Kamala doesn't know history much less how economics works..

[berg80]

Kamala Harris allies say plan to ban ‘price gouging’ has been misconstrued​

Vice President Kamala Harris’s proposal last week to ban price gouging in certain sectors has spurred backlash from some Democratic economists, provoked consternation among business groups and emerged quickly as a focus of Donald Trump’s on the campaign trail.

Harris’s allies, however, are arguing both publicly and privately that her plans have been taken out of context, and that the idea is a targeted expansion of existing state powers rather than new government “price controls” that would transform the U.S. economy.

In a statement released last week, the Harris campaign called for the “first-ever” ban on price gouging in the grocery and food industries. The campaign provided few details about how such a prohibition would work in practice, but said it would enable the Federal Trade Commission to impose large fines on “excessive” price hikes.

https://www.washingtonpost.com/business/2024/08/20/kamala-harris-price-gouging-proposal/

I wouldn't use the word misconstrued. I'd describe it as purposefully misrepresented.

 

[Concerned American]

I wouldn't use the word misconstrued. I'd describe it as purposefully misrepresented.

Fat chance, moron. She said what she said. "ban on price gouging." They also said that Walz is a "retired command SgtMaj." which is also a bald faced lie. They also introduced him last night as a "command SgtMaj" Another lie. Misrepresented? How about "Trump told me to drink bleach." That was blatant misrepresentation by YOU and your lying DNC democrats. OWN IT.

 

[Nostra]

Kamala Harris allies say plan to ban ‘price gouging’ has been misconstrued​

Vice President Kamala Harris’s proposal last week to ban price gouging in certain sectors has spurred backlash from some Democratic economists, provoked consternation among business groups and emerged quickly as a focus of Donald Trump’s on the campaign trail.

Harris’s allies, however, are arguing both publicly and privately that her plans have been taken out of context, and that the idea is a targeted expansion of existing state powers rather than new government “price controls” that would transform the U.S. economy.

In a statement released last week, the Harris campaign called for the “first-ever” ban on price gouging in the grocery and food industries. The campaign provided few details about how such a prohibition would work in practice, but said it would enable the Federal Trade Commission to impose large fines on “excessive” price hikes.

https://www.washingtonpost.com/business/2024/08/20/kamala-harris-price-gouging-proposal/

I wouldn't use the word misconstrued. I'd describe it as purposefully misrepresented.

Hey stupid, there is only one way for the Govt to "ban price gouging" as they see it. And that is for the Govt to tell businesses what they can charge.

Dumbest idea ever, which is why you like it.

 

[dudmuck]

Hey stupid, there is only one way for the Govt to "ban price gouging" as they see it. And that is for the Govt to tell businesses what they can charge.

Dumbest idea ever, which is why you like it.

 

[Concerned American]

Very funny. Self portrait? BTW, first its lower grocery prices. Then its lower wages for those $20/hr. burger flippers or the $15/hr field workers. LOL -- don't take your make up off.

 

[Lesh]

Ya have to wonder about these right wingers who claim to be rich whining about the cost of eggs. Or bitching that a tank full of gas costs 2 bucks more than it did five years ago

 

[Cellblock2429]

/—-/ That meme proves you couldn’t run a Kool Aid stand without adult supervision.

 

[SassyIrishLass]

/—-/ That meme proves you couldn’t run a Kool Aid stand without adult supervision.

Given the attack on children an adult should supervise a child ran stand

 

[sealybobo]

Very funny. Self portrait? BTW, first its lower grocery prices. Then its lower wages for those $20/hr. burger flippers or the $15/hr field workers. LOL -- don't take your make up off.

I thought you and trump want uneducated blue collar workers to do better?

 

[Captain Caveman]

Price gouging is 100% not inflation.

(UK here) If I had one million of your dollars, I would bet one million and one dollar that your Democrats know fuck all about economics.

Labour here are in the same boat.

 

[Couchpotato]

(UK here) If I had one million of your dollars, I would bet one million and one dollar that your Democrats know fuck all about economics.

Labour here are in the same boat.

I think very few politicians know much about economics.

 

[Captain Caveman]

I think very few politicians know much about economics.

Amazing how politicians ramp up their wealth inline with national debt increase, in both the UK and US.

What would happen if there was a law saying that after each government term, any increase in national debt has to be funded by the politician's pockets and assets that were in government over that period? Any that leaves or joins in that period, pays pro rata.

Or treat them like a private business, so wage is determined on performance? At least they have the knowledge they can't go minimum wage.

 

[irosie91]

Amazing how politicians ramp up their wealth inline with national debt increase, in both the UK and US.

What would happen if there was a law saying that after each government term, any increase in national debt has to be funded by the politician's pockets and assets that were in government over that period? Any that leaves or joins in that period, pays pro rata.

Or treat them like a private business, so wage is determined on performance? At least they have the knowledge they can't go minimum wage.

go back to sleep----sweet dreams!!!!

