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Economist gives Obama ‘F,’ Romney ‘D-minus’ for economic literacy

Economist gives Obama ‘F,’ Romney ‘D-minus’ for economic literacy

Jamie Weinstein
Senior Editor
12:28 AM 10/25/2012

Donald J. Boudreaux is on a mission to correct economic nonsense.

A professor of economics at George Mason University and a blogger at Cafe Hayek.com, Boudreaux has been writing letters to the editor of various American publications for years in an attempt to correct economic fallacies promoted in articles he read. He has compiled the best of his letters in a new book, “Hypocrites & Half-Wits: A Daily Dose of Sanity from Cafe Hayek.”

While Boudreaux says the ”typical American is quite uninformed about economics,” he doesn’t rate the current major presidential contenders much higher on that score.

Read more: http://dailycaller.com/2012/10/25/economist-gives-obama-f-ro...




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Not buying it. The guys

Not buying it.

The guys praises John Stossel as an example of economic knowledge, yet Stossel has shown to be a know-nothing so many times.

George Will also loses credibility when he said that the stimulus program would lead to more unemployment, that tax cuts pay for themsleves, etc.

I would personally rate both of them an F. But I'd also rate Stossel and George Will an F.

Plan for eliminating the national debt in 10-20 years:

Overview: http://rolexian.wordpress.com/2010/09/12/my-plan-for-reducin...

Specific cuts; defense spending: http://rolexian.wordpress.com/2011/01/03/more-detailed-look-a