Monday, September 29, 2008

Congress: Crash Course In Econ?

I FIND AN INTERESTING ADMISSION in today's Politico:
"Rep. Jane Harman (D-Calif.), said that her Democratic colleagues have come to see the decision they face in the stark terms Delahunt described.

'This has been a crash course in Econ 201, and everybody's in school,' she said. In the five-and-a-half hours leading up to the meeting, she said, she’d been in five hours of meetings in which the details of the rescue plan were discussed."
Wow. I wonder. If you know that you know very little about economics, then I wonder why you think you should try to regulate the economy?

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