Anointed Democrat nominee Kamala Harris has decided to make America Soviet by proposing price controls for grocery stores and food suppliers.
Are you feeling the “joy?”
I’m sure when Americans are lined up outside of the Safeway for their monthly quota of bread, they’ll be so filled with joy that they burst into glorious song.
Then again, that is one long-ass anthem. I’m not sure starving people could make it to the end before dropping like the sacks of potatoes they wished they could afford.
Price controls do not work. If Kamala Harris cracked open a copy of “Basic Economics” by Thomas Sowell, maybe she wouldn’t be stupid enough to run with a Stalin-era economic plan.
Then again, as one former staffer told the Washington Post in December 2021, Comrade Kamala doesn’t take the time to read through briefing materials painstakingly prepared for her. Then she berates her staff when she looks uninformed and stupid.
Even if there was someone knowledgeable about basic economics in the Kamala campaign, chances are, Kamala wouldn’t bother getting his input before hopping aboard the SS Soviet Strategy and setting off on her ill-fated economic voyage.
Speaking of the Washington Post.
Columnist Catherine Rampell penned an op-ed on Thursday titled, “When your opponent calls you a ‘communist,’ maybe don’t propose price controls?”
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.
At best, this would lead to shortages, black markets and hoarding, among other distortions seen previous times countries tried to limit price growth by fiat. (There’s a reason narrower “price gouging” laws that exist in some U.S. states are rarely invoked.) At worst, it might accidentally raise prices. [Sorry Grammarly. I didn’t write this grammatical hot mess, a paid professional did.]
This is why Team Kamala is keeping their candidate under wraps. She couldn’t defend this insane policy proposal if her life depended on it. The best we’ll get is Kamala reading prepared remarks from a teleprompter before she retreats from reporters and boards Air Force Two.
Even if the cowardly candidate stuck around so reporters could ask about her price control plan, she wouldn’t be able to explain it, let alone defend it.
Instead, campaign surrogates will appear on cable news shows or Sunday morning talk shows to explain why real price controls have never been tried and this time it will be different.
Price controls will not lead to lower prices. Like all federal regulations, price controls will send prices even higher. If this is an example of Kamala’s plan to lower prices, she’s stupider than we thought.
The campaign revealed yesterday that Komrade Kommie-la also plans to propose a program to give $25,000 in taxpayer money to first-time homebuyers so they can afford a downpayment.
The country is currently facing a housing shortage. What happens when you offer taxpayer money to people looking to buy a home? Demand skyrockets. Who in the name of sweet merciful Zeus proposes increasing demand when supply is scarce?
Inflation skyrocketed after the federal government offered $1,200 COVID checks. Imagine what would happen to the cost of housing when Kamala starts doling out $25,000 housing stimulus checks.
Speaking of COVID checks.
Republican Senate candidate Dave McCormick once again hit it out of the park in his latest campaign ad, hammering Pennsylvania Senator Bob Casey and Vice President Kamala Harris over the so-called American Rescue Act:
McCormick is doing a masterful job hanging the “Biden-Harris Administration” failures around his Democrat opponent’s neck while reminding voters of Kamala’s disastrous tenure as vice president.
If you live in Pennsylvania, send this man to Washington.
Meanwhile, as Team Kamala tries to distance itself from the Biden-Harris administration’s economic policies, President Biden and his paid propagandist Karine Jean-Pierre are making sure that Kamala Harris is glued to “Bidenomics” like a climate activist on a Monet.
Unlike Grandpa Joe, Kamala can’t portray herself as a moderate because she was never a moderate.
Her plan to pursue the same commie economic policies embraced by Bernie Sanders and Elizabeth Warren is proof that she hasn’t flip-flopped or “evolved” on the radical left policies she promoted during her failed presidential campaign.
At best, Kamala is just as big a communist as Bernie and Liz.
At worst, she’s a dangerously stupid person who doesn’t know how the economy works.
Either way, Kommie-la Harris has no business being President of the United States.