The stupid economy

When Bill Clinton ran for president, James Carville, Clinton’s lead strategist said, “it’s the economy, stupid” and that phrase caught on. I’m not an economist, but it’s clear to me that the use of “stupid” in this phrase could have many meanings, intended or otherwise. More importantly, I used “It’s the economy, stupid” as a title for a post already, so I had to mix it up a bit for this one. But more and more, I think there’s a lot of stupid when it comes to the economy, or at least how people talk about the economy.

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