Or, it’s a Trump spokesman providing THE explanation of why Trump had all that highly classified/sensitive material and what he was planning to do with it.
Economics is predictive in nature. They use math and numbers to give themselves gravitas. People who look at the same data will often come up with different predictions. As I used to tell my students, if you laid every economist in the world end to end they’d never reach a conclusion.
I think it was President Truman who once remarked that you if took every economist in the nation, laid them end to end, they’d all be pointing in different directions.
U.S. President Ronald Reagan on Liberals: “You know, we could say they spend money like drunken sailors, but that would be unfair to drunken sailors.” However, Reagan’s economic policies raised the national debt from approximately $900 billion to over $2 trillion. His administration transformed the United States from the world’s leading creditor (as late as 1983) to the number-one debtor by 1986.
@Richard StJohn. Oh, good grief. The tax cut JFK was talking about was reducing top marginal rate from 90% to 70%. It stayed at 70% until Reagan’s voodoo economics cut it to 28% and both deficits and income inequality began to soar. The US would benefit greatly to go back to the tax structure of the Kennedy era. (Eisenhower would be better.)-——————————-
How the rich see the poor and why they just walked to the plate and hit a triple without picking up a bat while the working poor do work hard and get around slowly and never as high as the high born.
====
It’s called psychological reactance.
The psychology of anti-PC and Trump supporters
From the commentary:
“Jonathan Haidt, a professor at N.Y.U., suggested to me that one way to better understand the intensity of Trump’s appeal is by looking at something called “psychological reactance.” Haidt describes reactance as “the feeling you get when people try to stop you from doing something you’ve been doing, and you perceive that they have no right or justification for stopping you. So you redouble your efforts and do it even more, just to show that you don’t accept their domination. Men in particular are concerned to show that they do not accept domination.”
If by “on the run” you mean at the age of 82, he’ll be taking some well deserved time for himself, then thank you for the tribute to a great public servant.
electricshadow Premium Member over 2 years ago
The first lesson of economics: Nobody knows nothin’.
Georgette Washington Bunny over 2 years ago
And here I thought it was one of the former president’s secret service agents telling the FBI where to find what they’re looking for.
braindead Premium Member over 2 years ago
Or, it’s a Trump spokesman providing THE explanation of why Trump had all that highly classified/sensitive material and what he was planning to do with it.
KenseidenXL over 2 years ago
Economist – A prophet of Capitalism!™ with less accuracy than a TV weatherperson….
Havel over 2 years ago
Economics is predictive in nature. They use math and numbers to give themselves gravitas. People who look at the same data will often come up with different predictions. As I used to tell my students, if you laid every economist in the world end to end they’d never reach a conclusion.
rossevrymn over 2 years ago
Stanti, ask him to explain to you, our current inflation situation; you probably need a lesson there.
gammaguy over 2 years ago
That’s not merely a “mist”; it’s an econofog.
Bookworm over 2 years ago
I think it was President Truman who once remarked that you if took every economist in the nation, laid them end to end, they’d all be pointing in different directions.
christelisbetty over 2 years ago
https://www.ThisDayTrivia.com/trivia/august-23?f=Reaganomics-1984#Reaganomics-1984Reaganomics
August 23, 1984
U.S. President Ronald Reagan on Liberals: “You know, we could say they spend money like drunken sailors, but that would be unfair to drunken sailors.” However, Reagan’s economic policies raised the national debt from approximately $900 billion to over $2 trillion. His administration transformed the United States from the world’s leading creditor (as late as 1983) to the number-one debtor by 1986.
Night-Gaunt49[Bozo is Boffo] over 2 years ago
Larry Weisenthal · Huntington Beach, California
@Richard StJohn. Oh, good grief. The tax cut JFK was talking about was reducing top marginal rate from 90% to 70%. It stayed at 70% until Reagan’s voodoo economics cut it to 28% and both deficits and income inequality began to soar. The US would benefit greatly to go back to the tax structure of the Kennedy era. (Eisenhower would be better.)-——————————-
https://digitalsynopsis.com/inspiration/privileged-kids-on-a-plate-pencilsword-toby-morris
How the rich see the poor and why they just walked to the plate and hit a triple without picking up a bat while the working poor do work hard and get around slowly and never as high as the high born.
====
It’s called psychological reactance.
The psychology of anti-PC and Trump supporters
From the commentary:
“Jonathan Haidt, a professor at N.Y.U., suggested to me that one way to better understand the intensity of Trump’s appeal is by looking at something called “psychological reactance.” Haidt describes reactance as “the feeling you get when people try to stop you from doing something you’ve been doing, and you perceive that they have no right or justification for stopping you. So you redouble your efforts and do it even more, just to show that you don’t accept their domination. Men in particular are concerned to show that they do not accept domination.”
rokkinrobin531 over 2 years ago
If by “on the run” you mean at the age of 82, he’ll be taking some well deserved time for himself, then thank you for the tribute to a great public servant.