Tuesday, June 08, 2010

Daily duh! Democrats are communists

Self-identified liberals and Democrats do badly on questions of basic economics:
Who is better informed about the policy choices facing the country—liberals, conservatives or libertarians? 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.
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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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The survey also asked about party affiliation. Those responding Democratic averaged 4.59 incorrect answers. Republicans averaged 1.61 incorrect, and Libertarians 1.26 incorrect.

Adam Smith described political economy as "a branch of the science of a statesman or legislator." Governmental power joined with wrongheadedness is something terrible, but all too common. Realizing that many of our leaders and their constituents are economically unenlightened sheds light on the troubles that surround us.
Who said it — Democratic leaders or Communist Party USA?
Comrades flocked to New York City two weeks ago for the 29th national convention of the Communist Party USA. While reviewing materials from the event, we had a sudden sense of déjà vu: the feeling that we had heard these talking points before. Maybe you have as well — they’re espoused, in near identical form, by the president and his fellow Democrats. Take the quiz below, and try to determine which quotes were uttered by Democratic leadership, and which are excerpts from the communists’ recent convention.
Read it and weep. It's no wonder that Democrats are so stupid about economics. They're communists and we all know how wealthy and successful communist countries are.