different stations. Listen anywhere through the stations’ live streams! Check out when, where, and how to listen to the I Spy Radio Show. Podcast available Mondays after the show airs on our network of stations.

Original Air Dates: August 10th & 11th, 2024 | Guest: Jonathan Williams

This Week – Bidenomics, Kamalanomics, and Walzonomics

This week, it’s about economics, a topic that surveys repeatedly show as being the number one or near the number one issue for voters. We talk with Jonathan Williams from the American Legislative Exchange Council to take a look at the stock market crash beginning Friday August 2nd and rolling over to Monday. And the lingering jitters as a result of it. Are we one market correction away from a major recession?

Then we look at Bidenomics, Kamalanomics, and Walzonomics — all of which get progressively worse because each of those is further left than the previous one. Reagan once said, “The nine most terrifying words in the English language are: I’m from the Government, and I’m here to help.” Although we might have a new contender for the one- most terrifying word — Kamalanomics.

We don’t know what Kamala thinks. We don’t know if she thinks or is just spouting what other people tell her to think. But she has said she “loves Bidenomics!” and that she will get rid of the Trump tax cuts on day one if elected.

If you thought Bidenomics was bad, Kamalanomics will crush you. And Walzonomics would be even worse because he’s an avowed socialist.

Well. The answer to Bidenomics, Kamalanomics, and Walzonomics  is something we know works. Trumponomics. So we also take a look at some of Trump’s solutions. But with so much to talk about, time ran a bit short so we’ll have to take a look at his solutions in more depth on a future show.

Socialism is Not Neighborliness

Sorry Governor Walz, socialism is not neighborliness. Socialism is not kind. Socialism is not neighborly. Not even close.

Socialism is about total government control. It is the nationalization of the economy. And that only happens through the control of resources and the means of production, which happens through the end of private property. And if you don’t like it, socialism is imposed at the end of a gun.

Do you threaten your neighbors with guns, Governor Walz?

Our founders knew that without private property there really is no freedom.

Socialism deprives people of their incentives to do better. Their desire to succeed because it punishes those who try — as more and more “neighbors” lay their claim to someone else’s success and demand their piece of it bec they have been told they are entitled to it

I don’t know what kind of neighborhood you live in, Walz, but most neighbors I know don’t think that they are entitled to take someone else’s lawn mower.

The I Spy Radio Show Podcast Version

Trapped under a heavy object? Missed the show? Don’t worry—catch the podcast version. Mondays, after our network of radio stations have aired the show, I Spy Radio is now available on your favorite podcasting platform, or you can grab it right here. See the full list of podcast options.

Show Notes: Research, Links Mentioned & Additional Info

  • Jonathan’s organization is ALEC – the American Legislative Exchange Council. Find out more at ALEC.org.
    • Encourage your representatives to join ALEC! There are state and city memberships. Help elected officials understand economic problems and the real solutions available to get out of them! Send them this link: https://alec.org/membership/.
    • And you too can join as a private-sector member!
    • You can follow Jonathan on Twitter at @TaxEconomist.
  • Head to Rich States, Poor States to see how your state is doing. And for a taste of what Kamalanomics and Walzonomics would be like, check out how badly Minnesota is doing under governor Tim Walz. (Hint: worse than Oregon!)
  • Check out Trump’s platform, “Agenda 47.” A 20-point plan, much of which focuses on the economy.

The Stock Market Crash and Recession

  • Dow drops 900 points, Nasdaq craters 2% in global market rout (CNBC, August 5, 2024)
    • Fears of a U.S. recession were the main culprit for the global market meltdown after Friday’s disappointing July jobs report.
  • Stocks routed in Asia, tumble in Europe as markets fear U.S. recession in wake of weaker than expected jobs report (CBS, Aug 5, 2024)
    • Japan’s benchmark stock index plunged 12.4% on Monday, compounding a global market rout set off by investor concerns that the the U.S. economy could be headed for a recession.
  • This recession indicator is flashing red, but the ‘Sahm Rule’ creator says ‘this time really could be different’ (Fortune, August 2, 2024)
    • “The Sahm Rule’s accuracy rate is 100% going back to every recession since the early 1970s.”
  • Unemployment Rate Spike Triggers ‘Sahm Rule’ Indicator, Signaling Potential US Recession (The Epoch Times, August 5, 2024)
  • Fury as Biden tries to defend his record – as stock market meltdown intensifies in afternoon trading in blow to 401(K)s (UK Daily Mail, August 5, 2024)
    • “Wall Street’s most watched gauge of investor anxiety logged its largest ever daily jump on Monday. [The Cboe Volatility Index or VIX] hit the highest level in four years — when it last spiked as Covid shut down the economy.

Kamalanomics

Walzonomics would be Worse than Kamalanomics

 

It’s the Economy, Stupid – But What Kind of Economy?

It’s the Economy, Stupid – But What Kind of Economy?

