• 0 Posts
  • 181 Comments
Joined 1 year ago
cake
Cake day: April 11th, 2024

help-circle



  • explodicle@sh.itjust.workstoPolitical Memes@lemmy.worldYep
    link
    fedilink
    English
    arrow-up
    6
    ·
    12 hours ago

    I’ve come to the conclusion that an absolute cornerstone of Republican economics is that all supply and demand are perfectly elastic. So any increase in costs goes 100% to the consumer’s prices. Any increase in property taxes (or UBI) go 100% to rent increases.

    They’re super confident about economics despite very obviously never having passed an econ class.