Right-Wingers LOSE IT Over Harris' Price-Gouging Ban
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- Опубликовано: 10 сен 2024
- Vice President Kamala Harris have right-wingers on their heels with her anti-price gouging proposals. Cenk Uygur, John Iadarola and Maz Jobrani discuss on The Young Turks. Your Support is Crucial to the Show: go.tyt.com/joi...
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"Amid reporting that Democratic presidential nominee Vice President Kamala Harris will make her debut policy speech targeting price gouging, Fox News personalities are falsely claiming that there’s no evidence that supermarkets engaged in profiteering and criticizing Harris for “bash[ing] businesses.” However, in March, the Federal Trade Commission (FTC) reported that large grocery companies raised their prices higher than their costs, and several other studies have illustrated that such profiteering was a significant driver of inflation."
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240816__TA04FoodPriceGouging
They have been complaining about food prices and yet they want to protect those corporations right to raise prices above and beyond the rate of inflation. They have had record profits but that has nothing to do with their greed or price increases. 😂😂
They don't have record profits...and prices are determined by many things including: the purchasing of the dollar, energy costs, labor costs, manufacturing costs, transportation costs, and real estate. Everything has gone up dramatically. This is the government not accepting responsibility for the problems they created. A vote for Harris is a vote for a bigger, more expensive federal government that overreaches into the private economy. It's socialism and it does not work.
Prices cannot drop until POPULATION DROPS.
Demand has to DROP to drop PRICES.
Will population expansion reduce demand on RESOURCES?
Dems and GOP both imagining more babies = WHAT?
GOP sees more babies as $$$$$$$$$.
Dems see more babies as VOTERS.
So neither party is ADULT ENOUGH to mention that HUMAN OVER-POPULATION IS VERY VERY BAD ... FOR ALL THE HUMANS.
Stock Market seems to be JUST AS CULPABLE as evangelical Trumptards in this dynamic of MASS STUPIDITY.
@@TheOfficialTarynTots How's that minimum wage in California doing?😂🤣😂
@@LilRebelYell I wouldn't know. I've never been to that state. How was the Klan meeting last night?
@@TheOfficialTarynTots The Klan was a Democratic institution.
Companies are 100% price gouging, they don’t want 300% profits anymore, now they want 1,000% profits, and there’s no law preventing this abuse, something has to be done.
Then don't buy the stuff. If you think the price is too high, find a different product. Use a different service provider. That's what I do. That's called capitalism. Higher prices are caused by inflation which is a result of too much money in the market which is a direct result of the Biden Harris administration policies. But don't hold your politicians accountable.
@commonsenseparty1396 don't even know what to say here. I don't think you understand how government economic policies have caused this. If you go back to Obama the same exact thing happened. Everything skyrocketed and Americans were barely getting by. Companies are not price gouging because if that was the case. Why is housing, clothing, utilities, gas, and everything so high. Everything is being ran by our government. You can't have water, electricity, cars, and list goes on. Without the permission of the government. Meaning the government controls everything. The government has caused this due to their prices. So now companies have to raise prices to make a little profit. To pay employees, supplies, and whatever else they need to keep going. If she goes through with her plan and she becomes president. It will destroy America and Americans. Businesses will leave America because they will not profit. Meaning less jobs, less resources, and more homeless Americans. I don't think you truly understand what will happen. America buys and trades from countries all over. Tools, clothes, phones, computers, laptops, appliances and list goes on and on. Americans are living paycheck to paycheck and only spending on groceries, bills, and essentials to stay a float. Meaning if Americans don't buy the items that other countries make. Than our economy hurts and other countries hurt. This is why a lot of companies are leaving democratic state's. I know it sucks to hear it because you are a Democrat but even CNN admitted if Kamala does it. That it would destroy our country. Right now is not the time to put our emotions into politics. This will destroy future generations and they will never afford to buy a home. This what Trump knew best and why we had more jobs and money. This is why world leaders from other nations respected him and no wars. He made everyone all over the world money. When we were thriving other countries were thriving too. If she becomes president and when she goes through with it. The only thing that will fix our economy would be world war. Especially since liberal media news are the only ones who who are talking about world war 3. World war 2 started when we were in a great depression and we are at a all time high inflation. During world War 1 and 2 we had democratic presidents in power. All I know is I hope you are willing to die and fight for her. No doubt in my heart if she wins we are going to war and will be forced to fight. If you really pay attention the whole world is waiting and watching to see who will be the next U.S. president. Much love to you and hope you will do your own research on what I just said.
