Both Presidential Candidates Fail Econ 101

This week we saw the first presidential debate between Democratic nominee Hillary Clinton and Republican nominee Donald Trump. Despite knowing better, I watched the whole thing. For over 90 minutes I watched as the two candidates went back and forth, offering generic, unclear policy prescriptions, took jabs at one another, and offered unnecessary personal anecdotes in an attempt to make themselves relatable to a broader audience. It’s the type of political show that I frankly despise.
But the worst part of the debate for me was listening to the candidates propose patently backward economic policies. The sad truth is that any

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