Holy Crap! What happened to the state of economic education in this country?

Question

Right in the old crapper!!! Darn, I did it again. I gotta quit doing that.

Answer 1

I have my BA in Economics. You are right, we need to start teaching basic economic principles in high school.

Answer 2

I could go into great detail on how the "nonprofit" foundations took over our educational system years ago and have controlled what we are taught ever since. Their point of view is a totally globalist one and they don't want anyone to know how our monetary system really works!
A brief review; The gov needs money so they create a bond and pass it on to the Federal reserve who then sit down and do a keyboard entry creating the money requested out of thin air and put into an account for the government. From now on this borrowed money will demand interest payments through the federal reserves collection arm the IRS. These 2 entities are both foreign owned corporations and all of our income tax money goes into their coffers in the world bank and IMF. Meanwhile the bond that was put in the Fed is now used for reserve for creating even more money out of thin air. We have a fractional reserve system that allows them to create 10 times the amount of the bond for distribution to the rest of the member banks around the country. These banks use this money for their reserves and split it out 10 times again! More money out of thin air complete with interest that they collect on it! These corrupt banks are so in control they actually transfer this bookkeeping entry number back to the gov to have them print currency at no cost for them to collect interest on!

Answer 3

Economics has never been a popular nor an easily grasped science, and politicians delight in misrepresnting its findings to thier own ends. Even if you have a firm grounding in its principles, it's easy to be decieved or misled.

Answer 4

Just like leading a horse to water, all the education means nothing if those in power do not follow sound economic principles.

Answer 5

NCLB. The focus on testing has meant that schools only focus on reading and writing. We have students who've made it to ninth grade without ever having a social studies class. They can't place NY on a map let alone tell you about simple economic theory.

Answer 6

Too much diversity being taught. No time left for economics.

Answer 7

a person who has greatly oversimplified views of how the oil market works is asking this?

this is one of those questions that's accidentally ironic...

Answer 8

if everyone who voted passed economics, we'd only have republicans ever get elected.