Wait... wasn't he just giving a "press conference" about how grocery prices have gone up? If not price controls, what will hinder price gouging?
this post was submitted on 16 Aug 2024
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Only he can do it. With big numbers, the best. I mean low
Only by giving massive amounts of no-strings-attached government money to Smithfield and ConAgra while lightly scolding them about shrinkflation can we address high grocery costs!
He will simply tell the companies they have to lower the prices, and they will say "no way" and he will say "way".
Problem solved.
Weren’t you paying attention? He’s not going to use price controls, he’s going to use container size controls.
It can’t be communist if it’s big!
the shrinkflation shall continue until his tiny hands can wrap themselves around a can of diet coke.
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We need to De-Woke the agricultural sector. There are too many regulations. Not enough people can keep a cow in their back yard and sell milk to the neighbors.
Retvrn to Tradition!
backyard chickens in cities.
Of course going vegan could also lower prices.
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Tax cuts for the elite. It will trickle down to cheaper groceries. Read the art of the deal already.
More tax reliefs for rich people.
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I genuinely wish we lived in the world they fear so much
Same
Surely linking affordable groceries to communism will make affordable groceries less popular rather than communism more popular.
Yes, if cheaper groceries are communist, then I’m ready for my hammer and sickle.
then I’m ready
Then WE'RE ready, comrade.
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The reason publicly traded companies continually raise prices is the pressure from Wall Street to continually make more money than you did last month, last quarter, last year.
Say you sell 1,000,000 hamburgers and make a 20% profit on it.
Unless you make more money next year, selling that same 1,000,000 hamburgers, Wall Street is going to punish you. They don't care that you're profitable.
You either sell more burgers or raise prices.
Yeah. They treat profit like a necessary business expense or a cost, and balance their budgets around it. Which perverts a fundamental of economics.
I'm starting to think the stock market is just a really awful bank that is sometimes also a ponzi scheme.
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Thank Jack Welch and Milton Friedman
A while back, Exxon set a record for any company in a quarter and everyone was going "Wooo!" and I was like "Well, gas prices are going up then... Think about next quarter and this quarter next year..."
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Kamala’s plan is some sort of vague “stop price gouging,” but Trumps plan is even vaguer. His plan was to hold a press conference next to some sausages and say that his administration would lower prices. He gave even fewer specifics.
His actual plans are project 2025.
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I AGREE, instead Kamala should do what Trump did and give us all multiple stimulus checks. Like how about every month. We can call it "Universal Basic Income."
American Basic Income. Don't make it and all weird and European sounding/s
You know how you end up with communism? You make it so nobody can afford their fucking groceries.
Only words left in the conservative vocabulary: "Socialist" and "communist"
I mean... Price control is kinda anti-capitalist, he's not wrong.
And no I will not vote for Donald Trump.
IDGAF what they call it. Lower the damn prices! Sacrifice a billionaire to the capitalist god or something.
You have to keep sacrificing the billionaires to the Invisible Hand until market equilibrium is restored.
Maybe $10 000 to each person per year in food stamps, and $5000 extra payment if they maintain a BMI under 25.
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I mean... Price control is kinda anti-capitalist,
Good. Fuck capitalism.
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Price control is kinda anti-capitalist, he’s not wrong.
It's authoritarian, but still very capitalist in function. The state is regulating the rate at which you can raise prices, not who profits from the sales.
And no I will not vote for Donald Trump.
I wouldn't lose too much sleep over the decision. In the end, I predict this election will be decided 6-3.
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I need to eat every day whether it's profitable for Jim Perdue or not. Capitalism is a terrible way to run food distribution or healthcare.
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The informed consumer is a great price control in the free market.
This is why I don't buy whatever crap that Trump flogs or for that matter tic tacs.
The informed consumer is a great price control in the free market.
What does that even mean? We all see prices rising.
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I think there is a difference between price-fixing and putting a stop to price-gouging.
Well of course paying lower prices is clearly communist /s
Fucking called it. That's all he knows to do.
Did he confuse the word consumerist ?
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