electorate

(PNS reporting from WALL STREET) The spectacle of enthusiastic GOP voters choosing one pinche pendejo or the other in the Florida primaries sent the widely-watched RIF index lower Tuesday, as investors acted on fears that ignorance was the new black.

The Reading Is Fundamental index tracks firms like academic textbook publishers, for-profit educators and sliderule manufacturers.

The RIF index, which reached its highest level (3,141,592) immediately after the election of then Sen. Barack Obama (D-IL) in November 2008, sunk to a new low of √-1 in after-hours trading.

Mas…GOP primary votes drive ‘knowledge industry’ shares lower