Price gouging as her first policy announcement? Really?

[Anonymous]

Anonymous wrote:

Anonymous wrote:CNN cover story online says her plan. Is a BAD IDEA and will cause more problems than it fixes.

https://www.cnn.com/2024/08/16/business/harris-price-gouging-ban-inflation/index.html

Even when CNN says it’s a bad idea, you know it sucks.

CNN is right wing; why wouldn’t they engage in the same slamming of Democrats as the rest of the right wing media?

Meanwhile, Republicans:

CNN are republicans wearing MAGA hats?

When did CNN go MAGA?

If every single food producer, rental management company, car dealer, home owner, and business in America is price gouging American consumers, why haven’t each state’s AG worked with the Biden administration to stop it? Price gouging is a crime. Biden and every state Attorney General have allowed the American people to have financial crimes committed against them in every consumer transaction for years and no one has done anything? Why not?

Can you define what price gouging is? The state laws (that each state has in legal system
are different than what Kamala and democrats are calling price gouging.

What does Kamala define as price gouging? Can you provide a link to her definition and plan to combat what she defines as price gouging? I can’t find that info.

[Anonymous]

What’s the Republican plan?

[Anonymous]

Anonymous wrote:THERE IS NO INFLATION!!!!!!!!


all this crap is just a GOP talking point. Stop falling for it. You’re all just playing right into their argument and are too damn stupid to even realize it.

If you acknowledge there’s any inflation, then you have let the trumpers set the terms of the argument. You’ve already conceded at that point that they are correct.

STOP DOING THAT!!!!!!!!!!! FFS!!!!!!!!


where did you people learn to debate?!?!? WTH?

You are totally clueless. Totally.

[Anonymous]

Anonymous wrote:What’s the Republican plan?

For every corporation, business, apartment rental company, and private home owner who is selling their home being categorized as a “price gouger?” I am not 100% but I have not seen any news reports that republicans are blaming our current economic situation on price gouging. Have you? Do you have a link?

Does this mean the inflation rate has been incorrect or inaccurate for the past 3 years because inflation hasn’t been accurately measured because actually everyone has been price gouging?

[Anonymous]

Anonymous wrote:I think she’s a communist spouting communist policies.

The new Republican talking point. It’s funny how my very Republican home state passed anti-price gouging legislation a few months ago — but I guess that’s OK for them, but not for Kamala.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I think she’s a communist spouting communist policies.

The new Republican talking point. It’s funny how my very Republican home state passed anti-price gouging legislation a few months ago — but I guess that’s OK for them, but not for Kamala.

What state? Citation? We need to see the wording of the legislation.

[Anonymous]

Are High Prices Price Gouging?

No, steep price increases are not always price gouging. Retailers can raise the price of their products as supply and demand change.

People might use the term “price gouging" to describe these new price spikes. But the legal definition is usually more specific to an emergency or a type of good or service. Most laws also consider whether the seller had a good reason to raise prices during the emergency.

How Do State Laws Define Price Gouging?

Price gouging is generally based on average prices in an area before an emergency. A look-back period, such as 30 days, measures how high prices have risen during the emergency.

Price increases of 10% to 15% often count as excessive price hikes. Sellers who raise prices that high without a justifiable reason could face civil or criminal penalties.

Many state laws use nonspecific terms like "gross disparity" instead of an exact percentage. This vague description leaves price gouging open for interpretation. The state's consumer protection authority determines whether prices rose too much.

State price gouging laws:


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

[Anonymous]

Anonymous wrote:

Anonymous wrote:https://www.usatoday.com/story/money/2024/03/21/ftc-report-grocery-chains-gouge/73059901007/

Did grocery chains take advantage of COVID shortages to raise prices? FTC says yes.

The prices didn’t go up until a year and a half into the Biden administration.

They weren’t up during covid shortages during the Trump admin.

I read that the global grain shortage from the Ukraine war raised the price of food globally and food in the US was hit due to livestock and even fish being grain fed here

Yuu understand there is a lag when cataclysmic economic events occur, right?

