"You're damn right I'm taking hydroxychloroquine."
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If the president has marginal effect on the economy, then why was just about everyone saying that the economy would crash if Trump were to be elected? Even the night of the election, there was teeth-gnashing about how the dow futures were down hundreds of points, and how this was just the beginning of what was about to happen.
Was anyone wrong with this prediction? /sarcasm
How many times have experts been wrong about Trump? -
I'd feel like I'd owe you an explanation if I was the opinion section of the NYT.
Plenty of real experts that factor the likely effect of government into their business decisions have continued to make gobs of money.
Also - wouldn't the left be naturally more prone to government-power worship relative to the right?
Also - isn't the fact that there was a widespread belief that Trump would tank the market upon election (but didn't), more evidence that people put too much stock into the power of the Presidency?
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@Rainman said in "You're damn right I'm taking hydroxychloroquine.":
If the president has marginal effect on the economy, then why was just about everyone saying that the economy would crash if Trump were to be elected? Even the night of the election, there was teeth-gnashing about how the dow futures were down hundreds of points, and how this was just the beginning of what was about to happen.
Was anyone wrong with this prediction? /sarcasm
How many times have experts been wrong about Trump?I'm certainly no expert, but when I saw him on TV about 20 years ago, I said 'That guy's a bit of a twat, isn't he?'
I haven't seen anything to make me revise this layman's opinion, except that I'd be willing to concede that I was incorrect in using the qualifier 'a bit of'.
Incidentally, this has nothing to do with politics. You may indeed revel in having your country represented by such a man, if such be your predilection. The ends justify the means, after all.
I know, I know, we should still respect the orifice.
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@Doctor-Phibes said in "You're damn right I'm taking hydroxychloroquine.":
about 20 years ago, I said 'That guy's a bit of a twat, isn't he?'
That is known as occasionally impolite.
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@Doctor-Phibes The doc always explains it with more humor than me.
I had a similar experience though. I have a close cousin who LOVED him in the Apprentice in the 2000s and aspired to be a business titan like him. Became obsessed with Wharton.
I was always on the other side explaining to him that the guy is just a shyster.
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@Copper said in "You're damn right I'm taking hydroxychloroquine.":
@Doctor-Phibes said in "You're damn right I'm taking hydroxychloroquine.":
about 20 years ago, I said 'That guy's a bit of a twat, isn't he?'
That is known as occasionally impolite.
Not where I grew up it's not. And bear in mind, 'a bit of a twat' when re-calibrated for the fact that he was appearing on an American chat-show is roughly equivalent to 'What an unbelievable wanker' in the rest of the world.
'Occasionally impolite' is somebody who burps during mealtimes and doesn't say 'excuse me'. Not somebody who boasts about banging chicks and spends hours telling us how freaking awesome he is. That's the guy that gets his head pushed down the lavatory while there's a turd still floating in the pan.
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@Doctor-Phibes
I don't disagree at all, although not quite sure of what a twat is. I thought that was a derogatory thing to say about a female. Oh well, not in my lexicon anyway.Where I disagree is where you say, "...this has nothing to do with politics." Seems to me that EVERYTHING is now under this massive tent called Politics, under the auspices of the media. Actually, the sweeping term Politics is about as definable as the term "twat."
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If the United States had begun imposing social distancing measures one week earlier than it did in March, about 36,000 fewer people would have died in the coronavirus outbreak, according to new estimates from Columbia University disease modelers. And 54,000 had it started two weeks earlier.
I wasn’t sure if I should post this here or in the “US has shitloads” thread.
So 36,000 to 54,000 lives could’ve been saved, and that is only as of May 3rd.
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@89th
"If theUnited StatesCCP hadbegun imposing social distancing measureswarned the world even one week earlier than it didin March, about 36,000 fewer people would have died in the coronavirus outbreak, according to new estimates from Columbia University disease modelers. And 54,000 had it started two weeks earlier."Not sure I was able to FIFY to make my point. Have you been able to find, or come across, the effect that would have occured if China had closed down international commercial flights when they closed down their domestic flights from Wuhan?
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@89th said in "You're damn right I'm taking hydroxychloroquine.":
If the United States had begun imposing social distancing measures one week earlier than it did in March, about 36,000 fewer people would have died in the coronavirus outbreak, according to new estimates from Columbia University disease modelers. And 54,000 had it started two weeks earlier.
I wasn’t sure if I should post this here or in the “US has shitloads” thread.
So 36,000 to 54,000 lives could’ve been saved, and that is only as of May 3rd.
