Hillary failed Econ101

[b4uqzme]

She just said this in her speech in Columbus Ohio. Stating that she, as President, will create more jobs. It's simple really. She will raise wages (not just the minimum wage...how will she do that?). She said: "Higher wages will lead to increased demand will lead to more jobs at those higher wages." WTF? So I broke out my handy-dandy supply and demand graph to test what she just said.

• Where the price of wages is on the vertical axis
• and the quantity of jobs is on the horizontal axis
• S = the supply of labor = people who want jobs at any given wage price
• D = the demand for labor = jobs available at any given wage price
• what happens to the quantity of jobs if you increase the wage price?

Answer: there is a huge shortfall between the number of people who want those higher paying jobs but the actual quantity of jobs DECREASES (from Q1 to Q2).

[b4uqzme]

^^^ so how can she lead our Economy when her base understanding of economics is a failure?

[JohnR]

Easy explanation. All the diseases and jihadists they're bringing in will cause a mass die-off of Americans. The supply of labor will plummet. New immigrants on government handouts will keep demand for goods higher than the labor supply. Race riots will adjust the numbers as needed.

[items]

She plans on putting Slick Willie in charge of the economy

[knkali]

G-d help us ...its gonna be a rough ride kids.

[marshal kane]

She really doesn't care about the economy or us, she has foreign contributors who has made her and Bill rich. POTUS is just for the fame, glory, and to stoke her ego. Too bad the sheep aren't onto her.

[downtownv]

She plans on putting Slick Willie in charge of the economy

She changed that, in exchange for Zippy's endorsement, keeping her out of Jail and his puppet control over her....

[JohnR]

She really doesn't care about the economy or us, she has foreign contributors who has made her and Bill rich. POTUS is just for the fame, glory, and to stoke her ego. Too bad the sheep aren't onto her.

Speaking of sheep, where's Jocko been lately?

[knkali]

Easy explanation. All the diseases and jihadists they're bringing in will cause a mass die-off of Americans. The supply of labor will plummet. New immigrants on government handouts will keep demand for goods higher than the labor supply. Race riots will adjust the numbers as needed.

Funny in a sick sort of way

[GROTMAN]

She really doesn't care about the economy or us, she has foreign contributors who has made her and Bill rich. POTUS is just for the fame, glory, and to stoke her ego. Too bad the sheep aren't onto her.

[DanTana]

Hitlery is good at two things, lying and money laundering that's the extent of her economics knowledge.

[Bills1873]

Speaking of sheep, where's Jocko been lately?

I've been wondering the same!

[Armybrat]

She also failed Logic 101...