Energy Secretary Rick Perry’s attempts to discuss basic economic theory on Thursday ended up with him being mocked on Twitter.
“Here’s a little economics lesson: supply and demand. You put the supply out there and the demand will follow,” Perry said while visiting West Virginia.
After that, the zingers began flying on social media.
Rick Perry appears to have obtained his economics knowledge from Field of Dreams https://t.co/hYIfWh4O2V
— Daniel Dale (@ddale8) July 6, 2017
“Rick Perry appears to have obtained his economics knowledge from Field of Dreams,” tweeted Daniel Dale of the Toronto Star.
“Rick Perry got a D in a college class called ‘Meats.’ Thank you that is all,” tweeted Baffler Magazine.
It’s OK guys, it’s not like he’s in charge of our nuclear arsenal!
Oh wait: https://t.co/fR1pbLzb1C https://t.co/GzuP1bBSmE
— Judd Legum (@JuddLegum) July 6, 2017
“It’s OK guys, it’s not like he’s in charge of our nuclear arsenal! Oh wait,” tweeted Judd Legum, founder of the liberal Think Progress.
Bill Kristol, the Weekly Standard’s editor at large, tried to make lemonade from lemons by asserting real economic theory into the stream of trolls.
“Wow. Rick Perry cites Say’s Law…,” Kristol tweeted.
Wow. Rick Perry cites Say’s Law… https://t.co/k2M5tZGPIC
— Bill Kristol (@BillKristol) July 6, 2017
Say’s Law, also known as the Law of Markets, is a classical economic theory introduced in the early 19th century by French economist Jean-Baptise Say. It states that aggregate production creates an equal amount of aggregate demand.
In the end, the mocking of a public official prevailed, with most of the tweets resembling one by Ian Millhiser, justice editor at Think Progress, who wrote: “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?”
