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Reply to "Price gouging as her first policy announcement? Really? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][b]Harris’s Plan Is Economically Dumb but Politically Smart[/b] [i]The vice president’s campaign promises make no sense to people acquainted with supply and demand—but they might win elections.[/i] https://www.theatlantic.com/politics/archive/2024/08/kamala-harris-economic-policies-price-gouging/679483/[/quote] IMO, this is like in 2016 when Trump said he was going to create the best healthcare plan to replace the ACA. It was politically smart, but "experts" realized that there was no way he could achieve this without raising premiums, which would go against what he was promising. [b]And we all know how this played out in real life.[/quote][/b] Nothing happens and life goes on. That said, the SP500 profit margin has generally been trending up AND more volatile since 1995. Since 2016 the profit margin has been somewhere north of 9% on average. That's a lot of profits which is indicative of a less competitive market environment. https://dqydj.com/sp-500-profit-margin/[/quote]
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