Posted on 08/15/2024 7:13:23 AM PDT by SeekAndFind
* Vice President Kamala Harris will propose the first-ever federal ban on “corporate price-gouging” in the food industry, her campaign announced.
* Harris will also pledge that if elected, she will direct the Justice Department to increase scrutiny of potential mergers between grocers and food producers.
* The ban is part of a broader effort by the Democratic presidential nominee to respond to voters’ ongoing frustration with the high cost of meat and groceries.
“There’s a big difference between fair pricing in competitive markets, and excessive prices unrelated to the costs of doing business,” the Harris campaign said in a statement. “Americans can see that difference in their grocery bills.”
The proposed ban is part of a broader economic policy platform that the Democratic presidential nominee plans to unveil Friday at a campaign rally in battleground North Carolina.
Harris will also pledge that if elected president, she will direct her administration to increase scrutiny of potential mergers between large supermarkets and food producers, “specifically for the risk that the proposed merger would raise grocery prices for consumers,” her campaign said.
This package of regulatory proposals is one of the Harris campaign’s earliest efforts to outline an economic platform that is independent of President Joe Biden’s agenda.
Before Biden abruptly dropped out of the race in July and endorsed Harris, he had spent more than a year campaigning for reelection and blaming corporate greed for consumer prices driven higher by inflation.
Harris’ plan still sits firmly within the overall Biden approach to regulation, however, which has prioritized consumer protections across a range of industries and sued to block several massive corporate mergers.
(Excerpt) Read more at cnbc.com ...
I see food shortages in our future if Kamala gets into the presidency.
Bloat and check stores.
5.56mm
The 'Rats either never learn OR they always pursue Marxist goals. For 70 years they propose the same economic policies and every time they yield the same destructive results.
A poorly informed uneducated public is repeatedly scammed into amputating their freedoms.🤷
It was Nixon who instituted price controls in 1971. It increased inflation and resulted in shortages. It was a disaster.
It was Nixon who instituted price controls in 1971. It increased inflation and resulted in shortages. It was a disaster.
Price controls, how North Korean of you....
I WILL BET SHE CANNOT KEEP A CHECK REGISTER STRAIGHT & SHE CANNOT RECONCILE HER BANK STATEMENTS
This is the beginnings of the bill gates crowd controling the food supply.
Only the WalMarts and Costcos will have approved (GMO) tainted food, totally devoid of natural red meat.
The mom and pops and others will be lawfared out of business.
Eventually only the people with good social credit scores will be allowed to shop for food. The rest will eat ze bugs.
I think they’re shooting for a modern Holodomor.
THE LAST DENNY’S IN SF closed due to Dine & Dash ‘customers’.
Yes, and when this gets enacted, the next thing that will happen is that whatever industry the government first tries to regulate will withdraw from markets that lose their shareholders money.
After that, the government will nationalize that industry and really screw it up. The end result is higher prices, lower quality and food shortages galore.
just sayin...
Only the WalMarts and Costcos will have approved (GMO) tainted food, totally devoid of natural red meat.
One of the main reasons I’m contemplating moving to Europe, is they are so much better with their food, in terms of non-GMO.
In other words Price Controls. Yeah that’ll work. People made millions duribg WW2 buying and selling on the black market.
Those Carter years and inflation, boy those were miserable times.
This will just lead to scarcity.
The price will be cheap, but they won’t have any.
Just like the old Soviet Union.
Tell me that you know nothing about economics without saying that you know nothing about economics.
thanks for the correction..i was only a pre-teen at the time
Her eyes are brown for a reason she’s full of s**t she won’t do any that that stuff just more democrats tongue in the ear rub like bait on a stick.
The democrats are lousy at getting anything done except chaos.
Manmade FOOD SHORTAGES are happening already...
We Love Trump Report Food Shortage Search
https://wltreport.com/?s=food+shortage
Welcome to the old FDR playbook.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.