MSNBC babe pwns her self big time

[umbrella39]

BAS Respiratory Care Curious wh some are still taking this PJabber parody account troll seriously.

 

[Genx87]

She owned herself. And it was rather amusing to watch.

 

[matt0611]

I love seeing the idiots on MSNBC getting owned. Thanks.

 

[ProfJohn]

Although she was trying to be a bit snarky with her question, it doesn't make much sense to value the opinion of an undergrad Economics / Political Science double major with a law degree over the opinion of Ben Bernanke. Bernanke also graduated from undergrad with a degree in economics summa cum laude from Harvard and then went on to get a PhD in economics from MIT with a thesis study titled: Long-Term Commitments, Dynamic Optimization, and the Business Cycle.

And despite all of that he failed to see the collapse and has failed to lead us out of the collapse.

His $600 billion QE2 program didn't do what everyone thought it would do. And now they are grasping for straws.

Economics isn't a science as much as it is an art. You take everything into account and you try to come up with a solution, some times you get it right and some times you don't.

 

[a777pilot]

Although she was trying to be a bit snarky with her question, it doesn't make much sense to value the opinion of an undergrad Economics / Political Science double major with a law degree over the opinion of Ben Bernanke. Bernanke also graduated from undergrad with a degree in economics summa cum laude from Harvard and then went on to get a PhD in economics from MIT with a thesis study titled: Long-Term Commitments, Dynamic Optimization, and the Business Cycle.

Her point in the video, before asking the poor question, was that the Fed Chairman had a viewpoint regarding the economy that was being contradicted by a person who has an undergrad degree in economics without further study into the subject. It would be hard for me to take the advice of a biology / pre-med student's opinion over that of a doctor.

Then way hasn't Mr. Bernanke been right all the time?

If experts are always right we would not have had a war in Veitnam. We would have not had all these racial problems. We would not be at war with the worlds muslims.

I don't trust experts in polictics all that much.

 

[Riparian]

And despite all of that he failed to see the collapse and has failed to lead us out of the collapse.

His $600 billion QE2 program didn't do what everyone thought it would do. And now they are grasping for straws.

Economics isn't a science as much as it is an art. You take everything into account and you try to come up with a solution, some times you get it right and some times you don't.

Even within art, those who practice more in that field and study more into that field tend to have a deeper understanding than someone who has a more introductory understanding. My posts aren't really for or against Bernanke, but I would definitely take his opinion as an authority figure on the subject of economics over the opinion of someone who has an undergrad degree in that field.

 

[Riparian]

Then way hasn't Mr. Bernanke been right all the time?

If experts are always right we would not have had a war in Veitnam. We would have not had all these racial problems. We would not be at war with the worlds muslims.

I don't trust experts in polictics all that much.

Just because people get things wrong, it does not mean that you throw all expert advice out the window. Even assuming that economics is more of an art than a science, would you comparably take the word of an undergrad psychology major's diagnosis of a person's mental well-being over someone with a PhD in psychology? In the end, you'll be hard pressed to force effects on the economy as much as soften the blow.

 

[her209]

Then way hasn't Mr. Bernanke been right all the time?

If experts are always right we would not have had a war in Veitnam. We would have not had all these racial problems. We would not be at war with the worlds muslims.

I don't trust experts in polictics all that much.

I guess we should invalidate any contributions made by Isaac Newton because he was wrong too.

 

[irishScott]

I'll admit I chuckled at this one, but yeah it doesn't really matter.

 

[trenchfoot]

n/m

 

[Zargon]

Except that the Congress Critter she asked had a double major that he completed in three years, with Highest Honors in Economic, then went on to become a lawyer. Oh, by the way, he attended college in the 70's, not the 60's.

yeah yeah yeah

I wasnt being specific, just trying to point out that have a bachelors in something doesnt make you an expert or extremely informed, especially when you got your degree in a timeframe measured in decades.

I have no doubt he knows more than I do, but that doesnt make him an expert necessairly, is all I was tring to point out.

it certainly makes him smarter than her I am sure.

 

[Lemon law]

I remember another GOP economic advisers named Laffer. Who came up with a bizarre theory that justified bad public policy that proved to be a disaster.

To some extent MSNBC girl is right, the congressman she criticized is operating way out of the mainstream of current economic thinking, but MSNBC still stuck her foot in her mouth because the guy did have a bachelors degree with a major in economics.

But still in the pecking order of expert economic expertise, a bachelors degree counts for almost nothing. Making our congressman about as credible as Laffer or President Hoover. And in a footnote in history, after a economic setback from wall street, Hoover used the same strategy our Congressman advocates, and wound up driving unemployment from 10% to 25% or more. Evidently our congressman never read any US economic history. And instead has put more faith in unproven ideology than in proven public policy.

 

[a777pilot]

Just because people get things wrong, it does not mean that you throw all expert advice out the window. Even assuming that economics is more of an art than a science, would you comparably take the word of an undergrad psychology major's diagnosis of a person's mental well-being over someone with a PhD in psychology? In the end, you'll be hard pressed to force effects on the economy as much as soften the blow.

I agree.

 

[a777pilot]

yeah yeah yeah

I wasnt being specific, just trying to point out that have a bachelors in something doesnt make you an expert or extremely informed, especially when you got your degree in a timeframe measured in decades.

I have no doubt he knows more than I do, but that doesnt make him an expert necessairly, is all I was tring to point out.

it certainly makes him smarter than her I am sure.

I agree.

 

[a777pilot]

I remember another GOP economic advisers named Laffer. Who came up with a bizarre theory that justified bad public policy that proved to be a disaster.

To some extent MSNBC girl is right, the congressman she criticized is operating way out of the mainstream of current economic thinking, but MSNBC still stuck her foot in her mouth because the guy did have a bachelors degree with a major in economics.

But still in the pecking order of expert economic expertise, a bachelors degree counts for almost nothing. Making our congressman about as credible as Laffer or President Hoover. And in a footnote in history, after a economic setback from wall street, Hoover used the same strategy our Congressman advocates, and wound up driving unemployment from 10% to 25% or more. Evidently our congressman never read any US economic history. And instead has put more faith in unproven ideology than in proven public policy.

I do not agree. That is NOT what Hoover did.

 

[DominionSeraph]

Guess the congressman didn't have a degree in English.

 

[werepossum]

And despite all of that he failed to see the collapse and has failed to lead us out of the collapse.

His $600 billion QE2 program didn't do what everyone thought it would do. And now they are grasping for straws.

Economics isn't a science as much as it is an art. You take everything into account and you try to come up with a solution, some times you get it right and some times you don't.

You could let the economists predict the climate and the climatologists predict the economy with no discernible difference.

(I have had to substitute climatologists for meteorologists because meteorologists are getting pretty darned good at predicting the weather.)