It should be fascinating to watch Democrats at the Convention defending her announced dictatorial price-fixing strategy to remedy the very same inflation crisis of her own making!
Harris' price-gouging claims against businesses constitute a pathetic scapegoating exercise from accountability for her own co-authored horrendous inflation-generating policies.
Grocery stores and other businesses are not "price-gouging" - they're price-surviving.
If the Harris-Walz claims were true, then consumer prices would not be going up more slowly than producer prices.
Yes, the Consumer Price Index is going up at a slower rate than the Producer Price Index.
If "price gouging" were truly happening, those dynamics would have to be reversed. This is Econ 101 stuff.
The remainder of her economic rescue package essentially says, 'Hey, vote for me and I'll give you more out of the Treasury than the other guy!'
Oh please, everyone's local Barista could offer that kind of buy-the-vote trash.
Harris' promise to fix food prices, and to ensure that equal opportunity be changed to equal success, is the exact type of Socialism that reduced Venezuela from the 4th wealthiest nation to the 156th.
Thankfully, even liberal news outlets are sounding the alarms:
-START-
CNN BUSINESS NEWS
Harris’ plan to stop price gouging could create more problems than it solves
https://www.cnn.com/2024/08/16/business/harris-price-gouging-ban-inflation/index.html
WASHINGTON POST EDITORIAL PAGE
The times demand serious economic ideas. Harris supplies gimmicks.
‘Price gouging’ is not causing inflation. So why is the vice president promising to stamp it out?
https://www.washingtonpost.com/opinions/2024/08/16/harris-economy-plan-gimmicks/
-END-
Even Obama's Economic Advisor Jason Furman slammed it as a bad idea to the NY Times.
"This is not sensible policy, and I think the biggest hope is that it ends up being a lot of rhetoric and no reality."
This nutcase must be stopped.
Dimension:
599 x 409
File Size:
99.08 Kb
Be the first person to like this.
