Economics 101 teaches that supply and demand describes market relations between prospective sellers and buyers of goods and services. The supply-and-demand model determines price and quantity sold in a market. This model is fundamental in microeconomic analysis and is used as a foundation for other economic models and theories. It predicts that in a competive market, price will function to equalize the quantity demanded by consumers and the quantity supplied by producers, resulting in an economic equilibrium of price and quantity. The model incorporates other factors changing equilibrium as a shift of demand and/or supply.
Barack Obama energy’s plan, which emphasizes conservation over new supplies and sources, would be [like] repealing half the law of supply and demand—the supply half. That’s a new and somewhat radical form of economics. The law of supply and demand has lasted a long time, and Obamanomics is a good word for just repealing half of it. And here’s the scary part: It might not end at energy policy. He may, if elected president, be able to create more new rules of economics.
Sixty-five percent of Democrats think that Obama says “what he means most of the time.”
The scuttlebutt (an old Navy saying) in Washington is that if he is elected, Barack will reward Hillary Clinton for her support with a Supreme Court nomination—[perhaps upon] the retirement of Ruth Bader Ginsburg. An aide to Obama says, “It would have a more lasting impact than being president.”
Obama wants to appeal to white guilt … (my words). You appeal to white guilt not by coming on as black-is-beautiful, black-is-powerful. Basically, he’s coming on as someone who is not going to threaten the white power structure. Whites just eat it up.
— Fuller Moore