-1 points
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https://www.telegraph.co.uk/us/politics/2024/08/16/harris-lower-grocery-prices-trump-brands-policy-communist/

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17 points

Trump called it “the Maduro plan” and I’m laughing. What an idiot!

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-5 points

I should have known, when I read all the comments posted under the story I read about it earlier. Nonetheless, there is the ongoing issue wrt Palestinians and their plight.

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-3 points

there is the ongoing issue wrt Palestinians and their plight.

which is why we shouldn’t (totally) dump on Oliver, Stein, and West.

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-4 points

Someone elsewhere said Blackrock is writing her economic policy but I’ve not found anything during a brief search, so I can’t verify it. If they send the URL, I’ll post it.

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9 points

I mean… Price control is kinda anti-capitalist, he’s not wrong.

And no I will not vote for Donald Trump.

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42 points

IDGAF what they call it. Lower the damn prices! Sacrifice a billionaire to the capitalist god or something.

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22 points

You have to keep sacrificing the billionaires to the Invisible Hand until market equilibrium is restored.

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5 points

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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2 points

That just puts more money in the hands of Big Food.

Now, if the food support was limited to only be spent on fresh or frozen vegetables and fruit, that would help the kinds of farmers that aren’t already getting subsidized.

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32 points

I mean… Price control is kinda anti-capitalist,

Good. Fuck capitalism.

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0 points

The Nature of Capitalism

https://youtu.be/WseyrYuD8ao

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5 points

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.

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7 points

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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-4 points
*

Price controls could lead to shortages, which is reportedly common in Communist countries—which I’ll concede to Trump;

however, Trump is hardly better with his flogging crap, the encouragement of stupidity, the anti-science, and the tariffs—why do Trump supporters—presumably a vast majority being consumers—support tariffs, quotas, and seem indifferent to IP (“intellectual property”) trolls and their lobbies? Why do they oppose abortion (and perhaps contraceptives) when fewer children means less need to purchase stuff?

Perhaps price controls for basics are needed, but this is not the ideal; and if you support price controls because you favour socialism, then again, Trump is kinda right here.

note: if I was American, I would not vote for Trump or pretty well any Republican.

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13 points

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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-4 points

I wouldn’t lose too much sleep over the decision. In the end, I predict this election will be decided 6-3.

Only if they agree to hear the case. I’m not sure ACB or Gorsuch like him as much as people think. The elections are run by the states. Unless a super close Florida Bush/Gore situation happens I doubt it will even reach the SC.

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2 points

The elections are run by the states.

Nevada, North Carolina, and Georgia all have Republican governors.

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5 points

Your comment is pure denial and cope. The MAGA fascists are putting the people into place to steal Georgia’s election as we speak.

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1 point
*

The problem is that it’s anti free market.
You can make regulation for standards of quality and transparency, and regulation against unfair business practices and monopolies.
These things stimulate fair competition, and help consumers make good choices. Which generally result in fair value for consumers.
But you can’t dictate prices, it never works and it has been tried many times in many countries, and every time the result is shortage of the price regulated items.

If the price is set so low there are no profits, the goods simply disappear from the market. Nobody wants to work for free.
If the price is set high enough for companies to still profit, it has little or no effect in a competitive market anyway, and is unnecessary.
It might even keep prices higher, because the industry sees it as a floor they don’t need to go under, and it works like a cartel price setting.

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8 points
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We don’t have a true free market anyhow. Corn subsidies (among other policies) anyone?

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1 point
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A market can never be truly free, it needs to be regulated to work. Sometimes subsidies are needed to prevent possible shortages from year to year.
Subsidies are not to promote a free market, but to secure production.

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12 points

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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-7 points

Socialism doesn’t breed innovation. We need UBI.

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9 points

That’s what they tell us anyway. What actually breeds innovation is giving people the opportunity to explore their own talents and pursue their interests from a place of stability. Things that interfere with that include tying healthcare to employment, allowing receiving healthcare to bury someone in debt, tying public education to local income levels, allowing pursuing higher education to bury someone in debt, inadequate public mental health services, allowing the minimum income for a full time employee to be below the amount required to meet basic needs for the average family, allowing work time for a full time employee to exceed a reasonable limit that would allow the employee to spend time with children, take care of their own health, and pursue hobbies and other interests.

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95 points

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?

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74 points

Only he can do it.

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22 points

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!

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17 points

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.

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5 points

Party on @Coelacanth

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26 points
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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!

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17 points

the shrinkflation shall continue until his tiny hands can wrap themselves around a can of diet coke.

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3 points

Like that picture of Shaquille O’Neal with the water bottle?

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8 points
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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!

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7 points
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backyard chickens in cities.

Of course going vegan could also lower prices.

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0 points

Sure. But then people will accuse us of being insufferably annoying for knowing the ingredients to a good curry.

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2 points

Just… not anywhere close to Trump-owned real estate.

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2 points

Oh, I think there should be a cow and a chicken hutch in every Trump Towers lobby.

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2 points

Didn’t Mussolini hate sheep and people actively hid* them from his view?

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7 points

Tax cuts for the elite. It will trickle down to cheaper groceries. Read the art of the deal already.

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6 points

More tax reliefs for rich people.

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2 points

Did he actually say that? I just saw the dumbass holding up two sizes of tic tacs and idiotically proclaiming “tHiS iS iNfLaTioN”.

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1 point
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Well, we’re still waiting for the details on that “amazing” healthcare plan him and his team lied about having when they tried to repeal the Affordable Care Act, so I’m sure it’s just around the corner!

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8 points
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Fucking called it. That’s all he knows to do.

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