Price gouging as her first policy announcement? Really?

[Anonymous]

As it relates to price gouging, it is already illegal in 39 states and Washington DC., including RED states like: Florida, Texas, Tennessee, Oklahoma, Montana, Mississippi, Louisiana, Kentucky, Alabama.

So can one of the indignant republicans explain why it is ok in the red states but not at the federal level to protect all Americans?

[Anonymous]

Why do people think more closely monitoring, and more aggressive antitrust enforcement on mergers between grocery chains is price fixing? Someone explain this to me.

[Anonymous]

Anonymous wrote:

No, they don't help farmers. They HURT them... which causes the farmer to react... which creates more unintended consequences which is like a vicious loop and you don't seem to get it. Your policies are creating the problems in the first place.Fine, then take away the Agriculture subsidies and look how fast red Senators start crying about it

I want migrants OUT. They don't belong here and they distort the market. I want all subsidies to end. Some white boy or girl in their house decides not to work because they're getting a check. Pull that check. Get hungry. You'll work. Got it now? Other than disability, which has its highest rates in the white parts of Appalchia, no one gets federal aid for nothing. Clinton ended that in the 1990's. The whole "welfare queen" was made up by Reagan.

Why do you think all the mom & pop stores went away? They were driven out of business by the big boxes thanks to Washington DC. Now there's no competition and of course prices are high! Capitalism took most of the mom and pop stores, consolidation and growth of good ideas. It is the natural conclusion of a capitalist society. Washington DC has nothing to do with it. Except for maybe building highways that bypassed the downtown areas drawing customers away to the box stores that came

Same with Detroit and union labor. It artificially distorted the cost of labor, Asia saw that and took over. the Big 3 automakers made totally crappy cars in the late 1970's and 1980's which opened the door for Honda and Toyota to grow their market share with a better product, again, nothing to do with the cost of labor and everything to do with innovation and design Same with airlines airlines were deregulated under Reagan - it has been so awesome since, right ? , steel, electronics, and on and on. The more you do, the worse things get! JFC, you are thick-headed.

[Anonymous]

Anonymous wrote:

Anonymous wrote:So Biden let companies price gouge American consumers for his entire presidency and did nothing? Why doesn’t Biden do anything now?

IMHO, Biden is not a socialist. He was probably expecting market pressure to ease by the feds keeping the rate high. That's not happening, for different reasons, one of which is that people got used to paying high prices, so that companies kept those prices. It's kind of like high college costs. Why do some colleges cost so much compared to others? Because some people are willing to pay for them, so those colleges keep the prices artificially high.

Now, obviously, food is a necessity, not a college, so it's even more important that food prices remain affordable to some degree.

The rate of increase of prices has stabilized, however, it's not going to go to prepandemic levels. Too many changes in this world.

That doesn’t explain why Biden allowed food production companies to price gouge consumers.

Price gouging is an unfair or deceptive trade practices.

Price increases are not always price gouging. Retailers can raise the price of their products as supply and demand change.

The legal definition of price gouging is usually more specific to an emergency or a type of good or service. Most state laws relevant to price gouging consider whether the seller had a good reason to raise prices during the emergency.


https://www.findlaw.com/consumer/consumer-transactions/price-gouging-laws-by-state.html

This is a chart of state price gouging laws. I don’t see how anyone can define what is occurring in the United States regarding grocery costs, fuel costs, apartment rent and home buying costs, and general consumer goods and services prices increasing as “price gouging.”

Every state already has price gouging laws on their books to protect consumers.

Is each state’s AG supposed to sue every grocery store, food supplier, private home owners who put their house up for sale, every apartment/rental agency, basically every store or consumer facing business in their state? Every consumer good and service has increased in price. The AG will have to sue millions of people per state.

[Anonymous]

Anonymous wrote:

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Anonymous wrote:OK, I think she just put her first foot wrong. Prices were up 1% on groceries this past year. This is bizarre - brings back memories of ‘70s price controls.

What do you think?

Y'all have been yapping about how inflation and the economy is the most important issue for you. Well, here you go.

+1 What should her first priority be? Price gouging especially on groceries is impacts 90% of us.

It’s almost cute that you think government controlled prices will lower inflation.

Bless your heart

Well, it's cute that you think Trump can make it all better, when he can't even speak coherently.

Bless.

Trump can't make it all better, but he's definitely for less federal govt intervention and that has always failed on all fronts.

like federal intervention on women's bodies?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:OK, I think she just put her first foot wrong. Prices were up 1% on groceries this past year. This is bizarre - brings back memories of ‘70s price controls.

What do you think?

Y'all have been yapping about how inflation and the economy is the most important issue for you. Well, here you go.

+1 What should her first priority be? Price gouging especially on groceries is impacts 90% of us.

It’s almost cute that you think government controlled prices will lower inflation.

Bless your heart

Well, it's cute that you think Trump can make it all better, when he can't even speak coherently.

Bless.

Trump can't make it all better, but he's definitely for less federal govt intervention and that has always failed on all fronts.

I do expect him to do better than Kamala on the economics front.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:OK, I think she just put her first foot wrong. Prices were up 1% on groceries this past year. This is bizarre - brings back memories of ‘70s price controls.

What do you think?

Y'all have been yapping about how inflation and the economy is the most important issue for you. Well, here you go.

+1 What should her first priority be? Price gouging especially on groceries is impacts 90% of us.

It’s almost cute that you think government controlled prices will lower inflation.

Bless your heart

Government won’t control prices. It will investigate price fixing, which is common among poultry, dairy, and many other agricultural and food processors and corporations. It’s not the farmers. It’s not the grocers. It’s the consolidation of food sector corporations.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:OK, I think she just put her first foot wrong. Prices were up 1% on groceries this past year. This is bizarre - brings back memories of ‘70s price controls.

What do you think?

Y'all have been yapping about how inflation and the economy is the most important issue for you. Well, here you go.

+1 What should her first priority be? Price gouging especially on groceries is impacts 90% of us.

It’s almost cute that you think government controlled prices will lower inflation.

Bless your heart

Well, it's cute that you think Trump can make it all better, when he can't even speak coherently.

Bless.

Trump can't make it all better, but he's definitely for less federal govt intervention and that has always failed on all fronts.

I do expect him to do better than Kamala on the economics front.

He will just do something short term that will promptly expire when the next president takes office creating the appearance of gop success to those who don’t pay attention. But it will have negative long term consequences. We’ve seen that routine before.

[Anonymous]

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Anonymous wrote:Any serious person knows that the solution to inflation is not outlawing high prices. That's like saying the solution to healthcare costs is outlaw people getting sick. Harris should have followed the old saying "it's better to be silent and have people think you are fool than to speak and remove all doubt."

? um no, that would be like saying we need to regulate healthcare costs, which ANY normal person would agree with.

It is scary people like you are allowed to vote.


So the govt can print infinite amounts of money, the solution to controlling high prices resultant from that will be to install prices controls?

JFC, please don’t reproduce. USA is going full blown Venezuela at this rate.

oh, so you're ok with high food prices now? And high healthcare costs?

It's YOUR POLICY that are creating high prices. Nothing skyrockets in price like a government subsidized industry. See health care and education.

I know it's easier to blame a liberal than understand why food prices are high right now.

https://www.foxbusiness.com/economy/why-are-groceries-still-so-expensive

Food prices are rising for several reasons, including ongoing supply chain issues, the smallest cattle inventory in 73 years, an Avian flu outbreak that affected poultry supply and sent the cost of chicken and eggs skyrocketing, and a worldwide grain deficit that is the result of the prolonged conflict in Ukraine. Wages for food service workers in grocery stores, warehouses and processing plants have also increased, meaning many of those businesses are passing that cost along to the consumer.

Although some of these problems are finally clearing up, consumers looking for immediate relief may be disappointed. Federal Reserve Chair Jerome Powell said during an interview with "60 Minutes" that aired at the beginning of February that high prices could be here to stay unless there is a severe recession.

Pay attention to the bolded. Recall that MAGA say that illegal immigrants are taking jobs from Americans, and that if companies paid more, then Americans would take that job. You can see how wage hikes are hitting food prices.

The FEED for cattle and chickens has increased in price significantly. The fuel to plow and harvest and transport has increased significantly. The raw materials are jumping like crazy.

The batteries in EVs are half of the cost of the car. A ford truck that was 40 grand four years ago is suddenly 70. DUHHHH! Why is auto insurance and homeowners insurance suddenly jumping up like crazy. Gee, I dunno!

Labor is the significant component, but not the only one. Having Washington DC come in and direct everyone what they should pay for labor from ivory towers certainly does raise prices.


Why did the Soviet Union collapse? Because Moscow tried to centrally plan (AKA a command economy) every GD thing in the country. It led to distortions, subsidies, rule by fiat and was very inefficient. Now you're telling me YOU can do it better. BS!

Yes, the price of EVERYTHING went up, in part due to the supply chain issues that hit globally. It wasn't just an issue in the US.

So, you agree that the government today does regulate certain food prices, right? And those current regulations help farmers who are mostly in red states and who mostly vote R. But, regulation that helps the consumer is bad bad bad.

The next time you MAGA insist that migrants are taking your jobs and that more Americans would take those jobs if they paid more, remember this post. Food prices went up in part due to wage increases. Also, the next time you complain about companies offshoring jobs, remember this post -- that government telling companies what to pay for labor is unAmerican and will lead to the collapse of the US, according to you.

