File :-(, x, )
Anonymous
these two factors combine to go up your ass
>> Anonymous
i see the comedy central logo. what show?

btw that's exactly how i felt after taking economics.
>> Anonymous
it's from the daily show from 4/03
>> Anonymous
GENERAL EQUILIBRIUM THEORY IS ALL WRONG
>> Anonymous
>>221612
Fails something fierce. Anyone who's taken an economics course can tell you that the supply curve goes up from left to right and the demand curve does down in that same direction, not the other way around.

*nerdsnort* It's simple logic, really.
>> Anonymous
>>221706

Shut up fag, Jon Stewart owns your logic and science.
>> Anonymous
They way he described it was the two lines had no relation together. The supply is decreasing because of China, India, and other factors. The demand was increasing because of seasonal changes, etc.

Both these lines combine to go up your ass.
>> sage Anonymous
Jon Stewart is pretty over rated :\
>> Anonymous
>>221741

Because every Bush-bashing, stoned out 14 year old loves him...and that's about 95% of the idiots that come to 4chan.
>> Anonymous
>>221746
including heroin shooting, ecstacy doing fags like u guys.

pot's for libs
>> Case
>>221734

Supply is always increasing shithead. Supply = stuff made. China is a threat because they can make basic goods like shirts cheaper than the US.

Yet, the US GDP continues to rise as always (because we get out of the losing industries and move into stuff we're better at like pharmaceutical R&D) which means that OUR aggregate supply is increasing at the same time China's aggregate supply is increasing.

Fail for thinking that TV might have something truthful in it.
>> Anonymous
>>221741
It must be hard for most 4channers to deal with someone who knows what he's talking about.
>> Anonymous
Supply is not increasing because you can't make oil. The joke was about high oil prices, and how the combined factors of a decrease in natural resources and increase in worldwide competition raise prices, fucking the consumer up the ass. Genius.
>> Anonymous
>>221751

...

You know most of the stuff out of his mouth comes from the writers of the show, right?
>> Anonymous
>>221750

GDP won't increase due to a change in resource allocation. Aggregate supply only shifts due to changes in land, labor, capital, entrepreneurship and expected price level. We're not changing any of those. Therefore, the United State's short-run aggregate supply curve is staying static.
>> Anonymous
Tim Russert from Meet the Press: "Mr. Secretary, if demand is up but supply is down, why are the profits so high?"

Sam Bodman, Security of Energy: ".......For that reason."

Russert is an idiot.
>> Nugget !AFym5knWGc
Christ almighty, it isn't that difficult. Supply curves generally are slanted from bottom left to top right on graphs, but that is neither here nor there.

The lines elasticity would come into play. If the supply is perfectly inelastic (say, if you brought fish back from a boat but only brought the same number every week, no matter what demand was like) the supply curve would be perfectly vertical, and if the curve was completely elastic, the curve would be perfectly horizontal.

Now, it doesn't matter where the demand and supply curves are, but the point is usually to see where they cross, in the attempt tp find an equilibrium price, where you can charge the most and get the most profit (for instance, if you charged £10, you would only sell one monkey, but if you charged £5, your demand is much higher and you would sell 3, making three a better price to sell at).

So yeah, demand curves are usually where he put the supply curve, but in rare cases it can happen this way, not that it matters on 4chan.
>> Anonymous
WTF. Just cause I think Jon Stewart is a funny man, and unlike most of the fags doing news, he actually knows what he is talking about (thats why he is writer for the Daily Show.).

I hate when every sister-fucking redneck conservative white-trash bastard thinks he knows the whole fucking world and throws out nonsense at people.
>> Anonymous
>>221832
You're funny.
You would have voted for John Kerry if you could have, huh?
>> Anonymous
I think Jon Stewart is funny. I'm a social conservative and I usually disagree with most arguments he makes, but liberals make the best humor in my humble opinion. I wouldn't trust Stewart to give me the truth about the issues, but only a retard would.
>> Anonymous
>>221853
I think Bill O'Reilly is funny. I'm a political agnostic and I usually disagree with most arguments he makes, but conservatives make the best humor in my humble opinion. I wouldn't trust O'Reilly to give me the truth about the issues, but only a retard would.
>> Anonymous
>>221755
funny, considering he IS a writter on the show.
>> Anonymous
>>221832
WTF!
Just becasue someone is a Republican doesn't make them a fucking redneck! You sir are a fucking hipocrit. Fucking die. Also Jon is a fucking moron.
>> Anonymous
>>221865
lmao, republican bashing Jon, how fresh. He probably knows more about politics than you
>> Anonymous
>>221868
same could probably be said about you considering your last statement.
>> Anonymous
>>221750

What point in my statement did I say he was right? I was describing the scene and you make yourself look like a dumbass by overreacting.
>> Anonymous
     File :-(, x)
Internet. Serious business.
>> Anonymous
Let's not take the graph seriously, econ majors. Equilibrium studies are all plotted on price vs. quantity, which is not what the Daily Show was doing.
>> Case
>>221796

Wrong. The elasticity of either curve can only tranform the curve 90 degrees within its respective field. Demand exists within quadrants II, III & IV (NW,SW,SE) and can rotate from horizontal to vertical within that region. The upper end will never enter quadrant one. That would imply that as a good gets more expensive, people buy more and more of it, which a 8-year old knows is false.

The notecards are not economics, they're comedy. Jon Stewart and his buddies are not economists or politicians, although they seem to have convinced bleeding-heart conservative-haters that they in fact are.

If you watch The Daily Show and think that makes you an informed individual, you are wrong. Read any national newspaper's editorial page and you'll realize that real news is very different from The Daily Show "news".
>> Case
>>222026
Disregard that, I suck cocks.
>> Anonymous
or better yet, don't watch editorials either.. just watch news
>> Case
>>222030

Network TV news is not much better. See Outfoxed: Rupert Murdoch's War on Journalism

>>222028

I see what you did there...
>> SERIOUS BUSINESS Case
Uh oh, guys.

I stuck a lightbulb up my ass and now its stuck, what should I do besides stopping with the faggotry?
>> Case !huK0IhJg/M
Find a better board to post in, perhaps? Maybe /b/?
>> Midstroke
I'd move this to discussion boards if you seriously wanted to debate it.

It doesn't matter what your trying to show on TV. It's there to entertain someone. Even the News. TV Networks will always slant things the way they want them slanted. The alternative is broadcasting shows which bring in tons of revenue.

In the end, money makes the world turn, m-kay?
>> Anonymous
here's a solution... kill all politicians... yeah that will work... also.. how does i become tripfag
>> Anonymous
lol @ failing faith in humanity
>> Anonymous
>>222036
Punch yourself in the ass.