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Show Summary: Economics is always a strange business. But like so much else of American life, the Left is corrupting the economy and using it for their own means. Especially by involving the government. And now, with the Ukraine situation, we’re seeing private businesses waging a private war against Russia — when we’re not even at war with them. Combined with what happened in Canada, is this a foreshadowing of what will happen to our economic freedoms and liberties?

Coverage Map of I Spy Radio Show broadcast areas, as of June 2021
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The I Spy Radio Show airs weekends, six different times, on seven different stations. Listen anywhere through the stations’ live streams! Check out when, where, and how to listen to the I Spy Radio Show. Podcast available Mondays after the show airs on out network of stations.

Original Air Dates: March 5th & 6th, 2022 | Guest: Jonathan Williams

This Week

To quote Bill Clinton, “it’s all about the economy, stupid.”

We take a look at the state of the union speech, the competency of those in charge and their agendas, the economy, and also the economic policies that politicians can win on this year. Even here in Oregon. Plus, with the war in Ukraine, we’re seeing an entire new kind of warfare being waged. Economic warfare on a scale we haven’t seen in ages and in ways we’ve never seen. Private companies waging a private war against a country we’re not actually at war with. Combined with what we saw in Canada, what does this mean for our economic freedoms and liberties?

READ: Jonathan’s terrific article about Utah and why they’ve stayed #1 in ALEC’s Rich States, Poor States for 14 years in a row. What are they doing that other states should be doing. And what could go wrong to knock Utah off its perch?
Get this article to your favorite candidate!

We talk with Chief Economist, Jonathan Williams, from ALEC (American Legislative Exchange Council) about what is going on. We talk about the SOTU speech, the competency of those in charge, and private companies blocking you when they don’t agree with your politics. And we’ll look at true economic policies to win on in 2022. Even right here in Oregon.

And don’t miss the discussion about what is happening, on economic terms, in the war between Russia and Ukraine. And what it means for our future economic liberties and freedom.

The I Spy Radio Show Podcast Version

Trapped under a heavy object? Missed the show? Don’t worry—catch the podcast version. I Spy Radio is now available on your favorite platform, or you can grab it right here. See the full list of podcast options.

Links Mentioned Research, & Additional Info

Jonathan Williams is the Chief Economist and Exec VP at American Legislative Exchange Council. Visit ALEC.org to find out more about what they do and how you can get their policies to your politicians.

Why red lines are for losers. The complexity of international strategy
Red Lines are for Losers: Developing an International Strategy

Red Lines are for Losers: Developing an International Strategy

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Show 7-16 Summary: Strategy is always complicated but it gets even more so on an international stage. Tune in to hear the challenges facing the U.S. on multiple fronts as we look at international strategy through two distinct but intertwined lenses: economic and military. You’ll come away with new respect for the complexity of international strategy in an ever-changing world as President Trump rolls out his strategy that favors action. And why there is no one-size-fits-all approach.

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Air Dates: Month 22 & 23, 2017 | Crista Huff & Carl Higbie

I Spy Radio is going international this week. Well, actually, we’re always international thanks to all of our stations’ live streaming, but imagine a giant jigsaw puzzle and you finally figure out where your piece fits. So far, the jigsaw has seemed just a jumbled mass of confusion but then you put your piece in place and suddenly the puzzle starts to make sense. That’s because your piece changed the landscape and became part of the big picture.

Strategy and its moving parts
Strategy is complex. Try moving just one part.

But then, all of the pieces around your piece change shape and form and the picture changes yet again.

And that is essentially what’s going on with the US’s international strategy where you have Trump making strong decisions in Syria and also now in N. Korea — fitting in his piece of the puzzle. His actions, as just a part of the overall strategy, start to change the big picture even with the world’s complications.  Because we’re not only dealing with other cultures and nation states but then there’s also the confluence of US law. And their laws. And on and on.

On this week’s show we have two guests who will focus on two different aspects of international strategies. One is Carl Higbie, a military expert and former Navy Seal, and you’ve undoubtedly heard him on Fox News.  And we also have Crista Huff (@CristaHuff) who is a chief stock analyst for Cabot Wealth (cabotwealth.com).  Both of these individuals look at the world in terms of our international policies from two very different lenses. One through economics and one through military and yet the two lenses are very intertwined.

Obama's red line strategyTake Syria. A prime example of complex situations centered around military action but a war that started not only over political but over economic reasons: an oil and gas pipeline. Add to the mix Russia whose economy depends on attempting to dominate oil in Europe.  Now top that off with our own changes in the US moving from a leader, Obama, who had a non-action policy to Trump as a leader who is engaged by taking action and making changes.

Listen to hear how even though we’re throwing the net pretty wide this week you’ll gain an understanding and appreciation of just how complex so many of these issues are especially when you’re dealing with two very different dictators.

Links Mentioned

Crista Huff (Segment 1 –3)

We didn’t get a chance to talk to Crista Huff about China’s currency manipulation but here are some articles about it if you’d like to learn more. and note the changing strategy in relation to shifts on the ground.

