Tuesday, June 21, 2011

Jared "the king of spin" Bernstein and the Dopeler Effect: the tendency of stupid ideas to seem smarter when they come at you rapidly.



Ah yes, Jared Bernstein, the non-economist chief economist. Yes, the non-economist chief economist for Vice President Joseph Robinette "Joe" Biden, Jr.  Jared, one of the main designers of the 2009 stimulus plan [American Recovery and Reinvestment Act of 2009] also known as the spruce goose of all stimulus plans ever concocted. The one trillion dollar (with interest) social engineering plan times some multiplier of Keynesian foolishness. The stimulus plan that would never allow unemployment to exceed 8%.

In two minutes and twenty seconds of the opening of the above video Jared Bernstein manages to fire off  vilification through verbal virtuosity using such trite taking points such as: trickle down economics (a non existent economic theory), slashing spending, hurting most vulnerable people in the economy, Robin Hood in reverse, less jobs and income for the middle class, deregulation hurts finance, etc. Yes, the Dopeler Effect: the tendency of stupid ideas to seem smarter when they come at you rapidly.

Better yet, Jared even manages to refer to himself as an "economist". The Double Bass major from the Manhattan School of Music is an economist? Really? "...graduated from the Manhattan School of Music with Bachelors Degree in Fine Arts where he studied double bass with Orin O'Brien. He earned a Masters Degree in Social Work from the Hunter School of Social Work, and, from Columbia University, he received a Masters Degree in Philosophy and Ph.D. in Social Welfare". (1) Yes, Jared, quite the philosophical, musical, social worker.

Notes:

(1) Education: Bernstein attended Ridgefield High School in Ridgefield, Connecticut,[4] and graduated from the Manhattan School of Music with Bachelors Degree in Fine Arts where he studied double bass with Orin O'Brien. He earned a Masters Degree in Social Work from the Hunter School of Social Work, and, from Columbia University, he received a Masters Degree in Philosophy and Ph.D. in Social Welfare.

http://en.wikipedia.org/wiki/Jared_Bernstein#Education

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