Kamala Harris says she’s going to lower prices.

[tahuyaman]

Well, that is true to. But it is not proof gouging doesn't occur.

Grocery stores have a profit margin of 1 to 3%. That’s not price gouging.

 

[Toddsterpatriot]

So you are saying what "price gouging" is to the Democrats, is the same as the "border issue" for Republicans?

Ten of thousands of illegal aliens taking up hundreds of millions in tax dollars here in Chicago are clear to see. We even had a measles outbreak!

Price gouging.....nope, still a figment of Kamala's commie imagination.

 

[dblack]

Kamala just need to cut me a check. If she really wants my vote. At least 50k. And the check better clear before election day.

 

[Billo_Really]

Grocery stores have a profit margin of 1 to 3%. That’s not price gouging.

It costs $20 for a brick of cheese, that is gouging!

 

[Billo_Really]

Ten of thousands of illegal aliens taking up hundreds of millions in tax dollars here in Chicago are clear to see. We even had a measles outbreak!

Price gouging.....nope, still a figment of Kamala's commie imagination.

That's just a bullshit, right wing lie.

 

[dblack]

It costs $20 for a brick of cheese, that is gouging!

No. It's not. It's just a ridiculously high price for cheese. Democrats are only invoking "gouging" because it was, and still is, a wedge issue to justify state control over markets - a longstanding, if undeclared, ambition of the left.

The original excuse for price gouging laws was to ensure that people had access to necessities during an emergency. But most liberal solutions for "emergencies" tend to hang around and get expanded to suit the ambitions of politicians. That's what's happening here.

There's no "gouging". Just good old fashioned inflation. That happens when you pump a lot of fake money into the economy. And that's what we did in the response to covid. Now we have to deal with the repercussions.

 

[Billo_Really]

No. It's not. It's just a ridiculously high price for cheese. Democrats are only invoking "gouging" because it was, and still is, a wedge issue to justify state control over markets - a longstanding, if undeclared, ambition of the left.

The original excuse for price gouging laws was to ensure that people had access to necessities during an emergency. But most liberal solutions for "emergencies" tend to hang around and get expanded to suit the ambitions of politicians. That's what's happening here.

There's no "gouging". Just good old fashioned inflation. That happens when you pump a lot of fake money into the economy. And that's what we did in the response to covid. Now we have to deal with the repercussions.

It's no different than your border issue!

 

[dblack]

It's no different than your border issue!

I don't have a "border issue". But you're right. It's not much different. Fake solutions to from fake leaders to herd voters their way.

 

[Billo_Really]

I don't have a "border issue".

The Republicans do.

 

[dblack]

The Republicans do.

I can't care.

The price "gouging" issue is populist horseshit excuse for more government intervention in the market.

 

[Billo_Really]

I can't care.

The price "gouging" issue is populist horseshit excuse for more government intervention in the market.

That's what I say about the border issue.

 

[dblack]

That's what I say about the border issue.

Yep. Shame you can't see it when your side does that same thing. The partisan ship is sinking.

 

[Billo_Really]

Yep. Shame you can't see it when your side does that same thing. The partisan ship is sinking.

I am the least partisan member of this website!

 

[dblack]

I am the least partisan member of this website!

LOL - if you say so.

 

[Lisa558]

How is she going to do this? Seems her top priority is to go after corporations for “gauging”. What a crock of shit. If regulations on corporations were lowered and energy policies relaxed, and prices were still high, THEN you could explore going after corporations for gauging.

The reality is that Kamala Harris is even more Left than Joe Biden and will not back off heavy regulations and restrictive domestic energy policies - which, if anyone knows anything about economics, heavy regulation from the government results in high prices.

https://www.politico.com/newsletters/weekly-agriculture/2024/08/05/whats-harris-plan-to-fight-high-food-prices-00172585

Can you change the title to “Kamala says she is going to cause a massive food shortage”? Because that’s what her CC (cockamamie Communist) policies will cause.

 

[Lisa558]

What matters is what Americans are feeling now. Harris knows it which is why she is promising to lower prices should she win. She offers no specifics. I offer that many of the regulations put in place by Biden-Harris have increased costs for businesses.

She’s counting on the stupidity of the American voter to win the election, and this is very possible.

 

[Lisa558]

The real question is why doesn't she do it now? Her and joe were supposedly in charge and their party in charge for 4 years. If they could actually change it then why haven't they already? And why did they let it happen to begin with?

Saying "elect me and I'll lower prices" is trying to hold people hostage financially.

But at the end of the day she won't do anything and IF she responds to it then she will blame trump and Republicans or Russia or racists or something else.

Why doesn’t she do it right now? Because it would result in food shortages and rations, and that’s not a good look before the election.

Now here’s my question: are the majority of Americans uneducated and stupid enough to fall for it?

 

[toobfreak]

Kamala Harris says she’s going to lower prices.​

This from a woman who has never lowered the cost of a single thing in her life.
Just trust her--- she'll get it done.

 

[toobfreak]

Neither party is being honest with America over what caused inflation, because both played a role in it.

Spell it out-- what caused inflation?

 

[Mac1958]

Spell it out-- what caused inflation?

Since I know I'll be wasting my time, I'll just cut and paste from a prior post.

You will not understand it. You will deny it. You will dismiss it. But you asked.

===

1. All told, through 2020, about $11 TRILLION in stimulus is pumped into the economy in response to the 2009 Meltdown and resulting weaknesses
2. Parenthetically, personally, I'd trace the origin of the Meltdown to the repeal of Glass Steagall (Clinton)
3. The Fed purposely and aggressively keeps interest rates as low as possible, perhaps overly concerned about a return to the Meltdown
4. We ALL go all those years waiting for all this stimulus to create MASSIVE inflation. EVERYONE knew what was eventually coming
5. COVID hits and the economy falls into complete structural disarray and becomes wildly uneven across the sectors
6. COVID subsides, many industries struggle to re-open and reorganize, having lost employees and having made big systemic changes
7. Flush with cash, macroeconomic demand explodes globally coming out of the COVID lockdowns
8. Supply chains, ill prepared and weakened after the lockdowns, immediately collapse worldwide, across virtually all industry (production/distribution) strata, clogging economic arteries, essentially creating a global economic heart attack
9. As a result, the global supply/demand balance fails, inflation flares, and it rapidly compounds on itself with supply chains still paralyzed
10. The inflation feeds on itself and creates a domino effect across virtually all macroeconomic strata
11. The Fed waits FAR too long (maybe 8 to 10 months) to gradually (or not so gradually) control the inflation with higher rates
12. Far behind the curve, the Fed starts increasing rates quickly and the profound strain on the banking system (particularly regional) begins
13. The resulting broad-based increased interest rates damn near put a boot on the throat of the economy, but the economy continues to grow through the inflation
14. Global supply chains are finally largely repaired and functioning across the board, which was the other primary issue distorting markets
15. Today, inflation has decreased, but there are a few signs of weakness/danger, so the "soft landing" theory is being tested

===

It was inevitable. And your agreement with the above is not required.