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The times demand serious economic ideas. Harris supplies gimmicks.
The Washington Post ^ | August 16, 2024 at 6:28 p.m. EDT | Editorial Board

Posted on 08/16/2024 4:41:45 PM PDT by E. Pluribus Unum

Vice President Kamala Harris’s speech Friday was an opportunity to get specific with voters about how a Harris presidency would manage an economy that many feel is not working well for them. Unfortunately, instead of delivering a substantial plan, she squandered the moment on populist gimmicks.

Americans are clearly still anxious and angry about the high cost of groceries, housing and even $5.29 Big Macs. While the inflation rate has cooled substantially since the 2022 peak, an ostensible Biden-Harris administration accomplishment, prices remain elevated relative to the Trump years. So it’s a real political issue for Ms. Harris. One way to handle it might be to level with voters, telling them that inflation spiked in 2021 mainly because the pandemic snarled supply chains, and that the Federal Reserve’s policies, which the Biden-Harris administration supported, are working to slow it. The vice president instead opted for a less forthright route: Blaming big business. She vowed to go after “price gouging” by grocery stores, landlords, pharmaceutical companies and other supposed corporate perpetrators by having the Federal Trade Commission enforce a vaguely defined “federal ban on price gouging.”

Never mind that many stores are currently slashing prices in response to renewed consumer bargain hunting. Ms. Harris says she’ll target companies that make “excessive” profits, whatever that means. (It’s hard to see how groceries, a notoriously low-margin business, would qualify.) Thankfully, this gambit by Ms. Harris has been met with almost instant skepticism, with many critics citing President Richard M. Nixon’s failed price controls from the 1970s. Whether the Harris proposal wins over voters remains to be seen, but if sound economic analysis still matters, it won’t.

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Humor
KEYWORDS: budget; centralplanning; classwarfare; economy; kamala; kommiekamala; pandering; pricecontrols
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Even the Washington Compost knows price controls are very bad idea.
1 posted on 08/16/2024 4:41:45 PM PDT by E. Pluribus Unum
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To: E. Pluribus Unum

Is this headline really from The Washington Post? That can’t be good news for the Harris/Walz ticket.


2 posted on 08/16/2024 4:45:17 PM PDT by Gahanna Bob
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To: Gahanna Bob
Is this headline really from The Washington Post?

It's against posting rules for it to be otherwise.

3 posted on 08/16/2024 4:48:15 PM PDT by E. Pluribus Unum (The worst thing about censorship is █████ ██ ████ ████ ████ █ ███████ ████. FJB.)
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To: E. Pluribus Unum

They couldn’t be advocating for a new ticket again could they? Nah?????


4 posted on 08/16/2024 4:48:35 PM PDT by dforest
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To: E. Pluribus Unum

She’s getting way too much pushback from the Washington Post, CNN, and other MSM sources. Are they laying the groundwork for a switch out of the convention?


5 posted on 08/16/2024 4:49:01 PM PDT by TexasKamaAina (The time is out of joint. - Hamlet)
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To: Gahanna Bob

No kidding!


6 posted on 08/16/2024 4:49:15 PM PDT by milagro (There is no peace in appeasement! There)
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To: E. Pluribus Unum

Hang on! Is this the Amazon Compost?


7 posted on 08/16/2024 4:50:13 PM PDT by Gay State Conservative (Import The Third World,Become The Third World)
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To: dforest
They couldn’t be advocating for a new ticket again could they? Nah?????

That's why Trump is waiting until after the Democrat convention to go after her.

If she is still the nominee, it's going to be like shooting fish in a barrel.

8 posted on 08/16/2024 4:50:47 PM PDT by E. Pluribus Unum (The worst thing about censorship is █████ ██ ████ ████ ████ █ ███████ ████. FJB.)
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To: Gahanna Bob

They must know something about the DNC Convention already that we don’t.

Maybe Camela is getting the boot.


9 posted on 08/16/2024 4:52:41 PM PDT by Responsibility2nd (2 coups in less than 4 years. America is truly a first world Banana Republic.)
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To: Responsibility2nd

The bloom, if there ever was one, is off the rose
Only ‘dozens’ showed up and her delivery was awful


10 posted on 08/16/2024 4:56:14 PM PDT by Guenevere (“If the foundations are destroyed, what can the righteous do)
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To: E. Pluribus Unum

11 posted on 08/16/2024 5:01:12 PM PDT by 4Liberty ( Kamala’s relatives owned slaves. )
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To: Guenevere
Kamala has totally failed at rallys.