@@commonsenseparty1396 really? Do they all get together and determine what the increase should be? Or does the increase of money supply cause the inflation which could cause a higher price on goods?
@rickrinke1443 Multi Billion dollar Companies dictate the prices on a free market. Inflation and price gouging are different, inflation increases the price of goods to a certain point, but what we are looking at is Companies raising the price of goods exponentially using inflation as an excuse to justify price gouging.
@commonsenseparty1396 exactly and who do you think donates to democrats. Those same corporations. It's like democrats are making democrats rich.
Yes there is evidence of corporate greed. WE’VE ALL SEEN THEIR RECORD PROFITS. Such liars.
When corporations brag about their record profits to their investors, they use the term "pricing power" which means we can charge high mark ups in price and not lose sales, ie price gouging.
@@rafaelmariscal9170 do corporations all get together and discuss how much they should price gouge? Are they all working together to steal the consumer’s money? Or do individual corporations use a VAVE tactic internally to save on the cost of producing a product? Since you’re a smart Harris voter I’m quite sure you know for sure!
@@rickrinke1443Prices are based on supply and demand economics 101
@@mattp2279 O kidding wow you’re smart! Now explain money supply 101?
@@wendycanuck1019 Are corporations only greedy during Democratic administrations because inflation wasn't a thing under the most business friendly Trump administration?
Hmmmmmmmm!
When CEOs are _bragging_ about it, backed up with quarterly data reports, that’s not evidence?
There has been several studies showing around 50% of the inflation we have experienced is due to CORPORATE GREED --- raising prices beyond what their overhead costs.
Nope. Not True. Inflation is caused by government spending beyond what their intake is and increasing the money supply. Economics classes will teach you this. Economics is very much founded on Mathematics. You can see the Math in the prices. Corporate Greed will only push a Corporation OUT of BUSINESS because consumers will NOT buy their stuff. Competition is the choice the Consumer has. If someone is priced too high consumers simply will NOT buy it! And that causes the price to FALL.
Dear khrfx4715, please take several Economics courses before posting that misleading claim. And also please post a LINK to the "studies" you claim, because I guarantee you those supposed "studies" do not have to do with Economics.
@@eclipse-sh1qmZ3mOtcua Now do a lecture on how monopolization and corporate conglomeration affects prices. Lack of competition creates an environment ripe for price gouging. When corporate excess profits are as high as we’ve seen in the past few years, it’s hard take your fancy pants explanation seriously.
So corporations weren't greedy for the decades when inflation was at 2%? They only decided to become greedy after the pandemic and have become less greedy in the last year as inflation has decreased?
@@eclipse-sh1qmZ3mOtcuasorry facts trigger you so much. What you said is absolute nonsense and just the typical right wing propaganda talking points from fox disinformation news.
@@jackied962how have they become less greedy when they are making record profits from raising prices?
There is an easy way to measure corporate greed: look at percentage price increase vs inflation percentage, you'll find that prices were raised above inflation
It’s essential to establish in the first place what we mean by ‘inflation’; currency inflation is different from price inflation. What you’re probably talking about here is downstream price inflation versus upstream.
And now that inflation is cooled and on target, they're STILL raising prices! Its gross.
Stop complaining about food prices people! Those corporations desperately need our support for their record profits. 😂😂
As do the oil companies. 😂
Thats just supply and demand not price gouging. A natural disaster causes greater demand on a limited resource. So people in effect bid up the price.
@@jackied962you’re an idiot
Get inflation down prices come down
@@jackied962 Four companies own 85% of beef processing, 80% of corn seed distribution, 77% of fertilizer production, and 69% of grocery sales. Minimal competition means maximized price-gouing.
Monopolies and corporatism are not real free market capitalism - they are the opposite of the free market - it's the oldest republican/libertarian lie.
Exactly and this is something that needs to be mentioned and hammered home more. America hasn't had free markets in forever. People on Fox News are OK with price controls so long as it's a corporation setting them.
Monopolistic companies create their own competition. It's unfortunate that the market takes time to correct but it will do so inevitably. Free market has its flaws but it's the best method we have. Much better than government meddling and causing shortages.
