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Saturday, January 26, 2019

Brad DeLong, conspiracy theorist? Who knew?

My read is that (1) Putin has something on Trump that Trump regards as either highly embarrassing or fatal (although what it could be is at this stage hard to imagine: what could embarrass Trump? what could lead McDonnell and company to stop defending Trump?); (2) Putin has said that he will keep quiet as long as Trump is "agreeable"; (3) Putin has left it up to Trump to define what "agreeable" is; (4) Trump is neither sophisticated nor wise as he attempts to do Putin's bidding….
What news does he head anyway not to know that the US and Russia are preparing for a nuclear showdown as the doomsday clock advances? Has he missed that the neocons are back in charge of foreign policy?

Grasping Reality
My read is...
Brad DeLong | Professor of Economics, UCAL Berkeley

Or is he channeling Pelosi?

Buzzfeed
Nancy Pelosi Asked On Twitter What Putin Might Have On Trump
Amber Jamieson

Oh, wait. Brad rescues himself — although it has taken Paul Krugman and him inordinately long to figure this out. But the rest of the conventional economists haven't yet. More porof of the value of reading the history of economics, especially the greats like Smith, Marx, Veblen, Keynes, and Polanyi — and understanding MMT? Most of the MMT novices got this out of the box as we watched it happening. See Bill Mitchell, Myths about China, Tuesday, October 18, 2011.

As Karl Marx wrote in the middle of the nineteenth century: Imbalances in pre-capitalist economies do not produce aggre...

6 comments:

  1. Brad Delong gets stupider for each day. Why can’t he just disappear...

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  2. Do you think we should give him a link to this site?

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  3. I think the question should be what do the Neocons have on Trump that they use to blackmail him into prolonging these endless wars and to threaten Russia. Or maybe Trump was always nothing but a stealth Neocon. Or maybe Trump is just spineless.

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  4. Or is he [DeLong] channeling Pelosi?

    Maybe, but the puppet master who usually pulls DeLong's strings is John Podesta.

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  5. It's best not to leave a link then, if he is in with the corporate Dems.

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  6. Every president is a puppet. The last one who wasn't? JFK

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