Just remember: As Energy Secretary, this guy is in charge of the nuclear weapons. Cenk Uygur and Ana Kasparian, the hosts of The Young Turks, tell you how dumb Rick Perry is. Tell us what you think in the comment section below. https://tytnetwork.com/join/
“On Thursday, US Secretary of Energy Rick Perry flubbed one of the most fundamental lessons of modern economics.
“Here’s a little economics lesson: supply and demand. You put the supply out there, and the demand will follow,” he said at a coal plant, according to Taylor Kuykendall, an energy reporter at S&P Global Market Intelligence.
Contemporary mainstream economists generally agree that the reverse is true: demand is the driver.
However, Perry is not the first to propose this unorthodox line of thinking. And this brings us to Say’s Law.”
Hosts: Cenk Uygur, Ana Kasparian
Cast: Cenk Uygur, Ana Kasparian
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)