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AOC: ““It’s a physical impossibility to lift yourself up by a bootstrap, “

Summary:
This is where you end up if you are Liberal Art trained to only think in figurative language...  textbook reification error 101.. she LITERALLY thinks people are expected to pick themselves up by pulling on their bootstraps...This is like the MMT people saying "does the football game run out of points for the scoreboard?".. its the cognitive equivalent ... doesnt work...So she is manifestly not qualified to work in this area and will then just go to "myth!" or some "neo-liberal conspiracy!" theory.... she has NOWHERE else to go... NO... WHERE...Comments are brutal here are a few: AOC: "if someone shot the sheriff, why wouldn't they also try to shoot the deputy? like why not go all the way?"  “My friend said they made a killing in the stock market, so I called the police to report

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This is where you end up if you are Liberal Art trained to only think in figurative language...  textbook reification error 101.. she LITERALLY thinks people are expected to pick themselves up by pulling on their bootstraps...

This is like the MMT people saying "does the football game run out of points for the scoreboard?".. its the cognitive equivalent ... doesnt work...

So she is manifestly not qualified to work in this area and will then just go to "myth!" or some "neo-liberal conspiracy!" theory.... she has NOWHERE else to go... NO... WHERE...

Comments are brutal here are a few:

AOC: "if someone shot the sheriff, why wouldn't they also try to shoot the deputy? like why not go all the way?" 
“My friend said they made a killing in the stock market, so I called the police to report them.” 
"It's literally impossible for EVERYBODY to be kungfu fighting."
Brutal!  But just as ignorant of the cognitive issue being displayed....

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.

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