Discover and read the best of Twitter Threads about #posttruthpolitics
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#PostTruthEconomics aka Trussonomics or Trumponomics is the economics being followed by #PostTruth governments that ignore economic expertise and formal forecasting & scenario analyses in favour of evidence-free policies based on ideology or populism - a thread
In the UK, the #budget2022 is a prime example: no @OBR_UK costings with scenarios based on alternative assumptions; policy changes based on wishes & hopes, rather than evidence; facile & ad hoc justifications (trickle-down economics); bluster & mis-speaking arrogance; and lies.
One feature of #PostTruthEconomics is the co-option of non-mainstream, outlier, ideological, or dead economists to provide confident justification, at least of aspects of the policies, e.g. for #budget2022 Prof Patrick Minford @JamesVa72538332
In this video I show you how Op India used a 45 seconds clip from @ShekharGupta's Cut The Clutter Video and mischievously edited it to make a narrative that is not only false, but 180 degree opposite to what Mr Gupta said. I welcome @OpIndia_com to correct me if I am wrong.
The point where Mr. Gupta said "several prominent Bloomsbury authors and you'll see those name on screen..." there were screenshots of @DalrympleWill @harikunzru @AatishTaseer etc. In Op India's clip the screenshots are mischievously of @sanjeevsanyal @Sanjay_Dixit etc.
The entire Cut The Clutter video of Mr. Gupta was about blaming the liberal mob of bullying Bloomsbury into withdrawing the book. He completely blamed liberals. And Op India made headline that he is blaming right wing. Here is original video
