Self-identified liberals and Democrats do badly on questions of basic economics.

WSJ    "Adam Smith described political economy as "a branch of the science of a statesman or legislator." Governmental power joined with wrongheadedness is something terrible, but all too common. Realizing that many of our leaders and their constituents are economically unenlightened sheds light on the troubles that surround us." DANIEL B. KLEIN. Mr. Klein is a professor of economics at George Mason University.

Does Studying Economics Make You More Republican?   " “In sum,” the study said, “those taking more economics classes favored less regulation or government intervention affecting prices for specific goods and services, including wages and salaries.” "

Andy Stern, A Member of Obama’s Fiscal Responsibility Commission, Says ‘Worshipping the Market’ Has Failed America  "The organization’s board includes President Eli Pariser of Moveon.org and Hilary Shelton, director of the NAACP Washington Bureau. Sponsors and partners for this year’s “America’s Future Now” conference include the National Education Foundation (NEA) and the AFL-CIO. [Nancy Pelosi] is scheduled to speak at the conference on Tuesday and Rep. Alan Grayson [D-Wack-job] on Wednesday.  See how this relates to the above articles?

THE COUNTRY'S IN THE VERY BEST OF HANDS   Lyrics. Johnny Mercer; from "Li'l Abner", 1956
Watch it here.