 

[Captain Caveman]

go back to sleep----sweet dreams!!!!

You're on benefits/welfare, aren't you?

 

[healthmyths]

Amazing how politicians ramp up their wealth inline with national debt increase, in both the UK and US.

What would happen if there was a law saying that after each government term, any increase in national debt has to be funded by the politician's pockets and assets that were in government over that period? Any that leaves or joins in that period, pays pro rata.

Or treat them like a private business, so wage is determined on performance? At least they have the knowledge they can't go minimum wage.

In 2016, Trump was worth $3.7 billion, according to Forbes.
That dropped to $3.1 billion in 2017 and held there for 2018 and 2019.
But this year Trump’s net worth dropped to $2.5 billion.
That $600 million decline led Trump to drop from the 275th richest person in America in 2019 to the 352nd richest in 2020 – a drop of 77 spots. (It took a net worth of $2.1 billion to make the top 400.)

Donald Trump is a lot less rich today than when he was elected president | CNN Politics

President Donald Trump said in October 2019 that being president is costing him money. Lots of it.

www.cnn.com

Now as for Joe Biden?
Key Takeaways. President Joe Biden and first lady Jill Biden havean estimated net worth of $10 million
Forbes estimated Biden and his wife's net worth in 2019 as $9 million. This was based on the $4 million value of their two Delaware homes, cash and investmentsvalued at $4 million and a federal pension worth more than $1 million.

Forbes did not calculate his net worth in 2022. But the outlet estimated his net worth rose to about $10 million in 2023. A USA TODAY review of Biden's financial disclosures in 2022 and 2023 found no significant changes in his assets or liabilities, so it is reasonable to assume his net worth was in that range in 2022.

Biden, Harris net worth nowhere near viral post's claim | Fact check

The post exaggerates Biden and Harris' net worths by tens of millions of dollars. Neither has a net worth that exceeds $11 million, Forbes reports.

www.usatoday.com

 

[Captain Caveman]

In 2016, Trump was worth $3.7 billion, according to Forbes.
That dropped to $3.1 billion in 2017 and held there for 2018 and 2019.
But this year Trump’s net worth dropped to $2.5 billion.
That $600 million decline led Trump to drop from the 275th richest person in America in 2019 to the 352nd richest in 2020 – a drop of 77 spots. (It took a net worth of $2.1 billion to make the top 400.)

Donald Trump is a lot less rich today than when he was elected president | CNN Politics

President Donald Trump said in October 2019 that being president is costing him money. Lots of it.

www.cnn.com

Now as for Joe Biden?
Key Takeaways. President Joe Biden and first lady Jill Biden havean estimated net worth of $10 million
Forbes estimated Biden and his wife's net worth in 2019 as $9 million. This was based on the $4 million value of their two Delaware homes, cash and investmentsvalued at $4 million and a federal pension worth more than $1 million.

Forbes did not calculate his net worth in 2022. But the outlet estimated his net worth rose to about $10 million in 2023. A USA TODAY review of Biden's financial disclosures in 2022 and 2023 found no significant changes in his assets or liabilities, so it is reasonable to assume his net worth was in that range in 2022.

Biden, Harris net worth nowhere near viral post's claim | Fact check

The post exaggerates Biden and Harris' net worths by tens of millions of dollars. Neither has a net worth that exceeds $11 million, Forbes reports.

www.usatoday.com

Yes, I believe Trump is probably the only politician who's wealth dropped, all the others increased. If you ask a Lefty, all you get is, "Book deals, selling books".

 

[irosie91]

You're on benefits/welfare, aren't you?

MYOB----not nice to ask such a question-----HOWEVER you vile disgusting POS-----no

 

[Captain Caveman]

MYOB----not nice to ask such a question-----HOWEVER you vile disgusting POS-----no

So that's a yes, a society money grabber.

 

[healthmyths]

Yes, I believe Trump is probably the only politician who's wealth dropped, all the others increased. If you ask a Lefty, all you get is, "Book deals, selling books".

speeches...
Here's a look at how much America's four living former presidents earn on the speaking trail.
Bill Clinton
He gives dozens of speeches a year and each brings in between $250,000 and $500,000 per engagement
Barack Obama
came under fire from fellow Democrats when it was revealed he was being paid $1.2 million for three separate speeches to Wall Street groups. That's $400,000 per speech
George W. Bush earns between $100,000 and $175,000 per speech
Jimmy Carter $50,000 at one time,

How Much Do Former Presidents Get Paid in Speaking Fees? Hint: A Lot

Find out much former U.S. presidents are paid to speak. Learn how much they earn a year on the speaking circuit. Find out who gets paid the most.

www.thoughtco.com

 

[irosie91]

So that's a yes, a society money grabber.

speak for yourself----I have worked all my long worn out life---
PARASITE !!!!!!