Tuesday , November 5 2024
Home / Mike Norman Economics / Left-wing Response to Budget Deal

Left-wing Response to Budget Deal

Summary:
Liberal Art trained on steroids AOC (ALERT: figurative language here morons, I don't actually think she is on PEDs) chiming in on cue with more figurative language in this typical form of an analogy we often see from MMT people; seemingly trying to correct the "out of money!" reification error continuously being made by the fellow Liberal Art trained moron policymakers with this analogy: "how come when we need money for [insert non-left-wing priority program here], you never see them say blah, blah, blah..?"The employment of even more figurative language analogy like this, it appears trying to bait the other side to enter into a dialectic exchange of even more figurative language...  hasn't worked.... is not working... and will never work...You can't correct a reification error thru

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Jodi Beggs writes Economists Do It With Models 1970-01-01 00:00:00

Mike Norman writes 24 per cent annual interest on time deposits: St Petersburg Travel Notes, installment three — Gilbert Doctorow

Lars Pålsson Syll writes Daniel Waldenströms rappakalja om ojämlikheten

Merijn T. Knibbe writes ´Fryslan boppe´. An in-depth inspirational analysis of work rewarded with the 2024 Riksbank prize in economic sciences.


Liberal Art trained on steroids AOC (ALERT: figurative language here morons, I don't actually think she is on PEDs) chiming in on cue with more figurative language in this typical form of an analogy we often see from MMT people; seemingly trying to correct the "out of money!" reification error continuously being made by the fellow Liberal Art trained moron policymakers with this analogy: "how come when we need money for [insert non-left-wing priority program here], you never see them say blah, blah, blah..?"

The employment of even more figurative language analogy like this, it appears trying to bait the other side to enter into a dialectic exchange of even more figurative language...  hasn't worked.... is not working... and will never work...

You can't correct a reification error thru simply the employment of even more figurative language... you have to reverse from the figurative back towards the literal... (if you actually understand the literal..)

Make an adjustment already... OR ... continue to keep doing the same thing and expecting a different result... (TIP: its never going to happen...)

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *