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Even the Washington Post isn’t buying Vice President Kamala Harris’ plan to slap socialist price controls on groceries. The longtime, left-leaning broadsheet — owned by billionaire Jeff Bezos — published a scathing editorial ripping the Democratic presidential nominee for claiming price gouging is causing inflation and, rather than offer a legit plan to fix it, offering only “populist gimmicks.”With food prices surging more than 20% nationwide during the Biden-Harris administration, Harris, during a North Carolina rally earlier Friday, unveiled economic policies she’d enact during her first 100 days as president that include enforcing government price controls on groceries. Instead of...

Kamala, and these who surround her and support her claim that that gross profit margins are up among food producers and retailers and that is proof that they are gouging consumers. That is BS or pure stupidity. You can tell they never ran a business. Kamala says she is going to focus like a laser beam on grocery stores who are guilty of "price gauging" as she, sic, put it. These people get so aggravated if someone pronounces her name wrong but she can't even read a teleprompter and pronounce "gouging" correctly. They clearly don't understand direct costs and overhead...

On Friday’s broadcast of CNN’s “The Source,” Rep. Dan Goldman (D-NY) wouldn’t say if he backs 2024 Democratic presidential candidate Vice President Kamala Harris’ “federal ban on price gouging on groceries” proposal because “The devil’s in the details.” And “where do you end this? What are the details like? How do you define price gouging? That will be something that we’ll have to work through.” Host Kaitlan Collins asked, “On that economic plan, do you support a federal ban on price gouging on groceries?”

Vice President Kamala Harris promised to prioritize a price-fixing plan on "day one," but commentators asked why she hasn't brought down inflation already while in the executive branch. "When I am President, it will be a day one priority to bring down prices," Harris declared in a Thursday night social media post. "I’ll take on big corporations that engage in illegal price gouging and corporate landlords that unfairly raise rents on working families." But the vice president and presidential hopeful faces one unique challenge in arguing about policy, the fact she has failed to enact such changes over the course...

Greetings, comrade worker: Candidate for Party General Secretary Kamala Harris has promised to punish the hoarders and wreckers driving up grocery prices. All hail the might of Soviet labor! That’s the latest bonkers proposal from Komrade Kamala Harris, unveiled in her marquee speech on the economy Friday — socialist price controls on groceries. Because the sky-high grocery prices average Americans have seen since she’s been in office couldn’t be the result of her boss’s disastrous economic policies. No, they must be caused by price-gouging corporate overlords who for some reason want customers to buy less of their products. The data...

It's no wonder Kamala Harris has been hiding from the press. The most liberal Senator/VP in the history of this country has just released her economic agenda and it's everything you'd expect from a far left socialist. Via Kyle Griffin on X* Eliminating medical debt for millions of Americans * A ban on price gouging for groceries and food * A cap on prescription drug costs * A $25,000 subsidy for first-time homebuyers * A Child Tax Credit that would provide $6,000 per child to families for the first year of a baby's lifeThat first one is staggering. Medical debt...

CNN destroyed Kamala Harris’s Soviet-style price controls proposal and said it would lead to higher prices and shortages. Kamala Harris traveled to North Carolina on Friday to announce a Communist-style price control scheme to combat the inflation crisis she created. Harris cast the tie-breaking vote on the so-called ‘Inflation Reduction Act.’ The IRA made inflation unbearable for Americans. Food prices are skyrocketing because of Joe Biden and Kamala Harris. Biden recently turned his ire toward grocers and said he is going to send state attorneys general after them for price gouging. Grocers are not price gouging. The annual profits for...

On Friday’s broadcast of MSNBC’s “Chris Jansing Reports,” Harris-Walz Campaign Senior Economic Adviser Gene Sperling responded to a question on how 2024 Democratic presidential candidate Vice President Kamala Harris plans to define “price gouging” by stating that “we’re not trying to do every detail.” Host Katy Tur asked, “I want to go back to price gouging at the grocery store. Can you tell me how VP Harris will define price gouging?” Sperling responded, “Well, we’re not trying to do every detail. But let’s note a couple of things: The Census showed that, and our Council of Economic Advisers showed that,...

Vice President Kamala Harris kicked off her campaign speech in North Carolina on Friday announcing her new economic plan that would give about $1.7 trillion in handouts to those struggling in the current Biden-Harris economy and set price controls on groceries. Her economic plan includes measures to ban federal “price gouging” – stopping sellers from setting unfair prices on groceries – giving out $25,000 to help first time home owners with their down payments and up to a $6,000 tax break for lower and middle income families who have a child in their first year of life. The Trump campaign...

Kamala Harris finally came out with a policy position. Her prior one was one that she swiped from her opponent, former President Donald Trump — no tax on tips. Her new policy was going after "price gouging" by corporations, saying that she'd crack down on "excessive prices" and "excessive profits." What qualifies as "excessive"? This smacks of the Soviet Union and communism, in addition to being truly bad policy. In the U.S., the government doesn't control/dictate to private companies. Now, what's pretty funny is that the Washington Post recognized this too, in an op-ed entitled: "When your opponent calls you...

Daniel Alman from Squirrel Hill @DanielAlmanPGH The profit margin for supermarkets is only 1.6%. #KamalaHarris said that's "excessive," and she wants to impose #PriceControls on food. Either she wants to cause food shortages, or she's too dumb to understand #Economics 101. Which is it? https://washingtonpost.com/opinions/2024/08/15/kamala-harris-price-gouging-groceries/ #Communism

Vice President Kamala Harris on Friday unveiled an aggressively populist economic agenda, providing the most detailed vision yet of her governing priorities since becoming the Democratic Party’s presidential nominee. Ahead of Harris’s speech in North Carolina, her campaign announced her support for more than a dozen economic policies aimed at “lowering costs for American families,” including some that went beyond what President Joe Biden had promised. The most striking proposals were for the elimination of medical debt for millions of Americans; the “first-ever” ban on price gouging for groceries and food; a cap on prescription drug costs; a $25,000 subsidy...

In detailing her presidential campaign’s economic agenda, Vice President Kamala Harris will highlight an argument that blames corporate price gouging for high grocery prices.That message polls well with swing voters. It has been embraced by progressive groups, which regularly point to price gouging as a driver of rapid inflation, or at least something that contributes to rapid price increases. Those groups cheered the announcement late Wednesday that Ms. Harris will call for a federal ban on corporate price gouging on groceries in an economic policy speech on Friday.But the economic argument over the issue is complicated.Economists have cited a range...

Her price controls scheme is a guaranteed way of bringing Soviet-style shortages to the U.S. If you thought the economy couldn't get worse under Joe Biden, wait 'til you get a load of what Kamala Harris has in store for it. According to The Hill: Vice President Harris on Friday will outline a series of economic policy proposals as part of her presidential campaign, including a call for a federal ban on corporate price-gouging. Harris will deliver remarks in North Carolina, a battleground state in November, where her campaign said she will focus on plans to lower the cost of...

@JohnStossel Harris set to propose a ban on price gouging. CNN ArticleSad her 1st big policy announcement is economically illiterate. "Gouging" didn't cause inflation, Biden's spending did. Her naive staff could learn from these @EductionSITC students why “gouging” is good.

It’s hard to exaggerate how bad Kamala Harris’s price-gouging proposal is. “Price gouging” is the focus of Vice President Kamala Harris’s economic agenda, her presidential campaign says. She’ll crack down on “excessive prices” and “excessive corporate profits,” particularly for groceries. So what level counts as “excessive,” you might ask? TBD, but Harris will ban it. That’s the thing about price gouging: As has been said of hardcore pornography, you know it when you see it. It’s not hard to figure out where this proposal came from. Voters want to blame someone for high grocery bills, and the presidential candidates have...

Kamala Harris is going to make a major economic speech on Friday. A centerpiece will be plans to blame inflation on “price-gouging” in food, medicine, housing, and more, and to go after said price gougers with all the tools of the regulatory state. ... In 301 AD, the roman emperor Diocletian faced a large inflation. According to Mike Duncan’s history of Rome podcast which I’ve been listening to lately, that inflation, we now know, had a simple cause: The Empire didn’t have enough tax revenue to pay soldiers. Not paying soldiers was very bad for the longevity of emperors. So,...

Harris will propose providing up to $25K in down payment support for 1st time homeowners, with more generous support for 1st generation homeowners, according to campaign official She'll announce tomorrow in NC, along w/ her plan to ban corporate price-gouging on groceries

Early in the pandemic, a local merchant I know in New York, an immigrant who owns a small stationary store, worked tirelessly to obtain the goods his customers all then believed were needed—masks, hand sanitizer, and so on. He paid a markup for these goods, not to mention the time it cost him to secure them, and naturally passed the higher prices on to his customers. But given the emergency, he faced a price limit on what he could sell the masks for, with steep fines if he didn't comply. He fought these mandates in court and nearly lost his...

Washington Post: Kamala Harris to propose ban on ‘price gouging’ for food, groceries https://washingtonpost.com/business/2024/08/15/kamala-harris-economic-policy-2024/Me: The Maduro diet: How most Venezuelans lost an average of 43 pounds in two years https://danfromsquirrelhill.wordpress.com/2020/07/15/43-pounds/