5th Grade Economics

I have maintained that economics is above all else, simple.

It's common sense.

It's easy.

And if you're just willing to spend the 3 minutes or so to check something out on the internet to see if something is true or not, it becomes very apparent how pretty much all of the world's problems can be solved.

And so, now an economics lesson your average 5th grader can understand.

The Republicans have proposed $74 billion in budget cuts from the Federal Budget. They will catch hell for this and be called racist and evil and so forth.

I ask you, is this anywhere near solving the problem?