Tag: ALEC

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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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

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.
  • 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

 

14-28 Data Shows Bidenomics Suffering from Economic Dementia

14-28 Data Shows Bidenomics Suffering from Economic Dementia

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Show 14-28 Summary: We’re talking economics and the rather grim picture being painted by the data—if someone actually bothers to look. You know. Like what the media used to do. Hold truth to power. While America’s economy is suffering through economic dementia under Joe Biden, there is not a lot of good news. Not even in supposedly “good” job reports — because they keep revising things down when they think no one is looking. But there are some bright spots ahead. If, and only if, we change who is in charge of our economy. So when will the media stop covering up Joe’s economic dementia?

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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: July 13th & 14th, 2024 | Guest: Jonathan Williams

This Week – Bidenomics: Economic Dementia

Despite the left stream media’s best cheerleading efforts, actual data about the economy is getting out. And it’s not good. Spikes in business bankruptcies. Especially small business bankruptcies. Even personal bankruptcies.

With all the business bankruptcies, and others reporting on the verge of bankruptcy, it’s no wonder that there is also a spike in store closings. If they continue at this rate,

In an America suffering from economic dementia, we need some common sense. Which is why we turn to Jonathan Williams, the Executive Vice President of Policy and the Chief Economist for ALEC. The American Legislative Exchange Council.

Economic Dementia: Did you know?
Under Bidenomics, 27% of Americans say they skip meals due to rising food costs.And 39%  skip meals to make house or rent payments

It seems there is no end of bad economic indicators. (Just take a gander at the show notes below.) A spike in bankruptcies. Cruelly keeping interest rates high Thousands and thousands of store closures. Including discount stores. (How bad is Bidenomics when people can’t even afford to shop at discount stores?) And regulations weighing down businesses. And in the middle of all that Joe Biden and the democrats want to raise taxes? That’s not just economic dementia. That’s economic suicide.

The only way out is to change the people in charge. Because if the definition of insanity is doing the same thing and expecting different results, then electing the same politicians is political insanity.

The left-stream media and democrats have signaled (okay, shouted) they want Dementia Joe to go. CNN, if you can believe it, just fact-checked Biden’s “high-stakes news conference”. Yes. CNN!

Be on the lookout. Joe Biden’s economy has been terrible ever since he’s been in office. But the media has been providing propaganda cheerleading to convince you otherwise. Bt when the left-stream media stops covering for Joe’s economic dementia? That’s when you’ll know the knives are out.

Because no one wins an election when the economy is in the toilet.

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 Williams and ALEC Links

  • 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.
  • How did Oregon do in the 2024 edition of Rich States, Poor States?
  • Jonathan’s op-ed in The Daily Caller: “Biden’s Pledge To Let Trump’s Tax Cuts Die Has Stirred Up A Hornet’s Nest” (Daily Caller, June 10, 2024)
  • Those blue states that have seen the light: Hawaii and Connecticut: “‘Blue’ States Make Fiscal Progress: Jonathan Williams on American Radio Journal” (via ALEC, June 27, 2024)

Economic Dementia Links & Info

  • Department of Interior shuts down millions of acres of Alaska to all oil, gas and mining activity (Just the News, July 8, 2024)
    • Biden’s Department of Interior blocked 28 million acres of federal land in Alaska from any oil or gas development or mining
    • Biden’s Interior also blocked a 200-mile gravel road that would have connected mining districts in West Central Alaska to a highway that runs through the middle of the state.
  • Bidenomics: 27% of Americans Say They Skip Meals Due to Rising Cost of Food (Gateway Pundit, July 6, 2024)

We have so many economic dementia links, let’s break them into sub-categories.

GDP

Jobs

  • Peter Schiff: More Doom in the Data (ZeroHedge, July 10, 2024)
    • It was especially bad for manufacturing jobs: Zero manufacturing jobs were created in May. And 8,000 manufacturing jobs were lost in June.
  • Payrolls Rise 206K After Huge Downward Revisions As Unemployment Rate Jumps To Three Year High (ZeroHedge, July 10, 2024)
    • May jobs revised from 272K, to 218K (-54K; -24.8%)
    • April jobs revised from 165K to 108K (-57K; -34.5%)
  • June Jobless Rate Triggers Sahm Rule: Recession Imminent? (ZeroHedge, July 10, 2024)

