The Democrats should not be discussing policy. They ran a truly brilliant campaign with Biden where he said next to nothing and hid. If they are smart they will do the same with Kamala. The mainstream media will not question her.
We won WWII ... seems like it worked pretty well. FDR even had the government take over Montgomery Ward factories when they refused to comply with a labor agreement.
Close but no cigars. Trump said energy and electricity. He didn't say a word here on gasoline, but he will bring that cost down too. It remains to be seen how much, but they will go down under Trump.
Prices are too high due to greedflation despite inflation being down: Biden's fault, do something about it! Harris advocates price controls: Socialism! Communism! You can't do that!
I wish they would focus on removing the poison from our food instead. We have to much crap in our processed foods. Profit in front of health.
The felon should have claimed he was slashing health care costs in half.... certainly it was in his health care plan that was only two weeks away from announcement. Perhaps the plan was to get Mexico to pay for it?
For those who think this is a good or defensible idea, I have some questions: 1. Since chains like Publix, or other high end chains, have higher prices, and maybe higher profits, should they be fined by the feds? 2. If higher prices are bad, why do some people shop at Publix and not at Walmart Costco or Aldi? Do we want to reduce shoppers choices to drive down prices? 3. If Publix is 20% higher than Aldi’s hypothetically and Aldi increases prices 10%, but Publix stands pat, do we punish Publix ALDIs or both? 4. Why when we say we are going to punish price increases, is that on and item by item basis, or overall as a whole? What happens if/when the product sales mix changes? How do you measure net price increase? 5. So are we penalizing based on gross prices, margin or profit with allocated overheads? What system of overhead allocation do we use? Do we need to have federal laws like federal defense contractors that have overhead allocation methodologies? 6. So when we say groceries, is that everything in a grocery strore or specific items on in a grocery store, or specific items anywhere? What about the Dollar store, Dollar General? Convenience store? Walgreens? Doesn’t include food only, or staples, paper towels, soft drinks, candy, beer, big giant balloons by the front door, make up items, OTC meds? 7. So what prices do we use? Gross prices? Sale prices? Prices before or after coupons or member rewards? I’d really like to know how our new Department of Grocery Price Fairness and Integrity is going to work. Thanks in advance for your answers.
Kamala will ruin the Publix experience. We’ll just have a bunch of Winn-Dixie’s after she is done. And then she’ll mandate the store to drop the “Dixie” in its name and it’ll just be called “Winn”.
Earlier today I was trying to think of a policy idea as dumb as this in the last 50 years. Then I saw this. https://www.washingtonpost.com/opinions/2024/08/15/kamala-harris-price-gouging-groceries/ Opinion When your opponent calls you ‘communist,’ maybe don’t propose price controls? It’s hard to exaggerate how bad Kamala Harris’s price-gouging proposal is. It’s hard to exaggerate how bad this policy is. It is, in all but name, a sweeping set of government-enforced price controls across every industry, not only food. Supply and demand would no longer determine prices or profit levels. Far-off Washington bureaucrats would. The FTC would be able to tell, say, a Kroger in Ohio the acceptable price it can charge for milk. At best, this would lead to shortages, black markets and hoarding, among other distortions seen previous times countries tried to limit price growth by fiat. (There’s a reason narrower “price gouging” laws that exist in some U.S. states are rarely invoked.) At worst, it might accidentallyraise prices. That’s because, among other things, the legislation would ban companies from offering lower prices to a big customer such as Costco than to Joe’s Corner Store, which means quantity discounts are in trouble. Worse, it would require public companies to publish detailed internal data about costs, margins, contracts and their future pricing strategies. Posting cost and pricing plans publicly is a fantastic way for companies tocollude to keep prices higher — all facilitated by the government.
Too much money to be made selling crap in the US. We subsidize crap food and let so many additives into our food that is banned in Europe. It would also end up being a political thing with screams of over regulation.