Anyone can raise their prices and then say, "Biden did that!". And that's exactly what they do. I live in rural Ohio, Trump country, where they put, "BIDEN DID THAT!" stickers on gas pumps and everywhere. It's really stupid.
That's the problem people r beyond stupid. Look at the infrastructure bill. About every Republican voted against it. But was then all smiles for the camera when a new bridge got put in the district. Same with the Border. They piss and moan about illegal immigration but when a good bill came they voted against it to worship the Father. (Yes that's a far cry 5 reference.) They do the same with Ukraine they bitch and cry about sending money. But it's mostly unused cold war equipment. Many far left say that to. But remember those same people that would freak out if Russia invaded Poland and than we had to go all in. They be crying 😭😭 why didn't America do something to prevent. Same with that train derailment. They voted for it even though they got no profits from it. But I still for u Ohio. U guys will be better I think. P.S great job voting for abortion and marijuana.
@@TheDude0fLife Corporations are only greedy during Democratic administrations where government spending skyrockets but not during the most business friendly Trump administration?
Logistic fallacy!
Price gouging is already illegal she's just going to allow the government to enforce those laws...
@Mr_Timi1 honestly it's the Biden and Harris administration fault in why we have high inflation. Same thing happened with Obama when he was president. No companies that are in America can do business without government permission. Especially when it comes to gas, electricity, water and etc. Democratic economic policies is why companies have to raise prices. So they can profit a little. To pay employees, supplies and whatever else they need to keep going. If she becomes president and goes through with her plans than America and Americans are done. Companies will leave America in droves. Meaning less jobs, less resources, more homeless Americans. Meaning government will control everything and you think the prices are bad now. Just wait and see when she wins and applies those policies. We buy and trade from countries all over. Tools, clothes, phones, computers, appliances and list goes on and on. Americans are living paycheck to paycheck and only spending on groceries, bills and essentials to stay a float. Meaning if Americans can't spend on buying the items I mentioned earlier than our economy hurts and other countries hurt. This is what Trump knew best. He knew to bring back businesses to create more jobs and help the economy. This is why so many world leaders respected him because he was making money for everyone and no wars. When we were thriving other countries were thriving. Millions and millions of people from other countries want Trump back. I'm not saying to vote for Trump by any means. You vote for who you want brother. If you actually go back and research what party was president during world war 1 and 2. You will see they were democratic presidents. World war 2 started when we were in a great depression and war is what helped fix the economy. Especially now that we are at a all time high inflation. The only thing that would fix our economy if she was president and actually went through with it would be world war 3. Especially since the only people who talk about world war 3 is liberal media news. Much love to you and everyone you love. Just hope you actually do your own research.
She can't even define what gouging means and how is she going to enforce it. Most importantly - how much is it going to cost the taxpayer and is really going help??
@@mjgaz6 donOLD literally has no plan for inflation. Be quiet
@@eavesdropper0 what's Kamala plan keep handed out money which artificially inflates the economy which causes inflation.
@@mattp2279 watch this vid. Whats donOLDs plan? Does he even have one?
Clinton handed Bush about 4.5% unemployment, and Bush handed Obama 8% unemployment, and Obama handed Trump 4.6% and Trump handed Biden 7%, and today is 3.9% unemployment.
Don’t get me started or we will have to start talking budget deficit being inherited from Republican administration to Democrat ones..
NO SIR BEFORE COVID HIT TRUMP'S UNEMPLOYMENT RATE WAS 3.6% SO YOU CANNOT COUNT JANUARY 2021 BECAUSE THAT WAS COVID SOMETHING THAT YOU DEMS AND TRUMP HATERS CREATED TO KILL SEVERAL BIRDS WITH ONE STONE. FACTS FACTS FACTS
@@michaell8722yep. What happened to Trump getting the deficit to zero. I'd like to add an lol, but it's just so sad that his followers believe literally everything and anything he says
@@michaelro2871 you are right. Obama wasn’t perfect but one thing for sure he inherited one of the worst economies in American history. If a republican had been elected after W we would be lucky to not still be in a full blown depression now
“Grocery prices are high because of Kamala Harris and Joe Biden.” Right wingers
“Kamala Harris wanting to make grocery prices lower will make prices higher.” Also right wingers
Price controls will lead to shortages.
