I brushed off the "DEI hire" stuff as typical rhetoric but this is the first time I feel that it may be justified. My brain went to, "well, we all make mistakes in academia and grow up in the industry" at first. Then I realized these papers are from 11 years ago, and she's no spring chicken.
I don't know, I have a pretty pale view of politicians in general. Probably 90% of them? Hackernews treating me like I'm a MAGA #1 fan because I judged someone disliked by the right is a good reminder to stay out of political discussions online
The whole DEI/incompetence accusation is pretty rich if you look at the people Trump has appointed? From Twitter influencers to Fox News hosts - it's the most unqualified cabinet in American history.
The tribal, hyper aggressive rhetoric makes it hard to have a good faith conversation sadly. You "slam dunked" me bro, you win! Go team left wing! I'm in shambles
Those allegations (the academic ones. The mortgage fraud case looks thin at best) look very damning and credible. Yet literally none are even mentioned on her wikipedia page, or any "reliable source", despite being trivial to independently verify. Odd.
The two supposedly equivalent economic strategies you're referring to sound like things an honest person could believe have different consequences - i.e. you would have to take a bad-faith interpretation to force a "hypocrite" label.
I brushed off the "DEI hire" stuff as typical rhetoric but this is the first time I feel that it may be justified. My brain went to, "well, we all make mistakes in academia and grow up in the industry" at first. Then I realized these papers are from 11 years ago, and she's no spring chicken.
Posted in the wrong place, I'm guessing?
It's funny, because people don't level the same accusations against white people, or can't, by definition.
Any use of 'DEI hire' is racist, because it assumes incompetence by default for one group but not for another.
Yeah, you're right. I won't level that accusation, but I will rephrase to say "I did not believe the accusations of incompetence and now I do"
Who else is incompetent based on this metric?
I don't know, I have a pretty pale view of politicians in general. Probably 90% of them? Hackernews treating me like I'm a MAGA #1 fan because I judged someone disliked by the right is a good reminder to stay out of political discussions online
The whole DEI/incompetence accusation is pretty rich if you look at the people Trump has appointed? From Twitter influencers to Fox News hosts - it's the most unqualified cabinet in American history.
Bravo. I can see now that I was correct in every respect.
The tribal, hyper aggressive rhetoric makes it hard to have a good faith conversation sadly. You "slam dunked" me bro, you win! Go team left wing! I'm in shambles
> I won't level that accusation, but I will rephrase to say "I did not believe the accusations of incompetence and now I do"
Under that criteria perhaps Trump should (also) fire Hegseth, Patel, etc.
> But even the Court specifically carved out protections for Fed governors, saying that they can only be removed “for cause.”
And soon we will find out if this was a warning or a recommendation.
"Trump says that she committed mortgage fraud.."
That's rich...
Fraud recognizes fraud?
Fraud removing fraud from office because of fraud might ought to think twice...
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> I don't know if Trump can fire her. But obviously everyone who cares for officials being competent, would hope that he can.
No, not at all. As Krugman concludes, it's much, much more important that we are still a nation of laws.
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Those allegations (the academic ones. The mortgage fraud case looks thin at best) look very damning and credible. Yet literally none are even mentioned on her wikipedia page, or any "reliable source", despite being trivial to independently verify. Odd.
I can easily imagine how that would play out on the "Talk" page of the Wikipedia article.
Are we firing everyone that is incompetent now, or just the ones that are claimed to be "DEI hires" ?
This is not "everyone".
I'd hope we'd fire anyone incompetent that's in a position to control the interest rate.
But starting with the minorities?
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The two supposedly equivalent economic strategies you're referring to sound like things an honest person could believe have different consequences - i.e. you would have to take a bad-faith interpretation to force a "hypocrite" label.
Honest people might also recognize the malign incentives baked into the process of centrally planning interest rates for an economy.
https://www.google.com/search?q=cantillon+effect
https://www.google.com/search?q=economic+calculation+problem