http://twitchy.com/amy-curtis/2024/08/16/wapo-says-dont-propose-price-controls-if-your-opponent-calls-you-communist-lol-n2399693
Later today, Kamala Harris will be in North Carolina to announce her first major economic plan. That's price controls to combat what Kamala says is the cause of inflation: corporate greed and price gouging. Even CNN -- yes, CNN -- is saying corporate greed isn't the cause of inflation.
And now The Washington Post is piling on Kamala with this brutal op-ed.
Byron York (@ByronYork) ~ From WP: 'When your opponent calls you ‘communist,’ maybe don’t propose price controls? It’s hard to exaggerate how bad Kamala Harris’s price-gouging proposal is.' This is not a pro-Trump columnist ...
http://www.washingtonpost.com/opinions/2024/08/15/kamala-harris-price-gouging-groceries/
Oof.
WaPo writes (emphasis added):
What are these “clear rules of the road” or the thresholds that determine when a price or profit level becomes “excessive”? The memo doesn’t say, and the campaign did not answer questions I sent seeking clarification.
The most likely template for Harris’s proposal is a recent bill from Sen. Elizabeth Warren (D-Mass.). (Harris co-sponsored similar legislation with Warren in 2020, when Harris was a senator.) Warren’s bill would ban any “grossly excessive price” during any “atypical disruption” of a market. Alas, no definition was provided for these terms, either; rather, the bill would empower the Federal Trade Commission to enforce bans using any metric it deems appropriate.
It’s hard to exaggerate how bad this policy is. It is, in all but name, a sweeping set of government-enforced price controls across every industry, not only food. Supply and demand would no longer determine prices or profit levels. Far-off Washington bureaucrats would. The FTC would be able to tell, say, a Kroger in Ohio the acceptable price it can charge for milk.
Wow.
That's so brutal.
But, she's talking about implementing Communism, so ... brutal? Nah, that's ...
Chad West (@Chad_WestReal) ~ Kamala promises to finally do Communism right, as only a strong woman of color can.
Matt Hay (@MattAHay) ~
The honeymoon is over.
Da, comrade.
The essential American soul is hard, isolate, stoic, and a killer. It has never yet melted. ~ D.H. Lawrence
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