@@JChang0114 So supermarkets should be allowed to rip people off with high prices?
Weird how you forget that Biden and Harris are the cause of why everything went up. Yet I guess you wouldn't know how sales, revenue, and the economy works. Meaning nothing will change because no companies are price gouging. For you to actually to believe that is hilarious. So you mean gas, electricity, groceries, clothes and list goes on and on. So every company is price gouging. Go look at the full video and go look at CNN admitting the truth on Kamalas Talking point.I don't understand why people don't do their own research TYT is paid by the democratic elites. So it's their job to mislead you. Trust me when I tell you it's going to get worse if Kamala wins.
@@HappyBanjo-oc3pc Supermarkets make between 1% to 5% profit on average. Kroger only made 1.5% profit, they are not price gouging.
How does one determine price gouging? Cenk said selling water that is normally $1 a bottle is price gouging but what about $2 for a bottle of water?
@@JChang0114 these people only know what they’re told. They don’t understand how things actually work.
Price gouging is something that happens when you have monopolies and cartels. Remember the shortages we had of eggs, meat, baby formula, etc... usually because there's one step of the supply chain controlled by a monopoly and no alternative? The market doesn't lower prices when you have monopolies. There are two ways to fix it. Price controls like we have traditionally used with utilities because they were necessary monopolies - or we break up some companies.
They are price gouging and they are making products smaller and charging a whole lot more.
incorrect. Please take Economics classes at the University level. "price gouging" can't exist in America, except in Emergency situations. If a product is priced too high consumers vote with their dollars and find a cheaper alternative. Thus, if a price is too high no one will buy it. And then, in order to get rid of it, the price on it will come down, until it gets to a point where consumers feel it's reasonable and then they'll switch away from their alternative and come back and buy it.
Do you realize that grocery stores only have a profit margin of 1.6% ?
@@eclipse-sh1qmZ3mOtcua you are assuming a decent, well priced alternative exists. This often time doesn’t happen because in America, we have like four or five major food companies, the dominate the industry. Also, I ain’t believing the self proclaimed 1.24% when they’re boosting about record-breaking profits.
No evidence of corporate greed. Hillarious
Hilarious you think it's spelled with 2 L
Yes, please, please stop the price gouging! The grocery stores are ridiculous!
It's not just groceries. You are really missing the bigger picture. It is the high tax rates that democratic economic policies that have been put in place. So now every company in America has to raise prices. They have to raise prices to make a profit to pay employees, supplies, transportation, and whatever else they need to grow and keep going. They make new buildings and create more jobs. The taxes are the issues and why a lot of companies are leaving democratic cities and states. They are going to red state's that don't over tax them. This is Biden and Harris fault in why the American people are in the situation we are in. Same thing happened under Obama when he was president.
Grocery stores? The profit margin of grocery stores like Walmart, etc., is LESS THAN FIVE PERCENT. Also, corporations didn't suddenly become greedy when Biden entered office... However, massive spending bills and printing six trillion dollars can (and did) most certainly contribute to inflation.
Everything is too high, it all has to be lowered back to what it was until employers pay us more or we will have to snatch them off the racks like hotcakes!
@@KChelseaVenus exactly it will come down to the people demostrating a show of strength. Meaning we all go armed in front of the capital and show them you better get right.
@@josevillarreal6193 Yes we go armed to get rid of the MAGAs in Congress. 🤣 And SCOTUS the 6 corrupt only. 🤣🤣🤣🤣🤣🤣
no evidence?????? check the quarterly reports kudlow...what a horrible human he is
I thought the right-wing liked Russia now.
Ahhh you know them. Whatever words fill in the blanks that causes outrage with their followers. Kudlow claiming there's no such thing as corporate greed should have turned every Fox viewer into a skeptic.
THIS MAN SAT THERE AND SAID THEIR IN NO EVIDENCE OF PRICE GOUGING GUESS HE AINT BEEN TO A DOLLAR GENERAL LATELY.
You can thank Joe and Kamala for that. Handing out free money artificially inflates the economy which causes inflation causing higher prices..
Fact inflation was at 1.4% when Joe and Kamal took over google it
@@RowdyRabbits420 inflation. Caused by government printing more paper money than the revenues it brings in.
