Posted on 08/15/2024 2:39:46 PM PDT by Starman417
“The goal of Socialism is Communism.”
- Valdimir Lenin
All we had to do was sit back and wait.
Kamala Harris's a first quasi-solid policy proposal was plagiarized directly from Donald Trump. It was Trump's proposal to end taxes on tips. Then Harris decided that she thought of it.
Now we have her first real policy and it's everything you'd expect from her. She needed a villain - it's the food industry- and she has decided on a plan to slay the demon. She will lower your food costs by making food disappear.
Vice President Harris on Friday will outline a series of economic policy proposals as part of her presidential campaign, including a call for a federal ban on corporate price-gouging.Harris will deliver remarks in North Carolina, a battleground state where her campaign said she will focus on plans to lower the cost of groceries. The vice president will say that soaring meat prices in particular have contributed to a spike in grocery bills, and she will call out corporate consolidation in the market.
The Harris campaign said the vice president will outline a plan for her first 100 days in office if elected that would lay out a federal ban on price gouging, making clear that large companies can’t exploit consumers to increase profits.
This is called price fixing and it never works.
Price Controls: Still A Bad Idea
The negative effects of price controls are many. By creating shortages, they often cause people to wait in line, they often cause the quality of products whose prices are controlled to fall, and they can lead to favoritism by suppliers. All those effects remain until the price controls are ended. But even after the price controls are gone, some of the regulations that came about as a result of the controls remain. Let’s not go down the price control path again.Price controls lead to "skimpflation."Why Price Controls Should Stay in the History Books
Price controls have had a very long but not very successful history. Although economists accept that there are certain limited circumstances in which price controls can improve outcomes, economic theory and analysis of history show that broad price controls would be costly and of limited effectiveness. Appropriate fiscal and monetary policies can reduce inflation without the costs imposed by price controls.
The meat industry, like other industries that faced price controls, hated the OPA system. And without the ability to legally raise prices, businesses resorted to other tactics to maximize their profits. One is a phenomenon we've dubbed "Skimpflation" at Planet Money. That's when instead of simply raising prices, companies skimp on the goods and services they provide, degrading the quality of the stuff they sell. This seems to be happening now, especially in the service sector, which is struggling to recruit and retain workers. Instead of paying workers enough to attract and retain them, some businesses are skimping on customer service. It's a form of stealth inflation.Price controls make things rare.
Most people are unaware of just how radically socialistic Harris is.
(Excerpt) Read more at floppingaces.net ...
Harris plans end the American obesity problem costs by making food disappear
“large companies can’t exploit consumers to increase profits”
Did she run this by the shareholders and the stock traders on Wall St?
Seems that “profits” are why people buy stock and increasing profits makes people buy more stock which in turn can be plowed back into the useable capital of the “large company”.
If profits don’t increase, everything goes to service the company debt and the stock value suffers.
And on the home front, hamburger becomes more important than the stock market.
An ant farm in every yard?
She knows that the majority of her supporters are not very bright and economically illiterate so when she bashes corporations and wants to impose price controls, they will lap it up like cream.
The fact that price controls always, always yield bad results is immaterial.
and according to “future legends of the left” she’ll be hailed as the first American president to take the concept of weight loss for the masses seriously.
This looks like a Babylon Bee headline.
Harris Tweeter
OK. The first thing I checked was to see if this was The Babylon Bee.
The problem with her preventing *corporate price gouging* is defining the phrase.
And the democrats will define it however it suits them best.
Food cost = zero in that picture
And guess who is the biggest contributor to creating shortages?
Yup, the government creates the problem, then comes along to *fix* it by regulating it.
Did she run this by the big donors to the dimrat party like Cargill?
I know there’s only so much one can do in prepping.
The idea isn’t always to become a live off the grid survivalist but to have enough to weather a fairly long term disruption.
Cargill will just keep collecting their subsidies and shipping US grain to feed the world.
Right?
right out of the commie playbook
And “Friends Of Bill” Tyson?
Well, that works. If there’s no food to buy, you don’t have to spend the money on it.
She also wants her face on every food package ,LOL
The 70s called, they want their economic plan back.🙄
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