How to Pivot

Politicians pivot, which means they find a way to change the subject, when answering questions. It becomes almost reflexive. Then there is the grand pivot, which allows the politician or whoever is being interview free reign to bring up a host of subjects, all designed to make the president or opposition party look bad. A good interviewer will catch this, and get the guest to answer the question. Or at least try.

I watched a bit of Fox News. If the host of the program is Sean Hannity, Tucker Carlson, or Laura Ingraham, you can ask them any question, and it will come back in a minute to several favorite topics such as immigration, illegal drugs and our national debt. Sometimes all in one quick response. This is the grand pivot.

Case in point. Question given to one of the guests on Fox News, “What do you think of Biden’s trip to Ukraine?” and the guest came back, “Biden hasn’t a clue of what he is doing in so many areas, immigration, national debt and funding for Ukraine.” The guest avoids totally Biden’s very successful trip to Ukraine and the huge crowds he attracted in Warsaw.

This particular politician then took off in in his attack on Biden stating that he should get the Europeans to fund the war, so we can solve our problems at home, lower inflation, stop illegal immigration, and of course, lower the national debt. ” So, in a blink of an eye, the guest sees the question as a Segway to a host of other “issues” usually issues with few solutions. And of course on Fox News, the grand pivot is pretty normal.

Of course, the guest has really not answered the question. It got pretty silly, as the guest claimed that we were subject to an invasion on our southern border. Last I checked, Mexicans were not shooting missiles or bombing apartment buildings. When you have a southern border that stretches nearly 2,000 miles, you are going to have illegal immigrants.

I like the quote from John Kennedy: Domestic policy can only defeat us; foreign policy can kill us. John F. Kennedy

What Kennedy is talking about is bad policy. Doing less than we can do for Ukraine, will change the balance of power around the world.

It is true that politicians pivot, and Democrats will often change the subject. Frequently, the interviewer brings the guest back on track.

And just for the record, Biden and his administration, is trying hard to bring other allies to contribute to stop Putin. And war is extremely costly. We are paying with dollars, but the Ukrainians are paying with their lives.

Stay tuned,

Dave

Obama Legacy – Economics, Part 1

Worst economic conditions since 1973.  Labor participation has never been this low.  Percent of home ownership now at a 10 year low.  Deficits are sky rocketing.  Thank God we got rid of Obama and his screwed up economic plan.

Ok- this is from Fox news,  Sean Hannity, right after Obama’s farewell address.  I’ve embellished on a bit.  This kind of bashing of the economy used to come from financial advisors with doomsday prediction, and then either “Buy my book … ” or “Call me now at 800- ….”  so you will be protected.   Now, it’s all about ratings.

When things are bleak for large companies, the stock market crashes.  The stock market crashed in 2008 at the end of Bush’s term as the banking/financial crisis got red hot.

djia

Now, the first big infusion of government money came during Bush’s term.  Conservative Republicans hated this, and stated it was like throwing gasoline on a fire.  But no recovery goes straight up. I count 9 dips in the Dow.

As the economy recovered,  unemployment dropped from 10% to 4.6%.

unemployment

 

And the housing market recovered as well beginning in late 2009.

housing

Unemployment and housing starts are two of the most closely watched barometers of the US economy.

Average home prices have also increased, and bank requirements for new loans are more difficult than in the period of 2000 to 2008.   This is why, the percentage of home ownership  declined  during Obama’s administration.    Also labor participation declined as baby boomers retired.  Increase enrollment in colleges may also be a factor.

Has the election of Trump made a difference in the economy?  Certainly, the stock market has rallied since November, but it is far too early to tell.

I haven’t mentions the US debt and other important aspects of the economy. To be continued.

Stay tuned,

Dave