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Home Front: Politix
Republicans, Economist slam Harris plan to lower food prices: 'Economic lunacy'
2024-08-16
[NYPOST] Vice President Kamala Harris' plan to grant the federal government expansive new authority to control food and grocery prices was roundly criticized Thursday by several Republicans and economists, who argued that it was ''big government on steroids'' and ''economic lunacy.''

The 59-year-old Democratic presidential nominee's economic agenda calls for the ''first-ever federal ban on price gouging on food and groceries'' to be implemented within her first 100 days as president in order to ''bring down Americans' grocery costs and keep inflation in check,'' according to the Harris campaign, which released details of the plan ahead of Friday's official unveiling.
Posted by:Fred

#14  Come on, man! Just because price controls never worked in the history of Ever does not necessarily mean they won't work now. If you keep flipping a coin, it eventually comes up heads, amirite?

And if we are being pedantic, price controls *do* work, at least in the short term. "Short term" being the week or so it takes for the supply chain to empty and for producers to realize that if a thing costs $2 to make, selling it for $1 is not a winning move. But that's nothing more wage & price controls can't fix, at least until the entire economy craters.

It only took us 66 years to go from manned flight at Kitty Hawk to landing on the Moon. If centrally-planned economies could work, someone would have done it by now. In the meantime, we need to nationalize everything to stop wreckers, hoarders, and kulaks from gumming up the works.
Posted by: SteveS   2024-08-16 19:56  

#13  Glav's link
Posted by: Frank G   2024-08-16 17:39  

#12   Chicago Businesses Boarding Up Ahead of Democratic National Convention for Fear of Mass Riots
Posted by: Glavinter Peacock7962   2024-08-16 15:48  

#11  Chicago businesses are boarding up their windows in anticipation of Dem Convention riots and looting.
Posted by: Glavinter Peacock7962   2024-08-16 15:25  

#10  ^ And should be done so offline. Bring back the salons of old and plan for reestablishing The Enlightenment.
Posted by: Rex Mundi   2024-08-16 13:00  

#9  What is America to do about its communist problem?
The Constitution and Communism are incompatible.
Being Anti-Communist is obviously not enough.
Solutions need to start being discussed.
Posted by: mossomo   2024-08-16 12:53  

#8  Buying votes.

I didn't have 'Buying votes with starvation' on my bingo card.
Posted by: CrazyFool in Texas   2024-08-16 12:26  

#7  Dave Ramsey explains why Kamala Harris' price control plan will not curb inflation: 'It's not sustainable'
Posted by: Skidmark   2024-08-16 12:08  

#6  "credentialed"
Posted by: Procopius2k   2024-08-16 11:48  

#5  But it will energise her potential voters - especially ones with college "education".
Posted by: Grom the Reflective   2024-08-16 11:42  

#4  Price controls = scarcity (time and time again)
Posted by: Procopius2k   2024-08-16 11:12  

#3  My Country Tried Kamala-Style Price Controls -- It Led Venezuela to Disaster
Posted by: Skidmark   2024-08-16 10:38  

#2  
The word for this is SOCIALISM.
Posted by: NN2N1   2024-08-16 08:47  

#1  

Posted by: Elmerert Hupens2660   2024-08-16 00:50  

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