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If you haven’t heard, President Trump is a graduate of the Wharton School at the University of Pennsylvania. He regularly brags about his education because Wharton is famous for its graduate programs in economics. What he doesn’t mention is that he was not a graduate student at Wharton, but a lowly undergrad at Penn, which, in fairness, is a prestigious school. But we don’t need this key detail to recognize that he’s a few credits short of an advanced understanding of economics.

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