Ah, so you think only those that can't earn money offer the best economic advice. That explains a lot.
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Trump has a degree in economics, but does he have a Nobel Prize?
- Thread starter Pogo
- Start date
Who said that, Karl Marx?
Pogo
Well-Known Member
So what is your anti-growth alternative? I think we may well need one and maybe soon, but what is it?
Degrowth - Wikipedia
Ok, not sure if that enlightens me or just repeats my question in a whole lot more words but thank you for the link.
Koldo
Outstanding Member
Pretty much any economist.
Wirey
Fartist
It's worth remembering that despite our onerous 'tax load', Canadians are more wealthy than Americans as a measure of what we own compared to debt load, thanks primarily to free health care. It is an average, as there are wealthy Yanks and poor Canadians (see: me), but still. Health care debt in the US is amazingly high.
Twilight Hue
Twilight, not bright nor dark, good nor bad.
I was gonna say Madonna before her conversion but I'm old.
Or maybe he knows more about how to soak the government (i.e. the tax-payers) for even more wealth for himself.
We approve of this political ad!
However...
If terrorist Yasser Arafat can receive a peace prize… makes you wonder if not receiving one makes you a better person.
Koldo said it.
In business, we practice micro-economics.
It's fascinating that Magas credit pundits in Trump's
cult as singular experts on reality, eg, lawyers like
JFK Jr rather than epidemiologists & immunologists.
So we should expect them to believe that actual
economists know less about economics than
reality TV show hosts.
Most of that will end up with the people who have successfully sued him and the lawyers handling his multiple indictments.
Trump is a criminal. He's now a convicted felon.
The money he made on Apprentice was also fraudulently earned.
Even his day allegedly working at a closed McDonalds was a fraud.
As was demonstrated in New York, much of his wealth came from decades of business fraud. Two of only a small handful of his employees have been convicted of committing crimes at his behest and on his behalf, and then gone to jail.
Now, others will get it just as others are getting Giuliani's net worth.
His charity and university were frauds.
He swindled the US taxpayer when putting up Secret Service at his resorts by overcharging.
He bankrupted casinos - sure money makers in the hands of anybody else.
Today, he's a huckster peddling sports shoes, coins of himself, watches, Bibles, and whatever else he can get his simple followers to buy WHILE CAMPAIGNING FOR PRESIDENT (he needs money; those lawyers aren't cheap, and they know better than to let him owe them). He's basically Mr. Haney from Green Acres:
You don't seem to know what the science of economics is about. It's NOT about making money. For that, get an MBA.
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metis
aged ecumenical anthropologist
That is quite a dandy non-sequitur, so maybe try again.
metis
aged ecumenical anthropologist
That doesn't really deal with the point.
I found the sub-points, like higher tariffs, to be a political twist of reality and thus simply a political ad.
metis
aged ecumenical anthropologist
We know the implications of higher tariffs, which may lead to some good results but also some bad. So, what's your point? Some of us have studied macro-economics because of our profession, so...
My point is that changes like this and many other things are "kosher" for discussion, and also that actually looking things up versus blindly believing in whatever usually is a smart move. Politicians often have motives that don't reflect objectivity and/or honesty.
My point is that he, in essence, is isn’t “for tariffs” in and of itself but rather uses tariffs to balance the table as history is shown. As an example, France’s abusive tariffs was met with tit for tat. End results as that neither increased tariffs.We know the implications of higher tariffs, which may lead to some good results but also some bad. So, what's your point? Some of us have studied macro-economics because of our profession, so...
There is a reason why some tariffs are necessary. Some foreign companies are subsidized by their government giving an unfair advantage. Tariffs can make the playing field equal.
To make a blanket statement that Trump is going to put “high tariffs” is such a broad brush that sells news but doesn’t give reality, a political statement. As they say, “The big titles giveth, but the small print taketh away” analogy. Axios would be the left side of Fox. Both are notorious in inflamed titles.
I agree
metis
aged ecumenical anthropologist
I agree.
Again, I agree.
That I disagree with based on what we do know about tariffs and the possible drawbacks. When Nobel Prize economists agree there's a serious problem with what Trump is saying he'll do with raising tariffs, I do believe we'd be wise and pay attention rather than just write them off for political reasons.
