madbaker: (demons of stupidity)
[personal profile] madbaker


Alameda county Representative Pete Stark says "The more debt we owe, the wealthier we are". I've grown somewhat blase about politicians being ignorant morons, but these are the people who claim to be in charge of the economy? (He's on the Ways and Means Committee, which deals with taxation.)

Sorry, Pete. I apparently don't have the right to criticize your incomprehension, as I only have a bachelor's degree in Economics. (Oh, wait - your bachelor's is in engineering.)

Date: 2009-09-04 06:30 pm (UTC)
From: [identity profile] aastg.livejournal.com
Don't know which of them is more annoying. The interviewer doesn't formulate a clear question, interrupts and badgers Stark; Stark plays into it, gets mad and thus completely fails to make a coherent answer, if he has one.

What, exactly, was the point of this exercise?

True, although

Date: 2009-09-04 07:36 pm (UTC)
From: [identity profile] madbaker.livejournal.com
I thought the interviewer trying to pin Stark down on how he sees economics was quite clear. As was Stark's complete lack of knowledge.

Date: 2009-09-04 08:54 pm (UTC)
From: [identity profile] albionwood.livejournal.com
You mean debt doesn't create wealth? Huh.

Date: 2009-09-04 09:37 pm (UTC)
From: [identity profile] goldenstag.livejournal.com
Gad. Even I know better than that, and I don't have that much interest in economics. What a maroon.
From: [identity profile] helblonde.livejournal.com
I'm appalled. Not surprised, mind. But definitely appalled.

Profile

madbaker: (Default)
madbaker

February 2026

S M T W T F S
1234567
8 91011121314
15 1617 18192021
22 232425262728

Most Popular Tags

Style Credit

Expand Cut Tags

No cut tags
Page generated Feb. 26th, 2026 03:16 am
Powered by Dreamwidth Studios