The Democrats Paid The Homeless To Fill Up The Atlanta Harris For President Rally
X (formerly Twitter) ^ | 08/01/24 | Clown World

Kamala Harris blasted after Megan Thee Stallion sings X-rated lyrics at Atlanta rally: ‘Not a serious campaign’
Hindustan Times ^ | Jul 31, 2024 | Sumanti Sen

And just the other day she held a rally and when Slow Joe got up to speak - everyone left.

12 posted on 08/16/2024 5:03:49 PM PDT by Responsibility2nd (2 coups in less than 4 years. America is truly a first world Banana Republic.)
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To: E. Pluribus Unum
The reader comments are telling about left-think reasoning. Multiple complaints about negativity toward a Democrat candidate. The left cannot handle real constructive criticism. Many are threatening to jump ship from WAPO because or articles like this.

The truth displays the thin skin of the left.

13 posted on 08/16/2024 5:04:53 PM PDT by johniegrad
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To: Guenevere

I think she has had a few weeks in the ever lovin’ bosom of the RAT media pimping her as better than sliced bread. I think they may be seeing her without all that cover and it isn’t so good.


14 posted on 08/16/2024 5:06:07 PM PDT by dforest
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To: E. Pluribus Unum

Forced Communism is not a gimmick.

If, God forbid, the Dems take the House, the Senate and the Presidency as pollster Frank Luntz says, they will have unbridled tyrannical power over all of us.


15 posted on 08/16/2024 5:08:13 PM PDT by frank ballenger (There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls.)
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To: E. Pluribus Unum

“[inflation] mainly because the pandemic snarled supply chains”

BS BS BS. Inflation is always a monetary phenomena. Too much money chasing too few goods.

Too much money was fedzilla pumping $5 TRILLION into the economy and paying people to stay home.

Too few goods was the states and fedzilla shutting down the economy and messing everything up for years.

It was the perfect inflationary storm caused mainly by Democrats (with a lot of so-called Republicans assisting).


16 posted on 08/16/2024 5:14:04 PM PDT by ProtectOurFreedom (“When exposing a crime is treated like a crime, you are being ruled by criminals” – Edward Snowden)
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To: E. Pluribus Unum

Well, see ya, Kammie.

Bring on Big Mike.


17 posted on 08/16/2024 5:19:03 PM PDT by lurk (u)
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To: E. Pluribus Unum

Some are saying Joey is going to challenge her at the convention. Popcorn time maybe?

Maybe this was always a way to get rid of Kamala. Who knows?


18 posted on 08/16/2024 5:19:08 PM PDT by dforest
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To: E. Pluribus Unum; All
Thank you for referencing that article E. Pluribus Unum.

"The times demand serious economic ideas. Harris supplies gimmicks."


Regarding economic ideas, Democratic and Republican Trump supporters are reminded that the states can repeal the 16th (direct taxes) and 17th (popular voting for federal senators) Amendments (16&17A) at any time.

Repealing those amendments will not only put a stop to unconstitutional federal taxes, a result of Congress's abuse of its 16A powers imo, but also stop federal government interference in the affairs of the sovereign states, effectively seceding ALL the states from the tyrannical, unconstitutionally big federal government.

In the meanwhile, since worthless incumbent career federal lawmakers and renegade states have repeatedly proven that they are enemies of the people imo, it is now up to Democratic and Republican Trump supporters to effectively "impeach and remove" ALL (exceptions?) state and federal lawmakers and executives in November.

In other words, it's now up to Democratic and Republican Trump supporters to support hopeful Trump 47 with a new, Constitution-respecting Congress, new state lawmakers too, not only so that he will not be a lame duck president from the first day of his second term, but will support him to quickly finish draining the swamp, including repealing 16&17A.

Finally, let's not allow the anti-Trump media try to fade our memories of what we witnessed on July 13.


19 posted on 08/16/2024 5:24:19 PM PDT by Amendment10
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To: E. Pluribus Unum

gas up 35% my aching azz! it’s still double...


20 posted on 08/16/2024 5:58:36 PM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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