Carl Higbie’s (Segments 4–6)

Trump's Promises - Fighting Illegal Immigration and Fighting For Fair Trade Deals
Trump’s Promises | Trade and Immigration

Trump’s Promises | Trade and Immigration

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Show Summary: Trump’s promises on trade and immigration reform were central to his campaign—and to his victory. Will he fulfill those promises?

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Air Dates: March 4 & 5, 2017 | William Gheen & Tom Stumo

There were two hot-button issues that were central promises Trump made during his campaign: fixing illegal immigration and getting us out of bad trade deals. We’ve seen the swamp’s alligators already fight back against Trump’s executive order on illegal immigrants, just imagine what will happen once he starts taking actions to renegotiate on trillion-dollar trade deals—which incorporate immigration policies.

We know what bad trade deals look like: the TPP. The Trans Pacific Partnership would have, among other things, done away with American sovereignty. It would have made our laws subject to a foreign court. But what would good trade deals look like?

Trump’s Promises

Infographic Trump's promises - immigration and tradeWe talk with Michael Stumo, the CEO of Coalition for a Prosperous America (CPA) to understand what effective trade policies look like — and how our politicians have sabotaged U.S. interests, whether wittingly or unwittingly. CPA is a coalition of agriculture, manufacturing and organized labor associations, companies and individuals. CPA’s mission is to develop policies to balance U.S. trade, maintain U.S. sovereignty, and develop an effective national production and economic strategy.

But first we talk with William Gheen of ALIPAC about another of Trump’s promises: fighting for legal immigration. We found out how President Trump is doing on fulfilling his promises and what people ought to be doing to make sure he does.

President Trump, in his speech to Congress, mentioned a “merit-based immigration system,” similar to what Canada uses. Is this something the U.S. should use? Tune in to hear the merits of the merit based system and how this could be a step in the right direction to radically transform our current system, which rewards family ties over real contributions to society.

Links Mentioned

William Gheen (Segments 1–3)

Michael Stumo (Segments 4–6)

This Week on I Spy Radio - The Trans Pacific Partnership is a horrible deal. Which presidential candidates are secretly for it.
Why Trans Pacific Partnership is a Bad Deal for America

Why Trans Pacific Partnership is a Bad Deal for America

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Show Summary: The Trans Pacific Partnership (TPP) trade deal is Obama’s final nail in America’s coffin. If you thought Obamacare and the Iran Deal were bad, you haven’t seen anything yet. In an explosive interview, we dive into why it’s bad and why our Congressmen vote for such atrocities. And not just why but who is supporting this? Plus, could one of the presidential candidates, who publicly says he’s against it, might actually be for it?

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Air Dates: Apr. 16 & 17, 2016 | Crista Huff (former Morgan Stanley VP

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One of the questions we consistently try to answer here on the I Spy Radio Show, is why. Why does a government agency do this or why does a politician do that? But uncovering “why” requires digging deeper into motivations and a lot times those motivations are hidden away, lurking in the shadows where you don’t know what happened behind closed doors or what’s been promised.

On this week’s show, we’re talking about the monstrosity better known as the TPP – the Trans Pacific Partnership. This is Obama’s magnum opus for weakening America. And it must be stopped. The TPP is a major trade deal involving 12 Pacific Rim nations, including the US, Canada, Mexico, Japan, Vietnam and others. China is not a signer, yet, because after the agreement is signed China can come in later through a back door.  Why, do you ask? Oh, you’ll find out why.

Trans Pacific Partnership = Anti-American

It’s amazing that anyone who calls themselves an American is backing this agreement. Foremost it represents a stunning loss of U.S. sovereignty.  But beyond that, common economic sense says this will harm the US economy–especially given that even its own supporters say it will result in only a 0.13% increase in the nation’s Gross Domestic Product by 2025. (See links, below, for citation.)

But even that less -than-rosy projection is based on the assumption of the U.S. being at full-employment. (How’s that worked out the last seven years?) So why take a huge gamble and throw our economy into upheaval for not even 1/50th of a percent increase per year over nine years?

It boggles the mind why would anyone in the U.S. support this. And not just why, but who is supporting this? Tune in to learn the answers, including whether one of the presidential candidates might be misrepresenting their position on the Trans Pacific Partnership. And find out why, if this goes through, it really could be the end of America as we know.

Links Mentioned During Show

  • Crista Huff’s terrific website, Good Fellow, LLC. Be sure to check out her fantastic TPP blog page, frequently updated with the latest info
  • Check out Crista on Kerry Lutz’s Financial Survival blogtalk podcast
  • If you want to stop the TPP, CALL the Capitol Switchboard! (202) 224-3121. Ask to be transferred to your Congressman’s office and tell them you want them to vote no on the Trans-Pacific Partnership trade deal; do the same for both of your senators.
  • The Chair of the House Ways and Means Committee is Rep. Kevin Brady (TX).
  • Article via Drudge: New Balance publicly calls the TTP a bad deal (Apr 13, 2016)
  • Robert Zoellick and The Trilateral Commission and Robert (via FreedomWorks’ SourceWatch)

Related Links

We’re impressed with a number of articles from Center for Economic Policy Research (CEPR). Here are a few of them: