Kamala Harris wants price controls to pretend it’s not her fault you can’t afford groceries

NY Post ^ | 8/16/24 | Post Editorial Board

[WASCWatch]

Nixon’s policy was an utter failure because all a food or other company had to do was claim their products were “new and improved” which weren’t affected by price freezes.

“Reclassification of job titles and duties” allowed wage increases.

[4Liberty]

[Bon of Babble]

Yeah, as if it worked during Nixon’s reign.

She and others of her financial ilk don’t have to worry about shortages and high food prices. Her father was a Marxist professor so that’s where she most likely learned about price controls - as in Soviet Russia, Cuba and Venezuela

I swear my normal grocery bill these days looks like I’m hosting my entire family for Thanksgiving.

Grocery stores profits are around 1.6-2%, when such a thin profit margin, they’re not going to carry items that are not profitable. Here come the shortages.

[Prince of Space]

https://x.com/collinrugg/status/1824520561558687971?s=46&t=o3mUVQkL1UQPehiijnCgqg

She’s gonna “end price gauging on food.” I didn’t even know price “gauging” was a thing. 🤣

[Bon of Babble]

I remember Rush Limbaugh saying once he worked in a grocery store as a teen during Nixon’s price controls - the owner had a list of what was/wasn’t price controlled and told Rush to change the names of cuts of meat from price controlled to non-price controlled.

[chuckee]

So, Kamala decided to demonize Safeway for what she and her boss did with driving food inflation through the roof. She doesn’t have to worry about the ridiculous supermarket gouging narrative because the MSM will carry water for her and legitimize it

[yuleeyahoo]

Government solutions to problems that they have caused always requires that you give them more power over your life.

[4Liberty]

[Bon of Babble]

Unfortunately, there are a lot of economic illeterates out there - who vote - and think price controls sounds like a great idea:

NY Post:

"(Harris)Attendee Dylan Neil noted that Harris’ ideas on curbing price gouging are “definitely a good policy, a lot of larger organizations can weasel their way in to manipulate certain systems, and I think that’s definitely an issue, and I think that it’s a really good proposal on her end.”

Asked about Trump calling Harris’ plan to end price-gouging “communist”, Sangimino said that’s “insane, just like Donald Trump.” Neil added “I don’t think it’s communist at all.”

Jessica McKoy, a 30-year-old pharmacist from Raleigh, told the Post that she was keen on Harris’ plan to put “the stop on inflation,” adding that she was excited to hear more about the “plan to cut living expenses, groceries, gas taxes, and just represent the middle class.”

For Meg Sangimino, a content marketer in her late 20’s, the Child Tax Credit “sounded very promising,” adding that it was the first time she’d heard of the idea.”It seems like she is really focusing on families, especially in the middle class. That’s very appealing to me,” she said.

Asked if she thought it was fair for people with kids to pay less in taxes, Sangimino said, “I do, yeah, people with kids have a lot of costs that people without kids don’t have.”

These people deserve all the hell that will be rained down on them with price controls - shortages, grocery store closures, etc. The rest of us don't.

[asinclair]

Here is a thought: grocers should display the fully burdened price they pay for goods, then show a 1.5 percent mark-up. The burden would include everything: electric, water, space lease, government compliance overhead, labor, &c. Oh, and the burdened price would include what the supplier charged, including shipping, handling, and anything else that gets tacked on.

Heels-up thinks the retail store is the problem. Full transparency would show who is doing the gouging.

[Trump Girl Kit Cat]

Do not forget the massive theft, asset loss per year that alone is in the millions per store!

[P.O.E.]

I actually remember Nixon breaking into regularly scheduled programming to make that announcement. Wish I could remember what show we were watching.

[OKSooner]

Batman.

[MNnice]

Remember, we can vote our way into Marxism, but we’re going to have to shoot our way out of it.

[joshua c]

you have to sell at a loss

now make some more

[joshua c]

its a bidenism