It ain't rocket science but it does take common sense!
Why did they wait almost 4 years to get this done I work in a supermarket and watched the price go up monthly and they didn’t care then now they do please this will get swept under the rug day one if they win
She is shaking some feathers already good job!
Wtf she’s been vice president for 4 years bot
Do you think he struggles to buy groceries?
"there is no such thing as corporate greed"🤦🤦🤣🤣🤣
The corporate system is based quarterly increase in profits - every quarter more, more, more - it is literally system build on and for greed!
Making food affordable again , YES PLEASE 🥺
Fit to fat to fit?
Look at the numbers dude, corporations are making record profits pretty much across the board
And so many corporations are also going bankrupt. At least 10 large ones over the past year
That's great that means people have jobs
If people don’t think these companies aren’t price gouging need their heads examined. Record profits, increased bonuses, and the average consumer doesn’t benefit. Get real!!!
Tucker did a whole show about grocery shopping in Russia and how great it was! Now Republicans are saying no we don't want that here....geez
The extremist right is gone looooney!!!😂
So you want to be like Russia? Where a man most hate is a actual tyrant and silences his opponents with death?
CORPORATES: our costs are to high so we need to inflate our prices
Also CORPORATIONS: we just had record profits!!!
Didn't tucker Carlson give a tour of a Russian grocery store and say how wonderful it is ? Lol
Record Profit!! That’s your Evidence!!
Consecutive years of record profits during a recession.
Price gouging of pharmaceutical drugs makes no sense to me; if you as a company charge medications so much that many potential customers can't afford them, then how are you going to make money off those medications in the long-term with only the wealthy top percentage of the population being able to afford them? I think The U.S. Federal Government needs to have some form of price control to ensure that we don't pay an absurd amount for prescriptions compared to other developed countries. If a bottle of pills in say Germany costs $6.00, that same bottle of pills shouldn't cost more then 50% extra here in The U.S., which would be $9.00 in this case. I'm not saying pharmaceutical companies don't deserve to make profit for their research & development, but they shouldn't be able to charge insane prices for their life saving products that most uninsured Americans can't afford.
Very easy. We got that same US medicine in the Netherlands for 10% what Americans pay. They do sell it for cheap all over the world, just not in the US. All those new medicines have patents. The German pills are the same pills of the same US company. The even crazier thing is that they get subsidies from the government to research those medicines. Your US taxpayers money goes to development. Your system is so crazy it should make you revolution mad.
My country has private healthcare with price regulations and our healthcare insurance we buy ourself here. Healthcare insurance is on the consumer market, not with your employer. The insurance companies fight for the cheapest prices. Healthcare insurance is mandatory and poor people get social benefits for it. One bad thing about is that in 2014 they thought to put a own risk policy on it, so i've you use it you got to pay up to 375 euro. Not so bad for the US, but for us it's a disaster. Defaets the whole purpose of healthcare for poor people. There are a lot of things covered thought without having to pay your own risk. Especially many preexisting conditions.
With everything you pay 250 a month with dental. You choose every year a new insurance. You can opt out dental and pay 130 euro's a month if your teeth are good for a year.
It's no universal, but it's pretty good.
As a Canadian, please ask about Galen and the bread increase. He got taken to court about it and will be paying consumers back. We just have to apply for it. Corporate greed IS REAL.
Administrations can influence prices but ultimately cannot begin to fix prices or put a ceiling on them without negative consequences. Harris would be smart to not do this. But things that can alleviate rising food costs are many, but a few are: 1) Encourage small-scale and urban agriculture to increase local food supply 2) Regulate or limit the role of speculative investments in short-term food volatility (probably very difficult to implement), 3) Implement cash transfer or food assistance programs to help vulnerable populations during price spikes 4) Diversify crop production to reduce reliance on a few staple foods 5) Develop community-based support systems and food banks 6) Improve local food distribution networks 7) Raise awareness about diverse, nutritious diets using local ingredients
- Provide guidance on adapting to price changes while maintaining nutrition
…
this is a multi layer plan and we absolutely should go after companies that took advantage of us during the pandemic.
It mystifies me why Kudlow is a thing, I've never seen him be right about anything
Again a comment section filled with Trumpist bots.
