Recorded in May, Charlie Rutherford and I sit down for our second helping of Political Discourse. We once again focus on how we each see policy. We first discuss Jeff Sessions and his War on Drugs redux. We talk about tax policy in association with government services. We discuss the environment and education. We talk about employment as it relates to wages, CEO wages and productivity. We discuss immigration. We talk about AI and how automation affects the prospects of employment in the US in the future. And of course, we discuss healthcare and the concept of repeal and replace and what replace means through discovering a means for replace. Finally we discuss the perception of the right on the left and the left on the right.
Speaker 1: Political discourse, part two, recorded in May. Charlie Rutherford and I sit down for our second helping of political discourse. We once again focus on how we each see policy. We first discussed jeff sessions and his war on drugs redux. We talk about tax, policy and association with government services. We discussed the environment in education. We talk about employment as it relates to wages, CEO wages and productivity. We discuss immigration. We talk about ai and how automation affects the prospects of employment in the US in the future, and of course we discuss health care and the concept of repeal and replace and what replaced means through discovering a means for replace. Finally, we discussed the perception of the right on the left and left on the right weapon to cannabis economy. I'm your host, Seth Adler. Check us out on social for the American economy. That's two ends of the word economy, political discourse.
Speaker 1: When we last spoke, we said we were going to check in quarterly. This is roughly quarterly. It's May. This'll probably come out in June. Close enough. Right. And I'm sure you know, through the conversation will be able to figure out exactly what day it was, but it doesn't even matter. First things first you asked me what would be the six signs of success for, uh, for this administration, unemployment down, wages up is what I said. Basically, yes, wages are up on unemployment's down. So let's just celebrate that. Let's handshake fan. Let's say, you know, hey, we're, we're doing something right. And it's been completely smooth sailing, which is the amazing part, not only as it happened, but I mean it's, it's like, uh, uh, a duck.
Speaker 2: We're above the water. It's nice and serene. But underneath it's this. And I mean, I think we have to admit that this transition has been so smooth. Well, so before we do that, and I appreciate the fact that, uh, that the, that, that we're going to discuss that, but what I have noticed, you know, again, to really talk about the issues to a re a position us or to position the conversation to remind folks I'm coming from the left, I tried to be in the center. Um, you're certainly not coming from the left I think is a fair way to put it. Yeah. I wouldn't say that I'm on the right and like I do each time that we're on here and we're talking politics. I do need to mention that these are my views and my views only and that's truly where the company that I worked for.
Speaker 2: Exactly. Yeah. So what I've noticed from the stock market, right, because now all I watched by the wise Bloomberg, if I'm watching the television, it's Bloomberg TV, meaning no talking heads about other stuff. I want to know what the yield on the 10 year interest rate is. That's what I want to nerd. Yeah, exactly. Um, but what I've noticed from watching this is that the markets seem to really appreciate a, a, an administration that is unabashedly pro business. And so we see the stock market is way up right since, uh, since they came in. Yes. Yeah. So, well until yesterday, because as we sit here, all of this special prosecutor stuff happened yesterday. Special counsel, but we'll get to special. Yeah. And, um, but yeah, you're absolutely right. I think that, um, and that was what we talked about last time we spoke where, uh, it, I would rather have somebody that was pro business in the macro sense and might have weaknesses on cannabis or potential weaknesses on cannabis than somebody who might have strengths in cannabis, but what I felt were big weaknesses in business.
Speaker 2: Right? Which is why you didn't vote for the libertarian candidate. I would imagine. That's correct. Frankston, cannabis weaknesses everywhere else, right? Or at least, uh, uh, possibly we weaknesses everywhere else. So, uh, so. Okay. So here I see I'm looking at business leaders. I'm looking at folks that, you know, where the money is and they just appreciate the fact that we're going to try to, you know, take regulations down and coming from cannabis, you and I save patient access with sensible regulations. We have to have sensible regulations. Absolutely. Right. So I'm there, you know, if the regulations that are currently in whatever industry it's in and whatever, whatever, if they need to be eased so that it makes more sense. Businesswise I'm fine with that. I do want clean water as we've discussed. I'm, I'm someone that does appreciate the kind of idea of the EPA who allows me to kind of feel good about the fact that I have clean water.
Speaker 2: Then of course with the EPA intact, there's Flint, Michigan and uh, no accountability. Has anyone gotten disciplined or fired over that? Ah, so that. Listen to everyone. We all want the same thing, right? We just questioned what the best way to do that is. D and so what I think is one of the paradoxes of this whole thing is you think that, okay, conservatives, they don't care about the earth because they don't care about water and they're not saving trees. And Dan, well, you know what though my, although I don't hunt and I don't really fish, but I do mountain bike. I want healthy trails. I want healthy woods, I want clean water because I want to go swimming or water skiing or something like that, and so we want the same thing. We just question whether it should be a government entity who we've realized in the flint is a fantastic example.
Speaker 2: Has No accountability. I mean who do you go in and wait, wave your finger out when they or the Colorado mind thing that when they polluted the river and turned it yellow because they opened up a mind that they weren't supposed to open up and so where's the person that gets in trouble? Where's the person that takes accountability for that? Right? Is the question. Yeah, exactly. Both of us have, right? So I tend to trust a, tend to put trust or more energy behind things that have some accountability like that. And I tend to also, I mean one of the good examples of people that Hate Walmart, right? Well, okay, if you don't like Walmart, you don't need to shop there. The thing with government though is government can arrest you. Sure. And so when government gets too big and you can't avoid doing business with the government tried to go get a license, a driver's license renewal, um, without using government, you can't do that, I don't think.
Speaker 2: I mean not legally, at least no one will probably be a really cheap laminated picture and it'll be actually be Steve Martin's photo over yours, laminated to a New York driver's license. And as we sit here in the DMV, DC, Maryland, Virginia area going to the DMV, I mean, I think left and right and center can agree. No one, no one really is looking forward to that. Right? So this is kind of where you know that, that that's within you and you like to actually kind of try to maybe figure that out. Why does that have to be so terrible? So let's talk about now jeff sessions. Let's, I, because I have a feeling that we're going to be on the same page here. There's the window rattling, but nothing happening in terms of cannabis, right? It does sound like medical cannabis is going to be left alone.
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