Bankruptcies & Store Closures

  • Business Bankruptcies Jump 34 Percent in First Half of 2024 (Epoch Times, July 8, 2024)
    • In the first half of this year a total of 3,016 commercial Chapter 11 bankruptcies were filed — an increase of 34% from last year
    • Small business filings rose by 61%
    • [Lumber Liquidators] Home improvement chain mulls bankruptcy (Daily Mail, July 8, 2024)
  • US retail bloodbath continues as store closures hit 2,600 so far this year – here’s the full list (UK Daily Mail, May 8, 2024)
  • The death of the dollar store: 99 Cents Only and Family Dollar to shutter hundreds of stores in ‘retail apocalypse’ (Daily Mail, May 26, 2024)
  • Nationwide discount retailer with 1,400 stores sparks fears of mass closures as it mulls bankruptcy (Daily Mail, July 5, 2024)
    • Big Lots has used up most of its cash on hand because of the losses so far this year — on top of  the last two years
    • Big Lots said all of this raises substantial doubt about the company’s ability to continue.
    • How bad is Bidenomics when people can’t even afford to shop at discount stores?
  • Wilco says it could lay off 70 people, close hazelnut processing facility (Statesman, July 8, 2024)
  • Kroger-Albertsons selling 186 Oregon, Washington stores in merger bid (KOIN, July 10, 2024)

Oregon’s Own Economic Dementia

 

 

14-18 Troubling Signs about Bidenomics | Learn to Think Like an Economist

14-18 Troubling Signs about Bidenomics | Learn to Think Like an Economist

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Show 14-18 Summary: Does anyone remember when the media objectively covered economics. After all, so much of it revolves around data. And yet the mainstream media does everything it can to attack good economies, like we had under Trump, while providing cover for lame economies, driven primarily by government and government spending, like what we have under Joe Biden. So how do you know what to trust and whom to trust? On this week’s show we talk to an economist to help you think like an economist.

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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: May 4th & 5th, 2024 | Guest: Jonathan Williams

This Week –  Despite the mainstream media doing their best to run cover for Biden and his economic policies, there are some troubling signs about Bidenomics. And some of it really troubling. Which is why you’re not hearing those kinds of stories in the mainstream media.

When it comes to the economy, White House Press Secretary Karine Jean-Pierre is Biden’s DEI hiring-equivalent of “Baghdad Bob.”

GDP for the first quarter was half of normal growth and less than half of the previous quarter. Unemployment for April rose with one of the indicators the worst it’s been since November 2021. And yet all we ever hear out of the White House is how great things are. Including a rather startling comment from KJP. According to her, prices are too low. That woman is Biden’s DEI hiring equivalent of “Baghdad Bob.”

But because economic reporting has become so politicized how can an everyday person tell whether or not the economy is doing well — aside from their own subjective experiences? Because their experiences may not be what everyone else is going through.

Think Like an Economist

So this week we talk to an economist—Jonathan Williams, Executive Vice President of the American Legislative Exchange Council, and their chief economist—to help people learn to think a little more like an economist.

What are some of the trigger points to look for? What are some of the more reliable measurements that indicate a good or a bad economy? And what economic levers can they pull to turn an economy around or to keep a good economy going?

And all of that to help people pick the right people to put them in charge to get the economy on the right track

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.

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.
  • How did Oregon do in the 2024 edition of Rich States, Poor States? We actually moved up on notch—although we’re still in the low 40s. Explore all the states or jump to Oregon’s rankings.
    • Be sure to try out the red “adjust policies” tab!
  • Biden Administration’s New Climate Rules Add $31,000 to Price of New Home, Industry Groups Say (The Epoch Times, May 1, 2024)
  • That Stephen Moore article: “Why Small Businesses Hate Bidenomics” (The Daily Signal, April 23, 2024)
  • GDP growth slowed to a 1.6% rate in the first quarter, well below expectations (CNBC, Apr 25, 2024).

The Death of DEI?

