Sarah Palin's Economics Lesson

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Sarah Palin gave a speech about economics on Wednesday, but it only popped into my RSS reader last night:

"Some in Washington would approach our economic woes in ways that absolutely defy Economics 101, and they fly in the face of principles, providing opportunity for industrious Americans to succeed or to fail on their own accord," she said. "Those principles it makes you wonder what the heck some in Washington are trying to accomplish here."

Wow. Whatever else might be said about Sarah Palin, I hope we can all agree that there's absolutely no reason to take her seriously as a fiscal conservative.

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Derek Thompson is a senior editor at The Atlantic, where he writes about economics, labor markets, and the entertainment business.

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