Trump brands Kamala Harris’s lower grocery prices policy ‘communist’
Trump brands Kamala Harris’s lower grocery prices policy ‘communist’
He says vice-president’s plan to ban ‘price gouging’ is ‘something straight out of Venezuela or the Soviet Union’
Wait... wasn't he just giving a "press conference" about how grocery prices have gone up? If not price controls, what will hinder price gouging?
Only he can do it. With big numbers, the best. I mean low
Only by giving massive amounts of no-strings-attached government money to Smithfield and ConAgra while lightly scolding them about shrinkflation can we address high grocery costs!
We need to De-Woke the agricultural sector. There are too many regulations. Not enough people can keep a cow in their back yard and sell milk to the neighbors.
Retvrn to Tradition!
More tax reliefs for rich people.
Well, we're still waiting for the details on that "amazing" healthcare plan him and his team lied about having when they tried to repeal the Affordable Care Act, so I'm sure it's just around the corner!
Did he actually say that? I just saw the dumbass holding up two sizes of tic tacs and idiotically proclaiming "tHiS iS iNfLaTioN".
I genuinely wish we lived in the world they fear so much
Same
Surely linking affordable groceries to communism will make affordable groceries less popular rather than communism more popular.
Arise, you prisoners of starvation!
Arise, you wretched of the earth!
For justice thunders condemnation.
A better world's in birth.
Hell that was cool. Thunder struck outside as I read those lines.
The reason publicly traded companies continually raise prices is the pressure from Wall Street to continually make more money than you did last month, last quarter, last year.
Say you sell 1,000,000 hamburgers and make a 20% profit on it.
Unless you make more money next year, selling that same 1,000,000 hamburgers, Wall Street is going to punish you. They don't care that you're profitable.
You either sell more burgers or raise prices.
Yeah. They treat profit like a necessary business expense or a cost, and balance their budgets around it. Which perverts a fundamental of economics.
I'm starting to think the stock market is just a really awful bank that is sometimes also a ponzi scheme.
The stock market IS a ponzi scheme, and the embodiment or everything that's wrong with capitalism. It encourages greed and drives enshittification. It's a system by the wealthy, for the wealthy (like 90% of stock is owned by the richest 10%, and most of that is owned by the top 0.1%). Expectations of infinite growth on a planet with finite resources is insane.
Most of the human population would prefer (and benefit from) less greed, less enshitification, cheaper housing, cheaper groceries, cheaper products — than the possibility to own a share of evilcorp.
Thank Jack Welch and Milton Friedman
A while back, Exxon set a record for any company in a quarter and everyone was going "Wooo!" and I was like "Well, gas prices are going up then... Think about next quarter and this quarter next year..."
And Leo Strauss.
USA has a really wrong idea of fiduciary duty.
Or lower content, or use cheaper content, or fire people and make the people staying work 10% more for the same salary, ... every year.
It is because enough people don’t bother to price shop.
They have to turn inventory or they will quickly go broke.
If you switch to the cheaper option they have to react. If you shrug and pay, they win.
Kamala’s plan is some sort of vague “stop price gouging,” but Trumps plan is even vaguer. His plan was to hold a press conference next to some sausages and say that his administration would lower prices. He gave even fewer specifics.
His actual plans are project 2025.
He has no actual plans beyond "stay out of prison by going to the White House."
Project 2025 is the plan of all the people he's going to appoint if he gets in.
I mean... Price control is kinda anti-capitalist, he's not wrong.
And no I will not vote for Donald Trump.
IDGAF what they call it. Lower the damn prices! Sacrifice a billionaire to the capitalist god or something.
I mean... Price control is kinda anti-capitalist,
Good. Fuck capitalism.
The Nature of Capitalism
Price control is kinda anti-capitalist, he’s not wrong.
It's authoritarian, but still very capitalist in function. The state is regulating the rate at which you can raise prices, not who profits from the sales.
And no I will not vote for Donald Trump.
I wouldn't lose too much sleep over the decision. In the end, I predict this election will be decided 6-3.
I wouldn't lose too much sleep over the decision. In the end, I predict this election will be decided 6-3.
Only if they agree to hear the case. I'm not sure ACB or Gorsuch like him as much as people think. The elections are run by the states. Unless a super close Florida Bush/Gore situation happens I doubt it will even reach the SC.
The problem is that it's anti free market.
You can make regulation for standards of quality and transparency, and regulation against unfair business practices and monopolies.
These things stimulate fair competition, and help consumers make good choices. Which generally result in fair value for consumers.
But you can't dictate prices, it never works and it has been tried many times in many countries, and every time the result is shortage of the price regulated items.If the price is set so low there are no profits, the goods simply disappear from the market. Nobody wants to work for free.
If the price is set high enough for companies to still profit, it has little or no effect in a competitive market anyway, and is unnecessary.
It might even keep prices higher, because the industry sees it as a floor they don't need to go under, and it works like a cartel price setting.We don't have a true free market anyhow. Corn subsidies (among other policies) anyone?
Trump called it "the Maduro plan" and I'm laughing. What an idiot!
I should have known, when I read all the comments posted under the story I read about it earlier. Nonetheless, there is the ongoing issue wrt Palestinians and their plight.
Only words left in the conservative vocabulary: "Socialist" and "communist"
I think there is a difference between price-fixing and putting a stop to price-gouging.
Well of course paying lower prices is clearly communist /s
Fucking called it. That's all he knows to do.
Did he confuse the word consumerist ?
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These prices went up under Biden, and Kommunist Camala wants to lower them!
-him, probably
You all heard it hear first, he wants to be the bread man for the Florida region.
Oh come on. The rhetoric is insane . I live in Florida and price gouging during a hurricane or other emergency is absolutely illegal here, there's a hotline to call if you see it. There is a difference between raising prices because your costs have gone up, and price gouging. If the invisible hand of the market isn't working (big surprise, ha) that's what laws are for.
Is Trump the "invisible hand of the marker"? LOL
I recall this recent quote from him at Bedminster when asked about his campaign strategy: "All I have to do is define her as a Communist or a Socialist or say she will destroy America."
Isn't he the same guy who's been promising to cut energy costs "in half or less than half," eh?
Ride is late, had time to watch the video. Salient points. https://youtu.be/iWf7PPhGGCM