Kamrade Kamala goes full in on Soviet-Style Price Controls: Kamala Harris to Announce Soviet-Style Price Controls on Food Under Guise of 'Gouging Ban' (breitbart.com) 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. 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. Harris to Call For ‘Price Gouging’ Ban on Food and Groceries | TIME Harris plans to direct the Federal Trade Commission and other agencies to investigate and penalize “big corporations” that violate the rules, and to find other ways of tackling price fixing and other anti-competitive practices in the food and grocery industries, her campaign said late Wednesday night. While price controls have a checkered history in the U.S,, Harris’ team is working to quickly add some proposals to the Biden administration’s achievements and goals, which are at the core of her campaign agenda. She will also detail plans to cut prescription drug and housing costs in an economic address during a visit to Raleigh, North Carolina on Friday. Can anyone be surprised that the non-democratically appointed democratic socialist communist party presidential candidate has launched a policy of federal government price controls in the capitalist/free market US economy? I'll answer for you, the answer is no. This is what you get when a party goes so far radical left that they lose touch with the American people and America as founded. The Harris/Walz ticket is so far left around the riverbend that they cannot be seen by the majority of Americans, republicans and independents anyway. For our lefties here it's just more anti-America news they love.
Actually breaking up monopolies and oligopolies along with preventing defacto collusion and price fixing isn't Soviet style price fixing it's ensuring that free market capitalism functions more effectively. Unless I missed it Harris never proposed that the government actually set prices. Vigorous enforcement of anti-trust laws isn't price fixing, it's the opposite.
Typical. Posts made without reading either article. I expected as much from our anti-American lefties here.
I’m good with someone proposing a solution. Anti price-gouging and price-fixing laws are nothing new…. Even that communist socialist state of Florida has them….
Actually the Time magazine article seems to track my post which focuses on Harris's proposal to enforce anti-trust laws, not so much with the Breitbart article which implies that Harris will propose actual price controls under which the government sets prices. She didn't and will not do so. From the Time article. Harris plans to direct the Federal Trade Commission and other agencies to investigate and penalize “big corporations” that violate the rules, and to find other ways of tackling price fixing and other anti-competitive practices in the food and grocery industries, her campaign said late Wednesday night. Harris, in her speech, will specifically single out the highly consolidated meat industry, deeming its processing middlemen “particularly egregious” price fixers with a history of being found to have illegally controlled prices. She also plans to direct her administration to carefully scrutinize proposed mergers between large food companies with an emphasis on considering whether they will result in higher grocery prices for consumers. That work would include continuing to examine the proposed merger between Kroger Co. and Albertsons Cos., which faces challenges from the FTC and several states.
From the Times Article that you didn't address ad it adds to the picture of a federal government attempting to take over the economy: She will also detail plans to cut prescription drug and housing costs in an economic address during a visit to Raleigh, North Carolina on Friday.
Poor Pub victims of rampant socialism. Poster must abhor forcing Big Pharma to charge Americans about the prices the rest of the world already pays. U.S. Announces Prices for First Drugs Picked for Medicare Negotiations "The Biden administration on Thursday announced the results of landmark price negotiations between Medicare and the pharmaceutical companies over the prices of 10 costly or common medications taken by millions of older Americans. Had the new prices been in effect last year, Medicare would have saved $6 billion, administration officials said. The selected drugs account for some of the highest Medicare spending, have been on the market for years and do not face competition."
Oh, the humanity!! How dare Harris come up with proposals to cut drug prices and housing costs?! What horrors will she think of next?
I guess you can call it taking over the economy if you consider enforcement of anti-trust legislation that's been on the books for well over a century to be "taking over the economy". As far as negotiating drug prices is concerned state and local governments do so, private insurance companies do so and even one federal agency, the VA does it.
You complain about high grocery prices, so aren't you at least a little concerned about companies making record profits during a period of high inflation? Here's a proposal aimed to address one of your biggest concerns and yet you hate it.
— So if Trump would’ve proposed this, you would’ve been okay with it? You would’ve not started another thread bashing him? Just curious.
I've heard that a few times, and the "wealthy" part keeps standing out to me. Who has praised Kamala for being "so wealthy" lol? Was that a MAGA projection since Trump so often brags about how rich he is?
I call it weaponization of the federal government which is typical of both Joe Biden and Kamrade Harris.
Why hasn't the current administration done something about the price gouging in food products. Apparently, this is such a significant and widespread problem, that it now warrants action by the federal government.
Think I saw recent posts praising Trump for trying to lower drug prices. Is that now bad? To me, the devil is in the details. I've never liked the idea of government setting price controls, particularly when consumers have options. However, if government can negotiate more affordable drug prices, for example, I'm good with that. I'm also open to discussion about whether anti-trust laws have been sufficiently enforced.
