Tuesday, May 04, 2010

Economics for Public Officials

It has become painfully obvious that our elected politicians as a group lack any basic understanding of economics. That is obvious, because their public statements and the laws they pass reflect that ignorance. Here is a video that every elected politician should see, or rather, study:



The demagogues of the Democratic Party like to howl about how lowering capital gains taxes favor "the rich."

No. Lowering capital gains taxes favors job creation and the economy overall.

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