Because large price increases across the entire macro economy are allllllll resultant from wide spread collusion to fix prices, gouge, and ripoff customers. It couldn't possibly be due to the simple concept of inflation.

Jesus, Dems are so dimwitted. When you print and inject trillions of dollars into the economy, more money goes around. More money= more spending = more demand = higher prices. It's really that simple.

Remember, it was Biden who handed out a trillion in stimulus and another round stimi checks as soon as he got into office because the Dems were desperate to win the GA runoff. I still remember AOC going ballistic back in 2021 about handing out more stimi checks.

Gee, who'd have ever guessed they when you pump the economy with trillions of printed cash inflation goes up. But they wanna blame wide spread conspiracy theories that every single industry out there is colluding with one another to raise prices for consumers. Dems are a really low IQ.

Anonymous wrote:

The FTC already found evidence that the companies that run grocery stores are price gouging.
https://www.ftc.gov/reports/feeding-america-time-crisis-ftc-staff-report-united-states-grocery-supply-chain-covid-19-pandemic

I’d be pleased as punch if she can sue RealPage for price fixing rents. That’d be fab.

Anonymous wrote:This is actually quite clever. All the economists are freaking out and then she'll say it's a prohibition of prices increases of CPI + 25% or more and she'll say why do you support such huge increases?

So what happens when there are global supply chain disruptions? We had quite a few the last few years, and there are no signs of that changing anytime soon.

This is actually quite clever. All the economists are freaking out and then she'll say it's a prohibition of prices increases of CPI + 25% or more and she'll say why do you support such huge increases?

That’s great news!

Looks like I’ll be making an extra $25,000 when I sell my house in a year!!

What’s Trumps proposal to address price gouging? Does it involve sharks in any way?

Anonymous wrote:Honestly, this was not a good move. WaPo featuring her backers saying that free enterprise is dead is not going to help win the middle.

And they will look dumb when her actual proposal still allows the market to set prices unless they want to increase them by massive amounts

She hasn't given a ton of details on this, but if you look at "anti rent gouging" proposals in local jurisdictions they are typically very permissive. Lots of exceptions and allow for pretty large percentage increases. They are often supported by developers as a way to prevent more strict restrictions on rent increases. I doubt her proposal will truly aim to control prices, I suspect it will mean discouraging the most egregious increases. Probably will be tied to CPI so something like CPI + a certain percentage. My guess is it won't be very impactful.

I’m a PhD economist, want Trump out at all costs, and this stuff is indefensible. Kamala, stick to social issues and you’ll win. Then you can hire competent economists to conduct policy. No populist/instagram-tier policies like price controls.

Honestly, this was not a good move. WaPo featuring her backers saying that free enterprise is dead is not going to help win the middle.

Anonymous wrote:Corporations have to make a profit. Businesses have to make a profit. To exist.

The US Gov is trillions in debt and takes money from citizens. They would not be able to operate or exist if they needed to make a profit to pay government employees or develop and manufacture a product or service.

The US government is the ultimate price gouger and have no one to implement controls on them.

The government doesn't manufacture things. The government provides services like the Postal service, the military and food inspection. If the GOP wasn't passing tax cuts without spending cuts, our debt wouldn't be anywhere close to where it is. Trump was responsible for a 25% increase in our debt, but people like you never seem to remember that.

Anonymous wrote:

Anonymous wrote:OK, I think she just put her first foot wrong. Prices were up 1% on groceries this past year. This is bizarre - brings back memories of ‘70s price controls.

What do you think?

Kamala should try to productively run something small, litle a city or a lemonade stand, to prove her competence before running for high office.

She ran the SF DA office when Trump claimed San Francisco was in its Zenith "15 years ago"
She also ran the CA AG Office - an 8 figure enterprise.

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

This 100%

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.