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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhy the hell is an economic advisor handling infectious disease modeling--You know what, never mind.
Trump...just...Trump.....
Link to tweet
Eric Umansky?Verified account @ericuman · 2h2 hours ago
The White House is relying on a "cubic model" that predicts deaths will magically go to zero in two weeks.
It was created by a Trump econ advisor who also co-authored "Dow 36,000," which published just before the dot-com crash
8:18 AM - 5 May 2020
gademocrat7
(10,623 posts)leftieNanner
(14,998 posts)Plumber??
This is nuts. But then everything about this "administration" is nuts. And that's being kind.
Cirque du So-What
(25,812 posts)I had the misfortune of sitting through two undergrad Economics courses - macro & microeconomics - taught by a bitter prof who was a colleague and worshipper of Robert Laffer (trickle-down infamy). Her humorless brand of teaching allowed no room for dissent and soured me on economic theory as a so-called 'science.'
Solly Mack
(90,740 posts)So, they went from outside the box thinking to inside the cubic thinking.
Do they know that means they're still in a box?
Snort.
Kushner
Just having a little fun. I didn't want to cry.
Me.
(35,454 posts)PCIntern
(25,347 posts)the entire interview, even when talking about dead people. Made me ill.
Boomerproud
(7,889 posts)I kept going back and IT wouldn't shut up. Can't wait to be in front of his adoring crowd in Az.
SoonerPride
(12,286 posts)Hav
(5,969 posts)Last edited Tue May 5, 2020, 12:08 PM - Edit history (1)
how they could come up with these numbers:
Link to tweet
Even if this guess is wrong, they must have used a very bad model and were stupid enough to believe it.
I'm looking forward to the negative deaths when all those who died will come back.
Look, Im an engineer. I encounter people every.damn.day that cannot do math.
But these people shouldnt have even tried. The incompetence is mind blowing.
MineralMan
(146,192 posts)is that your hopes will soon be dashed onto the sidewalk from a high place.
Trump's hopes are about to be widely splattered.
judeling
(1,086 posts)It is just another way to model behavior.
Indeed economic data can be a valuable tool. If for example you see an increased demand for orange juice and aspirin in an area I'd get the medical team there fast.