If this chart was not politically biased it would tell us how many more would have died if social distancing started a week later
And 2 weeks later
And the title would include "how early action saved lives"
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Xenon, your knowledge about the economy comes from what you read. Your knowledge of presidents consists of Obama and Bush. I've watched how presidents affect the economy going all the way back to John F. Kennedy. I sat in line at gas stations. I saw the 21 plus % home loans. I saw the mortgage collapse created by the democrats. I saw the economy take off like a rocket under Reagan. I saw Bill Clinton take credit for the economic improvements created by a Republican Congress. So don't tell me about what you read in a book.
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89th, if seat belt laws had been passed prior to the first sale of cars capable of speeds over 25 mph it would have saved more lives. That has just as much truth, and is just as stupid and just as much a piece of worthless information as your chart and your argument.
Hell, lets go back even further... if someone has cut down that apple tree before Eve found it NOBODY would have died...
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89th and xenon remind me of an old joke:
Two guys are in a hot air balloon and are lost. So they decide to follow a small river. As they are floating through the air following the little river, they spot a man sitting on the bank, fishing.
One of them yells down to the man fishing "where am i?" The man fishing yells up his answer.. "you're up there!"
The continue to float through the air following the river. The guy who had yelled down to the man fishing said "I hope that accountant has a good day fishing." The other guy asks "how do you know he's an accountant?" The first guy says "by the answer he gave to my question.. it was 100% accurate, and 100% useless."
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@Larry said in "You're damn right I'm taking hydroxychloroquine.":
Xenon, your knowledge about the economy comes from what you read. Your knowledge of presidents consists of Obama and Bush. I've watched how presidents affect the economy going all the way back to John at. Kennedy. I sat in line at gas stations. I saw the 21 plus % home loans. I saw the mortgage collapse created by the democrats. I saw the economy take off like a rocket under Reagan. I saw Bill Clinton take credit for the economic improvements created by a Republican Congress. So don't tell me about what you read in a book.
That's a read of it. You can attribute those things to the President.
But let's take the Reagan example - because I'm more familiar with it.
The guy who defeated the malaise was Volcker. He started his rate raising during Carter, and the "fever" didn't break until after Reagan became President. Reagan actually put tremendous pressure on him to lower rates during his re-election bid. As I said - during emergencies, the President does come more into focus - so you're not wrong.
But that's the exception and not the rule.
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@xenon said in "You're damn right I'm taking hydroxychloroquine.":
@Larry said in "You're damn right I'm taking hydroxychloroquine.":
Xenon, your knowledge about the economy comes from what you read. Your knowledge of presidents consists of Obama and Bush. I've watched how presidents affect the economy going all the way back to John at. Kennedy. I sat in line at gas stations. I saw the 21 plus % home loans. I saw the mortgage collapse created by the democrats. I saw the economy take off like a rocket under Reagan. I saw Bill Clinton take credit for the economic improvements created by a Republican Congress. So don't tell me about what you read in a book.
That's a read of it. You can attribute those things to the President.
But let's take the Reagan example - because I'm more familiar with it.
The guy who defeated the malaise was Volcker. He started his rate raising during Carter, and the "fever" didn't break until after Reagan became President. Reagan actually put tremendous pressure on him to lower rates during his re-election bid. As I said - during emergencies, the President does come more into focus - so you're not wrong.
But that's the exception and not the rule.
Know what is wrong with your reasoning? Perception.
In a consumer driven economy, which our economy is, perception is reality. If people believe the economy is humming or is about to really take off, they have enough confidence to spend money. As the dollars turn over multiple times, the prophesy of a good economy fulfills itself.
I remember Carter well. Shucks, I met Carter. Nice man. Lousy President. Don't agree with all of his theology, but that didn't stop him from begging votes from Louisiana Baptists. But I digress...People had no confidence in Carter and the economy did not take off until the country bought into Morning in America.
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@Larry said in "You're damn right I'm taking hydroxychloroquine.":
89th and xenon remind me of an old joke:
Two guys are in a hot air balloon and are lost. So they decide to follow a small river. As they are floating through the air following the little river, they spot a man sitting on the bank, fishing.
One of them yells down to the man fishing "where am i?" The man fishing yells up his answer.. "you're up there!"
The continue to float through the air following the river. The guy who had yelled down to the man fishing said "I hope that accountant has a good day fishing." The other guy asks "how do you know he's an accountant?" The first guy says "by the answer he gave to my question.. it was 100% accurate, and 100% useless."
The second half of the joke is even better, and strangely appropriate:
The man below responded, “You must be in politics.”
“I am,” replied the balloonist, “but how did you know?”
“Well,” said the man, “you don’t know where you are or where you are going. You have risen to where you are due to a large quantity of hot air. You made a promise which you have no idea how to keep, and you expect people beneath you to solve your problems. The fact is you are in exactly the same position you were in before we met, but now, somehow, it’s my fault!”
(It's actually supposed to be management rather than politics, but let's not quibble )