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I Could Be McCain's Econ 101 Teacher

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Uploaded by on Oct 1, 2008

Princeton student James Coan '09 teaches economics to John McCain (played by Chelsea Ayres '12, not shown).

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News & Politics

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  • Let's tax the rich to feed the poor! That's some good ol' Robin Hood style teachin'!

    But the fact is, it works! (to get votes anyway)

    Apply a ceiling to income (or anything for that matter) and rework the numbers, because ECON101 will surely teach you that ceilings (and floors) make markets inefficient.

    It is these inefficiencies that do the most damage to our economy (as seen when banks are forced to lend money to unqualified people).

  • Is this a joke? I could give a damn what kind of tax cuts I get, or from whom would put more money in my pocket.

    James Coan, you are a truly ignorant individual, and I hope your Princeton education does much good for you in the future.

    You are fighting the wrong fight, in the wrong way. Teaching economics means understanding that a free market will certainly thrive on its own, without any outside intervention.

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