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Response to captain queeg (Original post)

Wed Oct 2, 2019, 05:39 AM

2. Professor Dunning himself wrote about its centrality to Trump's campaign in 2016

The Psychological Quirk That Explains Why You Love Donald Trump

This syndrome may well be the key to the Trump voter—and perhaps even to the man himself. Trump has served up numerous illustrative examples of the effect as he continues his confident audition to be leader of the free world even as he seems to lack crucial information about the job. In a December debate he appeared ignorant of what the nuclear triad is. Elsewhere, he has mused that Japan and South Korea should develop their own nuclear weapons—casually reversing decades of U.S. foreign policy.

Many commentators have pointed to these confident missteps as products of Trump’s alleged narcissism and egotism. My take would be that it's the other way around. Not seeing the mistakes for what they are allows any potential narcissism and egotism to expand unchecked.
Trump himself also exemplifies this exact pattern, showing how the Dunning-Kruger Effect can lead to what seems an indomitable sense of certainty. All it takes is not knowing the point at which the proper application of a sensible idea turns into malpractice.
But stretching it to governmental finance strains reason beyond acceptability. And in his suggestion, Trump illustrated not knowing the horror show of consequences his seemingly modest proposal would produce. For the U.S. government, his suggestion would produce no less than an unprecedented earthquake in world finance. It would represent the de facto default of the U.S. on its debt—and the U.S. government has paid its debt in full since the time of Alexander Hamilton. The certainty and safety imbued in U.S. Treasury bonds is the bedrock upon which much of world finance rests.


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Replies to this discussion thread
Arrow 22 replies Author Time Post
captain queeg Oct 2019 OP
Girard442 Oct 2019 #1
Pacifist Patriot Oct 2019 #3
Whiskeytide Oct 2019 #11
geardaddy Oct 2019 #20
LineReply Professor Dunning himself wrote about its centrality to Trump's campaign in 2016
muriel_volestrangler Oct 2019 #2
gab13by13 Oct 2019 #4
TheBlackAdder Oct 2019 #17
Collimator Oct 2019 #19
Pacifist Patriot Oct 2019 #5
IronLionZion Oct 2019 #6
mwb970 Oct 2019 #7
MyOwnPeace Oct 2019 #8
njhoneybadger Oct 2019 #9
rickford66 Oct 2019 #10
captain queeg Oct 2019 #12
kimbutgar Oct 2019 #13
maddiemom Oct 2019 #14
SWBTATTReg Oct 2019 #16
whopis01 Oct 2019 #15
captain queeg Oct 2019 #18
tclambert Oct 2019 #21
bucolic_frolic Oct 2019 #22
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