Secretary of Energy Rick Perry has an economics lesson for all of you motherf*ckers about the concept of supply and demand — and, yes, it’s just as stupid as you’re expecting.
On Thursday, Perry attempted to explain this core economic concept but managed to somehow surpass his previously demonstrated levels of “what-the-f*ck” level idiocy.
“Here’s a little economics lesson: supply and demand. You put the supply out there, and the demand will follow,” he said during a visit to a coal plant in West Virginia.
“The market will decide which of these — they’re going to pick and choose,” Perry continued. “I mean, that’s really pretty simple. All too often, you have in the last eight years, you have an administration that was over here putting its thumb on the economic scale as well as the technology scale because they said this is where we want to go.”
This, of course, is completely wrong. If Perry were correct, there would be a high demand for, well, coal.
Naturally, the people are amused:
I'm no economist but I'm pretty sure that this ain't how supply and demand works friend… https://t.co/HbPOxv9CPN
— AltEPA (@ActualEPAFacts) July 7, 2017
Nice to know Soviet economic theory is thriving somewhere. Now just order everyone to use that coal and the command economy will take off! https://t.co/iHlFHzR1JB
— Garry Kasparov (@Kasparov63) July 6, 2017
So weird then that no one will buy all these boxer shorts for dogs I made. I guess I'll just keep kitting them.
— Doug Gerr (@DoogerDoug) July 6, 2017
That's what I said at the opening of my buggy whip factory. Put out supply and demand will follow. Right, Secretary Perry?
— DanaBlankenhorn (@danablankenhorn) July 6, 2017
Rick Perry is not just dumb, he's another level of stupid. An off the charts f*cking moron, the Einstein of idiocy — the creme de la dim.
— Bill Madden (@activist360) July 6, 2017
Rick Perry is as dumb as he looks.
— Matt Murphy (@MattMurph24) July 6, 2017
Rick Perry speaking at AOL Headquarters: "You put the AOL Online CD-ROMs out there and the demand for dial-up will follow.”
— Marie Connor (@thistallawkgirl) July 6, 2017
It's OK guys, it's not like he's in charge of our nuclear arsenal!
— Judd Legum (@JuddLegum) July 6, 2017
Who knew that the Rick Perry School for Kids Who Can't Read Good and Want to Do Other Stuff Good Too has such a weak economics department?
— Ian Millhiser (@imillhiser) July 6, 2017
Dear Rick Perry: If you put lots of 35mm film out there, will demand follow? NO. That's not how capitalism works. Stop lying to coal workers https://t.co/eGALzBuYgg
— Ted Lieu (@tedlieu) July 6, 2017
I've been hoarding VHS tapes. I'm planning on a big windfall soon. Putting them and my 8tracks on craigslist
— Mizsuzebanthony (@mizsuzebanthony) July 6, 2017
Is there a single person associated with the Trump administration who isn’t a complete moron? Just one? Please?
Watch it here:
Featured image via screengrab