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arthur_affect's profile
Arthur Chu
Arthur Chu
Arthur Chu
Verified account
@arthur_affect

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Arthur ChuVerified account

@arthur_affect

Mad genius, comedian, actor, and freelance voiceover artist broadcasting from the distant shores of Lake Erie (he/him)

Broadview Heights, Ohio
arthur-chu.com
Joined August 2009

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    1. Arthur Chu‏Verified account @arthur_affect 25 Feb 2020

      Arthur Chu Retweeted David Wright

      Can't wait to see the discourse among the Twitter Left over whether this vague statement is a defense of Maoism or Dengismhttps://twitter.com/DavidWright_7/status/1232140197271408646 …

      Arthur Chu added,

      David Wright @DavidWright_7
      Sanders: "China is another example. China is an authoritarian country, becoming more and more authoritarian. But can anyone deny – I mean, the facts are clear, that they have taken more people out of extreme poverty than any country in history." https://twitter.com/DavidWright_7/status/1232140113515368452 …
      3 replies 3 retweets 29 likes
      Show this thread
    2. Arthur Chu‏Verified account @arthur_affect 25 Feb 2020

      I know the real issue in the real world is the basic Republicans just being mad about this statement in general but I actually really want to know if Bernie means to praise China pre-1982 or post-1982

      2 replies 1 retweet 14 likes
      Show this thread
    3. Baal Ska Tov‏ @mssilverstein 25 Feb 2020
      Replying to @arthur_affect

      In the context there, he might well be talking about Xi.

      1 reply 0 retweets 0 likes
    4. Arthur Chu‏Verified account @arthur_affect 25 Feb 2020
      Replying to @mssilverstein

      Xi hasn't lifted record numbers of people out of poverty come on

      2 replies 0 retweets 1 like
    5. Bart Crisp‏ @crispy_bart 25 Feb 2020
      Replying to @arthur_affect @mssilverstein

      Neither did Mao, so presumably Deng wins by default

      1 reply 0 retweets 0 likes
    6. Arthur Chu‏Verified account @arthur_affect 25 Feb 2020
      Replying to @crispy_bart @mssilverstein

      Mao's whole tenure as leader of the CCP is an upward arc out of the extreme poverty following the devastation of WWII, which many true believers do give him credit for, even with the unfortunate downward blips along the way

      2 replies 0 retweets 3 likes
    7. Baal Ska Tov‏ @mssilverstein 25 Feb 2020
      Replying to @arthur_affect @crispy_bart

      Yeah, there's some correlation/causation problems for any economic growth analysis that takes as t=0 the immediate aftermath of World War II. You could talk about a Dutch economic miracle, which took it from widespread famine in 1944 to enormous prosperity by 1960.

      1 reply 0 retweets 2 likes
    8. Arthur Chu‏Verified account @arthur_affect 25 Feb 2020
      Replying to @mssilverstein @crispy_bart

      This is highly controversial in econ IIRC but Keynes was big on the idea of a "production possibility frontier" (PPF) that's this quasi-objective graph of how productive your country *should* be based on population, natural resources, available technology, etc

      1 reply 0 retweets 1 like
    9. Arthur Chu‏Verified account @arthur_affect 25 Feb 2020
      Replying to @arthur_affect @mssilverstein @crispy_bart

      And an economy might be depressed below this level for extended periods of time due to false constraints (Keynes' big thing being how the money supply and deflation can do this) but when those are lifted we run back up to that frontier very quickly

      1 reply 0 retweets 1 like
    10. Arthur Chu‏Verified account @arthur_affect 25 Feb 2020
      Replying to @arthur_affect @mssilverstein @crispy_bart

      And this is very different from actually expanding the frontier itself, which requires actually inventing new things, discovering new resources, etc Like moving into unoccupied houses rather than building new ones

      1 reply 0 retweets 1 like
      Arthur Chu‏Verified account @arthur_affect 25 Feb 2020
      Replying to @arthur_affect @mssilverstein @crispy_bart

      Hence WWII "created" enormous prosperity for America after the Depression *because of the Depression*, it was just breaking a vicious feedback loop of deflation and stinginess ("The only thing we have to fear is fear itself" etc)

      5:53 AM - 25 Feb 2020
      • 1 Like
      • Baal Ska Tov
      1 reply 0 retweets 1 like
        1. New conversation
        2. Arthur Chu‏Verified account @arthur_affect 25 Feb 2020
          Replying to @arthur_affect @mssilverstein @crispy_bart

          The insane and monstrous idea some military-industrial complex guys had that if we just had regular massive world wars America's economy could grow by those leaps and bounds over and over again was completely wrong

          2 replies 0 retweets 1 like
        3. Baal Ska Tov‏ @mssilverstein 25 Feb 2020
          Replying to @arthur_affect @crispy_bart

          Yeah - and if it works, it's because there's political will to spend money on bombs that doesn't exist to build bridges. But the logic would basically mean that we could do just as well with fake bombs.

          0 replies 0 retweets 0 likes
        4. End of conversation

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