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Reply to "Price gouging as her first policy announcement? Really? "
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[quote=Anonymous][quote=Anonymous]Groceries cost too much and it’s hurting ordinary families. President Harris will fix the problem by capping the cost of many ordinary consumer foods like milk and eggs. Plus, she will use the DOJ to go after companies that charge too much for products. That’s what price gouging is.[/quote] Actually that is not what price gouging is. Price gouging is when people greatly increase the price of goods when there is an emergency that spikes demand way above its normal level. Some states have price gouging laws, but they apply only to declared disasters like hurricanes or floods. Going after goods providers for high prices in normal demand times is not anti-price gouging, it is price controls unless they are going after providers for price collusion, which is illegal already.[/quote]
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