Tag: Alison Lundergan Grimes

Contributor Post Created with Sketch. Flat-Earth Economics

 

flat-earthAny politician who said the Earth is flat would get booed — and probably laughed — off the podium. Everyone in the audience would know the Earth is round, and would realize that any politician who doesn’t grasp this basic fact of how our universe works is too stupid to entrust with their future.

But what would happen if a politician said something about how our economy works that is equally wrongheaded? Would he get booed and laughed off the podium? Or would he get a standing ovation? Obviously, it would depend on whether the audience understands how our economy actually works, and would realize what they’d just heard was nonsense.

Last week, while campaigning in Kentucky for Senate candidate Alison Lundergan Grimes, Bill Clinton said: