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+--- Thread: Trumpled (Alternative Leading) (/thread-2312.html)
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Re: Trumpled (Alternative Leading) - thrunthrublu - 02-25-2017
(02-25-2017, 09:01 AM)LP link Wrote:Depends who is in charge and what they report.
http://www.thegatewaypundit.com/2017/02/trump-cuts-us-debt-burden-by-12-billion-in-his-first-month/
Re: Trumpled (Alternative Leading) - Mav - 02-25-2017
Former economic council director derides Trump's debt tweet, HuffPost.
Wow, I never thought anyone would ever cite the Gateway Pundit as a news source. It's Trump's Pravda.
Re: Trumpled (Alternative Leading) - LP - 02-26-2017
(02-25-2017, 10:59 PM)Mav link Wrote:Former economic council director derides Trump's debt tweet, HuffPost.
Wow, I never thought anyone would ever cite the Gateway Pundit as a news source. It's Trump's Pravda.
What a difference a day makes!
Re: Trumpled (Alternative Leading) - thrunthrublu - 02-26-2017
(02-25-2017, 10:59 PM)Mav link Wrote:Former economic council director derides Trump's debt tweet, HuffPost.
Wow, I never thought anyone would ever cite the Gateway Pundit as a news source. It's Trump's Pravda.
politico? LOL.. don't get me started.
Re: Trumpled (Alternative Leading) - Mav - 02-28-2017
Wowee!!!!! Trump just caused the national debt to soar by over $16 Billion IN ONE DAY :o
Extrapolating that over the remainder of his term (assuming he isn't impeached), he will increase the National debt by $23,167,896,156,960.82. In other words, he will double the national debt!
Total debt 23/2/17: $19,913,901,120,188.15
Total debt 24/2/17: $19,930,147,891,686.72
Will Trump address this? Will he explain how he stuffed it up so badly and how he's going to fix it? Of course not. He cites statistics when they suit him but ignores those that don't.
PS: The above is tongue-in-cheek. Trump chose to tweet about a MEANINGLESS STATISTIC. That much is apparent from the memorandum of Keith Hennessy, a link to which is to be found in the Politico article to be found in my previous post. He is a former Director of the US National Economic Council under George W Bush. In other words, he was at the top of the tree in terms of delivering econometric advice to the White House. He understands data such as National Debt figures. I'd imagine that just about everyone on this site would have little knowledge in this area other than thinking "debt is bad". So, maybe his opinion should count for something.
He stated firmly that the statistic is meaningless. It fluctuates, so comparing statistics a day or month apart isn't useful. Moreover, he notes that Trump didn't cause the fluctuations, so he can't take credit for them. He also points out that Obama confronted the GFC at the start of his term and used a stimulus package to address it.
But is this the new normal of debating? Instead of addressing the merits of the opinion of Hennessey (which was accurately summarised in the headline), it's dismissed simply because it is referenced by Politico? I hope that the standards of debating will improve both on this site and in the US.
Re: Trumpled (Alternative Leading) - LP - 02-28-2017
(02-28-2017, 12:17 AM)Mav link Wrote:PS: The above is tongue-in-cheek. Trump chose to tweet about a MEANINGLESS STATISTIC. That much is apparent from the memorandum of Keith Hennessy, a link to which is to be found in the Politico article to be found in my previous post. He is a former Director of the US National Economic Council under George W Bush. In other words, he was at the top of the tree in terms of delivering econometric advice to the White House. He understands data such as National Debt figures. I'd imagine that just about everyone on this site would have little knowledge in this area other than thinking "debt is bad". So, maybe his opinion should count for something.
He stated firmly that the statistic is meaningless. It fluctuates, so comparing statistics a day or month apart isn't useful. Moreover, he notes that Trump didn't cause the fluctuations, so he can't take credit for them. He also points out that Obama confronted the GFC at the start of his term and used a stimulus package to address it.
But is this the new normal of debating? Instead of addressing the merits of the opinion of Hennessey (which was accurately summarised in the headline), it's dismissed simply because it is referenced by Politico? I hope that the standards of debating will improve both on this site and in the US.
Unfortunately MAV nobody is going to read this bit, especially the Trump boosters because they don't want to.
Everybody picks and choses what to quote and what to believe. I've had the same sorts of discussions on this forum about Australian debt, who was responsible for the improvements and who claims responsibility can be decades out of sync. I have a very good source, someone almost as high as you can get in Australian fiscal bureaucracy, that tells me political fiscal policy takes decades to impact the economy making results within one election term almost meaningless.
Trump and his like rely on the ignorance of readers to claim responsibility for short term changes and fluctuations that are meaningless relative to his recent actions.
btw; We can apply the same critical logic to the Zika reporting debate, and also to those recent fresh claims of doom about the pending impact of Ross River Fever. In both cases it is administrators and executives using the very same tactics as Trump, to extrapolate figures from short term fluctuations to garnish funding / support. That is not to say governments shouldn't act, but they shouldn't panic either, I wish they would report the facts and not the cherry picked facts.
Re: Trumpled (Alternative Leading) - Baggers - 02-28-2017
Good reads, MavMan and Spotted One. For someone who is illiterate in such matters your insights are much appreciated.
Re: Trumpled (Alternative Leading) - Mav - 02-28-2017
Here's another doozy from the world's most powerful moron:
Quote: ‘Nobody knew that health care could be so complicated’.
Errr...EVERYBODY (except Trump) knew that health care is as complicated as things can be.
Wonder if the bungled special forces operation in Yemen which saw a soldier die in a firefight led Trump to say, "Who knew that special forces operations could be deadly?"
Man, Forrest Gump and Being There have a lot to answer for in perpetuating the American myth that the lucky,naive and stupid beginner can outshine those who know what they're doing.
Re: Trumpled (Alternative Leading) - PaulP - 02-28-2017
(02-28-2017, 07:09 AM)Mav link Wrote:Here's another doozy from the world's most powerful moron:
Errr...EVERYBODY (except Trump) knew that health care is as complicated as things can be.
Wonder if the bungled special forces operation in Yemen which saw a soldier die in a firefight led Trump to say, "Who knew that special forces operations could be deadly?"
Man, Forrest Gump and Being There have a lot to answer for in perpetuating the American myth that the lucky,naive and stupid beginner can outshine those who know what they're doing.
Don't forget the Simpsons episode where Homer meets his half brother, and the half brother gets Homer to design a car for the common man, ignoring the advice of his professional staff.
Re: Trumpled (Alternative Leading) - DJC - 03-01-2017
It seems that the leader of the free world (that's Rupert Murdoch) has decided that he doesn't like the people who are running the POTUS and has turned the Wall St Journal loose on them.
Interesting times could become even more interesting :-\