Monday, January 9, 2017

A Donald Trump Economic Update

Donald Trump told The New York Times:
All the dress shops are sold out in Washington. It’s hard to find a great dress for this inauguration.
Since  Trump seems to understand only what is in front of his face this must be some kind of economic report from him.

He has demonstrated many times over that he does not at all understand the basic concept of comparative advantage and there is no way he understands the concept of the seen and the unseen as detailed by Henry Hazlitt in Economics In One Lesson.


1 comment:

  1. Really? Fact checking hyperbole?

    Another entry in archives of Wenzel's Trump Derangement Syndrome.