Americans’ exposure to economics is limited to a 15-week course in school, focused on US-centric, outdated free-market principles. The curriculum neglects behavioral economics, socialism vs communism, global trade, and… tariffs. Fewer than 10% of Americans visit 10 or more countries, restricting exposure to alternative economic systems.
Self-education while struggling through the state-regulated, “privatize the gains, socialize the losses”, zero-sum game? The distraction economy (gaming, social media…) beats any remaining capacity and desire for knowledge, even when the resources online are free.
Unsurprisingly, such voters lack a sufficient understanding of economic models and complexities of today’s interdependent world. 🤷🏻♂️
I was off by just 4 years when posting in 2019 about Trump being re-elected.
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