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June 9, 2010

Liberal-Progressive Econ Fail

Posted by The MaryHunter at June 9, 2010 8:15 AM

We already knew that Democrat politicians have no sense of real-world economic forces and no appreciation for the lessons learned about the economic stimulus and jobs gained through tax cuts during the Kennedy, Reagan, and Bush II years. What's clearer now is how deep this ignorance about economics goes among those on the left.

Zogby researchers Zeljka Buturovic and Daniel Klein surveyed 4,835 American adults and their answers to eight questions about basic economics. They focused on the wrong answers and subdivided respondents according to their self-described political leanings: progressive/very liberal; liberal; moderate; conservative; very conservative; and libertarian. Their testing scheme allowed for "not sure" as a right answer, since the respondent was recognizing that a question might be part right and part wrong.

The results for these eight questions will only astound those pompous leftist elitists who assume they are always right. Read the article for the nitty-gritty details about each question. In summary:

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.
Americans in the first three categories do reasonably well. But the left has trouble squaring economic thinking with their political psychology, morals and aesthetics.

Nuff said. We have the nation's economic nimrods to thank for electing us a president who has absolutely no experience at doing anything except looking for ass to kick, and who has a socialistic economic weltanschauung that borrows from just about every bad idea in the European model -- which is crumbling before our very eyes.

Image courtesy of

On an A-plus tip from Patriot Tim.