Posted on 03/05/2024 12:59:31 PM PST by ChicagoConservative27
President Joe Biden on Tuesday will launch a task force to combat “unfair and illegal” corporate pricing amid record inflation under the 46th president.
The Federal Trade Commission (FTC) and the Department of Justice (DOJ) will lead the task force to police what the Biden administration believes are the reasons consumers are experiencing higher prices than ever.
“We’re excited to be co-chairing the president’s new Strike Force on Unfair and Illegal Pricing, which builds on the FTC’s far-reaching work to promote competition and tackle unlawful business practices that are inflating costs for Americans,” FTC Chair Lina Khan said.
(Excerpt) Read more at breitbart.com ...
LOL.
Government creates a problem. Then creates a program and a bureaucracy to pretend to make the problem better and to generate PR that someone else is to blame for the problem.
That creates new problems. So government creates a new program and a new bureaucracy . . .
And here we are today.
Post of the day
Indeed. I’ve heard folks say they’d rather have inflation over mean tweets.
First inflate the currency to finance an orgy of mass murder, then create shortages by prohibiting “predatory” pricing.
BiXiden needs to investigate the CCP, his crime family,
Treasury, Congress and the Fed.
At a minimum.
Put in price controls, get shortages.
By “achievers” you mean the elites who have been favored by the government, right? I have a side job in retail. Price gouging is happening together with artificially low wages and deliberately understaffing stores.
hey, joe, i have an idea: declare a national emergency and mandate Federal price controls for EVERYTHING across the board ... i’m pretty sure that will fix Bidenflation!
Awwww. You think this is a capitalist country. That’s so cute!
Fascism: business is owned by the private sector but tightly controlled and managed by the government.
What, no WIN buttons?
My $300 groceries cost $400 - explain that, Brandon.
So the Government creates a lot of money out of thin air and markets move to the new equilibrium point. Obviously price controls are the solution! /S
So are they gonna try ‘price controls’? That will insure shortages and rationing. Perhaps this time a scotus challenge would find the constitution doesn’t grant the feddies to power to set prices. Not even if they again erroneously claim the ‘commerce clause’ does.
The Biden family doesn’t like how their millions in corrupt money isn’t worth as much as it once was.
Government induced shortages on the way. Enjoy the decline.
Maybe he can look at health insurance premiums first.
like dynamic burger prices...
Here is what it should actually read
President Joe Biden Donald Trump on Tuesday will launch a task force to combat “unfair and illegal” corporate pricing reduce government taxation amid record inflation under the 46th president former President Biden.
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