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HBO's Bill Maher and Nobel Prize-winning liberal economist Joseph Stiglitz on Friday actually couldn't calculate between the two of them how much 87 times 5 is (video follows with transcribed highlights and commentary):
Maher interviewed Stiglitz on Real Time right after his opening monologue.
During their discussion Maher told his guest, "I read this week that the cost of a ticket to Disneyland has gone up to $87. It used to be $12 in 1982. Now, if they were just keeping up with inflation, it would have gone up to just $28. But it went up to $87. Which means a family of five would cost?"
Maher then leaned and pointed toward Stiglitz expecting an answer from the Nobel laureate in economics.
After some laughter from the crowd, Stiglitz said, “A lot. A lot.”
“Come on,” replied Maher. “You got a Nobel Prize, man.”
With no answer forthcoming from his guest, Maher said, “A lot, like too much.”
“Yeah,” simply said the Nobel laureate in economics.
For those unfamiliar, Stiglitz is likely the most revered economist by the Left, probably even more so than New York Times columnist Paul Krugman.
Yet he couldn't do a simple arithmetic equation in his head that most elementary school kids could without batting an eye.
And you wonder why liberals have absolutely no grasp of economics.
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— Noel Sheppard (@NoelSheppard) June 9, 2012
