Posted on 08/17/2024 6:10:18 AM PDT by MtnClimber
Vice President Kamala Harris, the Democratic nominee for president, has not only been running a basement campaign, but one completely void of details regarding the serious issues Americans are facing.
Realizing that something has to be said about the crushing inflation foisted upon Americans by Harris, Biden, and their pals, Harris is unveiling an economic plan at a rally in North Carolina on Friday that would make the old Soviet communists blush. Indeed, finally we will hear an idea from Kamala and its communism. As an answer to the crippling inflation, her answer is a favorite of failed communist regimes worldwide: price controls.
Her argument is that it’s evil capitalism, bad corporations, and horrible businesspeople who are price gouging the American people creating the unaffordability crisis. The fact that it is government spending, regulations, and horrible federal policies driving the crisis is something she would prefer you not to think about. This is what is known as guilt transference: as part of the executive team in charge of this country, she and the policies her administration has pushed directly caused the economic catastrophe that has been unraveling the economic security of all Americans.
Even beyond inflation, a new report from the Competitive Enterprise Institute reveals, “Federal regulatory burdens cost the average household more than $15,000 per year – more than food, clothing, education, or any other household expense except housing.” Gee, it looks like it might be the federal government that is price gouging all of us.
As the worldwide left has always done, the crises Harris and her comrades create become the excuse to blame and condemn capitalism. They hope the American people are like crows, that if you’re shown a shiny object you’ll be immediately distracted and look away from the real issue allowing the bureaucrats to continue to burn down our house.
The absurd and dangerous irony here is that her plan not only won’t bring down inflation it will make the economic situation worse. Here’s why: Inflation is a very basic monetary issue. The Biden administration flooded the economy with money which is chasing fewer goods. Hence, inflation. Add that to the Green New Deal’s war on energy and fossil fuels, and you have our untenable situation.
Even the Biden/Harris stenographers at the Washington Post recognized the absurdity of her proposal with a headline stating, “When your opponent calls you ‘communist,’ maybe don’t propose price controls?”
Well, maybe you do if you are that far-left and that unconcerned with the devastation your old and failed plan will cause the American people.
Center Street reported, “Harris’ campaign this week touted the ‘federal ban on corporate price-gouging’ to help Americans with high grocery prices and prevent ‘excessive’ profits.” Not mentioned is the fact that price gouging is already illegal. They also conveniently do not share how price gouging will be determined and who will decide what is an “excessive profit.”
Consider this: The profit margin for grocery stores is on average about 1.5%. The price for any product has to incorporate the actual wholesale cost of the item, which includes the production and transportation cost of that item. Price controls have always failed. If you are any kind of retail entity and are limited to selling your goods at a government-controlled price but the price to acquire the goods continues to increase, you will not provide those products. It is unsustainable for any business to sell at a loss. It is the profit that allows you to continue to provide goods, keep your store operating, and pay your employees.
This is why price controls kill businesses, create empty shelves, and in the case of food will cause food deserts throughout the country. We already know grocery stores have closed because of the unrelenting looting that has become commonplace in the defund the police era and legislation in many states essentially decriminalizing looting up to $1000. Loss of product through looting means your profit margin of 1.5 percent collapses. This lawlessness is something Kamala Harris excitedly encouraged and supported during those riots, most famously on the Stephen Colbert show.
Combine this with the Democrats’ hostility toward fossil fuels as their obsession with “transitioning” to “green” energy leads to bans and regulations on fossil fuels increasing its cost. Add in unrest in the Middle East caused by feckless and obvious weakness of the Biden administration, oil prices have surged causing the cost of the 6000 products made with petroleum to increase as well. We see the price of a barrel of oil reflected most immediately in gas prices, but petroleum is an element in products that span all sectors of our lives. Products like adhesive, makeup, bandages, balloons, artificial limbs, dog collars, detergent, hair coloring, hearing aids, heart valves, floor wax, iPhones, kayaks, nylon rope, parachutes, and on and on. When the price of oil goes up the prices of these products and thousands more also go up.
Kamala Harris’s refusal to sit down for a serious interview to answer questions about the serious issues facing the American Public reveals that she knows honesty and transparency will condemn her candidacy. After all, what would you think if a person that wants to marry your son or daughter refuses to answer your questions about who they are and what they’re going to do? That alone is the biggest confession, that even they know their plans are unacceptable.
For a brief period, Harris being propped up by the media will work. In this shortened cycle by her avoiding the primary season, they believe they can pull one over on the American people. They know what they’ve done has caused significant damage to this country and American families. They not only don’t care, but they also have such contempt for us that they want to keep doing it. We are the firewall against this kind of malignancy. Harris, her cronies, and the media are working double time to make you feel everything is hopeless. No one wants what they’re selling which is why they’re not speaking and pouring all their energy into gaslighting you. The only thing they have is to depress your enthusiasm and optimism. Our job is to not allow that to happen. Stay steady and refuse to comply with their cynical and malignant agenda.
When Republicans are calling her a communist, would she be so stupid as to propose price controls?
Just goes to show the commies keep using the same playbook.
Find a scapegoat group, stir up hatred, encourage criminality, etc.
Then when it all goes sour, step in (of course to “save the day”), then nationalize all the goodies (power, luxury items, posh life, etc.) for themselves.
I would not be surprised to see the RATs replace her at the convention.
All of this hoopla could have been a way to get her out for good.
These are the games the democrats are playing this time. It makes it very difficult for Trump and Vance to key in and make ads when they do not know for sure who they may be running against.
People have whined that there are not enough ads. Well. there will probably be more and more after the RATvention and an official candidate confirmed.
would she be so stupid as to propose price controls?
Yes she would she’s not asking the public to unite with communism she’s telling them they will join communism period.
Her party have great plans to expand their control it’s their last chance to do it all are in to stop Trump note how hard the media is helping the communist party.
I think more than inflation - and there will be inflation - what will be most noticeable about a Harris/Walz administration will be severe shortages. Stagflation writ large. You won’t be able to afford it, but it won’t matter because you won’t be able to find it anyway. We will become a dacha society.
It makes it very difficult for Trump and Vance to key in and make ads when they do not know for sure who they may be running against
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Well, they should be running against the Democrats in general, against their policies!
US politics is based on persons, so called let the best person win.
It should be more, let the best ideas run!
please pronounce her name correctly
kamala is pronounced kommala
rhymes with commie
I agree it should be about policy. But the other side cannot argue policy because their policy stinks so it has to be stealth and implemented after the cheat in.
Unfortunately the only policy screamers are on our side.
Policy to he left is abortion, climate change and LGBT plus.
That’s it.
Commie-la
“Conservative” Nixon tried it and it was a disaster.
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