Other Related Economics News

  • ‘Harassment’: Feds Impose Trans Agenda on Employers for Pronouns, Bathrooms (The Daily Signal, April 29, 2024)
    • The Daily Signal reported that under new federal guidelines — released on Monday by the Equal Employment Opportunity Commission — an employer would be guilty of harassment by requiring someone to use a restroom that corresponds with their biological sex or if someone “misgenders” them.
  • US births reach 45-year low – report (RT, Apr 25, 2024)
  • Why hundreds of U.S. banks may be at risk of failure (CNBC, May 1, 2024)
  • U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9% (CNBC, May 1, 2024)
  • Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald’s (CNBC, May 1, 2024)
14-06 Why Bidenomics is Bidumbnomics | Mainstream Media is Lying

14-06 Why Bidenomics is Bidumbnomics | Mainstream Media is Lying

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Show 14-06 Summary: This week, it’s all about cutting through the mainstream media propaganda about the economy. Especially the lies about Bidenomics. Because it’s more Bidumbnomics than anything. Bidumbnomics is a good way to kill the economy, interfere with markets, and promote products and ideas that don’t work and cost more. Bidumbnomics are dumb economics policies that require dumb people in the media to not ask questions and keep people misinformed about how bad things really are. Like not questioning the miracle January 2024 jobs report. Or looking at the failure of 100s of billions wasted on “green energy.” (It’s not green.) Plus, Oregon is not immune. Oregon democrats also love Bidumbnomics. Spend more. Tax more. Ignore reality. Like Oregon democrats’ plan to raise statewide property taxes and do away with the current caps on property tax increases.

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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: February 10th & 11th, 2024 | Guest: Jonathan Williams

This Week – Bidenomics is Bidumbnomics

All you need for dumb economics policies like Bidumbnomics to be perceived as “working” is to have a willing media to spread government propaganda. And the media needs to be dumb enough about economics to not ask any questions about what they’re told. And certainly not do any kind of even simple analysis.

That way, the media keeps people uninformed. Because if people really knew how bad things were, they would be demanding answers. And politicians never want that. They want compliant sheep people who stay out of the way. Miserable peasants.

Dumb economic policies like Bidumbnomics depends on people staying quiet. But EU farmers won by speaking up.
Public outcry works! (click image for full-size)

Why? Because when people do know what their politicians are actually doing, and the actual outcomes of their schemes, people tend to revolt. And, yes, public outcry really does work.

Take a look at the win in the EU when farmers had had enough. The public joined them. And now the EU gave in to their demands.

Farmers win! “Why Europe’s green plan balked on farming”

Bidenomics is Bidumbnomics Examples

Look no further than the boondoggle of Biden’s dream of a wind farm in every pot. Bidumbnomics sank several 10s of billions of your money into expensive wind farms. Especially very expensive offshore wind farms. But these expensive Bidumbnomics boondoggles have done so poorly, despite all that free cash from U.S. taxpayers, that multiple wind farm companies have cancelled contracts. And they were willing to do so because the economics of it was so poor that unless they get free cash it was a better deal to cancel the deal.

Think of that. Companies willing to take a loss of 100s of millions rather than go through with it and lose even more. And in the case of one company, they took a 4 billion loss.

Now that is Bidumbnomicsat work. Waste companies’ money, waste taxpayer money, and all for products that are less effective and more expensive to ratepayers.

Wow.

An Actual Economist Breaks Examines Bidumbnomics

We welcome back Jonathan Williams, the executive vice president of ALEC — the American Legislative Exchange Council. Jonathan is also their chief economist. And we walk through the truth about that blockbuster January jobs report. It turns out, it is more fantasy than fantastic. See this great analysis from ZeroHedge: “Inside The Most Ridiculous Jobs Report In Recent History“.) And we all know this fantasy will be corrected downward in a month or two after they got their useful idiots in the media to repeat their headline to the point where most people will think Bidenomics is working.

But to be fair, not all economic news in the mainstream media is propaganda to prop up Bidumbnomics. Sometimes, it’s more of a confession. Like Jerome Powell appearing on 60 Minutes. Who told America that we just can’t spending like we are.

But other times, it is definitely propaganda. We take a look at the slumping EV (electric vehicle) sales. After spending, yet again, 100s of billions of taxpayer dollars on the EV boondoggle, including mandating sales quotas, Bidumbnomics strikes again. EVs sales are way down.

Don’t miss the terrific article mentioned during the show about the impact of government interference in a normal market. “The West’s Humiliating Electric Car Climbdown has Begun“

And even in Oregon, they are nowhere near their lofty goals of 250,000 EVs by 2025.

Oregon Democrats Embrace Bidumbnomics

Speaking of Oregon, the democrat governor and democrat-controlled house and senate want their own version of dumb economics. Like ignoring people’s economic reality to impose their ideology. And mainly, that’s more spending of taxpayer dollars to reward the political allies. There is never enough money to spend all they want on everything they want.

The answer? Raise taxes. And not just a little. They want $3 billion in more taxes. And, as if they haven’t driven enough people away, they want to eliminate and caps on statewide property taxes.

The only reason why even more Oregonians haven’t driven away is their EV must have run out of charge. Maybe that’s why Oregon wants to mandate even more of them.

But wait, it gets worse. Not only do Oregon elected democrats want to spend more, Tobias Read, the democrat in charge of Oregon’s Treasury wants Oregon’s PERS to make less money. By forcing Oregon’s investment into “Net Zero.” Uh, Toby, in case you missed it due to Bidumbnomics government propaganda media, but Net Zero funds are losing money by the day. Intelligent investors are getting out of Net Zero funds, not in. Perhaps Oregon’s PERS being in the hole by a mere $28 billion just isn’t enough?

Tune in to get the info you need. to be better informed on economics and real economic policies. So when your legislator wants to go full Bidumbnomics, you have the info you need to convince them otherwise.

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.

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.
  • Farmers win! “Why Europe’s green plan balked on farming” (Semafor, via Yahoo News, Feb 7, 2024)
  • Inside The Most Ridiculous Jobs Report In Recent History (ZeroHedge, Feb 03, 2024)
    • All job gains in the past year have been part-time workers (+870,000). Full time have decreased by 97,000
    • Native vs Foreign-Born workers . All job creation in the past 4 years has been for foreigners. Zero job creation for native since 2018
  • The West’s humiliating electric car climbdown has begun” (The Telegraph, via Yahoo News, Feb 2, 2024)
  • Bidumbnomics in Oregon: “PGE and why the EV revolution is stalling” (Oregon Catalyst, Feb 4, 2024)
    • “In 2019, Senate Bill 1044 set a target of 250,000 registered Zero Emission Vehicles on Oregon roads by 2025. … [But] the number of Oregon-registered zero emission vehicles on Oregon roads as of September 2023 (with less than a year and a half to go) was just 70,000. … The likelihood that this number will grow to 250,000 over the next 12 months is nil.”
  • Plan to make Oregon retirement fund carbon neutral relies on industry, Wall Street doing the same (OPB, Feb 7, 2024)
  • HJR 201 is a Statewide Property Tax (Taxpayer Assoc, Feb 5, 2024)
  • “1,287 testify against Statewide Property Tax (HJR 201)” (Taxpayer Association of Oregon, February 14, 2024).

For further reading on Bidumbnomics

 

13-29 Bidenomics is Killing Capitalism and The Little Guy

13-29 Bidenomics is Killing Capitalism and The Little Guy

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Show 13-29 Summary: This week, we’re looking into Bidenomics and what’s happening in the wider economy, what’s supposedly real (allegedly booming) and what’s real (it’s not booming). We also take a look at the hand-in-glove relationship between Big Government and Big Business — as they partner to make each other stronger, bigger, and more powerful. Meanwhile, there’s small businesses and the taxpayer but government’s relationship with them is more hand-in-pocket. And, as one might expect, Oregon dropped two spots in the latest Rich States/Poor States ranking of state economies. We discuss why.

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Original Air Dates: July 22nd & 23rd, 2023 | Guest: Jonathan Williams

This Week – Bidenomics Killing Capitalism

It’s no secret that socialists hate real capitalism and the free market system because it means government is not in control. People are. And it makes the little guy wealthy and independent of government. And that’s the mortal enemy of socialism.
Enter Bidenomics. Which is the perfect (for socialism) answer to capitalism. Bidenomics marries Big Government with Big Business providing the socialist kill shot for capitalism.

Under Bidenomics, Big Business flourishes. Why? Because Big Government squeezes out Big Business’s competitors by using regulations to choke smaller companies’ profits while Big Business plays by different rules. In a regulation-heavy market, guess who wins? The ones who can afford the most lawyers and lobbyists.

Take a listen to this brief video mentioned during the show to see how Bidenism is causing a lurch toward monopolies in the banking sector. To squeeze out their smaller competitors. (The original tweet is from Dr. Peter St. Onge.)

