Monthly Archives: January 2022

EP 517 Are You a Part of the 9.9 Percenters In America?


In the past, there was a mythology built around the concept of the millionaire next door.  It was the assuming couple who brought little attention to themselves.  They didn’t drive flashy cars or exhibit a taste for bling.  As two-income professionals, however, they had a nice home and learned the lessons of compound interest early on.  Today, in aggregate, they make up the group with the most wealth in America.  And while we often talk about the excesses of the 0.1 percent, perhaps we have given too much of a free ride to those right below them who have plenty of assets when totalled up but see nothing in their lifestyle that creates the inequities that the other ninety percent are feeling.  In many cases, they fail to recognize the many ‘invisible’ benefits that society offers those in this group. Philosopher Matthew Stewart, author of ‘The 9.9 Percent: The New Aristrocacy That Is Entrenching Inequality and Warping Our Culture’, joins us to discuss this key sub-set in our culture.  By the end of the podcast, you will determine if the label applies to you.

EP 516 Reshoring of Manufacturing Jobs Poised to Surge 38 Percent This Year…But

Description: It would seem that the pandemic has pushed some manufacturers to bring certain manufacturing processes home and while the percentage of movement stateside seems impressive given the movement away from our shores it’s still not enough, according to Harry Moser, president of the Reshoring Initiative. In order to insure that this is not a temporary pause in offshoring, America must develop a clear and consistent industrial policy.  One unlike that which has seen America’s manufacturing sector whither over the last 40 years.  With advanced manufacturing initiatives, particularly in the computer and electronics sector,there is a move to reverse that trend to some degree.  But, according to Moser, it will take the adoption of a VAT tax, the weakening of the dollar against other currencies and an educational push to drive young people into manufacturing jobs of the future in order to sustain the reshoring effort and provide us with the manufacturing base necessary to provide for our own defense and health and safety.  With the race to the bottom in manufacturing such a consistent tool for multi-national companies, it will take a concerted American reversal of policy to attentuate its impact.

EP 515 Young Americans(and the Youth Everywhere) Will Be On the Move This Century With cascading economic crises, political unrest and climate change, four billion youth are abandoning failing states and looking for livable situations everywhere.  Given the climate and affordable housing, America’s Rust Belt will look attractive to many in the years to come.  It will also bring people closer to the border of Canada, one of the most welcoming countries for immigrants in the century ahead.  America which has traditionally been open to immigrants finds itself having recoiled from that position in recent years, just at a time when the young people of Central and South America and other spots could provide necessary services for an aging population.  Within the borders of the United States, movement inland from the coasts and south to north will also be inevitable as climate pushes people to less turbulent destinations.  Parag Khanna one of the most far-sighted thinkers of his generation, and founder and managing partner of Future Map, has a vision of the future in which there is a war for young talent as countries realize their need for able-bodied, tax-paying migrants to avoid demographic doom.  ‘Move: The Forces Uprooting Us’ is the first book to reveal where we will go to survive climate change and other misalignment of natural resources, borders, infrastructure and people.  He speaks as cogently as he writes and he joins us on today’s podcast.

EP 514 Space Exploration Under New Management

In a reversal for the American approach to many endeavors, space exploration started out as a public venture through NASA, focused on national security and scientific dominance, to an area that sees most of the investment today coming from private space barons, like Elon Musk, Jeff Bezos and Richard Branson, among others.  Their motivations, individually and collectively, are wide ranging from the desire to take heavy industry off our planet for environmental reasons to commercial travel and actual creating a place where humans can go on a more permanent basis.  People have been excited to witness a re-commitment to manned space travel and imagining that the possibilities for the average person to explore the next frontier are finally within reach.  Joining us to discuss the future of space travel is Professor Mike Gruntman, who teaches Astronautics at the University of Southern California.  So before you sign up to take a ride or join the newly minted Space Force, listen to this podcast.

EP 513 The Food and Drug Administration: What Goes On Behind Closed Doors?

How do you know the food you’re eating is safe to consume?  That the labels on food tell you something meaningful about what you’re going to eat?  That the food supply, which now includes many staples from overseas, has been inspected?  Presumably, we have a powerful regulatory agency in the Food & Drug Administration(FDA) that can provide us with these certainties.  Or can they?  The first insider account of what goes on there has been released by Richard Williams, PhD., author of ‘Fixing Food: An FDA Insider Unravels the Myths and Solutions”.  While much of the focus of late has been on how the FDA handles drug approvals in the wake of the pandemic, the other side of the house has important responsibilities to keep our food supply safe.  How do they go about that process with our confidence given the fact that inspections often take place once every six years and one out of every six Americans gets food poisoning each year, according the Centers for Disease Control.  It’s a complicated business with lots of big food manufacturers designing more new food products each year.  We’ll ask the hard questions and get answers from a man who did the cost/benefit analysis on food for our government for decades.