Kamala’s take on the Economy
- Thread starter snarlcakes
- Start date
I have heard people speculating that she is going to blame farmers for high grocery prices,meanwhile grocery stores on avg earn less than 2% profit....smh.
Either there is a major fix going on OR there really are that many stupid Americans.
Guaranteed she's voting for Kamala. Then a year from now she'll be all over X and Facebook complaining about how hard her life is.
I’m not in support of Harris’s proposed price controls, but they exist in some areas and do not wreck the systems. Pay day loans and legal fees are “controlled” at the top end by certain standards, for example. I realize this isn’t the type of thing Harris is proposing.Price controls never work, but we don't teach basic economics in schools anymore so it's an easy sell to the ignorant.
Blame higher prices on greedy businesses engaging in "price gouging" while ignoring the causes of the higher prices and the predictable results, then introduce price controls as a way to fix it.
Nor are price controls tantamount to communism. Nixon used them, maybe Eisenhower?, and FDR in addition to some pre WW2 instances. None of those led to, or meant that at the time, communism in the US existed.
I was reading articles and one was about Zyn. @Cortez88 I thought you two both would laugh at this quote from the communications director at the state freedom caucus network (whatever that is): “a man with nicotine, protein, caffeine, and creatine coursing through his veins is an unstoppable force” 🤣🤣🤣. That’s probably true lol. Won’t last long but for that time
She's certainly a socialist. I wouldn't be surprised if deep down she is a communist as well. The polices will only get more ridiculous.
That was never my claim. My claim was that price controls do not work as intended.
Capital seeks it's highest return. Price controls limit that return, and capital flows elsewhere, resulting in lowered supply relative to demand.
Majority of dems will never understand anything other than emotion.
I understand they don’t work in the vast majority of cases.
I’m just trying to point out that not every stupid or bad economic, fiscal, or tax policy is “communist” like one of the Tweeters equated.
from 30k feet up, the alternative is living in a place where you can't sue your employer when you arm gets whacked off at work. see china. trust me, we'd all rather live in a society with a few too many frivolous lawsuits rather than none at all.
I understand. But it certainly seems to me that it has become a racket. I think we can and should do better about weeding out the frivolous stuff and obvious attempts to just get somebody to cough up money to go away - and I think we can do it without becoming China.
I admire WalMart for having a company policy that they don’t settle. In their situation, that makes eminent sense.
Gotcha. I thought by quoting me, you were saying I was using the communism moniker.
Highly unlikely. Since 1949 democratic administrations have had better economies than republican administrations. Ten of the past eleven recessions have been under the republicans, with the Bush’s having the last two.
https://www.epi.org/publication/econ-performance-pres-admin/
agree but not sure that place exists or ever could. your either giving judges free rein or your (likely) allowing a single political party to decide what moves forward. the former is messy and wasteful but the latter is beyond Western comprehension.
Price controls never work, but we don't teach basic economics in schools anymore so it's an easy sell to the ignorant.
Blame higher prices on greedy businesses engaging in "price gouging" while ignoring the causes of the higher prices and the predictable results, then introduce price controls as a way to fix it.
walmart settles cases daily crazed. wage and hour claims alone they've settled a ridiculous amount of cases
In Nixon's case, it did cause an economic calamity that manifest itself in the Ford and Carter terms.
You can support Communist principles and not be a full blown Communist. But I don't think Kamala knows that. Her ideas of debt forgiveness and money giveaways are vote buying, pure and simple.
Technically she isn’t a communist. She’s just trying to implement polices that would lead to food shortages and deaths. What a lovely person she is 🙄
Yup. I pointed this out a week or so ago. Democratic leadership at the highest levels is highly, highly insulated from the real world. Most have never earned an honest paycheck in their lives. At best they put in a couple years at a White Shoe law firm (or Civil Rights firm in Obama's case) before jumping into politics.
Obama and Harris are both the children of academics. Those who specialize in theory and lack in all manner of practicality. Uncle Joe spent 50 years on the tax payer dime. They're not like you and me Dbm. In fact they disdain you and me. But they'll gladly accept their salary paid off our backs.
This is an absolutely awful idea.
It’s yet another great example of something that is going to sound good to a lot of people, but would actually create a perverse outcome.
It’s truly as if they don’t even give a moment’s thought to any secondary effects. Or maybe they do, and figure they can just deflect the blame on others, and use that as another opportunity to ride to the “rescue.”
It says something about the populous that they feel comfortable floating this idea out there in the first place.
Well, as political messaging, populism works. It always has.
A lot of people will see any opposition to this as greedy people trying to keep lower income people out of home ownership so they can afford a bigger house and a faster boat.
Americans aren’t unique. Politicians have been successfully peddling this nonsense for a long time.
Knowing Trump, I wouldn’t be surprised if he tried to outbid her.
A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that democracy always collapses over loose fiscal policy
