Unexpectedly........
The debate is over. They had ‘consensus’ ...................
Wow - mother Gaia and her fantastic global-warming weather making machine have supreme power of man
It is literally responsible for EVERYTHING!
This is the problem with economists. They have to stick with their models, or else they cannot claim to be objective. So when obvious factors that are outside their models come into play, they willfully ignore them. And THOSE are the ones with INTEGRITY! (I’m commenting on the necessities of the so-called science, not the character or intelligence of the economists!)
If a nuclear war destroyed the entire nation, knocking us back to the stone age, economists would release their reports — in pencil, sent by horseback carrier, if they had to — without forecasting any decline in industrial production.
This is no mere academic problem! The federal reserve failed to respond to war in the Persian Gulf in 1990, the terrorist attacks in 2001, or the oil shocks of 2006. As a result, interest rates inverted, and widespread bank failures abounded, destroying the economy. The models simply said, “Oh, look: inflation! Time to raise the interest rates!” even as the long-term bond rates were collapsing as investors clamored for shelter.
jan. 6th math is wrong on his map.
how is anything else reliable ?
Get used to surprise and unexpected results during the Trump administration that are BETTER than expected.
So much WINNING!!!