Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
7 key signs that Donald Trump knows nothing about economics: His vaunted expertise...
Seven key signs that Donald Trump knows nothing about economics: His vaunted expertise, like most of what he says, is BSFrom "zero GDP" to "42 percent unemployment," Trump's economic claims suggest profound and dangerous ignorance
PAUL ROSENBERG
Donald Trump lies or talks loosely all the time about virtually everything, for a wide range of reasons. Sometimes, though, he might not be lying at least not to us. He might only be lying to himself. Or he might actually be utterly clueless. We might expect this on any number of subjects, but theres one thing Trump is really supposed to know something about: money i.e., economics. After all, hes a billionaire, right? Well, at least he says he is.
So when the Wall Street Journal editorial board asked him during the GOP primary race whose advice he took on economics, Trump said he didnt need any. Honestly, I feel that I have such a vast feeling for it that I really you know, Milton Friedman was good but I dont really listen to anybody, he told them. Makes sense. Economists knowledge of facts would only cramp his style. But his utter disregard for them could ultimately be his undoing, especially with voters who mistakenly believe he knows things about the economy that can and will restore their dreams.
On some issues, Trumps limited knowledge has justifiably scared people nuclear weapons, for example. Last August, Think Progress published a list of 9 terrifying things Donald Trump has publicly said about nuclear weapons, which betrayed his ignorance across a wide range of basic nuclear issues. But his equally ignorant bluster on economics hasnt been noticed as much even though it could also prove catastrophically destructive. Here are seven striking examples that should make his ignorance clear to all.
Trump claimed the GDP was below zero.
Last quarter, it was just announced our gross domestic product a sign of strength, right? But not for us. It was below zero. Whoever heard of this? Its never below zero.
Donald Trump, presidential announcement speech, June 16, 2015
more
http://www.salon.com/2017/02/20/seven-key-signs-that-donald-trump-knows-nothing-about-economics-his-vaunted-expertise-like-most-of-what-he-says-is-bs/
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
4 replies, 2199 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (10)
ReplyReply to this post
4 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
7 key signs that Donald Trump knows nothing about economics: His vaunted expertise... (Original Post)
DonViejo
Feb 2017
OP
LonePirate
(13,431 posts)1. The author should have omitted the words "about economics" in the title.
45 knows absolutely nothing regardless of the topic being discussed. He makes W seem knowledgeable and wonky by comparison.
DetlefK
(16,423 posts)2. A german author coined a nice metaphor for exactly this kind of situation:
"the wafer-thin ice of half-knowledge"
It looks like a frozen lake, but don't you dare actually step on it.
dalton99a
(81,570 posts)3. He literally doesn't know shit.
BeckyDem
(8,361 posts)4. His aim is to plunder and his cabinet reflects his ambition. It is a mistake to refer to him as
stupid since what he intends to do does not require the type of knowledge the OP is referring to. He'll keep lying about anything so he can deregulate any and everything. That is what he means when he says drain the swamp, get rid of every protection we have.