It seems that there are no tea-baggers who ever took Econ 101. The fact that there are a lot of angry, old, white men who did not take Econ 101 should not surprise us. But I have always found it disconcerting that there were so many people in European government who were ignorant of economic history.The failure of austerity should not surprise anyone who studied history . . . actual history, not FuxNews history.
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