Fri 3 Mar 2017
Keystone pipeline exempt from “Buy American”.
Didn’t THE SPEECH have an applause line set-up for the assurance of “Buy American”?
At least his tie was better …
UPDATE from DDF: Dan Drezner ’90 tells a story about buying American:
Economists are just now beginning to appreciate the power of narrative in explaining how people believe the economy actually works. These narratives are not always the truth, and certainly not always the whole truth. But a compelling narrative can profoundly influence how people think the economy functions. Robert Shiller, the new president of the American Economics Association, pointed this out in his recent presidential address: “President-elect Donald J. Trump is a master of narratives.”
So sit right back and let me tell you a story about one of the hidden costs of Donald Trump’s economic motto: Buy American and Hire American.
Read the whole thing. My main takeaway is that there is a lot of fat to be cut from the US budget!
About the above addition to my post by Dave:
Constant Readers of Ephblog know that my posts are rarely done for intellectual discussion and/or an in-depth look at a stance or belief. They are done simply as head turners, as head-turners about the particular issue.
This is the case on “Steel Yourself”. I am pointing out the chicanery of the speech itself with its set-up applause lines.
I must add that while I have no problem with Dave’s reference to Drezner’s article, I have trouble from an editing point-of-view with adding an extension to a post obviously done for brevity. His addition is what “comments” are for.
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