TrueValueMetrics ... Impact Accounting for the 21st Century

Date: 2025-08-21 Page is: DBtxt003.php txt00028061

THE SOCIO-ENVIRO-ECONOMIC SYSTEM (SEES)
and
TrueValueMetrics (TVM)
Thoughts on how accountancy and economics
need to adjust to have future relevance and utility.

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Contents

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SECTION 1
INTRODUCTION
Version 1 ... February 2025

Introduction

0:00
he didn't sit down with the head of Panama to discuss the canal or the head of Denmark to disc he announced he
announced and he's made a career out of being the Naughty Boy and the working
class loves it because they felt abandoned which they had been the
Democrats are as responsible for Mr Trump as anybody else and Mr Trump won
because he managed this symbolism very well I am naughty I am not of that
establishment I hate them like you
do we last spoke on the show a few months ago just before the 2024 election
and at the time the crucial word you used to describe Donald Trump was
irrelevant and I believe you should correct me if I'm mistaken that the point there was

1:06
that he was just going to be some sort of blip in history and I'm wondering if
now in 2025 you're still feeling that he's
irrelevant yep I am I don't think
that uh I don't think he has a clue I'm
I'm mostly Amazed by the collection of people he has brought with
him because I don't I wait for somebody in that group and that that may still
emerge but I wait for somebody who seems to me at least to have a
sense of a strategic perspective that understands
the basic problems and comes up with a plan of how to deal with it I'm not expecting a plan

2:01
that's foolproof a plan that can't fail nothing like that but just a kind of
coherent assessment of what the problems are connected to a coherent plan the the
economic problems faced by the United States now are incredible in their
multiplicity in the their seriousness in how many of the problems have not been
addressed for a long time uh but I don't see other than verbiage
the verbiage is endless sort of an explosion of verbiage but I don't see it
so I don't think whatever he does is going to make much of a difference to
what's going on here and there will have impact horrible in some cases perhaps
beneficial in others but as a comprehensive assessment of the problem and the strategy well I don't see it and

3:01
so I my conclusion is that the hodge podge of policies and that's what it is
a hodge podge of mutually contradictory weird
proposals that are much more two things continuations of what
worked for him as a candidate plus doubling
down on where he got himself into trouble seems to if I can discern a
strategy that's it what worked to get me in should work to keep me going a big
mistake and doubling down where I didn't succeed before or where I've been P got
push back doesn't strike me as a brilliant move either it's a kind of mechanical response to somebody who
hopes that this approach will somehow work people have been asking me and and

4:00
the image I like is Donald Trump was told that there is this thing in
football called a Hail Mary pass that's when the the quarterback in a tough
situation just leans back and Hees the ball downfield as far as possible tells
his uh Confederates on the team those that are responsible go into this
direction go to the left corner let's hope you're where the ball comes down or where it bounces into your and
you know sometimes that works is it possible that what Mr Trump does will
actually produce the outcome he tells us it will sure it's it's not a zero
possibility but then we don't miss Mr Trump because that's almost true for anybody who would certainly would have
been true for Mr Biden or kamla Harris or anybody else it's not a coherent and
I'd be glad to explain how and why that is but it is it's a strange

5:05
amalgam of contradictions and the only reason I
have to say that is because the media in this country want
to give him as a new president or a returned president the benefit of the doubt or maybe some leway or the first
100 days this and so they don't do what they should do I think that will
change as the impacts of what he does become clearer but for the moment no you
said a lot of things that I want to get back to such as this hodg podge of strategies and and his cabinet picks but
was stepping back for a moment one of the things that I've really come to enjoy doing on the show Even though many
listeners seem to hate it is discuss both sides of an issue and so my last

6:03
interview was with Victor Davis Hansen of the Hoover institution and we talked about Trump and the election and what to
expect going forward and that's one of the topics that you and I are going to discuss before I tell you some of the
things he thought which I expect you might disagree with I would hope so I am
curious to hear why you think after the fact now Trump won the election and
Harris lost Harris made a strategic choice to be the
continuation of Joe Biden I understand what many of the considerations were
that led her to make that decision and when I say her I mean the Entourage
around her that helps her make strategic decisions uh which all candidates have
and I think you know if I had to pick a single thing what the American people

7:04
want is change an awful lot of them want change and Mr Trump not by the programs
he comes up with so much but the Bluster the The Bullying the the over-the-top
language the the endless symbolism and so conla Harris undercuts
this by in insisting Under Pressure that she
is the continuation of Joseph Biden that was a mistake Biden was nothing Biden
was same old same old you know B and by that I don't mean Democrat you know it's
like George Bush or Clinton or Obama it's just it's it's
what a majority of Americans in different ways and for different reasons
they don't want more of that they want something than else and I think you know

8:02
in a country like ours which has its cold war Legacy which I would Define as
follows a liberal consensus on both sides the kind of
moderate Republicans and the usual Democrats um moving steadily to the
right both of them in the aftermath of the Great Depression in a program I
would call the UN doing of the New Deal which they did together um what the lesson was to the

How the Left Can Defeat Donald Trump

8:35
mass of people is there is an establishment we have Tweedle Dum and
Tweedle D we oscillate between the Republican and the Democrat nothing much changes and if you do want to change the
only allowable place is to go to the right because the left was anathema the
left was evil we had had we had a purge of people on the left after World War II