Price gouging as her first policy announcement? Really?

[Anonymous]

Anonymous wrote:

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?

Jesus we can’t have an intelligent conversation until you realize it’s not price gouging it’s price gauging.

Lord you people are stupid.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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?

Jesus we can’t have an intelligent conversation until you realize it’s not price gouging it’s price gauging.

Lord you people are stupid.

WTF? It's gouging.

https://dictionary.cambridge.org/dictionary/english/gouging

gouging
noun
UK /ˈɡaʊ.dʒɪŋ/ US /ˈɡaʊ.dʒɪŋ/

the action of charging someone too much money for something, in a way that is dishonest or unfair:

"He has received complaints about price gouging, with some vets charging $50 per dose."

"The chairman of the Senate Banking Committee accused the banks of gouging."

Are you confused, trolling or just an idiot?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You know where price gouging is actually happening?

The US colleges and universities. And, instead of working to change that... this administration has decided to use taxpayer money to pay off the loans for millions of people who signed for the loans. That does NOTHING to help bring down the cost of college. In fact, it makes it worse.

She will probably come out with an economic plan to deal with this.

We already know what her plan is--more student debt cancellation. She is also proposing cancellation of all medical debt. That should be fun; no medical services unless you pay cash upfront.

If only there were some "single" entity that could be the upfront "payer" for medical costs, thereby solving the medical debt and upfront payment problems all at once. And if only it had been tried in developed nations across the globe and time and time again found to be significantly cheaper than the way we do it now.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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?

Jesus we can’t have an intelligent conversation until you realize it’s not price gouging it’s price gauging.

Lord you people are stupid.

WTF? It's gouging.

https://dictionary.cambridge.org/dictionary/english/gouging

gouging
noun
UK /ˈɡaʊ.dʒɪŋ/ US /ˈɡaʊ.dʒɪŋ/

the action of charging someone too much money for something, in a way that is dishonest or unfair:

"He has received complaints about price gouging, with some vets charging $50 per dose."

"The chairman of the Senate Banking Committee accused the banks of gouging."

Are you confused, trolling or just an idiot?

I guess you didn’t see the clip of Kamala calling it price gauging.

[Anonymous]

Anonymous wrote:

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?

DP... There was an emergency, 4 years ago.
Prices went up during the pandemic due to supply chain issues and hoarding.

There are no longer supply chain issues and people are no longer hoarding. Companies just refused to roll prices back down to where they should be because they got greedy and are enjoying the profits too much.

https://www.nbcnews.com/news/amp/rcna9200

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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?

DP... There was an emergency, 4 years ago.
Prices went up during the pandemic due to supply chain issues and hoarding.

There are no longer supply chain issues and people are no longer hoarding. Companies just refused to roll prices back down to where they should be because they got greedy and are enjoying the profits too much.

https://www.nbcnews.com/news/amp/rcna9200

So then the price gouging laws that PP kept citing no longer apply.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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?

Jesus we can’t have an intelligent conversation until you realize it’s not price gouging it’s price gauging.

Lord you people are stupid.

WTF? It's gouging.

https://dictionary.cambridge.org/dictionary/english/gouging

gouging
noun
UK /ˈɡaʊ.dʒɪŋ/ US /ˈɡaʊ.dʒɪŋ/

the action of charging someone too much money for something, in a way that is dishonest or unfair:

"He has received complaints about price gouging, with some vets charging $50 per dose."

"The chairman of the Senate Banking Committee accused the banks of gouging."

Are you confused, trolling or just an idiot?

I guess you didn’t see the clip of Kamala calling it price gauging.

No, because you made it up.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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?

DP... There was an emergency, 4 years ago.
Prices went up during the pandemic due to supply chain issues and hoarding.

There are no longer supply chain issues and people are no longer hoarding. Companies just refused to roll prices back down to where they should be because they got greedy and are enjoying the profits too much.

https://www.nbcnews.com/news/amp/rcna9200

So then the price gouging laws that PP kept citing no longer apply.

The laws cited above only allow a modest increase during the emergency but are generally silent on what happens after the emergency is over. That's why we need laws to ensure that prices also return back to normal after the emergency is over.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My opinion: this is a straw man argument to deflect attention and commentary about inflation and gas prices under the Biden/Harris administration.

Uh, she is trying to address the costs of things in a way that a government can.

Use the power of the government to negotiate the prices of certain drugs for medicare recipients
Provide block grants to increase the supply of housing while also providing incentives for home ownership
Incentivize competition to help reduce food prices.

And gas prices? It is cheap relative to historic costs. I can get it for under $3.50 a gallon in DC. On the eastern shore, it is closer to $3.25.

The only reason it was at $2.00 in 2020 was because the economy ground to a halt and the refineries couldn't give it away.

So riddle me this: how come this wasn’t done months/years ago? First we were dismissed and told inflation was transitory. Now we’re told it was the corporations all along, Biden/harris admin failed to observe this phenomena or they did observe but didn’t care until right before the election. The DNC is run by amateurs with an overinflated sense of self-importance.

She is assuming a House not controlled by the GOP- what bills have been passed since January 2023? Do you think a president under our system, can just make it happen by saying it?

