Harris’s Kamunist Agenda Faces Harsh Reality › Roger Kimball

[mystery-ak]

Harris’s Kamunist Agenda Faces Harsh Reality › American Greatness
Roger Kimball


Don’t cry for me, Argentina.

Cry for Kamala the Kamunist.

It took them a while, it’s true, but at least Argentina has someone with a rudimentary knowledge of economics in charge.

Indeed, Javier Milei, one of my favorite leaders on the world stage today (along with Viktor Orbán, Benjamin Netanyahu, Georgia Meloni, and Nayib Bukele) is a Trump-like dynamo.  If I had a more developed entrepreneurial bent, I would try marketing a line of Milei chainsaws in the United States.  Just as he took a chainsaw (sometimes literally) to excessive spending, regulation, and bureaucracy in Argentina, so my Milei Chainsaws could be employed against waste, fraud, and abuse here across the fruited plain. Milei’s robust policies have put Argentina on the runway to economic success. They have slashed inflation—some 200% when he took office—and his abolition of rent control—surprise, surprise—has sparked a 195% rise in available housing stock.

Meanwhile, the socialists funneling ideas to Harris have put together an economic plan redolent of Venezuela or, indeed, the Soviet Union.  Its centerpiece revolves around centrally promulgated and enforced wage and price controls—a recipe for shortages and inflation.

more
https://amgreatness.com/2024/08/18/harriss-kamunist-agenda-faces-harsh-reality/

[Fishrrman]

"Meanwhile, the socialists funneling ideas to Harris have put together an economic plan redolent of Venezuela or, indeed, the Soviet Union.  Its centerpiece revolves around centrally promulgated and enforced wage and price controls—a recipe for shortages and inflation."

Where it all ends up:


Cue up The Who -- with their best song, live at Shepperton Studios, 1978:

https://www.youtube.com/watch?v=UDfAdHBtK_Q

[mountaineer]

Alec Stapp
@AlecStapp
Milei repeals rent controls in Argentina.
The results in Buenos Aires since last October:
- housing rental supply up 170%
- rents down 40%
8:35 AM · Sep 24, 2024

WSJ:

[DefiantMassRINO]

In the 1970s and 1980s Massachusetts, many of the rent controlled apartments were occupied by Harvard University professors and Massachusetts state judges.

Rent control makes the problem worse.  It subsidizes high-cost and low supply, and discourages the construction of new rental units.

The solution to a housing shortage is to build more housing, but many state and local governments have anti-growth zoning policies that obstruct housing development.  Government is the problem.