Jonathan Williams of ALEC

We talk Bidenomics with Jonathan Williams, the Executive Vice President of Policy and Chief Economist for ALEC — the American Legislative Exchange Council. ALEC is the nation’s leading economic policy think tank, working directly with state legislators to pass free-market solutions to Big Government’s constant overreach.

Jonathan discusses what’s really happening with Bidenomics. No surprise, the Biden admin is on full spin mode trying to make people disbelieve the evidence of their own eyes. Inflation, high prices that keep getting higher, and more. But we’re told but the Bidenomics priesthood this is all a good thing.

And we talk about the corruption happening now in Washington, D.C., which Jonathan likes to call, the Land of Make Believe. Did anyone ever expect to see this much corruption and no one do anything about it? Not even pretend to be interested?

And what about that lurch away from capitalism to monopolism — where Big Government works hand-in-glove with Big  Business to kill off their competitors.

Finally, we talk about ALEC’s latest Rich States, Poor States edition, which came out in April 2023. Oregon dropped a couple of spots. Which probably surprises no one who lives in Oregon. But find out why.

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Research, Links Mentioned & Additional Info

  • Visit Jonathan Williams’ terrific organization, American Legislative Exchange Council or ALEC. And urge your state representatives and senators to get become part of ALEC.
  • You can follow Jonathan on Twitter at @TaxEconomist
  • How did Oregon do in the 2023 edition of Rich States, Poor States? Not so good. Explore all the states or jump to Oregon’s rankings.
  • Disney Might Sell Off TV Assets Like ABC, CEO Bob Iger Says (Forbes, July 13, 2023)
  • Disney CEO Bob Iger in ‘damage control’ mode over possible sale of ABC, ESPN (NY Post, July 19, 2023)
  • Millions of U.S. Jobs Are at Risk From Climate Policy: Joe Trotter in Delaware Valley Journal – American Legislative Exchange Council (ALEC, June 22, 2023)
  • Kotek doles out 22% raises, $1500 inflation bonus (Oregon Catalyst, July 19, 2023)*The end result is the latest agreement for these Oregon government employees which includes a 6 point 5 percent raise this December and another 6 point 5 percent raise in 13 months. Other employees will be getting between 13 and 22 percent raises. It also includes a one-time $15 hundred dollar bonus to handle inflation.

Not Mentioned but Related

  • Field Office, Defaults on $73.8 Million Loan (Willamette Week, July 17, 2023)*Field Office, a 2 hundred 90 thousand-square-foot office complex near the Willamette River, have defaulted on their $74 million dollar loan. It’s due to being unable to find enough tenants.
  • Oregon Doctors seek to form a union (Oregon Catalyst, July 17, 2023)*Doctors seek unions due to being pressured and negatively impacted as they’re forced to accept more patients. More and more doctors are being forced into consolidation and away from smaller, family care environments. Along with more rules and legal requirements. A result from heavy handed taxes, fees, red tape, and legal impositions imposed by governments.As Oregon hospitals lost nearly half billion dollars in just a half year.
  • Lebanon considers asking voters for new tax (Democrat Herald, July 17, 2023)*Lebanon elected officials are considering raising taxes to avoid depleting the city’s general fund by 2024 and operate at a deficit by 2026. The city was up against a $1 point 2 million dollar shortfall when its fiscal year started this July.
  • The Rise and Fall of the Chief Diversity Officer (Wall Street Journal, July 21, 2023)

 

13-09 Insane Government Spending – 2023 Essential Policy Solutions

13-09 Insane Government Spending – 2023 Essential Policy Solutions

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Show 13-09 Summary: This week, it’s all about insanity. Meaning, our governments’ insane spending that shows no signs of letting up. And that there’s just always more money on the national credit card. So when the inmates are running the asylum, what can we do about government spending? We talk with Jonathan Williams of the American Legislative Exchange Council. ALEC has just released its 2023 Essential Policy Solutions, which should be required reading for every legislator out there. Listen in for policies, economic and otherwise, that make sense in an insane world.

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Original Air Dates: March 4th & 5th, 2023 | Guest: Jonathan Williams

This Week – Government Spending. It’s Insane.

