Justin Mohr Show

On January 20th Donald Trump was officially sworn in as the 45th President of the United States. The 17 minute long speech he gave had a very nationalistic sort of tone to it and that is not a good sign for lovers of liberty.  Obama added $9.3 Trillion to the national debt in 8 years, while Bush added $4.9 Trillion. The problem with our economy today and the problems our country is facing is we’re spending too much money and the government is too big!  Both parties are at fault and the only way to make America great again is by reducing the size and scope of government!

Direct download: jmsEp125-The_Trump_Presidency_begins.mp3
Category:general -- posted at: 1:00am MST

Vehicle discounts increased in December of 2016 to increase auto sales to yet, another record year!  Demand for cars has fallen because the auto bubble is deflating and it took a decrease in vehicle prices to bring people into dealerships. How much longer will this go on? The auto loan bubble will be fully pricked by the time the next economic crisis is here and we seem to be very close to that. Also, companies like Cadillac are offering a new program where you pay a $1,500 subscription and you can drive any top of the line Cadillac car you want. There is no contract, just a $1,500 a month subscription. This new program will begin to roll out on February 1st, 2017 in New York City. Is this the future of the car industry? What’s coming next?

Direct download: jmsEp124-The_future_of_the_car_industry.mp3
Category:general -- posted at: 1:00am MST

Donald Trump is 10 days away from being sworn in as the 45th President of the United States so we have to ask ourselves what will a Trump presidency look like? The way Trump is on twitter all the time saying he will put tariffs on a company that sends jobs overseas is rather concerning. It’s going to be an interesting 4 years of the Donald and I don’t think they will be good for liberty at all.

Direct download: jmsEp123-Trump_and_Twitter.mp3
Category:general -- posted at: 1:00am MST

Thomas Sowell wrote his last column on December 28th and he decided to give it up after about 40 years of doing it!  Sowell has had a huge impact the economic world because of the amazing books he has written over the years!  He’s an extremely gifted writer who writes very clearly, concisely and is just a brilliant mind. A few points he makes in his last few columns are discussed to pay tribute to an incredible mind that has done lots of work defending the free market and making the moral case for capitalism!

Direct download: jmsEp122-Thomas_Sowell_farewell.mp3
Category:Business, Politics, Education -- posted at: 1:00am MST

Who do you think is the biggest political loser in 2016?  I would argue the biggest, political loser in modern American history is Hillary Clinton!  Hillary Clinton has always been seen as the inevitable first woman president but that no longer seems probable at all!  Also, a woman in France is literally engaged to a Robot and she plans on marrying this thing when it’s legalized!  This world is literally insane and I think things will only get more insane in 2017!

Direct download: jmsEp121-year_in_review_2016.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

No one was shocked by the FEDs recent decision to raise interest rates to .5-.75%. The FED has raised interest rates a total sum of .5% in 10 years!  That’s not much of a move but the markets think the FED is being very hawkish right now with the dollar hitting a 14 year high!  During the campaign, Trump stressed to people how he will make America great again but really it’s an impossibility. The only way for things to turn around is if the government shrinks and the free market is allowed to prevail!  Trumps natural instincts is to fix things with government. The markets wishful thinking in regards to a Trump presidency are vastly overblown and will crash back to reality rather soon.

Direct download: jmsEp120-Fed_raises_rates_again.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Donald Trump agreeing to a deal with Carrier to keep jobs in the U.S. is the crony capitalist system we have today. This is how business in America is done today and why we are very far away from any kind of free market system! Granting special deals and privilege to government favored businesses is the government picking winners and losers! The government protecting businesses from competition makes them actually less competitive and less responsible to the consumer. So we, as taxpayers, are soaked in more than one way!  Many people out there are optimistic of a Trump Presidency but this Carrier deal shows it’s more of the same.

Direct download: jmsEp119-Trump_and_the_carrier_deal.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Just after Thanksgiving, Fidel Castro died at 90 years old. Fidel first came to power in Cuba in 1959 and ruled there for over 50 years! People on the left love to praise Cuba and they loved the heck out of Fidel! But what is really the truth? Did Fidel really improve the lives of the Cuban people or did he make life much worse? What is life like today for the Cuban people? Cuba really is a good example that communism doesn’t work and socialism/communism is anything but compassionate! Capitalism and the Free Market are the best ways to help the poor and with examples like Cuba, Venezuela and North Korea, it’s amazing people like Bernie Sanders still get the support they do get.

Direct download: jmsEp118-cuba_and_castro.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Many people are fearing deflation but is this really something to be feared?  Not at all!  If we had an unhampered, free market deflation would naturally occur in the economy!  We would have slowly falling prices because we are more productive and at the same time, real wages are rising!  Today, real wages are falling and the Federal Reserve is slowly eating away our purchasing power via inflation! The deflationary death spiral is a myth and can never happen. Only when government gets involved can a great depression like scenario occur.

Direct download: jmsEp117-fearing_deflation.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Prior to Donald Trump being elected, it was said the markets would crash! The stock market is at record highs and the dollar is at a 14 year high! So does this mean our economy has recovered? No, what we are seeing now is short-lived and once Trump is sworn in as the 45th president of the United States, this optimism will have disappeared. The only way out of our excessive debt problem is inflation. They will paper over these debts. QE4 is coming my friends so prepare yourself!

Direct download: jmsEp116-the_economy_and_trump.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST