This is a PPT for a speech I gave in August to an agriculture firm. It covers the topic of the US political economy and where future growth will come from. US economy, US 2016 election and policies, and future growth via Agtech were all covered.

1. US Economy
Can we keep it going?

2. Problems and Solutions
US & Intl Economic Situation
2016 Presidential Race
Future Growth

3. The problem: slow growth

6. US Dollar +25%

7. 3yr Oil and Nat Gas

10. Rate Dilemma
“There are limits to what monetary policy can and,
indeed, should, do. The burden must also fall on
fiscal and other policies to do their part to help
create conditions conducive to economic stability.”
SF Fed President John Williams

11. The 10yr Debt Time Bomb

12. Productivity=Growth

13. Big Problem: 5yr low

14. Solutions
Free Trade=lower tariffs
Reg. Relief=reduced costs
Tax reform=capital formation
w/incentives
Infrastructure=efficiency
Energy Production

15. Trump Econ/Tax Plan
Cut Corp Tax to 15%
Limit Pass Thru 15%
1x 10% Repat Tax
Ag TPP and NAFTA
Impose tariffs on
imported goods
Big Drop in Interest
Deductibility
New $500B infrastructureFull expensing!

16. 100 Day Energy Plan
Save coal industry
Pass Keystone
Rescind Obama executive actions:
Climate Action Plan
and the Waters of the U.S. rule
Lift moratorium on energy on federal lands
Cancel Paris Climate Agreement

17. Trump plans help/hurt
Help: big tech & big pharma
Hurt: debt heavy balance sheets
Help: industrials & manufacturers
Hurt: free trade
Help: energy production
Help: Transportation/Engineering

18. CLINTON PLAN
Fair share tax
New Tax Credits for
Profit Sharing and
Apprenticeships
No Free Trade
Exit Tax
$275B Infrastructure plan

19. Big Change to Cap Gains

20. Energy Plan
500mln solar panels by 2021
Implement Clean Power Plan
$60B Clean energy challenge
Implement Paris agreements

21. Clinton plans help/hurt
Hurt: MNCs competitiveness
Hurt: raises taxes on top earners/
capital formation
Help: transportation/enginering
Help: energy/alternatives
Hurt: energy/hydrocarbon production

22. 2016 Recap
Clinton:
biz tax hikes
build on regs
cap gains tax
no free trade
big alternatives
big infra
create pathway
Trump:
biz tax cuts
reduce regs
full expensing
no free trade
big hydro carbon
big infra
build a wall

23. Trump Poll Drop

24. Down Ballot: Senate

25. Major Ag. Issues
Climate change
Global Trade
Immigration
Food regulations
Energy Security

26. Solution summary

27. Future Growth Solutions
Agtech
Driverless equipment
Alt Energy

28. “…we have seen how the great acceleration is
being driven forward by a powerful alliance between
hardware and software – between technology and
ideology. Day by day, year by year, this process is
reaching further into our lives, as the billionaires
and would-be billionaires of Silicon Valley widen
their ambitions. Space travel, education, energy,
agriculture, transportation – all these sectors and
more are in their sights. In their quest to disrupt the
world, they and their cousins around the world are
aided and abetted by the availability of raw
computing power on a scale unimaginable a few
decades ago.
Robert Colvile in “The Great
Acceleration: How the World is Getting
Faster, Faster”
AGCO, Autonomous Solutions
(ASI), Autonomous Tractor
Corporation, CLAAS, CNH
Industrial, GEA Group, Harvest
Automation, John Deere,
Shibuya Seiki, Trimble
Navigation, Yamaha Motor
Company, Yaskawa Electric
Corporation

29. Big Data, Analytics, AI

31. Driverless Taxis and Trucks

32. Economic Hero or Goat?

33. eCars Tiny, But Growing

34. Stored Sunlight

35. Storage is the Holy Grail
Source: GTM Research Energy Storage Monitor 2014

36. Your Future Hero?
“Robots may become even
more personally prized than cars.”
Gill Pratt
CEO Toyota Research Institute

37. Final Thoughts…