The American Legislative Exchange Council (or ALEC), is celebrating its 50th anniversary this year. If you don’t know, they work with state legislatures — the 50 test tubes of democracy — to pass legislation that upholds principles of limited government, free markets and federalism You don’t last 50 years if you’re not having successes. And ALEC has had tremendous success stories. Including encouraging states to lower taxes. Even adopting a flat tax.

Don’t miss it! Be sure to RSVP for The Capital City Republican Women’s Luncheon, March 9th, 2023, starting at 11:30am (Mark will start his presentation at noon). To RSVP, send an email to CCRWSalem@Reagan.com. Lunch is $14. Coffee is $2. No cost to just come listen. Location will be sent to you after you RSVP.

This week, we talk with Jonathan Williams, ALEC’s Executive VP of Policy and their chief economist, about the insane government spending. After blowing through $1.9 trillion in the “American Rescue Plan” and another $2 trillion with Build Back Better, and still trillions more — in just 2 years — we’re facing a looming showdown over the federal debt ceiling. Addicted to government spending, Biden and the democrats don’t want any spending cuts. Of course not.

Maybe it’s because they just spent $360 billion on “global warming” and climate change in the most recent $1 trillion “inflation reduction act.” None of that money is going to conservatives or conservative organizations. So of course the democrats don’t want any cuts to government spending. That would be cutting off cash to their political cronies.

Government Spending: 2023 Essential Policy Solutions

Fortunately, to tackle this insane government spending ALEC has just released its 2023 Essential Policy Solutions. This essential guide is definitely essential for every state legislator.

Get your free copy! Download the PDF version of the 2023 Essential Policy Solutions. And then email it to all your legislators!

Jonathan Williams walks us through some of the more exciting solutions. Not just for government spending but also price transparency for hospitals and health care but also some model legislation for school choice.

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Research, Links Mentioned & Additional Info

  • Essential Policy Solutions for 2023 – (American Legislative Exchange Council, March, 2023). Free PDF! Download it and email it to your legislators!
  • RSVP for The Capital City Republican Women’s Luncheon, March 9th, 2023, starting at 11:30am (Mark will start his presentation at noon). To RSVP, send an email to CCRWSalem@Reagan.com. Lunch is $14. Coffee is $2. No cost to just come listen. Location will be sent to you after you RSVP.
  • US stocks enter ‘death zone’  (Daily Mail, Feb 2023)
    • Morgan Stanley issues dire warning to investors who ‘followed prices to dizzying heights’ amid fears S&P 500 could plummet 26% within months.
  • American Rescue Plan (Biden’s $1.9 Trillion Stimulus Package (Investopedia, updated Sept 21, 2022)

Additional Related Research, Not Specifically Mentioned

The Biden Economy Rewarding America's Enemies
12-50 The Big Spend – Economics Don’t Matter in the Biden Economy

12-50 The Big Spend – Economics Don’t Matter in the Biden Economy

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Show Summary: This week, with Christmas and all the spending in the air, we thought we’d take one last look at the economy for the year. And the Biden economy looks like Christmas in another way: It’s the government playing Santa with your money. Or, as we like to call it, the Big Spend. We look at the Biden admin’s missteps on the economy. How bad are they? And will things get better before they get worse? And how soon is worse? Are there any positives out there and how much staying power do they have? Plus, a big focus on the massive debt, which is coming due for another massive expansion. But, it turns out, we’re in a lot more debt than advertised…

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Original Air Dates: December 10th & 11th, 2022 | Guest: Jonathan Williams

This Week – The Biden Economy

We get criticized for being critical of the Biden administration’s economic policies. Well, we’re not the only ones. Major financial institutions are projecting a huge downturn next year. And not just here but all across the world—in part because things look so bad here.

This week, we welcome back Jonathan Williams to discuss the Biden economy. We review the missteps by the administration, which, unfortunately, started on day one. And haven’t been corrected yet. Like their attack on the energy industry and especially oil. In fact, they’ve done everything they can to try to avoid taking responsibility. How? By running to Saudi Arabia and even Venezuela. Anything to avoid re-opening and encouraging energy and oil production right here in America.

And why is it that in the Biden economy, we keep rewarding America’s enemies?

Check out Oregon’s Debt Clock (brought to you by the National Debt Clock). Did you know (as of this writing, Dec 10, 2022) that Oregon has $48.463 billion dollars of debt?

