Sick With No Time To Have An Idea Of My Own
From XQUZYPHYR & Overboard Online:
"The American Prospect's weblog Tapped had a great post the other day about the recent story of apparently no significance to anyone in the media- that 450 economists (10 of whom won the Nobel Prize) issued a statement condemning Bush's latest tax plan. The White House has responded with, as you'll see here, their statement entitled "250 Economists Endorse President Bush's Jobs and Growth Plan."
As Tapped pointed out, though, there's just on small problem with the numbers inflation: apparently anyone who endorses Bush's tax plan is now allowed to be called an economist. The list of 250 economists endorsing the plan include:
* Horace Brock of Strategic Economic Decisions, Inc. - holds no doctorate in economics
* Grover Norquist - head of the right-wing Americans for Tax Reform, holds no degree in economics
* Jackson Brown - member of the American Dental Association - holds no degree in economics
* Donald L. Luskin of Trend Macrolytics, LLC - never even graduated from college
* Kevin Hassett - actually is an economist, used his economic prowess to write a book concluding that the Dow Jones Industrial Average would top 36,000 by the year 2000
* Ben Stein - B-list celebrity, sounds smart and stuff
There's more that just Tapped pointed out, and I'm sure you'd find more if you scrutinized the list. But Tapped summarized it the best themselves:
Now, one needn't be a credentialed economist to have an opinion on the Bush budget. But traditionally, you don't get to call yourself an economist without that sheepskin. If the White House wants to play a credentialing game to even out the P.R. battle, it won't do to pad out their list of "economists" with assorted businessmen, investment bankers, high-rolling GOP donors, Wall Street analysts, political hacks, policy entrepeneurs and at least one resume-inflating comedian.
And I'm sure those Nobel Prize winners wouldn't object to being compared to such equal epochs of the study of economics, either. I mean, doctoral thesis... cable game show... same thing."
From XQUZYPHYR & Overboard Online:
"The American Prospect's weblog Tapped had a great post the other day about the recent story of apparently no significance to anyone in the media- that 450 economists (10 of whom won the Nobel Prize) issued a statement condemning Bush's latest tax plan. The White House has responded with, as you'll see here, their statement entitled "250 Economists Endorse President Bush's Jobs and Growth Plan."
As Tapped pointed out, though, there's just on small problem with the numbers inflation: apparently anyone who endorses Bush's tax plan is now allowed to be called an economist. The list of 250 economists endorsing the plan include:
* Horace Brock of Strategic Economic Decisions, Inc. - holds no doctorate in economics
* Grover Norquist - head of the right-wing Americans for Tax Reform, holds no degree in economics
* Jackson Brown - member of the American Dental Association - holds no degree in economics
* Donald L. Luskin of Trend Macrolytics, LLC - never even graduated from college
* Kevin Hassett - actually is an economist, used his economic prowess to write a book concluding that the Dow Jones Industrial Average would top 36,000 by the year 2000
* Ben Stein - B-list celebrity, sounds smart and stuff
There's more that just Tapped pointed out, and I'm sure you'd find more if you scrutinized the list. But Tapped summarized it the best themselves:
Now, one needn't be a credentialed economist to have an opinion on the Bush budget. But traditionally, you don't get to call yourself an economist without that sheepskin. If the White House wants to play a credentialing game to even out the P.R. battle, it won't do to pad out their list of "economists" with assorted businessmen, investment bankers, high-rolling GOP donors, Wall Street analysts, political hacks, policy entrepeneurs and at least one resume-inflating comedian.
And I'm sure those Nobel Prize winners wouldn't object to being compared to such equal epochs of the study of economics, either. I mean, doctoral thesis... cable game show... same thing."

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