Hot Topic: Trumpocracy with David Frum [Part 2]


PODCAST November 21, 2018


Show Summary:

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 Bolsonaros declared Brazils next President

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

America is Edging Closer to Civil Warby Niall Ferguson
GMs 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/davidfrum


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: https://qa.nicolawealth.com/our-team/john-nicola