“It’s Communism”: Kamala’s First Economic Plan Proposes Price Controls To “Combat Inflation” | ZeroHedge
After the unoriginal Vice President Kamala Harris stole former President Trump’s proposed ‘no tax on tips’ policy, she’s at it again with yet another recycled idea. This time, she’s echoing President Biden’s actions and rhetoric to crack down on sky-high food prices by proposing the first-ever federal ban on “corporate price-gouging in the food and grocery industries” a move that reeks of socialism.
“There’s a big difference between fair pricing in competitive markets, and excessive prices unrelated to the costs of doing business,” the Harris campaign wrote in a statement, adding, “Americans can see that difference in their grocery bills.”
Price controls are extremely popular with both Democrats and Republicans, though more so with Democrats. But it’s like 60 percent popular with Republicans. So we have an important case that illustrates how idiotic the people are w/r/t economic policy. This is how you get Argentina.