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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: altair19 who wrote (7222)1/20/2017 10:18:02 PM
From: koan  Read Replies (1) | Respond to of 363171
 
That is exactly correct. I have sold real estate for 25 years and the real estate people know nothing about economics. And fool can make money in real estate.

That is a perfect example of how the right wing makes deductions based in inferior analysis. They just say it.

They make a connection in their mind that supports their claim and it is just made up. There is no real effort to examine cause and effect.

<<

i-node

< Trump has a better grasp of economics than anyone else who was running. Because he has lived it.>

Trump operated in a very narrow field - real estate development and retail....these fields don't provide a broad macroeconomic exposure.

And, I'm sure you've seen the index analysis had he put his inherited money in an index fund he would have been much further ahead rather than be left to his own business devices. I think he has an average competency in economics.

Altair19



To: altair19 who wrote (7222)1/21/2017 1:50:36 PM
From: combjelly1 Recommendation

Recommended By
altair19

  Respond to of 363171
 
I think he has an average competency in economics.

Economics operates differently when you start out very wealthy. It certainly doesn't give you any special insight.



To: altair19 who wrote (7222)1/21/2017 1:59:22 PM
From: i-node  Read Replies (2) | Respond to of 363171
 
>> Trump operated in a very narrow field - real estate development and retail....these fields don't provide a broad macroeconomic exposure.

My dad had a 9th grade education and he understood economics better than Paul Krugman. Academia isn't the best place to learn that subject for most people.