"It's Communism": Kamala's First Economic Plan Proposes Price Controls To "Combat Inflation"

spy said:
You're an imbecile too :finger:

Mic drop... good bye.
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It's amazing the insane shiat and lies the MAGA crowd like you come up with.

Apparently facts and reality don't matter to you.

Just keep peddling your conspiracy crap and demented MAGA points.
 
gwb-trading said:
It's amazing the insane shiat and lies the MAGA crowd like you come up with.

Apparently facts and reality don't matter to you.

Just keep peddling your conspiracy crap and demented MAGA points.
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Ok, ok, I'm sorry. I was too harsh. Let me give you the benefit of the doubt and assume you're not an imbecile but instead just struggling with something that strikes you as counterintuitive.

In this case, I encourage you to consider the following... if price controls/caps work, then why don't we just cap the price of everything at one penny and solve everyone's problems?

tenor.gif
 
spy said:
Ok, ok, I'm sorry. I was too harsh. Let me give you the benefit of the doubt and assume you're not an imbecile but instead just struggling with something that strikes you as counterintuitive.

In this case, I encourage you to consider the following... if price controls/caps work, then why don't we just cap the price of everything at one penny and solve everyone's problems?

tenor.gif
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Kamala Harris is not proposing price controls or caps. She is proposing federal anti-gouging laws. The same exact anti-gouging laws that are in place in many states including North Carolina.

gwb-trading said:
You do do realize that many states have price gouging laws that outlaw “grossly excessive price” during any “atypical disruption” of a market. It is up to the executive of the state, the governor, to define the terms and metrics that are deemed appropriate. For example, North Carolina has pricing gouging laws (GS 75-38 : Prohibit excessive pricing during states of disaster, states of emergency, or abnormal market disruptions) that are put in effective during hurricanes and other natural disasters. These laws have also been used to regulate prices of items such as animal feed over multi-year time frames.

It's long overdue to have these laws at the national level.
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ipatent said:
Which are price controls.
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Let's see you get up on your high horse and campaign against all the price gouging laws currently in place in red states. You can start with Texas and Florida.

Let's us know how your campaign against these state price-gouging laws goes. They are after all the same exact laws being proposed by Kamala Harris at the federal level.
 
spy said:
IDK. But, I wouldn't bother politicizing the issue... it's counterproductive IMHO.

It must be addressed in a bipartisan manner. Else, when push comes to shove, markets will solve the problem by shooting rates much higher. And, the U.S. will find more and more Russian submarines and Chinese spy balloons challenging its sovereignty.

Unfortunately politicians from both sides spend their political capital just as recklessly as the financial capital.

Oh well. In a weird way the libertarians should take comfort. Because... they don't need to do anything but wait. History has shown that big centralized governments collapse from their own morbid obesity.
giphy.webp
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I used trump as the example because only he would be willing to say something as bold.
 
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