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Wednesday, August 14, 2019

PUTIN : WHO HAS BENEFITED FROM GLOBALIZATION? FT EXCERPT

To quote Thomas L Friedman: Just because Putin believes it doesn't mean it isn't true.


".....China, in particular, has made use of globalization to pull millions of Chinese out of poverty....the middle class in the United States has not benefited from globalization...it was left out when this pie was divided up...The Trump team sensed this very keenly and clearly and they used this in the election campaign...It is where you should look for reasons behind Trump's victory...rather than in any alleged foreign interference.....I believe this may explain his seemingly extravagant economic decisions...He believes that the distribution of benefits and resources of globalization in the past decade was unfair to the United States...Maybe this can explain his unusual behaviour....."VP

(FT claims that paradoxically VP is defending globalization against DT. That does not seem to me to be exactly what VP is doing here. In fact, Putin implied that globalization had benefited China the most, just as China had once complained, in 1971, to Nixon, that globalization had benefited Japan the most, against both the US and China, which, at that time, it had.)

"...FT: Are you putting too many eggs in the China basket?"

"...there are not that many places where these eggs can be placed..." VP



Sunday, July 21, 2019

JUST BECAUSE TRUMP GOT A NEW SPEECH WRITER DOES NOT MEAN HE WAS WRONG

James Grant. CNBC roundtable chat.........

Grant, unfortunately, has fallen, along with many others, into Alice in Wonderland Fallacy Land. 

One wants to avoid a Kinsley Gaffe, and heaven forbid, sidestep a Morton's Fork: 


Saturday, July 13, 2019


THE PUNDIT PUNDIT FALLACY AND KINSLEY GAFFE

This fallacy is committed whenever one pundit incorporates the always fallacious argument of another pundit into his own fallacious argument.

It is what one might call a fallacy on a fallacy.

See also below the post on the Kinsley Gaffe, discussed by NYT pundits, in the context of fallacies..........

One difficulty is that the average person fails to realize that the incorporated argument is fallacious. 

The incorporating argument has its own, other, fallacy, as well.

What one ends up with is a regular Pig's Breakfast of Pundit Sophistry.

Here are two recent examples:

Sunday, June 23, 2019


KRUGMAN TRUMPIFYING THE FED SOME ARGUMENTS TRUE EVEN IF TRUMP MAKES THEM

Krugman is being caught in a prior Thomas L Friedman Trump gaffe:  

Some things are true even if Trump says them, a false argument (All economists' arguments are false in one or more ways, to some extent or another, or in general.)

Trump is the worst possible person to be making this argument, but that doesn't mean that the argument is wrong. PK

Wednesday, April 4, 2018


SOME THINGS TRUE EVEN IF TRUMP SAYS THEM


We are not in a trade war with China, that war was lost many years ago by the foolish, or incompetent, people who represented the U.S. Now we have a Trade Deficit of $500 Billion a year, with Intellectual Property Theft of another $300 Billion. We cannot let this continue! DT



Wednesday, April 4, 2018

WHY HAVE THE LIBERALS HAD SUCH A HARD TIME SEEING WHAT EVEN TRUMP CAN SEE?



Saturday, July 28, 2018




Wednesday, March 14, 2018

re THOMAS FRIEDMAN SOME THINGS ARE TRUE EVEN IF TRUMP BELIEVES THEM


Friedman clings to his philosophy here, even while he lists an exhausting list of experts who all say we have long been getting screwed by China.
Friedman still believes in free and open trade. He believes in big time trade with China. Nixon opened the door. Clinton normalized trade relations leading to the boom that never stops. 

WTO bemoaned now by Friedman and his experts. 

What a ridiculous long term fiasco.
He believes also that the world is flat.
Some things are false even if Trump doesn't believe them either.


RE NYT LIBERACE TRUMP COHEN TAPES THOMAS FRIEDMAN TRUTH OR DARE

'Some things are true, even if Trump believes them.' TLF

Some things are false, even if Trump lies about them being false. 

Almost all reported things Trump says or fails to say, true or false, are irrelevant.  Boomerbuste


Thursday, April 26, 2018

RE DK CURRENT POST LEONHARDT KINSLEY GAFFE PUNDIT GAFFE

"It used to be, there was truth and there was falsehood. Now there is spin and there are gaffes. Spin is often thought to be synonymous with falsehood or lying, but more accurately it is indifference to the truth. A politician engaged in spin is saying what he or she wishes were true, and sometimes, by coincidence, it is. Meanwhile, a gaffe, is when a politician tells the truth — or more precisely, when he or she accidentally reveals something truthful about what is going on in his or her head. A gaffe is what happens when the spin breaks down." Kinsley Gaffe.

The Boomerbuster Butt is related to the Pundit Confession. Both are hard to ever recover from. Leonhardt has already committed the Pundit Confession, as I have pointed out here. 

Brooks, for example, a sort of greased pig at the county fair, never committed so elementary a blunder, as far as I know, but then I read him only intermittently.

By far the most common American politician faux pas is simply to make an utterly untrue statement, but one made not out of indifference to the truth at all, as described in the Kinsley Gaffe, but rather an even more elementary failing, a statement made not knowing what the truth would be if it bit the politician in the butt... 

The politician, himself, not merely his statement, then becomes a Boomerbuster Butt. It is worse than a Kinsley Gaffe, from which the politician himself perhaps, with therapy, can recover.



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