Kamala Harris to Announce Soviet-Style Price Controls on Food Under Guise of ‘Gouging Ban’

[mystery-ak]

Kamala Harris to Announce Soviet-Style Price Controls on Food Under Guise of ‘Gouging Ban’

Simon Kent 15 Aug 2024

Soviet-style centrally administered price controls on food and grocery prices will form part of the federal economic proposals U.S. Vice President Kamala Harris will unveil Friday when she finally delivers an insight into her 2024 policies.

Her address will mark the first time Harris offers a policy focused speech since she was anointed as the Democratic candidate in July and been roundly accused by critics since as being a policy-free zone, as Breitbart News reported.

The Democratic nominee is promising to institute a first-ever national ban on price gouging and price-fixing within her first 100 days in office in an effort to deflect many voters’ low marks for President Joe Biden’s handling of the economy.

Time magazine reports Harris plans to direct the Federal Trade Commission and other agencies to investigate and penalize “big corporations” that violate government rules in a mirror of Soviet command economy diktats.

Other ways of tackling price fixing and selective anti-competitive practices in the food and grocery industries will also come under scrutiny, her campaign said by way of previewing her full set of economic proposals.

Harris will also reportedly detail plans to cut prescription drug and housing costs in the economic address during her visit to Raleigh, North Carolina.

more
https://www.breitbart.com/politics/2024/08/15/kamala-harris-to-announce-soviet-style-price-controls-on-food-under-guise-of-gouging-ban/

[LMAO]

Of course she is

She is a leftist. That’s what they do.

The problem is price controls are popular. Because people think that government is “doing something.”  The problem is that “doing something” causes more harm than good.

In the short term, they will look like they work. It’s the long-term where they cause the most harm

[mystery-ak]

Report: Harris Campaign Fears Publicly Releasing ‘Thorny Details’ of Economic Plan

Wendell Husebø 15 Aug 2024

Harris campaign advisers worry about publicly releasing “thorny details” of their economic plan because the specifics might backfire upon the campaign, several people familiar with the discussions told the Wall Street Journal.
The media expects Vice President Kamala Harris to deliver remarks on Friday about a newly devised economic plan that will fix the administration’s approach, though she is not expected to take any questions. Harris has not delivered an unscripted press conference in 24 days since joining the presidential race.

Only one in four voters rated the economy under the Biden-Harris administration as “excellent” or “good,” a Financial Times and University of Michigan Ross School of Business poll found Monday.

https://twitter.com/jackikotkiewicz/status/1823700895005098262

Harris’s plan is “unlikely” to break with Biden on substance, advisers told the Journal, underscoring a dilemma Harris faces atop the Democrat ticket.

[mountaineer]

For more, read The Role of Inflation in Soviet History: Prices, Living Standards, and Political Change.

In the late 1980s, some friends and I visited Hungary, which still was part of the Soviet empire. Out of curiosity, we went into a supermarket. The shelves were nearly empty. This would be our future under Kommiela Harris.

[LMAO]

For more, read The Role of Inflation in Soviet History: Prices, Living Standards, and Political Change.

In the late 1980s, some friends and I visited Hungary, which still was part of the Soviet empire. Out of curiosity, we went into a supermarket. The shelves were nearly empty. This would be our future under Kommiela Harris.

In high school, our history teacher visited the Soviet Union in the mid 1970s. He said you had to be with a commissar at all times. They took them to a Soviet supermarket. And what he described would be completely foreign to Americans, who can go grocery shopping with full shelves


Bernie Sanders once praised this rationing. He said it was the result of making sure that the poor people got food and the rich people didn’t get it all….lol

[LMAO]

Here is Bernie Sanders praising  Soviet style food rationing in his own words



https://m.youtube.com/watch?v=zJBjjP8WSbc

[LMAO]

The Republican party is going to have to get it’s act together and figure out how to articulate a message of limited government and the dangers of an ever expanding federal government during the four years of Harris’s presidency to prevent her from getting another term


Being afraid to talk about reigning in the size of government because it might upset voters and Democrats is cowardly.

[andy58-in-nh]

Of course she is

She is a leftist. That’s what they do.

The problem is price controls are popular. Because people think that government is “doing something.”  The problem is that “doing something” causes more harm than good.

In the short term, they will look like they work. It’s the long-term where they cause the most harm

Start lining up for food, gas, and paper products.

[cato potatoe]

Who could have known the solution to inflation was just to eliminate profits?  It's mind boggling that nobody has tried this before! 

[corbe]

   I assume it will be as successful as Gerald R Ford's program.

[LMAO]

Who could have known the solution to inflation was just to eliminate profits?  It's mind boggling that nobody has tried this before!

Leftists view the world through the eyes of a child

[DefiantMassRINO]

Price controls discourage legitimate producer production increases and encourage organized crime.

[LMAO]

   I assume it will be as successful as Gerald R Ford's program.

@corbe

Confess. You can  admit now that you did take the pledge and get your button at the time

[LMAO]

Who could have known the solution to inflation was just to eliminate profits?  It's mind boggling that nobody has tried this before!

If that fails, she could always try jawboning companies like Lyndon Johnson

[LMAO]

I guess we can at least be thankful to the good Lord in  his wisdom to bless us with such horrible and inept candidates that the rest of us can point at and laugh at their unworkable and just plain stupid ideas

If our destination is to decline, decline with a smile

[corbe]

@corbe

Confess. You can  admit now that you did take the pledge and get your button at the time

   @LMAO I was in the USAF at the time and that probably would have been a violation of the Hatch Act.

[LMAO]

   @LMAO I was in the USAF at the time and that probably would have been a violation of the Hatch Act.

I remember the cause, but I don’t recall anybody wearing the button, at least in my at the time limited elementary school circle

[mountaineer]

Clay Travis
@ClayTravis
Grocery stores have the lowest profit margins of almost any businesses in America. Either Kamala Harris doesn’t know this when she argues they are responsible for inflation or she’s intentionally lying about them price gouging. Both are bad.
5:38 PM · Aug 16, 2024

jim iuorio
@jimiuorio
Kroger currently has a profit margin of 1.43%. This is BELOW their average over the last 24 years…if they are, in fact, “price gouging” they are comically bad at it…
2:12 PM · Aug 16, 2024

[mountaineer]

Xi Van Fleet
@XVanFleet
As a child growing up in Mao's China, I spent countless hours standing in long queues to get daily necessities for my family. The experience was often marked by the frustration of dealing with queue jumpers. By the time I finally obtained what I needed, another long queue awaited for the next essential item.
This is what Commie-la’s Commie Land would be like.
12:15 PM · Aug 16, 2024

[mountaineer]

Collin Rugg
@CollinRugg
NEW: Kamala Harris shares how much prices have increased under her leadership with President Biden.
Not sure how this is a winning message.
The comments were made to a very small crowd in Raleigh, North Carolina.
"A loaf of bread costs 50% more today than it did before the pandemic. Ground beef is up almost 50%."
3:34 PM · Aug 16, 2024


Yeah, and it's not Kroger's or Winn-Dixie's fault, you stupid cow.

[Maj. Bill Martin]

Of course she is

She is a leftist. That’s what they do.

The problem is price controls are popular. Because people think that government is “doing something.”  The problem is that “doing something” causes more harm than good.

In the short term, they will look like they work. It’s the long-term where they cause the most harm

Yup.  This election is a battle of the populists.  Regardless of which one wins, the country loses.

[mountaineer]

More "evidence" of corporate price-gouging.

Eddy Elfenbein
@EddyElfenbein
Last year, Walmart made $15.51 billion on sales of $648.13 billion. That's a profit margin of 2.4%.  I'm not sure that's price gouging.
2:31 PM · Aug 16, 2024

Jeff
@jpohank
And average sales tax in america is 7.2% and corporate tax is 30%. So the government made $46.7B in sales tax and $4.65B in corporate tax on those sales / profit.
3:42 PM · Aug 16, 2024

[LMAO]

Class envy sells. People don’t look at profit margins. But they see corporations making billions in profits and somehow believe they’re getting screwed and Harris is going to go and fix it for them


Conservatives are going to  have their work cut out for them in the next several years.

[mountaineer]

Lest we forget, in 2019 she proposed seizing companies' patents, too.

https://twitter.com/EricAbbenante/status/1824612435375878439

[American Girl]

excerpt from the article:

n a resurfaced 2019 video, Kamala Harris outlined economic proposals that echo communist-style policies, sparking renewed criticism.
During her current presidential run, Harris unveiled a plan that many critics liken to Soviet-style price controls.
This isn’t anything new because during her previous her presidential campaign, Harris suggested that drug prices be controlled by the government, with rates set based on global market averages. but that’s not the worst part, she also threatened to seize patents from pharmaceutical companies if they didn’t comply.

That’s not how a free-market economy is supposed to work, but the giddy Harris didn’t care:

“My plan, as a candidate for president, on these drug prices is as follows: We are going to set drug prices based on fair market,” Harris said during a campaign stop in Iowa on Friday. “So, essentially what we’re going to do – and you can visit the website if you will, and if not, get you some documents – but essentially what we’re going to do is set drug prices so that American consumers are charged a price for drugs that’s the average price that’s being charged around the globe.”




She’s showing her true colors!

The party frightened about the 'threat to our democracy' is nominating a wannabe tyrant.

https://www.rightjournalism.com/video-kamala-harris-literally-threatens-to-unilaterally-confiscate-citizens-and-businesses-private-property/