Why I Write about Economics

Via Neal Boortz (4th item - archive page will work tomorrow), there is a perfect example on why I write about economic theory and policy. The question to the man on the street was “Should Congress continue to fund National Public Radio?” (NPR, for those of you in Rio Linda.) The response from one person, that was selected and printed…

Congress should continue paying for it because if they don't, the taxpayers will end up paying for it.

I so wish that was a joke, but it's not. This person is merely indicative of a large segment of our society that does not realize that Congress has no money to spend but the taxpayer's money.

Categorized   Economics