ALEC and ACCE

The American Legislative Exchange Council, or ALEC, works with state legislators and policy makers in the 50 test tubes of democracy. ALEC focuses on sound fiscal and economic policies to improve state revenues and the states’ economic performance and outlook.

But there is also ALEC for the local level: the American City County Exchange or ACCE (pronounced “Ace”). It’s not just state legislators who deal with budgets and fiscal policies. Counties and cities do too. And county commissioners, mayors and city councilors are all pressured by left-leaning organizations (well-funded ones, we might add) to spend, spend, spend. Especially, as it happens, on far-left ideologies and allies. Help your local officials fight back. Encourage them to join ACCE to get access to policies and more to make the right decisions.

In the Biden economy? They’re going to need all the help they can get.

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Research, Links Mentioned & Additional Info

  • Jonathan Williams is the Chief Economist and Executive Vice President of Policy at the American Legislative Exchange Council. Find out more by heading to ALEC.org.
    • Be sure to check out some of Jonathan’s articles, below
    • On Twitter? You can follow Jonathan @TaxEconomist
  • Check out ALEC’s Model Policies. These policies are designed to push back against woke Leftism, which are more about politics than economics. Two we especially like:
  • Encourage your local officials to join the American City County Exchange — ALEC for the local level!
  • “Colorado Offers Gold Standard for Fiscal Restraint: ALEC in National Review” (National Review, Nov 3, 2022)
    • TABOR [Taxpayer Bill of Rights] represents a fiscal-policy achievement Coloradans should be proud of and defend.
  • Jonathan Article #2 – The States Move Forward with the Flat Tax (National Review, July 22, 2022)
    • The flat-tax revolution will continue to gather speed as more states begin to realize the competitive benefits earned by a simpler and fairer tax code.
    • The prudent policy choice for states is to enhance competitiveness, then examine spending priorities and create policies to prepare for the proverbial rainy days, rather than relying on the federal government to save the day during revenue shortfalls.
  • Jonathan on American Radio Journal (Dec 3, 2022)
    • Congress is looking at another debt-ceiling bailout; this after a 2.5 trillion increase just a year ago
  • Oregon’s Debt Clock – $48.5 billion ($11K per person; Debt to GDP ratio is 17.6%

Mentioned During the Show

Additional Research & Related to the Biden Economy

 

12-40 It’s Stupid Politicians | When Economics Meets Politics

12-40 It’s Stupid Politicians | When Economics Meets Politics

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Show Summary: It’s the intersection of economics and politics this week. And what happens when economics meets politics…? Pretty much the same thing when you give a loaded gun to a toddle and tie yourself to a chair. Jonathan Williams from the American Legislative Exchange Council discusses what is so wrong with this economy. (It’s the politicians.) And don’t miss Joe Rae Perkins who is trying to get one of those stupid politicians out.

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Original Air Dates: October 1st & 2nd, 2022 | Guests: Jonathan Williams & Jo Rae Perkins 

This Week – When Economics meets Politics

Imagine people who have no understanding of economics (stupid politicians) making decisions about the economy based on the advice of their donors, bureaucrats with agendas, and paid lobbyists.

It’s like being tied to a chair, watching a toddler play with a loaded pistol.

This week, we welcome back Jonathan Williams, who is the Executive Vice President of Policy and Chief Economist at the American Legislative Exchange Council (ALEC). Jonathan has a terrific article on the Daily Caller (), in which he neatly walks through what’s wrong with the economy right now and then provides some easy solutions. If only the current White House resident would listen. To someone other than his donors, bureaucrats with agendas, and paid lobbyists.

Go read Jonathan’s terrific article on The Daily Caller

Special bonus. Long-time I Spy Radio listeners may remember our previous shows about “market transformation.” In essence, “market transformation is a shortcut around a market. “Market transformation” allows favored, politically aligned companies to receive grants and other funding to bypass normal market barriers to entry, such as start-up costs and marketing. This is what we are seeing right now with our economy. You can see it especially with green energy. It’s not green and it’s barely energy. But it does make democrats and their political allies and ideology a lot of money.

Vote Out the Stupid

When economics meets politics, there’s just one solution. Vote the stupid out.

Because the problem with the intersection of economics and politics is that it puts the stupid people in charge. Stupid people, like Ron Wyden. Who has been in Washington DC since the 1990s. Ron is so stupid, he has an ad running right now that says no government should have control over a woman’s body. Really Ron? What about the vaccine mandates you were pushing  just months ago.

He also has an ad complaining about forest fires. Thanks for noticing, Ron, now that it’s election time. But it’s been your policies that causes them to burn. Do nothing. Blame Global Warming when all that dry kindling catches fire. Demand taxpayer dollars for Global Warming and green energy. (There’s that market transformation.) Still to nothing. Rinse and repeat.

Send some money Jo Rae’s way at perkins.vote. She needs help getting her ads on radio and TV. $50 would buy an ad play on many radio stations; in some markets as many as five airings

Jo Rae is up against the money that pours into democrat politicians who promise to do those market transformations. And those donors are terrified they will lose their golden goose if Ron goes the way of the dodo.

Let’s make stupid extinct.

Bonus: if elected, Jo Rae promises not to vote for Mitch McConnell.

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Research, Links Mentioned & Additional Info

 

I Spy Radio Logo, 1400 x 1400
It’s the Government, Stupid | Troubling Economic Indicators Right Now

It’s the Government, Stupid | Troubling Economic Indicators Right Now

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Show Summary: This week, it is all about the economy with Jonathan Williams from the American Legislative Exchange Council who is on to discuss some troubling economic indicators that the propaganda media won’t tell you about. Are we in the beginning stages of the transition to socialism…? Because this is what it would look like.

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Original Air Dates: June 11, 2022 | Guest: Jonathan Williams

This Week – It’s the Government, Stupid

“It’s the economy, stupid.” 

That was the sign Bill Clinton had in the Oval Office. It was a reminder that what really mattered to people was a strong, growing economy, With jobs and opportunities, lower prices and a chance to live the American dream.

Now, with Biden residing in the office, it’s more like “It’s the government stupid.” Because instead of focusing on growing the economy, it’s all about growing government. At all cost. 

But as with all government-run economies, we are quickly lurching toward a crash when the big government types will have a reckoning. Government-dominated economies never work.

You are living in the transition stages of a switch from capitalism to socialism. High food prices. High energy prices. Exploding inflation. High crime. And effort to remove guns from law-abiding citizens. This is what the entry to socialism looks like. And to see how it ends up, look at Venezuela.

Jonathan Williams: Troubling Economic Indicators

It’s always a pleasure to have our friend, Jonathan Williams, back on the show. Jonathan is  the Chief Economist and Executive Vice President for Policy at the American Legislative Exchange Council (ALEC).

This week, we walk through the attempted coup of our economy, troubling economic indicators that warn of impending slowdown and potential stagflation. These aren’t some distant economic indicators. These are deeply worrying economic indicators here and now. Like in the housing market.

Be sure to check out the American Legislative Exchange Council and their yearly publication, Rich States, Poor States.

And we talk about some of ALEC’s other programs. Like their  Education Task Force. Which has helped other states enact school choice. Can Oregon get it on the ballot? And get a win? (We’ll have Marc Thielman on next week to discuss the latest ballot initiative for school choice.)

And we talk with him about Oregon’s Republican candidate for governor, Christine Drazan, and what she ought to be focusing on in her economic platform.

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Research, Links Mentioned & Additional Info

  • Biden Administration Expected to Reinstate Price Controls, Bringing Back 1970s Gas Lines, Experts Warn (Epoch Times June 6, 2022)
  • Germans warned of further food price hikes: Soaring energy costs threaten the survival of farmers, the industry says (RT, June 8, 2022)
  • JP Morgan CEO Says There’s a “Hurricane” Coming for U.S. Economy, “You Better Brace Yourself” (Bloomberg News, via We Love Trump, June 2, 2022)
  • The First ‘Global Inflationary Depression’ Is Very Possible (Seeking Alpha, Mar 5, 2021)
  • Inflation Is Just Getting Started. (Peter Schiff, via YT, June 9, 2022)
    • May CPI est 8.3%
    • Oil over 122 per barrel
    • Atlanta Fed’s GDP Q2 estimate is 0.9%
  • Welcome to communism where you arrest your political opponents: “FBI Raids Home Of Michigan GOP Gubernatorial Candidate And Whitmer Challenger, Takes Him Into Custody” (Daily Wire, June 9, 2022)