- 10,580
- 7,874
Like.....that's not even close to how it works. We just makin' up new stuff???
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Sometimes we lose perspective because we focus so much on how to convince the other side, but I'm done with that because they can't be compromised with when it comes to the lord and emperor.
This dude literally is so unethical that he caused the Ethics Office Director to resign.
In 2013, he was appointed by President Barack Obama to a five-year term as the director of the Office of Government Ethics.
Shaub is set to take a new job as senior director of ethics at the Campaign Legal Center, a nonprofit legal advocacy group founded by Trevor Potter, who served as a Republican appointee to the Federal Election Commission
She was intimated by just how DAPPER DON LOOKED. DON'T BLAME HER.
So he got an A+ in resisting indoctrination by da libbie propaganda factories known as universities?
Thinking back to Principles.
If a we are at an equilibrium and then supply increase, then it will cause a drop in price which leads to an increase in demand.
So then the market clears at a new lower equilbrium price.
Perry's economic stupidity is from him assuming that their are no substitutes in the market for coal. There are multiple, natural gas being the biggest. So you can flood the market, as long as gas is still cheaper you won't see the uptick in demand in coal.
Create the coal, and the coal workers will come
Poor girl is just shy. da don has this running through his head:
"Damn I hate a shy *****. Don't you hate a shy *****? Yes, I ate a shy *****. And she is not shy anymore; she changed her name to my *****. Yes, comrade, that is my *****."
Nah, he don't get a partial credit on a technicalityNot to break up the slander parade, but what Perry said, if just apply basic supply-demand theory to get taught in Principles, is not wrong.
He is just missing a step/effect in between.
But the way Perry worded it leads me to believe he does know what he is really talking about.
I agree. Ain't no participation trophy hereI think you're giving him too much credit (any credit).
He just said it because he hears "supply and demand" all the time in those fancy big city papers and he thought he could sound smart too.
That's how you make it through college if you're fine with C's and D's.
Supply side economics sounds great at a basic level. The further you move into economic you realize it is not that simple, as with most thing in the field.
And on a macro level, supply side has failed routinely as a general theory on how to upstart the American economy.
Trump left without luxury hotel for G20 summit after waiting too long to book reservation: report https://t.co/0ibwavWBRV pic.twitter.com/PzFYFWNEpK
— The Hill (@thehill) July 6, 2017
Thinking back to Principles.
If a we are at an equilibrium and then supply increase, then it will cause a drop in price which leads to an increase in demand.
So then the market clears at a new lower equilbrium price.
Perry's economic stupidity is from him assuming that their are no substitutes in the market for coal. There are multiple, natural gas being the biggest. So you can flood the market, as long as gas is still cheaper you won't see the uptick in demand in coal.
Thinking back to Principles.
If a we are at an equilibrium and then supply increase, then it will cause a drop in price which leads to an increase in demand.
So then the market clears at a new lower equilbrium price.
Perry's economic stupidity is from him assuming that their are no substitutes in the market for coal. There are multiple, natural gas being the biggest. So you can flood the market, as long as gas is still cheaper you won't see the uptick in demand in coal.
I don't think it's stupidity. Perry and all the supply side gurus know their theory only works under conditions that are not available in our socioeconomic reality, but it's more convenient to stick to the lie than admit your entire career has been built on sand.
It's also a convenient lie for the people heavily invested in the fossil fuels industry, who have been caught with their pants down by progress in renewable technology and they are scrambling to salvage their industry by pretending that there is a political war on coal/oil. They complain about solar subsidies without mentioning that they benefit from government largesses. The other thing not mentioned here is how politicians in favor of fossil fuels impose punitive taxes on renewable users in order to dissuade them from adopting the tech.
Sounds like picking and choosing winners and losers to me.
Thinking back to Principles.
If a we are at an equilibrium and then supply increase, then it will cause a drop in price which leads to an increase in demand.
So then the market clears at a new lower equilbrium price.
Perry's economic stupidity is from him assuming that their are no substitutes in the market for coal. There are multiple, natural gas being the biggest. So you can flood the market, as long as gas is still cheaper you won't see the uptick in demand in coal.
I don't think it's stupidity. Perry and all the supply side gurus know their theory only works under conditions that are not available in our socioeconomic reality, but it's more convenient to stick to the lie than admit your entire career has been built on sand.
It's also a convenient lie for the people heavily invested in the fossil fuels industry, who have been caught with their pants down by progress in renewable technology and they are scrambling to salvage their industry by pretending that there is a political war on coal/oil. They complain about solar subsidies without mentioning that they benefit from government largesses. The other thing not mentioned here is how politicians in favor of fossil fuels impose punitive taxes on renewable users in order to dissuade them from adopting the tech.
Sounds like picking and choosing winners and losers to me.