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talkpolitics"According to a Zogby International survey that I write about in the May issue of Econ Journal Watch, the answer is unequivocal: The left flunks Econ 101.
Zogby researcher Zeljka Buturovic and I considered the 4,835 respondents' (all American adults) answers to eight survey questions about basic economics. We also asked the respondents about their political leanings: progressive/very liberal; liberal; moderate; conservative; very conservative; and libertarian.
In this case, percentage of conservatives answering incorrectly was 22.3%, very conservatives 17.6% and libertarians 15.7%. But the percentage of progressive/very liberals answering incorrectly was 67.6% and liberals 60.1%. The pattern was not an anomaly.
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."
http://online.wsj.com/article/SB10001424052748703561604575282190930932412.html?mod=WSJ_Opinion_LEADTop
Just goes to show that the further Left you are....the less you know about Economics.....and that Leftist fantasies about economics are just that: Fantasies....Notice how most of the people with Left-wing views have worthless degrees in the Humanities....whereas people who major in Business or Finance and then go out into the real world trend conservative......When will they learn? Socialism FAILS and thats why Obama is leading us down the Road to Serfdom....
But then again for those us in the Reality-Based Community ie. Conservatives and Libertarians,this is what we've been telling you all along......
The Free Market....AW HELL YEAH!!!..Eat it, Lefties!!!
Zogby researcher Zeljka Buturovic and I considered the 4,835 respondents' (all American adults) answers to eight survey questions about basic economics. We also asked the respondents about their political leanings: progressive/very liberal; liberal; moderate; conservative; very conservative; and libertarian.
In this case, percentage of conservatives answering incorrectly was 22.3%, very conservatives 17.6% and libertarians 15.7%. But the percentage of progressive/very liberals answering incorrectly was 67.6% and liberals 60.1%. The pattern was not an anomaly.
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."
http://online.wsj.com/article/SB10001424052748703561604575282190930932412.html?mod=WSJ_Opinion_LEADTop
Just goes to show that the further Left you are....the less you know about Economics.....and that Leftist fantasies about economics are just that: Fantasies....Notice how most of the people with Left-wing views have worthless degrees in the Humanities....whereas people who major in Business or Finance and then go out into the real world trend conservative......When will they learn? Socialism FAILS and thats why Obama is leading us down the Road to Serfdom....
But then again for those us in the Reality-Based Community ie. Conservatives and Libertarians,this is what we've been telling you all along......
The Free Market....AW HELL YEAH!!!..Eat it, Lefties!!!
