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View Diary: Right-Wing Propaganda Masquerades as a High School Economics Curriculum (160 comments)

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  •  If they're teaching economics (4+ / 0-)
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    Swoof, misslegalbeagle, sfbob, bluemeanies

    in terms of the federal government, they need to be teaching the basics of macroeconomics.  One of the biggest problems we have in this country is that most people assume that budgeting and spending for a sovereign country with its own currency works the same way as a household or even a business or state government, all of which are forced to balance their budgets.

    If they're teaching "basic" economics, they are probably addressing the microeconomics of budgets that must be balanced, in which case they shouldn't be referring to the economics of the federal government's budget at all unless they're willing to delve into how much different it is.

    "In this world of sin and sorrow there is always something to be thankful for; as for me, I rejoice that I am not a Republican." - H. L. Mencken

    by SueDe on Thu Dec 06, 2012 at 08:53:55 PM PST

    [ Parent ]

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