Tariffs will raise prices, pure & simple, and since price inflation is the #1 concern of millions of American families, this would not be a good move in the long run. And it's entirely possible, imo, that Trump is selling this so as to blame others but would back off if elected. This is what the pusher of hate, hate, hate will do and has done.
IMO, I think that love and honesty as Jesus taught would be the much more moral thing for him and his followers to do.
PTL!
The problem I have here is:
1) What people say to get elected and what one actually does so I look at history. i didn’t see much of that history in his last go-round. Like what Kamala says she is for, as I look at her past, and see that what she says today isn’t what she did before nor matches what she said in the last go-round.
2) It is easy to cherry-pick people who support your position.
Like this:
Sixteen Nobel Prize-winning economists warn a second Trump term would ‘reignite’ inflation
It bypasses the economics of the last 4 years where some years saw a 300% increase of inflation over the years of Trump. Also, though it is straightforward in numbers as far as inflation per year, it doesn’t really measure the actual impact for the average person because it affects them greater.
Though inflation was at 3.4 in 2023 - food inflation was almost 6% - Actuality: USDA's Revised Projection for 2023 Food Price Inflation - so for the average family, the inflation was far greater that what the general statistics say.
Yes, excessive tariffs will do that. But I doubt if that will come to pass.
Absolutely. That is one reason why I think Kamala should answer her true beliefs instead of adjusting for election purposes. But it does go for all.
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metis
aged ecumenical anthropologist
To me, most of the above is nonsensical gobbledygook, so that avoids the real problem if Trump's blatant dishonesty and his materialistic approach which seems higher on your list of most importance versus anything else. But then, if you get your "news" from only right-wing sources, should I expect anything different [notta question]. Trump clearly is a racist and a fascist, and for some reason that seems to be acceptable to you.PTL!
The problem I have here is:
1) What people say to get elected and what one actually does so I look at history. i didn’t see much of that history in his last go-round. Like what Kamala says she is for, as I look at her past, and see that what she says today isn’t what she did before nor matches what she said in the last go-round.
2) It is easy to cherry-pick people who support your position.
Like this:
Sixteen Nobel Prize-winning economists warn a second Trump term would ‘reignite’ inflation
It bypasses the economics of the last 4 years where some years saw a 300% increase of inflation over the years of Trump. Also, though it is straightforward in numbers as far as inflation per year, it doesn’t really measure the actual impact for the average person because it affects them greater.
Though inflation was at 3.4 in 2023 - food inflation was almost 6% - Actuality: USDA's Revised Projection for 2023 Food Price Inflation - so for the average family, the inflation was far greater that what the general statistics say.
Yes, excessive tariffs will do that. But I doubt if that will come to pass.
Absolutely. That is one reason why I think Kamala should answer her true beliefs instead of adjusting for election purposes. But it does go for all.
Sorry to say that you've made it clear that you're more into Trump than Jesus, and that's a real shame.
A horrible illogical deduction that, if turned around, I could construct the same on your position. The difference between you and me is that I don’t judge who is the Lord of your life as you did with me. Jesus will always be my Lord… I have no illusion that somehow Trump is the answer of the ills of the United States of America.
I don't think he'd disagree that he supports any law the allows his religion to dictate the rules of society. He supports Trump because he hopes that Trump will continue to promote theocracy given both Trump's and his own disinterest in the Constitution or Americanism wherever it attempts to limit anything that either of them wants. For Trump, that's fascism. For him, that's theocracy. He might not say so explicitly, but I've pointed that out to him a few times recently, and he failed to acknowledge the words both times.
America has three kinds of enemies the theocrats, the autocrats, and the robber baron capitalists. All of them find the Constitution and the law bothersome regarding their separate agendas to thwart humanist ideals like freedom. tolerance, and social and economic opportunity for all by accumulating unlimited control over our lives, amassing unchecked personal power, and amassing unlimited wealth at any cost to people and the environment respectively.
It can't be said often enough.
"When Fascism comes to America it will be wrapped in a flag and carrying a cross." - Sinclair Lewis
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