Rick Perry Offers a Lesson in Economics
Speaking at a coal-fired power plant in Maidsville, W.Va., on Thursday, Energy Secretary Rick Perry made a strange argument about supply and demand, seeming to confuse the relationship between two of the essential forces in the economy.
“Here's a little economics lesson: supply and demand,” Perry said, according to Taylor Kuykendall of Standard & Poor's. “You put the supply out there, and demand will follow.”
https://www.washingtonpost.com/news/...nt-go-so-well/
The party of supply-side economics now offers a new supply/demand relationship.
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