Congressional – FAIL economics

In a previous post I noted that members of Congress usually don't understand economics at a level to even pass a Principles Econ 201 or 202 course. ¬†More proof from Pat Garafalo of Think Progress. ¬†Apparently Rep. Shadegg of Arizona, a Republican representative for at least 5 years doesn't understand that consumer spending is essential … Continue reading Congressional – FAIL economics