OMFG, Niall Ferguson is an Actual IDIOT

[cthulu2016]

In recent Bloomberg TV interview with Erik Schatzker and Sara Eisen, Sara asks Ferguson about the private sector job gains versus the massive public sector job losses we’ve seen under Obama.

Ferguson: Well, that’s not really a part of the argument I made in the piece. The point I made in the piece was that the stimulus had a very short-term effect, which is very clear if you look , for example, at the Federal employment numbers there’s a huge spike in early 2010 and then it falls back down.

I knew Ferguson was a liar, but he may be genuinely confused here... liars can be adept at lying to themselves. But nobody, nobody, nobody is this stupid!

Why would federal hiring have gone up sharply in 2010 and then dropped back down just as sharply? Well, gee... perhaps because of temporary census hiring, which is why all the employment stats from 2010 included ex-census numbers... and which most assuredly did not have anything to do with the stimulus.

[Fumesucker]

1. Ferguson is applying for Wingnut Welfare, a great gig if you can get it..

You get it by telling the wealthy and powerful exactly what they want to hear..

http://www.esquire.com/blogs/culture/niall-ferguson-newsweek-cover-11914269

Ferguson’s critics have simply misunderstood for whom Ferguson was writing that piece. They imagine that he is working as a professor or as a journalist, and that his standards slipped below those of academia or the media. Neither is right. Look at his speaking agent’s Web site. The fee: 50 to 75 grand per appearance. That number means that the entire economics of Ferguson’s writing career, and many other writing careers, has been permanently altered. Nonfiction writers can and do make vastly more, and more easily, than they could ever make any other way, including by writing bestselling books or being a Harvard professor. Articles and ideas are only as good as the fees you can get for talking about them. They are merely billboards for the messengers.

That number means that Ferguson doesn’t have to please his publishers; he doesn’t have to please his editors; he sure as hell doesn’t have to please scholars. He has to please corporations and high-net-worth individuals, the people who can pay 50 to 75K to hear him talk. That incredibly sloppy article was a way of communicating to them: I am one of you. I can give a great rousing talk about Obama’s failures at any event you want to have me at.

[blm]

2. Only fascists think he's an untouchable genius - he's an over-rated fascist hack

and a serial adulterer. The asshat's in love with himself.

[Odin2005]

3. He's a corporate propaganist.