McCarthy with the big 1-2 combination….
Here he leads with the good ole “borrowing from the Chinese!” Art degree moron analogy figurative language:
I literally asked the president: "What is the number? How much debt must America have before you say, 'let's stop borrowing from China?'" pic.twitter.com/nAd1wMtDOw
— Kevin McCarthy (@SpeakerMcCarthy) May 21, 2023
And then the big combo “spending money we don’t even have!” unqualified Art degree moron figure of speech:
Just got off the phone with the president while he’s out of the country.
— Kevin McCarthy (@SpeakerMcCarthy) May 21, 2023
My position has not changed. Washington cannot continue to spend money we do not have at the expense of children and grandchildren.
Tomorrow, he and I will meet in person to continue negotiations.
Devastating combination…
GOP position looking good to the many dialogic Art degree morons and the others that are completely uneducated … which is a plurality… polling supports GOP morons over Democrat morons…
Art degree morons still winning…. 🙁
Since it's all about synthesis, the solution should be obvious. Americans needs to have more Chinese grandkids. Boom problem solved.
ReplyDeleteIf you want moronic, here's Jim Rickard's take on MMT
ReplyDeleteMagic confidence fairy strikes again.
ReplyDeleteI have to be honest though, this kind of talk is very appealing before exposure to MMT. I mean until you've heard it explained step by step why it's 'state power' and not 'magic confidence fairy', who's to say they're wrong? The smarter ones may ask well how did the confidence begin, but that's hardly enough to call out the entire edifice is bullshit.
I call them crooks, but Matt prefers the softer term 'art degree'.
ReplyDelete“ Since it's all about synthesis,”
ReplyDeleteYeah you’re right I missed that Art degree synthesis here .. McCarthy synthesizes the “out of money!” Thesis withe “borrowing from our grandkids!” Thesis into the “ money we do not have at the expense of children and grandchildren.” thesis…
Good catch!
Followed by the "War with China" synthesis, where we "pay them back" - figuratively speaking.
ReplyDeleteNew economic perspectives has come to an end all their posts have vanished.
ReplyDeleteBloody treasure trove that.
Anybody know if they are being archived somewhere ?
Ah you can still get them on the way back machine
ReplyDeletehttps://web.archive.org/web/20230000000000*/https://neweconomicperspectives.org/
Phew!
I thought I heard Larry summers and Brandon were going to replace it with their blog “Old Economic Perspectives “…
ReplyDeleteMatt, who the fuck is Brandon?
ReplyDeletehttps://en.wikipedia.org/wiki/Let%27s_Go_Brandon
ReplyDeleteAlternatively, President Puddin' Pants.
ReplyDeleteI bet Wikipedia regrets the principle of having to cover everything that is notable.
ReplyDelete