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Seeing Krugman call out Trump specifically while starting the graph half way through the Biden Administration... gave me sort of a Climate Change vibe. Sure th
by HocusLocus 1y ago
Seeing Krugman call out Trump specifically while starting the graph half way through the Biden Administration... gave me sort of a Climate Change vibe. Sure they are in 'lockstep' as presented recently, but is this a new normal or outlier? What is he 'hiding' to imply these are lockstep values?
I chose a start date half way through the last Obama Administration (2014) and scaled to 100 relative to values on that date. I didn't match Krugman's relative scales but plotted it again ( https://fred.stlouisfed.org/graph/?g=1JqXv https://fred.stlouisfed.org/graph/?g=1JqXv ) ... you can see the trends in the graph across two Trump presidencies a bit of Obama and all of Biden and it paints a different overall picture. A lot of wild variance is hidden.
- benmmurphy 1y agoDid Krugman post the FT graph verbatim or did he post a different graph? He mentions in the article that the FT graph looked cherry picked. > Actually, the chart was a bit too neat: When I set out to reproduce it, I found that the FT chose a time period during which the relationship looked especially clear.
- aredox 1y ago>gave me sort of a Climate Change vibe. You mean the thing that was right from the beginning, that is happening right now and that is even worse than the forecast?
- Izkata 1y agoYou should go back and read the climate change commentary from the 90s, which had costal cities already underwater due to melting polar ice caps. It's nowhere near as bad as most people were told it would be.
- aredox 1y agoWhen was that ever the scientific consensus? I was there in the 90s, thank you, I am old enough for that. The real affirmation is that "Coastal cities underwater" is a "risk" for roughly a dozen of them by "the end of this century". You are strawmaning it.