No, they don't help farmers. They HURT them... which causes the farmer to react... which creates more unintended consequences which is like a vicious loop and you don't seem to get it. Your policies are creating the problems in the first place.

I want migrants OUT. They don't belong here and they distort the market. I want all subsidies to end. Some white boy or girl in their house decides not to work because they're getting a check. Pull that check. Get hungry. You'll work. Got it now?

Why do you think all the mom & pop stores went away? They were driven out of business by the big boxes thanks to Washington DC. Now there's no competition and of course prices are high!

Same with Detroit and union labor. It artificially distorted the cost of labor, Asia saw that and took over. Same with airlines, steel, electronics, and on and on. The more you do, the worse things get! JFC, you are thick-headed.

Please, the first people to want the government to help with commodity prices for farmers are red state congress people.

You want all the migrants out. Remember, that will raise prices of goods and services. Will you complain about high food prices then when you get your wish?

So, now you are saying you want to ban big box stores because it kills small businesses. You want the government to regulate that so that small businesses can stay afloat?

What if most companies decide to offshore the jobs? Do you want Trump to stop them? ie, You want regulation?

Clearly, you want regulation when it benefits people like you but not when it benefits others. That's the MAGA way.

No, I don't want to ban big box stores. I want the regulation that you put in place to go away and the market will correct itself over time.

I'm not like you - ban everything you hate and subsidize everything you like. That's not me. The market will right itself over time if remove all that BS.

I want the market to rule. Period. If you can't afford a $50K Tesla or any EV, don't ask me to subsidize it so you can afford it. Take ALL the subsidies away.

Is this rocket science to you?

lol.. you don't want any regulation but you hate that the big bog stores have killed small businesses. Are you serious?

If it wasn't for regulations, big corporations would basically have a monopoly, including a monopoly on pricing, and kill small businesses completely.

D@mn. Now, I know you're dumb.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:OK, I think she just put her first foot wrong. Prices were up 1% on groceries this past year. This is bizarre - brings back memories of ‘70s price controls.

What do you think?

Y'all have been yapping about how inflation and the economy is the most important issue for you. Well, here you go.

+1 What should her first priority be? Price gouging especially on groceries is impacts 90% of us.

It’s almost cute that you think government controlled prices will lower inflation.

Bless your heart

Well, it's cute that you think Trump can make it all better, when he can't even speak coherently.

Bless.

Trump can't make it all better, but he's definitely for less federal govt intervention and that has always failed on all fronts.

I do expect him to do better than Kamala on the economics front.

because he managed to bankrupt his casino businesses and commit fraud on his so called Trump U?

[Anonymous]

So this whole thread and her proposal on price gouging is tougher penalties. That isn’t communism.

[Anonymous]

So after months and months and months of the GOP saying that the sky was falling because of food prices, Harris announces her plan to combat price gouging and the GOP is mad about it. Such weird people.

[Anonymous]

Anonymous wrote:So after months and months and months of the GOP saying that the sky was falling because of food prices, Harris announces her plan to combat price gouging and the GOP is mad about it. :D Such weird people.

It’s an inflationary plan. So yes.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:OK, I think she just put her first foot wrong. Prices were up 1% on groceries this past year. This is bizarre - brings back memories of ‘70s price controls.

What do you think?

Y'all have been yapping about how inflation and the economy is the most important issue for you. Well, here you go.

+1 What should her first priority be? Price gouging especially on groceries is impacts 90% of us.

It’s almost cute that you think government controlled prices will lower inflation.

Bless your heart

Government won’t control prices. It will investigate price fixing, which is common among poultry, dairy, and many other agricultural and food processors and corporations. It’s not the farmers. It’s not the grocers. It’s the consolidation of food sector corporations.

If a few big corporations are colluding to fix prices they have been committing a crime. And if this is true, why hasn't the Biden-Harris administration been going after them?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:OK, I think she just put her first foot wrong. Prices were up 1% on groceries this past year. This is bizarre - brings back memories of ‘70s price controls.

What do you think?

Y'all have been yapping about how inflation and the economy is the most important issue for you. Well, here you go.

+1 What should her first priority be? Price gouging especially on groceries is impacts 90% of us.

It’s almost cute that you think government controlled prices will lower inflation.

Bless your heart

Government won’t control prices. It will investigate price fixing, which is common among poultry, dairy, and many other agricultural and food processors and corporations. It’s not the farmers. It’s not the grocers. It’s the consolidation of food sector corporations.

If a few big corporations are colluding to fix prices they have been committing a crime. And if this is true, why hasn't the Biden-Harris administration been going after them?

My guess is that inflation was going up everywhere so it wasn't apparent that there was price gouging. But, now that inflation has eased, yet food prices haven't come down much, there were reports that corporations were price fixing.

Pricing fixing isn't immediately apparent. It takes time to uncover the scheme.