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Author: MadCapitalist Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 749415  
Subject: Unbelievable Part II - It gets worse. Date: 11/17/2012 9:43 AM
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I had missed this one, also from METAR. This is classic. It got a ton of Rec's too, which shows you what we are up against.

http://boards.fool.com/this-shows-a-profound-ignorance-of-sc...

This shows a profound ignorance of science.

Ummmmm...I'm an undissertated doctor in physics. My name is on several papers in astrophysics. I know a damned sight more about it than you do.



Unfortunately for Mr. Physicist, I'm not intimidated by self-proclaimed experts who insist that they know more than me (especially without knowing me). I am confident in my ability to reason. So what does Mr. Physicist go on to say?


When are all other things ever equal? They're not. Your idea is to hold everything equal and move the one slider (taxes). That's ludicrous when you're talking an economy or a society.

And the data (real world results) shows you are wrong. The economy was healthier under Clinton (higher taxes) than Bush. It was also healthier back when the top marginal tax rate was over 70%. Tax cuts get pocketed. The stimulus, if any, is like a sugar rush that wears off quickly.

You're simply wrong.



Isn't that hilarious? He is supposedly a physicist, but this is the worst scientific reasoning possible. Anyone who understands anything about science knows that you can't isolate the effect of varying one variable (in this case taxes) while varying other variables at the same time (an essentially infinite number of things that can affect economic growth). His anecdotes prove absolutely nothing, and this is what is supposed to pass for scientific proof that I'm wrong about the connection between taxes and growth!

If our scientists can't even do simple reasoning, then we are in big trouble.
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Author: arrete Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 655667 of 749415
Subject: Re: Unbelievable Part II - It gets worse. Date: 11/17/2012 11:22 AM
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I'm an undissertated doctor in physics.

I've never heard anyone use this phrase. It does make me wonder. The usual phrase is ABD - "all but dissertation". There is even a degree awarded by some schools - MPhil, standing for Masters of Philosophy.

arrete - "undissertated in economics"

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Author: MadCapitalist Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 655670 of 749415
Subject: Re: Unbelievable Part II - It gets worse. Date: 11/17/2012 11:35 AM
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I'm an undissertated doctor in physics.

I've never heard anyone use this phrase. It does make me wonder. The usual phrase is ABD - "all but dissertation". There is even a degree awarded by some schools - MPhil, standing for Masters of Philosophy.

arrete - "undissertated in economics"


I thought it was odd too, but I let it go. Whether he is "dissertated" or not makes no difference. He could have a Nobel Prize in Economics, and it wouldn't change the fact that his reasoning still leaves a lot to be desired.

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Author: Dwdonhoff Big gold star, 5000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 655786 of 749415
Subject: Re: Unbelievable Part II - It gets worse. Date: 11/17/2012 11:59 PM
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When are all other things ever equal? They're not. Your idea is to hold everything equal and move the one slider (taxes). That's ludicrous when you're talking an economy or a society.

I saw this too, and immediately knew this was just another basement-dwelling wannabe pulling an argument out of his arse.

I saw the recs... and I knew he was likely pulling in the doppels (who are especially excited for any opportunity to dogpile on, regardless of logical lunacy, against you MadCap.)

I figured you'd shrugged them off, respecting & aware that the rest of us logical reasoning thinkers would see it for the crap it is.

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Author: TheDope1 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 655805 of 749415
Subject: Re: Unbelievable Part II - It gets worse. Date: 11/18/2012 11:23 AM
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It also seems like wherever Mr. Undocumented Doctor went to they didn't teach him about correlation without causation. Because that's the only way you could arrive at the conclusion that Clinton's tax rates caused an economic boom by themselves.

Makes it even more ironic that he typed that pile of crap on a PC...which is what caused the US productivity boom in the 90's.

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