As an engineer, I only took 1 Economics Class while I was in College, so I don’t claim to be an expert. However, I would expect our President to know more than I do before taking over or attempting drastic changes to huge portions of our economy.
Over the last few days I’ve been wondering how the President would do in an economics class, and I’ve written some questions to test his knowledge on some basic concepts. Though they aren’t meant to be taken seriously, I am torn between curiosity and dread at how he would really answer them. Here’s the first one I came up with.
Does anyone else have some quiz questions for President Obama?
Moe Lane
PG DeFreese
Victoria Coates
Daniel Horowitz
Dan Spencer
I have some
regent2009 (Diary) Wednesday, February 9th at 10:24PM EST (link)The Soviet Union collapsed because of?
a. Its inability to compete with American national defense.
b. the inherent weakness of freedom hating regimes
c. too little government regulation
d. Ronald Reagan’s moral courage
Free markets are?
a. efficient
b. best
c. evil
d. democratic
Printing trillions of dollars of money results in?
a. excessive inflation
b. a hidden tax
c. magical unicorns spitting rainbows, full employment, and amnesty for illegals
d. economic ruin
The New Deal?
a. allowed the Great Depression to continue for almost 12 years
b. unionized the country stagnating growth for decades.
c. saved the world
d. set freedom back for 20 years
John Maynard Keynes was?
a. an idiot
b. a pedophile
c. a genius
d. an atheist
U.S. unemployment is lower than Europe’s because?
a. the U.S. has more freedom
b. the U.S. has fewer unions
c. the U.S. elected Barack Obama
d. the U.S. still embraces Christian values
e. the 2nd amendment
I suspect that President Obama is one of those student who always answers C.
“I hope I live to see the day when, as in the early days of our country, we won’t have any public schools. The churches will have taken them over again and Christians will be running them. What a happy day that will be!,” Jerry Falwell