Kamala Harris economic plan to focus on groceries, housing and healthcare
Kamala Harris economic plan to focus on groceries, housing and healthcare
Democratic nominee to draw contrast with Trump on tax and tariffs when she lays out plans on Friday, aides say
Democratic nominee to draw contrast with Trump on tax and tariffs when she lays out details on Friday, aides say
Kamala Harris will announce plans to tackle high grocery costs by targeting corporations in the food and grocery industry, as she previews her economic agenda ahead of the November election.
She will also tackle prescription drug and housing costs, drawing a contrast with Trump on tariffs and taxes, according to a Harris campaign statement.
Harris is expected to lay out some details of her economic plan in a speech in North Carolina on Friday.
“Same values, different vision,” said one aide, describing how Harris’s economic agenda will compare with that of Joe Biden, who stepped aside as the Democratic presidential candidate last month.
Break up Kroger and Albertsons if you wanna help with grocery prices. They have no competition so they just keep jacking up prices.
Also digital coupons can go fuck themselves.
Grocery is a very low margin business, even at the conglomerate stores.
The food producers are the problem. Cargill is one example.
Them too! Break up all this shit.
No competition? Walmart is their competitors. So is Target.
Hey i need those things
We live in capitalism. How do you mandate lower grocery prices in that?
(I guess we find out Friday?)
Having a strong and active FTC working to break apart (almost) monopolistic grocery store chains would be a good start.
How do you mandate lower grocery prices in that?
You don't. Price controls don't work and usually backfire in the long run.
Instead, you modify the incentives which exist around prices via taxation. As a simplified example, if you want to prioritize lower prices on staples such as milk, vegetables or beef, then businesses which can show that their margins on those products are within a defined range pay 1% less on corporate taxes. The numbers and ranges would need to be discovered via both study and experimentation. But, by tying a savings for those business to their behavior, said behavior can be influenced. The prices can then be further manipulated lower in the logistical chain, either by direct subsidy or via similar manipulation of incentives to growers and distributors.We live in capitalism.
Yes, but functional capitalism requires regulation to prevent monopolies, collusion and other activities which distort markets. And there are plenty of areas where capitalism fails and government (read:socialism) needs to step in to provide something which society needs, but for which the incentives do not exist to provide it in an efficient manner. Or for which the efficient providing of that thing creates moral hazards. There is a reason we don't privatize the military.
You break up monopolies
So far, I’m pleased with the advice her campaign seems to be taking. Maybe being “just outside the bubble” has helped her.
Harris no longer supports measures from her short-lived 2020 presidential bid such as a fracking ban or Medicare for All, advisers told Reuters. Not all of the elements of Harris’ economic agenda will make it to the Friday speech, a draft of which is still in the works. Her campaign said it wanted to avoid dividing voters and attracting attacks from business groups over granular details, and will be “strategically ambiguous” in areas such as energy.
looks like we are just getting another lame duck democrat with a watered-down plan that does nothing in the end for the US people
we still need the minimum wage raised for everybody too but democrats think raising it just for the federal workers somehow translates to all people and we need universal healthcare
another wasted four years we could be fixing shit here we go again
goodbye progress
and no one holds the Democrats liable for doing nothing because it is all the Republicans fault
you can already hear the next repeat election
Jesus Christ bro, all you fucking do is bitch and cry about every little thing a Democrat does but have no reaction when it's a fucking republican. Just stfu with your apathetic bs
I'm pretty liberal myself, but calm tfd dude. It's an open platform and in fighting only improves the democrats
Pressuring Democrats to deliver for the working class is a good thing. Organizing around these issues show them that they're important and not a liability, but an asset. My guess is they're taking big insurance money and that's why they aren't going to deliver on healthcare save for some very minor changes.
Get off the cross, we need the wood
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https://www.theguardian.com/us-news/article/2024/aug/14/kamala-harris-economic-policy-aides
