“It’s Communism”: Kamala’s First Economic Plan Proposes Price Controls To “Combat Inflation”, by Tyler Durden

Kamala and her advisors have a lot of dumb ideas. From Tyler Durden at zerohedge.com:

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.”

The Harris campaign said the vice president will unveil the new federal proposed ban on Friday at a campaign rally in the battleground state of North Carolina as part of a broader economic policy platform. The proposal will ensure food companies can’t exploit consumers to increase profits, according to CBS News, citing Harris-Walz campaign officials. 

Harris’ policy speech will also call on the Federal Trade Commission and state attorneys to examine corporations violating price-fixing rules. Her remarks are expected to echo Biden’s actions and rhetoric, especially with his war against meat processing companies that he alleges are responsible for higher burger prices at the supermarket.

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2 responses to ““It’s Communism”: Kamala’s First Economic Plan Proposes Price Controls To “Combat Inflation”, by Tyler Durden

  1. Groceries are going up in other words as they aren’t backed by a printing press and have to turn a profit to stay open for business.

    The comrades just can’t do economics.

    Still Not Sure if that Mao Zedong quote about two heads growing due to too much calories is I see what you did there trolling or for real?

    Reading Donald J. Harris classical theory of economic growth, available at Stanford EDU.

    He is Malthusian it looks like, one of the original zero population growth crowd.

    No money and no food will keep the population down.

    If Kamalalala follows any of this, better stock up on supplies.

    It could even be Zimbabwe/Weimar wheelbarrow and wallpaper.

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