Originally posted on Atypical Guy:
Politics, at least in the United States, seems to be an industry that’s based on emotional, irrational thinking. Often, the method of fear, uncertainty, and doubt (FUD) is employed to confuse those voters who think with their “stomachs” rather than their heads. Most Americans seem to have no problem with the trillions of dollars spent on attacking Iraq, but they are outraged by paying an extra dollar or two per gallon of gasoline. We live in a nation where hysteria over a manufactured threat – terrorism – has given government free reign to curtail liberties. We ask for no evidence related to the effectiveness of unbridled spending on war and “Homeland Security”.
Economics will be an important part of our next Presidential election. One of the main arguments against the Democratic party seems to be that it will raise taxes and increase spending. But is there any statistical information to…
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