Posted on 09/14/2016 2:30:41 PM PDT by Sir Napsalot
Nobel Prize-winning economist Joseph Stiglitz says a Donald Trump presidency would be a "nightmare", but that it is unlikely to happen. He also speaks about the reasons Trump has so much support: "If you look at the numbers, roughly the bottom 90% have had stagnant income over the past quarter of a century. and we've been trying to understand why has that been. And it is, I think partly because we haven't paid attention to the issue."
"Fortunately, I'm not having too many sleepless nights, because I think the probability of [a Trump presidency] happening is not very large," he said. "I think it would be extraordinarily difficult with our relations with other countries -- our economic relations and our foreign policy relationships. Building that wall between Mexico and the U.S. is building a wall between the U.S and Latin America. It has done more damage already than one could imagine. For our economy, I think the uncertainty of this political leader who clearly has no deep understanding of economics other than how to go bankrupt. And we could only hope he won't bankrupt the country."
(Excerpt) Read more at realclearpolitics.com ...
Nobel Prize-winning and the guy has no problem with the current Deficit-in-Chief.
bankrupt the country? He’d have to go some to beat obama.
EEXXCCUUSSEE MEEEEE! We are 20 trillion in debt and this guy is worried that Trump will bankrupt the country???? Has he been living under a rock or what??
Hey Stiglitz! We’re already bankrupt!
They’re giving Nobel Prizes to rank idiots.
The Liberal moron hatched under a rock and crawled out like all Liberals.
The guy is just a partisan hack that uses his goofy medal from a failing nation to give his trollish comment some faux sheen of having “merit”.
$20 TRILLION DEBT isn't already "bankrupt"?
This dope and Krugman both get Nobel prizes for economics. Seems the committee might have some biases, hmmm?
Wow. That would be awful to bankrupt the country. Actually, if the country goes into bankruptcy, can it write off the $20 trillion and start over? It may be a good idea to officially declare bankruptcy.
You guys both beat me to it. No one can beat Obama in wrecking a country on every level as he has. Debt is only one small component of the destruction he has wreaked against this country. Some paid liberal idiot who would rather have another socialist running the country has to open his mouth and say something so stupid you wonder which reality he’s living in.
I thought Brexit was gonna be horrible also.
Ah, Joseph Stiglitz, what would be your take on Baraq Insane’s financial policies????
I absolutely knew that the Nobel prizes were political when 1. Jimmy Carter received the 2002 Peace Prize for brokering the nuclear non-proliferation treaty with N Korea....and 2 weeks later N Korea announced their nuclear capabilities and 2. When Al Gore received the Peace Prize over Irena Sendler. They are only political hacks in support of the Global One World. Nothing more.
BWAHAHAHA
Now that’s just plain funny
His opinion is WORTHLESS!
Stiglitz is a moron - and IQ deficient poltroon.
An idiot through and through...and when he opens his mouth, he proves it.
And he says all this with no sense of irony. He talks like a high school student, and not one that’s all that bright.
Even more so - today a Nobel Prize is pretty much a guarantee that you are both an idiot and a fool.
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