I
listen to call-in radio that discuss the topics of the day. It
reminds me daily that most of the public who call are ill-informed
when it comes to basic economics, especially when so much money is
spent on education.
.
No matter how much expense is undertaken in the form of tax and
tuition outlays, the public has little idea of basic economics. And
you can observe it by the way they are taken in by vote-buying
politicians.
The
populist media slant usually does little to correct the problem. (See
the Earl J. Weinreb NewsHole® comments.)
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