Des Moines Register Endorsement of Romney Flunks the Which Way is Up Test on Economics

Back in the 2000 presidential campaign, then Governor George W. Bush, described his plans for education and raised the famous question "is our children learning?" Unfortunately when it comes to former children who write on economic policy issues, the answer is a resounding "no!"

The Des Moines Registrar editorial encouraging readers to vote for Governor Romney managed to get just about every major aspect of the current economic situation wrong. For beginners, it told readers that:

"consumers...