Thank you for this article. My husband used to be shocked (until he got so used to it that it wasn't shocking) when he spoke to economic and business school students on universities and discovered that they believed that the government has money. He tried to explain to them that the government can take money from some and give to others,…
Thank you for this article. My husband used to be shocked (until he got so used to it that it wasn't shocking) when he spoke to economic and business school students on universities and discovered that they believed that the government has money. He tried to explain to them that the government can take money from some and give to others, or else they can print money, thereby making everyone's money worth less. These students, all with high IQs and lots of education, felt that the answer to all problems was the government giving out more money. My guess is some of these students are now adults who believe the "It's Putin's fault" or other gobbledygook. This article is so straightforward that even a college student should be able to understand it.
Thank you for this article. My husband used to be shocked (until he got so used to it that it wasn't shocking) when he spoke to economic and business school students on universities and discovered that they believed that the government has money. He tried to explain to them that the government can take money from some and give to others, or else they can print money, thereby making everyone's money worth less. These students, all with high IQs and lots of education, felt that the answer to all problems was the government giving out more money. My guess is some of these students are now adults who believe the "It's Putin's fault" or other gobbledygook. This article is so straightforward that even a college student should be able to understand it.