Rick Perry Confused The Meaning of Supply and Demand at Coal Factory

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Overview of this Controversy


Date Originated: July of 2017
Categories: Rick Perry & Donald Trump
Energy Secretary Rick Perry seemed to not understand the law of supply and demand during a visit to a coal plant near Morgantown, West Virginia. Perry began by saying " here's a little economics lesson: supply and demand. You put the supply out there and the demand will follow.” The problem with that statement is that is not how the law of supply and demand works.
Source: http://www.rawstory.com/2017/07/must-have-taken-econ-at-trump-u-internet-roasts-rick-perr...
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