Supporting the House and Senate to pass anti-price-gouging bills. The Dems offered one up post COVID and the GOP voted it down. So, try again but this time, hopefully with a majority in both the House and Senate. |
Yes, she can, in concert with the House and Senate. Remember Schoolhouse Rock and "I'm just a bill?" |
Uh, it's a product or service. Purchase it or don't. There's no such thing as price gouging. No one is forcing you to buy anything. This is really f'n basic stuff. |
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It's interesting how you never cared about this when the Trump tax cuts were implemented. Why is that? Oh that's right. Fiscal responsibility only matters when it's a Democratic administration. If MAGAs didn't have double standards, they wouldn't have ANY. |
So when COVID happens and the same milk or egg price triples, there is nothing that should be done about it? Y'all been complaining about "inflation" for 3 years. The inflation passed, this is price gouging the consumer. |
Trump and W are responsible for 57% of the debt from the last 30 years. How come you never care about it until the Dems are in the white house? |
Just wanted to see that remarkably stupid comment by itself in all its glory. |
Nope. Nothing can be done. If you tell me I have to sell X for $Y, I'll walk away and sell somewhere else. You'll create black markets and shortages. |
People saying stuff like there is no such thing as price gouging refuse to believe that anyone could use their property rights and an urgent need to leverage profits well in excess of anything resembling reasonable compensation for the labor, cost, innovation, and risk the owner undertook to create the product.
They'll say government has no business regulating the transactions while completely ignoring government's role in creating the property right in the first place - never mind the extensive government infrastructure in place to protect and enforce property rights. |
Uh no. That's only if there are supply constraints. If you're a monopoly, then you can dictate the price and create excess profits. Those monopolies can be broken up or regulated. You can also tax excess profits. That won't create shortages and will be hard to create black markets. |
Uh no. I've have the subject matter expertise to produce and distribute the product. I'll just put it on a boat and move it overseas OR offshore altogether. Half of the companies you are talking about are not monopolies and the other half aren't even in the U.S. Don't know why you suddenly went to "monopolies". Was that easy thinking for you? |
There is no "reasonable". There's supply and demand. If I don't sell enough, I lower the price. If too many people want the product, I raise it. |
The House and the Senate are not going to pass such ridiculous legislation. |
Eggs and milk receive government subsidies. To turn around and triple prices "because you can" is a total rip-off to the American consumer. Same with the subsidies agribusiness and oil receive. Maybe we should just remove all the subsidies then? |