September 6, 2024
Trump, Harris, and Communism
By Eileen F. Toplansky
Kamala Harris has “vowed to lower prices at the grocery store with price controls and open up the increasingly out-of-reach housing market with tax subsidies for homebuyers.” Harris asserts that she “will work to pass the first-ever federal ban on price gouging on food. Her plan will include new penalties for opportunistic companies that exploit crises and break the rules.”
As a result, Donald Trump said that Harris has gone “full communist.”
But what does “full communist” even mean to generations of young people who have no idea what communism has wrought in the world?
At the American Institute for Economic Research a reader learns that:
Most people in [communist] Cuba are skipping meals [.] These shortages of food are intimately linked with socialist governments, related economic policies, and, in particular, price controls.
In July, Cuban authorities imposed a new round of price controls on powdered milk, chicken, and pasta, among other goods. Vendors in Cuba are now not allowed to sell chicken parts above a price of 680 pesos, whereas market prices are typically around 700 pesos.
Price controls are huge red flags. These are not red flags celebrating socialism. Price control’s reddest flags relate to the nature of exchange, morality, and freedom [emphasis mine].Price controls increase poverty and hunger. Contrary to the utopian dreams of policymakers, price controls distort market activity in perverse ways.
And they always lead to shortages.
Recently, Chicago mayor Brandon Johnson commissioned a study looking into creating grocery stores operated by the city of Chicago. The move “by Mayor Johnson is a step to implement a communist system where the city or state owns the production and distribution of food, which history shows us [always ends] disastrously.”
As goes Cuba -- so goes America?
more
https://www.americanthinker.com/articles/2024/09/trump_harris_and_communism.html