So her plan is to hope for a house not controlled by her political opponents. Sounds like not much of a plan. Just a dangling carrot to get votes but no real action but blame the GOP for failures.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My opinion: this is a straw man argument to deflect attention and commentary about inflation and gas prices under the Biden/Harris administration.

Uh, she is trying to address the costs of things in a way that a government can.

Use the power of the government to negotiate the prices of certain drugs for medicare recipients
Provide block grants to increase the supply of housing while also providing incentives for home ownership
Incentivize competition to help reduce food prices.

And gas prices? It is cheap relative to historic costs. I can get it for under $3.50 a gallon in DC. On the eastern shore, it is closer to $3.25.

The only reason it was at $2.00 in 2020 was because the economy ground to a halt and the refineries couldn't give it away.

So riddle me this: how come this wasn’t done months/years ago? First we were dismissed and told inflation was transitory. Now we’re told it was the corporations all along, Biden/harris admin failed to observe this phenomena or they did observe but didn’t care until right before the election. The DNC is run by amateurs with an overinflated sense of self-importance.

She is assuming a House not controlled by the GOP- what bills have been passed since January 2023? Do you think a president under our system, can just make it happen by saying it?

So her plan is to hope for a house not controlled by her political opponents. Sounds like not much of a plan. Just a dangling carrot to get votes but no real action but blame the GOP for failures.

ALL politics is about what someone hopes to do. What a baseless criticism.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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?

DP... There was an emergency, 4 years ago.
Prices went up during the pandemic due to supply chain issues and hoarding.

There are no longer supply chain issues and people are no longer hoarding. Companies just refused to roll prices back down to where they should be because they got greedy and are enjoying the profits too much.

https://www.nbcnews.com/news/amp/rcna9200

So then the price gouging laws that PP kept citing no longer apply.

The laws cited above only allow a modest increase during the emergency but are generally silent on what happens after the emergency is over. That's why we need laws to ensure that prices also return back to normal after the emergency is over.

Regardless of how much money was dumped into the economy, deflating the dollar? These policies made sense when the dollar wasn't a fiat currency. That's no longer the case, though.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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?

Jesus we can’t have an intelligent conversation until you realize it’s not price gouging it’s price gauging.

Lord you people are stupid.

WTF? It's gouging.

https://dictionary.cambridge.org/dictionary/english/gouging

gouging
noun
UK /ˈɡaʊ.dʒɪŋ/ US /ˈɡaʊ.dʒɪŋ/

the action of charging someone too much money for something, in a way that is dishonest or unfair:

"He has received complaints about price gouging, with some vets charging $50 per dose."

"The chairman of the Senate Banking Committee accused the banks of gouging."

Are you confused, trolling or just an idiot?

I guess you didn’t see the clip of Kamala calling it price gauging.

No, because you made it up.

https://www.c-span.org/video/?c5128534/user-clip-kamala-price-gauging

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You know where price gouging is actually happening?

The US colleges and universities. And, instead of working to change that... this administration has decided to use taxpayer money to pay off the loans for millions of people who signed for the loans. That does NOTHING to help bring down the cost of college. In fact, it makes it worse.

She will probably come out with an economic plan to deal with this.

We already know what her plan is--more student debt cancellation. She is also proposing cancellation of all medical debt. That should be fun; no medical services unless you pay cash upfront.

The more important piece is not having medical debt count in a credit rating. That is something that is more doable.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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?

DP... There was an emergency, 4 years ago.
Prices went up during the pandemic due to supply chain issues and hoarding.

There are no longer supply chain issues and people are no longer hoarding. Companies just refused to roll prices back down to where they should be because they got greedy and are enjoying the profits too much.

https://www.nbcnews.com/news/amp/rcna9200

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My opinion: this is a straw man argument to deflect attention and commentary about inflation and gas prices under the Biden/Harris administration.

Uh, she is trying to address the costs of things in a way that a government can.

Use the power of the government to negotiate the prices of certain drugs for medicare recipients
Provide block grants to increase the supply of housing while also providing incentives for home ownership
Incentivize competition to help reduce food prices.

And gas prices? It is cheap relative to historic costs. I can get it for under $3.50 a gallon in DC. On the eastern shore, it is closer to $3.25.

The only reason it was at $2.00 in 2020 was because the economy ground to a halt and the refineries couldn't give it away.

So riddle me this: how come this wasn’t done months/years ago? First we were dismissed and told inflation was transitory. Now we’re told it was the corporations all along, Biden/harris admin failed to observe this phenomena or they did observe but didn’t care until right before the election. The DNC is run by amateurs with an overinflated sense of self-importance.

She is assuming a House not controlled by the GOP- what bills have been passed since January 2023? Do you think a president under our system, can just make it happen by saying it?

So her plan is to hope for a house not controlled by her political opponents. Sounds like not much of a plan. Just a dangling carrot to get votes but no real action but blame the GOP for failures.

If it is a split congress and she is proposing a bill that the dem controlled house supports and the GOP controlled house opposes, then she can blame the GOP for the failures. At some point, the public will get fed up with the GOP for being an obstacle to the things the public wants.