• OccamsRazer@lemmy.world
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        5 days ago

        It’s his degree and it has nothing to do with economics. My point is that he has no formal education in economics.

        • blackbelt352@lemmy.world
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          5 days ago

          Ok and? Most lawyers dont have degrees in economics and yet congress is overwhelmingly made up of lawyers. But you’re not crying about congress being woefully lacking in economics degrees.

          • OccamsRazer@lemmy.world
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            4 days ago

            Whattabout Congress? Yes, they are also woefully lacking in economics qualifications. That’s how we are in a perpetual cycle of increasing entitlements driving inflation in the first place. But then Mamdani kicking the inflation machine into high gear while trying to control prices can only end in economic disaster.

            • blackbelt352@lemmy.world
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              4 days ago

              But for some reason youre hyperfocused on El-Sayed and Mandani and not the overall irrelevant qualifications. And clearly Mamdani’s policies are actually working, the budget is balanced. And explain to me how the fuck Mandani, a mayor of a city, has any effect on the federal reserve’s monetary printing policy.

              • OccamsRazer@lemmy.world
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                3 days ago

                Monetary policy is only one possible factor for driving inflation. High demand and cost of goods and services are other major factors, which Mamdani definitely has influence over. Also anyone can balance a budget for the short term. That’s my whole point, that these short term policies are popular, but devastating in the long term if you don’t actually know what you are doing.