Sentences with phrase «economic illiteracy»

The phrase "economic illiteracy" refers to a lack of understanding or knowledge about how the economy works. It means not knowing basic concepts like supply and demand, inflation, or the impact of government policies on the economy. It can lead to making uninformed decisions or holding incorrect beliefs about economic issues. Full definition
David Miliband, the foreign secretary, also accused David Cameron of economic illiteracy by likening the British economy to that of Greece.
With millions unemployed, and hundreds of thousands more under - employed in part - time work, growth ripped out of the public sector and fear contaminating the private sector, this government has, through economic illiteracy, conjured up the storm that is battering our country.
By Per Bylund * What is it with economic illiteracy and writing in the media?
The government just reinforced their economic illiteracy.
Faulty appeal to authority, ad hominem attacks, Statism, computer illiteracy, economic illiteracy, unbridled sensationalism hearsay etc..
(contd, too verbose)... And there's a chance that the Greens might be the best hope for that, but it'd mean injecting enough new members into them, and their policy process, to force them to dump their economic illiteracy.
Martin Wolf from the Financial Times described earlier privatisation of student loans as «economic illiteracy».
Mr Osborne was right to highlight the measure's economic illiteracy, and to focus on alternative means of clawing back revenue via tax avoidance and stamp duty increases.
Far worse than Cameron's economic illiteracy is his frivolous, potentially disastrous flirtation with xenophobic anti-Europeanism.
Economic illiteracy is one thing.
«Economic illiteracy has an astoundingly high cost.
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