Published On Dec 25, 2019
CNBC just released a video titled “How the U.S. avoided a recession for a decade”. And it's a case study of an appeal to authority.
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Original video: • How The U.S. Avoided A Recession For ...
Argument from authority, also known as appeal to authority, is when someone’s authority is used as evidence of their claims on its own. It’s a deeply unscientific conduct.
CNBC will try to show you how the U.S. has went through its longest economic expansion in history. And they won’t do it by proposing or explaining an academically scrutinized economic theory. They will do this by letting corporate officials and politicians make their talking points.
Sources:
Check my sources in my previous video on the Federal Reserve and economic recession • The Fed's Money "Printing" Explained
Home ownership rates https://tradingeconomics.com/united-s...
Employment-population ratio https://fred.stlouisfed.org/series/EM...
The cost of Medicare for all https://www.bloomberg.com/news/articl...
Moody's penalty https://www.theguardian.com/business/...
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The footage and images featured in the video were for critical analysis, commentary and parody, which are protected under the Fair Use laws of the United States Copyright act of 1976.