Econ 101

[chuck]

1) Mandatory licensing of professional services increases the prices of those services.
2) Overall, the standard of living is higher today than it was 30 years ago.
3) Rent control leads to housing shortages.
4) A company with the largest market share is a monopoly.
5) Third World workers working for American companies overseas are being exploited,
6) Free trade leads to unemployment.
7) Minimum wage laws raise unemployment.
8)Restrictions on housing development make housing less affordable.

Thank you for taking the time to find support for the survey issues. The assumption that the interpretation of the statements was correct was never discussed in any detail.

Personally, I don't think it's a case of one political viewpoint vs another. I think it's more a case of those in political power vs those who aren't.

Exploiting misunderstanding the dynamics of economy may be a way of getting and/or keeping political power, but I don't see the where the ascension to power would change their understanding of basics, just the need to recognize them.

...it is something BOTH sides of the issue are guilty of.

That may be true if you are talking about political parties but not so much if you are talking about ideological sides.

When I read the original post, I threw out the entire "liberal" base argument, because the Republicans were just as guilty of the same thing when they were in power.

I don't buy that Republicans are "just" as guilty, but they are by no means immune. That is why many jumped ship to vote for Perot... and we got Clinton.