Not that Trump isn't also a whacko.
You won't see where Krugman's bullshit arguments are. He is too clever for that. The assumptions and axioms are where the deceit starts here.
He doesn't argue for those, he blurts them innocently up front in a sentence or paragraph in which his argument follows.
Longterm planning, oxymoron.
R&D, big picture, going by the board generally, and for good reasons.
You don't have to do longterm planning to fricking buy back shares of your own company's fricking stock, or longterm R & D invest to sell unprofitable businesses or buy others.
Call it Clash of Whackos!
What does Krugman mean by productive business, versus say just business, or versus nonproductive business (economist oxymoron), or how about versus wanker moron business?
What does Krugman mean by his distinction: productive business?
We have engaged in wars because they were 'good for business', or good for an election.
Is that what he means, a good for business productive war?
If American businesses have a short time horizon anyway, how does anything Trump does or doesn't do really matter, contrary to Krugman's counterfactual long term planning assertion?
American corporations do not plan much beyond 90 days now anyway. They pretend to do so. They go through the motions.
If so many inputs come from abroad, how can they plan for anything anyway longterm ever? No real vertical integration, no real control over sources of supply and materials. No real control over foreign workers or plant or equipment.
The main thing they need to plan for is to go out of business on short notice if global trade conditions turn suddenly south.
That is as far out as they can reasonably plan, a chapter 11 filing in say three months.
If your one or two suppliers are either in China or in Asia under, or subject to, China's gathering control, then you are and still remain in business merely at the pleasure, and the whim, of the Chinese Communist Party.
We have to continue this tomorrow.
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