"Women are weakies. I can give knight odds to any woman in the world."
-- Bobby Fischer

On the economy

OK, so. In the United States we’re fighting about how to deal with the economy, including spending, health care, and all that kind of thing.

If you look at me, I’m considered pretty well educated, reasonably knowledgeable on current events and, unbelievably, a relatively smart guy (if I’m above average, how awful must average be?) But it’s obvious (to me) I don’t have the education or knowledge to have an opinion that’s worth anything. I doubt half of Congress has done sufficient research either, along with 80% of the people that are so sure they know which direction the country should go.

And among the people that know enough to have a decent opinion, they have different points of view because there are reasonable arguments to be made supporting their conflicting opinions.

Economics is not like engineering or (certain) mathematics. We can’t develop precise models and there will always be uncertainty.

I’ve just had it up to here with “liberals are fascist pinko commies” and “conservatives hate the poor and the black”.

August 11th, 2010 4 comments
Posted by Donnie Filed under Burning Agony, Patently Ineffective