If "price gouging" is happening, why didn't Biden & Harris stop it? (Poll)

Is price gouging causing inflation, or are Biden/Harris policies causing it?

  • Price gouging by greedy corporations is causing inflation

    Votes: 5 13.5%
  • Biden/Harris policies are causing inflation

    Votes: 32 86.5%

  • Total voters
    37
Be specific, hell you are all over the place. Give us the EOs and EPA regulations.
I listed them out. You need to brush up on economics and understand that increased regulations from the government on businesses and increased taxes on businesses mean more costs for businesses which get past on to the customers. It’s that simple.
 
I listed them out. You need to brush up on economics and understand that increased regulations from the government on businesses and increased taxes on businesses mean more costs for businesses which get past on to the customers. It’s that simple.
Still waiting to hear about those specific policies, not just a weak ass opinion. When did Biden increase taxes?
 
No, you lied. Still waiting to hear about those policies.
You’ve been showed over and over

When are you going to stop deflecting from your lying? It’s so weird you can’t answer one question about kameltoe

You are such a little slave
 
I listed them out. You need to brush up on economics and understand that increased regulations from the government on businesses and increased taxes on businesses mean more costs for businesses which get past on to the customers. It’s that simple.
/——/ Libtards who couldn’t run a Kool Aide stand without adult supervision think businesses have an unlimited supply of cash just lying around.
And, it’s up to the Gubmint to grab some of it for the common good.
I’m not being facetious. I know libs who think that.
 
Still waiting to hear about those specific policies, not just a weak ass opinion. When did Biden increase taxes?
the inflation reduction act of 2022 on corporate tax increases;

- 15% Minimum Tax
-1 percent excise tax on all stock repurchases
 
/——/ Libtards who couldn’t run a Kool Aide stand without adult supervision think businesses have an unlimited supply of cash just lying around.
And, it’s up to the Gubmint to grab some of it for the common good.
I’m not being facetious. I know libs who think that.

Lemonade stands are being shut down nationwide for lack of permits…. Another example of increased regulation under the Left and their impact on even the most innocent entrepreneurial ventures.
 
Food manufacturing has undergone serious consolidation and so is dominated by just a handful of companies. They don’t need to coordinate to get the idea that they can all increase their prices and all reap more profits.

Free markets get less efficient when there are only a handful of major players.

If this is the case, we need to be investigating collusion and/or monopolies, not price fixing. Price fixing, if imposed, most certainly wouldn’t be limited to food manufacturing. The precedent would have been set that the government can control the prices for private industry. That is very dangerous.
 
Lemonade stands are being shut down nationwide for lack of permits…. Another example of increased regulation under the Left and their impact on even the most innocent entrepreneurial ventures.
/---/ Yes, I've read about that. A libs worst nightmare is a citizenry that doesn't need liberalism to survive.
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Raising taxes will reduce deficits which will help.

In the short term, but in the long term the economy slows, decreasing tax revenues and increasing personal debt. Prices are high due to high inflation over the last 3 years. Many need all their paycheck just for sustenance. Raising taxes will only put more pressure on them.

Replacing insurance with single payer will also reduce costs and reduce health care inflation.

Most certainly not the case for those of us with private insurance provided by our corporation. If Obamacare is any indication, the cost for those of us that make money will be exorbitant. You speak of lowering the deficit above and then talk about putting everyone on a single payer health system. Taxes would need to be raised significantly on everyone just to maintain the current deficit, much less lowering it. This doesn’t even account for the influx of illegals and migrants crossing the border that would be paying nothing and getting care. Of course another route would be to lower the quality of care by paying doctors much less, which is what the NHS does and why most doctors in the UK are foreign born. The best and the brightest in this country would no longer go that route, thus lowering the quality of care.

Deporting millions of people in the work force is going to worsen labor shortages and cause inflation

Then let’s let the entire world in for freebees. They can work, under the table, and send money back to their families. We need more workers to lower our costs, right? We will take care of them while they are here, they just won’t have to pay for anything nor be responsible for their own actions since we don’t even know who they are. Doesn’t sound logical does it? Yeah, its stupid.

Allowing people to work here is fine. Allowing them to walk across the border with no checks, giving them sanctuary and then pushing for amnesty is just plain dumb, unless the goal is to destroy our sovereignty and ultimately our country, in which case it is brilliant.

Tariffs and trade wars cause inflation.

This administration is implementing tariffs and Canada is following suit.

He’s going to blow up deficits and increase inflation.

The deficit under this administration is higher than the first 3 years of Trump’s. It is slightly lower than Trump’s 4th year but there was this thing called COVID at that time. I think you know all about inflation during this administration.

The proof is in the pudding. Both inflation and deficit spending were lower under Trump that Biden/Harris, with the exception of the COVID year.

Trump’s policies were far better for the underlying strength of our economy than Biden’s. Harris’ policies are even further left, meaning even worse that Biden.

Not to mention his crazy idea about having input on federal reserve rate changes to lower them quickly and drive up inflation.

Both rates and inflation were low under Trump. Not sure what you are talking about.

I didn’t mention anything about foriegn policy, but Biden’s is disasterous on nearly every level. There is no reason to think it would be better under a Harris administration. They have significantly weakened the US power throughout the world and caused worldwide instability. Our enemies don’t fear us because our leadership is soft as Charmin.
 
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You’ve been showed over and over

When are you going to stop deflecting from your lying? It’s so weird you can’t answer one question about kameltoe

You are such a little slave
No bootlicker, you made a statement that you can't backup. You just be running that DS and don't know WTF u r talking about.

I am pretty sure more white men have ran up in you than have VP Harris.
 
“Unproven”? That would be your claim of 15 million people let into the country.
Immigration experts said the number in the post is wrong. U.S. Customs and Border Protection has reported about 10 million nationwide encounters with removable noncitizens since 2021. The 51 million figure is also not plausible because estimates by immigration and research groups of the number of people living in the country illegally – regardless of when they arrived – ranges between 11 million and 17 million.
 
....and yet corporations are making RECORD profits.
Record profits? According to whom? What? Is every company in the S&P 500 making record profits? Are the profits raw numbers or are they record profit margins?

Do you know anything about business and economics? A company can be slapped with increased regulations and taxes which increases costs. The company can then pass those costs onto consumers by increasing prices. If demand drops because of the cost, then employees and other costs may need to be cut yet profits can increase.

Point being…. There is nothing sinful about profits. It’s why businesses exists. Yet, there is something sinful about over regulation and egregious tax policies which collectively fuck the consumer.
 
No bootlicker, you made a statement that you can't backup. You just be running that DS and don't know WTF u r talking about.

I am pretty sure more white men have ran up in you than have VP Harris.
hahaha alright kameltoe boy
 
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Immigration experts said the number in the post is wrong. U.S. Customs and Border Protection has reported about 10 million nationwide encounters with removable noncitizens since 2021. The 51 million figure is also not plausible because estimates by immigration and research groups of the number of people living in the country illegally – regardless of when they arrived – ranges between 11 million and 17 million.
Regardless of when they arrived.

You know there were illegal immigrants living in the country before Biden took office, right?
 
Regardless of when they arrived.

You know there were illegal immigrants living in the country before Biden took office, right?
People were also dealing drugs, and murdering people, doesn't mean we should stop enforcing drug and homicide laws, like Harris and Xiden did with immigration laws.
 
Is price gouging by greedy corporations happening or not?

If so, why didn't Biden and Harris stop it, there are laws on the books already. Show us examples.

If not, then why are they lying?

That's an easy one. Biden and Harris are lying about price gouging. Its their stupid policies that are causing runaway inflation.

Harris’ plan to stop price gouging could create more problems than it solves​

Jason Furman, a top economist in the Obama administration, shared Roberts’ view that anti-price gouging laws could inadvertently harm consumers. “This is not sensible policy, and I think the biggest hope is that it ends up being a lot of rhetoric and no reality,” he told the New York Times. “There’s no upside here, and there is some downside.”
The US has been subject to price gauging for gasoline since the 1970's. I've even had people defend the practice.

Gauging explained in simple terms.

You can either take your actual inventory cost, or you can take your inventory replacement cost as your cost basis.
If due to inflation or other market factors, the cost of the product is going up. Your inventory cost might be $100, but the cost to replenish your inventory in $110

Similarly if the cost of the product is going down, your inventory cost might be $100, but the cost to replenish your inventory is $90.

Typically with the cost of gasoline, when the price of crude oil is going up, they use the replacement cost as their cost basis, but when the price is going down, they switch to the replacement cost. In essence, using whichever one is greater.
 
The US has been subject to price gauging for gasoline since the 1970's. I've even had people defend the practice.

Gauging explained in simple terms.

You can either take your actual inventory cost, or you can take your inventory replacement cost as your cost basis.
If due to inflation or other market factors, the cost of the product is going up. Your inventory cost might be $100, but the cost to replenish your inventory in $110

Similarly if the cost of the product is going down, your inventory cost might be $100, but the cost to replenish your inventory is $90.

Typically with the cost of gasoline, when the price of crude oil is going up, they use the replacement cost as their cost basis, but when the price is going down, they switch to the replacement cost. In essence, using whichever one is greater.
What impact do regulations and taxes have in your analysis?
 
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