[Anonymous]

DC vs FL existing price gouging law

[Anonymous]

Anonymous wrote:

Anonymous wrote:I think she’s a communist spouting communist policies.

The new Republican talking point. It’s funny how my very Republican home state passed anti-price gouging legislation a few months ago — but I guess that’s OK for them, but not for Kamala.

Almost all state anti-price gouging laws pertain to very high price hikes put in during a declared state of emergency and do not pertain at all to periods outside that. The idea is that, for example, a gas station should not be allowed to hike its prices three times when people are fleeing a hurricane and have no alternative options to fuel their cars.

That is very different from the ban on price gouging Harris is proposing that would apply in the absence of a declared state of emergency and in the presence of a multitude of options for lower price alternatives.

That said, there are economists who believe that even the anti-price gouging laws during states of emergency actually hinder the free market from coming in and greatly increasing the supply of food and fuel available to naturally decreasing prices. (Not sure though if there has been a real life test of this).

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:CNN cover story online says her plan. Is a BAD IDEA and will cause more problems than it fixes.

https://www.cnn.com/2024/08/16/business/harris-price-gouging-ban-inflation/index.html

Even when CNN says it’s a bad idea, you know it sucks.

CNN is right wing; why wouldn’t they engage in the same slamming of Democrats as the rest of the right wing media?

Meanwhile, Republicans:

CNN are republicans wearing MAGA hats?

When did CNN go MAGA?

If every single food producer, rental management company, car dealer, home owner, and business in America is price gouging American consumers, why haven’t each state’s AG worked with the Biden administration to stop it? Price gouging is a crime. Biden and every state Attorney General have allowed the American people to have financial crimes committed against them in every consumer transaction for years and no one has done anything? Why not?

Can you define what price gouging is? The state laws (that each state has in legal system
are different than what Kamala and democrats are calling price gouging.

What does Kamala define as price gouging? Can you provide a link to her definition and plan to combat what she defines as price gouging? I can’t find that info.

https://thehill.com/homenews/media/3634717-changes-spark-chatter-of-cnn-is-shift-from-left-to-right/

https://www.reuters.com/world/us/cnn-getting-more-republicans-on-air-it-seeks-political-diversity-2023-05-18/

Political diversity, when it ejects long time popular hosts and changes the guest mix.

[Anonymous]

Idaho vs CA price gouging law

[Anonymous]

Anonymous wrote:What’s the Republican plan?

For every corporation, business, apartment rental company, and private home owner who is selling their home being categorized as a “price gouger?” I am not 100% but I have not seen any news reports that republicans are blaming our current economic situation on price gouging. Have you? Do you have a link?

Does this mean the inflation rate has been incorrect or inaccurate for the past 3 years because inflation hasn’t been accurately measured because actually everyone has been price gouging?

There is no republican plan. They just whine about everything.

See: Immigration as an example

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think she’s a communist spouting communist policies.

The new Republican talking point. It’s funny how my very Republican home state passed anti-price gouging legislation a few months ago — but I guess that’s OK for them, but not for Kamala.

Almost all state anti-price gouging laws pertain to very high price hikes put in during a declared state of emergency and do not pertain at all to periods outside that. The idea is that, for example, a gas station should not be allowed to hike its prices three times when people are fleeing a hurricane and have no alternative options to fuel their cars.

That is very different from the ban on price gouging Harris is proposing that would apply in the absence of a declared state of emergency and in the presence of a multitude of options for lower price alternatives.

That said, there are economists who believe that even the anti-price gouging laws during states of emergency actually hinder the free market from coming in and greatly increasing the supply of food and fuel available to naturally decreasing prices. (Not sure though if there has been a real life test of this).

Ok, so what is Kamala’s definition of price gouging? Why is she using an established legal term to define whatever she’s talking about?

[Anonymous]

Anonymous wrote:



Idaho vs CA price gouging law

It looks like all these you are posting only apply during a state of emergency. Are we currently in a state of emergency?