The View From 1776
Tuesday, May 17, 2011
Another example of liberal-progressive-socialist superficiality: Obama’s shutting down drilling for oil, in the long run, has more to do with its price than does hedging in the forward markets.
Read the New York Sun’s editorial.
It’s hardly surprising that liberal-progressives are ignorant about economics and business, but it’s sad that liberal-progressive politicians can count on the public’s ignorance to get away with outrageous misstatements. Our educational system is clearly deficient in serious academics. That seems to be the goal of teachers’ unions.