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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (95620)4/23/2002 11:24:37 AM
From: Michael Bakunin  Read Replies (1) of 132070
 
It's also possible that the students are smarter than the test writers. Viz. the 'wrong' examples they chose:

1) 70% say no liability if credit card is stolen (wrong because of the potential $50 liability): I have had fraudulent charges to my Visa card more than once. I have never had to pay a cent. The rules are one thing, and reality is another; I think the kids win here.

2) 80% say savings bonds or accounts offer the highest growth over 18 years of saving for a child's education (wrong, it's stocks) -- perhaps 80% of the kids these days are just making a bearish market call.. -g-

3) 45% say high inflation causes most difficulty for young working couples vs older people on fixed incomes; to the extent that home prices and COLA adjustments to pensions and social security are involved, they might again have been right after all.

-mb
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