Liberals are Dumber than 5th Graders on Economics

Discussion in 'Economy' started by GHook93, Jun 16, 2010.

  1. GHook93
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    GHook93 Aristotle

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    Proof is in the pudding!


    Consider one of the economic propositions in the December 2008 poll: "Restrictions on housing development make housing less affordable." People were asked if they: 1) strongly agree; 2) somewhat agree; 3) somewhat disagree; 4) strongly disagree; 5) are not sure.

    Basic economics acknowledges that whatever redeeming features a restriction may have, it increases the cost of production and exchange, making goods and services less affordable. There may be exceptions to the general case, but they would be atypical


    How did the six ideological groups do overall? Here they are, best to worst, with an average number of incorrect responses from 0 to 8: Very conservative, 1.30; Libertarian, 1.38; Conservative, 1.67; Moderate, 3.67; Liberal, 4.69; Progressive/very liberal, 5.26.
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  2. Oddball
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    Oddball BANNED Supporting Member

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    Last week's news/argument.

    Y'all have fun!
     
  3. Neubarth
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    Neubarth At the Ballpark July 30th

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    I have never known Liberals to know anything about Economics. The only thing Liberals know is "How to SPEND FOOLISHLY ad infinitum."
     
  4. Shogun
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    Shogun Free: Mudholes Stomped

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    It sure is funny that WSJ lovers would insist that no one else understands econ... while their pet economic system has been treating American commerce like a colostomy bag over the last 25 years.

    :rofl:


    I guess, if it takes some silly fucking strawman poll to make you feel better about the failures of your economic opinions....
     

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