In this episode of The Wealth Exchange,  Nicola Wealth Management’s CEO, John Nicola, and David Frum continue their conversation on the current political landscape in the U.S. and global politics.

On this episode, John and David’s conversation focuses around Trump’s policies, taxes, and the impact of media and communications on the current political and economic landscape.

David is the Senior Editor of The Atlantic and has previously held many titles, including Speech Writer for George W. Bush. An avid political commentator and author, David has recently published his New York Times Best Selling book, Trumpocracy.

Key Takeaways:

[:29] About today’s episode.

[:50] David shares his thoughts on mainstream economic thinking and the standards of living.

[3:08] David and John discuss the startling statistics of United States’ life expectancy.

[5:37] One of United States’ successes: their reduction in crime.

[7:42] They discuss the impact of Trump’s policies.

[10:25] The global phenomenon of “all the other Trumps” around the world.

[12:35] The impact of media and communications on the current political and economic landscape.

[15:32] Is the U.S. on the cusp of a civil war?

[19:40] Is the media responsible for Trump’s presidency?

[23:55] How David would craft a more fair nation, economically.

[30:05] The reason why Trump’s tax plan is so poorly designed.

[32:33] David’s thoughts on GM’s CEO asking the government to help promote the use of electric vehicles.

[39:05] Why David believes there continues to be hope under Trump’s presidency.

[41:02] Are millennials generally more open and tolerant and likely to think from a liberal perspective than their parents?

 

Mentioned in this Episode:

Jair Bolsonaro’s declared Brazil’s next President

The Road to Unfreedom: Russia, Europe, America, by Timothy Snyder

“America is Edging Closer to Civil War” by Niall Ferguson
GM’s CEO on the future of electric vehicles

 

Guest Bios

David Frum

One of the most influential political analysts of our time, David Frum brings a rational conscience into the mainstream and the often-polarized world of American politics.

As Senior Editor at The Atlantic, David’s commentary on social and political issues generates thought-provoking discussions throughout America and around the world. The Wall Street Journal dubbed him one of the leading politician commentators of his generation for his work in The Atlantic, Newsweek, The Daily Beast and CNN. In his quest for the truth, David has been a long-time advocate for shaking up the polarized U.S. Political system, providing insight into what political outcomes mean for specific audiences around the world.

For his full bio, visit: nsb.com/speakers/david-frum

 

John Nicola

John Nicola is the Chairman and the Chief Executive Officer of Nicola Wealth Management and has been a veteran of the financial services industry since 1974.

His areas of expertise include investment management, estate and financial planning, as well as business planning with a focus on best practices for wealth building, exit strategies, and shareholder agreements.

For his full bio, visit: waterstonehc.com/governor/john-nicola

 

 

For More Information on this Week’s Episode, Visit:

wwwNicolaWealth.com/TheWealthExchange

 

Disclaimer:

This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.