Monday, August 19, 2024

Kamala Harris Wants Price Controls to Pretend It’s Not Her Fault You Can’t Afford Groceries; Harris Rips Economic Hardships That Began During Her Own Administration in Campaign Speech

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Kamala Harris wants price controls to pretend it’s not her fault you can’t afford groceries:
Greetings, comrade worker: Candidate for Party General Secretary Kamala Harris has promised to punish the hoarders and wreckers driving up grocery prices.
All hail the might of Soviet labor!
That’s the latest bonkers proposal from Komrade Kamala Harris, unveiled in her marquee speech on the economy Friday — socialist price controls on groceries.
Because the sky-high grocery prices average Americans have seen since she’s been in office couldn’t be the result of her boss’s disastrous economic policies.
No, they must be caused by price-gouging corporate overlords who for some reason want customers to buy less of their products.
The data prove Harris and her team are (as usual) lying.
Producer prices have moved up in lockstep with consumer prices, meaning that people selling goods and services charge customers more because they themselves are paying more for goods and services.
That’s the vicious circle of inflation.
That Harris’ mendacious “first 100 days” idea is being greeted with anything less than universal hoots of derision is obscene.
Indeed, it’s so absurd that even The New York Times, the chief interference-runner for the Biden administration, has admitted the situation may be more “complicated” than Harris claims. --->READ MORE HERE
Harris rips economic hardships that began during her own administration in campaign speech:
Vice President Kamala Harris conceded Americans are struggling in the current economy and vowed to improve things after President Biden boasted his policies were "working" just a day earlier.
Harris made the remarks during a campaign stop in North Carolina, where she unveiled part of her economic platform for the 2024 election.
"We've made historic investments in infrastructure, in [semiconductor chips], manufacturing, in clean energy. And new numbers this week alone show that inflation is down under 3%. And as president of the United States, it will be my intention to build on the foundation of this progress," Harris said.
"Still, we know that many Americans don't yet feel that progress in their daily lives. Costs are still too high and on a deeper level, for too many people, no matter how much they work, it feels so hard to just be able to get ahead."
Harris also pledged if she wins to "take on the high costs that matter most to most Americans."
"Like the cost of food. We all know that prices went up during the pandemic when the supply chains shut down and failed, but our supply chains have now improved, and prices are still too high," Harris said.
Critics hammered Biden in the first half of his administration over pervasive supply chain issues that left grocery store shelves bare while other goods like automobiles had monthslong production delays.
Inflation and supply chain problems were worldwide issues as most countries struggled to rebound after the COVID-19 pandemic. The U.S. fared better than most in terms of inflation rates, but many Americans still felt a disconnect between Biden’s early insistence the economy was in good shape and their own financial struggles, a gap that showed in Biden’s low economic approval numbers. --->READ MORE HERE
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