"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
78% of Congress Didn't Study Business or Economics
Submitted by Mike Powers on Thu, 2011-08-25 00:00
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Yet, they're forming economic policy. Ain't mob rule grand?
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None of them are going to do any remedial learning in business or economics. They are selling their influence to the highest bidder. It is not visible to the average Joe because the media puts a curtain around it. These people don't need to know anything about business or economics. Their sponsors--the people who buy their influence know all anybody needs to know about economics and business and politics too. Congress gets plenty of 'help' in making economic and foreign policy.
MKG