Thursday, December 8, 2011
David Walker Invents Reverse IQ Test
Former US Beancounter-in-Chief David Walker was out today in the media rolling out a new "Fiscal IQ" test for the public and policymakers. Related OpEd from Walker at Politico here.
It looks like this IQ test works in reverse to most normal IQ tests, in that with Walker's test here, the higher score you get, the less intelligent you are.
Here is a link to the online test. (Where do these people get the funds to do this stuff?)
Interesting excerpt from his Question 9 here: "Health care is the one thing that could literally bankrupt America." This does not square with his own assertion to Mike from months ago that "there is no solvency issue" with regards to the US government finances.
TIP: Go back to counting your beans David, and leave macro policy recommendations to those who know how a Free Floating Non-convertable currency system operates.