Jeremy Blachman of En Banc watched the Iowa Democratic debate today instead of having the good sense to watch the Packers–Seahawks game. I actually tried to watch a few minutes of it, but every time I switched it on I almost immediately felt like throwing something at the screen.
I’m not a huge fan of literacy tests, but I have make an exception: every candidate for public office should be required to present evidence of having taken—and passed—a course in economics at some point in their lives. Especially idiotic was one candidate’s pronouncement (I think it was Kerry’s) that free trade would be just dandy if every country was exactly the same; of course, if that were the case, you wouldn’t trade at all because nobody would have a comparative advantage.
Meanwhile, Steve Verdon examines another aspect of Democrats’ economic illiteracy—their obsession with outsourcing.