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The Wages of Economic Ignorance

Politicians portray everything good that happens as the result of their exceptional talents and efforts, while everything bad is caused by someone or something else. But, when i comes to most advanced countries' inability to achieve a sustained recovery since 2008, they have only their own economic illiteracy to blame.

LONDON – Politicians are masters at “passing the buck.” Everything good that happens reflects their exceptional talents and efforts; everything bad is caused by someone or something else.

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