Most Lawmakers Don’t Have Economic Education
As Congress works on one of the most important pieces of economic legislation in a generation, a Washington research group has pointed out that more than 8 in 10 members of Congress don't have a formal educational background in the business, economics, or finance fields.
"It's interesting that those who are responsible for solving the biggest economic crisis in generations don't have the educational background to know the difference between commercial paper and copy machine paper."
PCE Measure of Shelter Slows Slightly to 5.8% YoY in March
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Here is a graph of the year-over-year change in shelter from the CPI report
and housing from the PCE report this morning, both through March 2024.
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4 hours ago
1 comment:
I'm going to guess that 8 in 10 congressmen don't have formal background in the fields of medicine or ethics, and yet they are asked to vote on abortion and euthanasia.
This is the nature of our government, like it or lump it.
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