Elizabeth Warren Proves She Has No Idea How the Basic Concept of ‘Supply and Demand’ Works

 

Screencap of Twitter/X video.

Massachusetts Senator Elizabeth Warren was recently mocked on CNBC for fearmongering over the economy and getting tons of stuff wrong in general.

This is what Warren does now. It is what she has done every single day since the 2024 election. she complains and fearmongers about Trump and doesn’t even seem to care if what she is saying is even remotely true.

Now she is showing the world that she has no idea how the simple concept of supply and demand works. 

Townhall reports:

Elizabeth Warren Proves Once Again That She Has No Idea How Basic Economics Works

It’s a fairly good rule of thumb that if Elizabeth Warren is against something, it’s probably a good thing that you should support. Or, at the very least, it reveals just how ignorant she is about how our supply-and-demand economy actually works.

She’s now waging a war against “dynamic pricing,” which she claims is how “giant companies … squeeze you even more.”

Yes, when people want more ice cream in the summer, the demand goes up while supply usually stays the same. So prices will go up. Same thing with tea bags in the winter.

Consumers often accept dynamic pricing. Airline tickets, for example, vary by price based on the day of the week and the season. Hotel room prices are subject to dynamic pricing, too.

See her tweet below:

People were quick to respond: 

Elizabeth Warren is doing what all of the leftists in the Democrat Party do.

She is trying pretend that every company is trying to screw you and that only she and Democrats are here to protect you from their evil ways.

JD Vance Tears Into Minnesota Governor Tim Walz for Trying to Protect a Child Predator (VIDEO)

 

Vice President JD Vance visited the Ohio steel plant where his own grandfather worked this week and used part of the visit to outline the accomplishments of the Trump administration, especially with regards to immigration and jobs.

At one point, Vance retold the story of a child predator who Minnesota Governor Tim Walz tried to rescue from deportation by giving him a pardon. Vance said that the Trump administration deported the man anyway, eliciting applause from the audience.

That story is a good reminder of just how crazy Democrats have become. 

Partial transcript via Nick Sortor:

JD Vance just TORCHED Tim Walz for pardoning a CONVICTED RAPlST from Laos in attempt to shield him from deportation

Unfortunately for Walz, his little plan didn’t work, and DHS forcibly sent the raplst back to Laos 

“Walz asked the country what good it accomplished. ‘Did that make us any safer?’ That is a DIRECT QUOTE from the Democrat GOVERNOR of Minnesota.”

“To which I’d say, as the father of four young children: 10 year olds and everybody else can breathe a little bit easier in Minnesota.

Watch the clip:

In this clip, he talks about the fact that more jobs are now going to American citizens instead of foreigners in the US, a trend that was reversed by Trump: 

During the same visit, Vance stopped at a local hangout and served beers and chili dogs to enthusiastic customers. Jesse Watters covered it on hios show tonight. Watch:

Like Trump, Vance understands retail politics. He also clearly loves people, which certainly helps.