Agreed
Oh look more uneducated emotional democratic voters who are brainwashed. I'm actually a independent voter but your comment just shows the lack of knowledge in economics and policies. I know you are loyal to the democratic party but Biden and Harris are to blame for why everything costs more. I know you hate to hear the truth and don't want it be so. If she becomes president you think things are high now. You just wait when she becomes president and implements her plan. That means companies will leave America in droves. They will make no profit and meaning government can control the price on everything. Will be less jobs, less resources, more homeless Americans. Companies are not price gouging because if that was the case why is everything higher. Housing, vehicles, utilities, groceries, gas and list goes on and on. So are you implying that every business in America is price gouging? Wake up and pay attention because of she wins and applies those policies. America and Americans are done for. After that the only thing that will fix our economy would be world war. I just hope you are willing to fight and die for her. They will force Americans to enlist.
How is there no price gouging when Wall Street making record profits while main street is hurting. 🤷♂️
The problem is, she is just pandering. She won’t do anything.
She could be doing it right now if she wanted too.. Thats the funny part.
A quarter pounder used to have a quarter pound hamburger in it. It's basically a dollar cheeseburger now from early 2000s for $6.39. Enough said.
Yep, it is not price controls, it is anti-gouging. And there are already examples of it working effectively at a state level. Governor Roy Cooper is very well liked in NC because he used those laws very effectively to punish unscrupulous businesses, particularly during Katrina and during the recession.
We should all play a game of how fast it will take for right wingers to mention communism 😆
And then the Conservatives deny they are Fascists. While attacking ANTIFA.
That's when we knew American education was broken.
Both political parties had no ability to educate their supporters on what "ANTI" means when connected to "FA".
"AGAINST" "FASCISM" = ANTIFA
was something not requiring a Harvard Degree.
Meanwhile "COMMUNISM" = a pooling of civic resources is what Wall Street fears more than WW3, yet most of THE COLONIALS OF AMERICA were in fact:
COMMUNISTS.
@@Greg-io1ip ANTIFA are the actual fascists tho. If so called conservatives where acting like ANTIFA then you would have a point..
Conservatives: Prices are too high! Democrats to blame!
Democrats: Okay, let's do something about it.
Conservatives: NOOOOO!!!
But Tucker Carlson said Russian supermarkets are better, so why are they complaining
Capping profit margins is not actually supporting a free market economy. We need to stop supporting gigantic brands and start localizing our food supplies.
It's true. Look it up! Back in 2000 the egg companies were ordered to pay $17 MILLION DOLLARS when they were proven price gouging. Last 2023, Egg companies profited 750%!
Of course there is evidence
No evidence, what about record profits while wages show no growth even as productivity increased?
Wages have grown but the inflation ate it up.
Larry Kudlow has never been right on anything about the economy ever
Didn't Tucker Carlson praise Russian grocery stores?
Tucker Carlson probably went to Russia to buy a baby to groom. In Russia:
Weed, Illegal.
Selling underaged models and unwanted babies?
Very patriotic Russian tradition.
@@Greg-io1ip You just love that DNC propaganda don't you?
Its funny when they say they won for the consumers. You all ever seen a dime of that money? I sure never have not.
Last year 50% of inflation was corporate profits.
Oh shut up Larry! We know price gouging is lining your pockets.
I seriously question the premise that government aid in response to COVID-19 pandemic shut downs way back in 2020-2022 has caused the inflation that currently exists. During the pandemic shut downs, businesses were closed and people were out of work. The govt. aid was to keep citizens from having to eat out of trash cans and live on the streets. Many people had no other income during that time! The shut downs have been over with going on 2.5 years or more now. The supply chains are back online, businesses are open, workers are back to work, the govt. aid has stopped since then so what are people talking about the gov.t aid is still causing this inflation? That's bull crap, and you know it! These businesses went up on their prices due to corporate greed. They are trying to make up for lost income from the pandemic shut downs so they are inflating the prices b/c they can do so w/o anyone stopping them! It is just that plain and simple! But, VP Harris is correct. The Federal Govt. can do something about it if they really want to. So, I hope she does keep this campaign promise if she is elected POTUS!!!
grocery companies MADE A KILLING DURING THE PLANDEMIC
If we elect a Democratic Controlled House of Representatives with a Democratic Senate as well as getting Kamala Harris to 270 electoral votes then maybe, just maybe we will see something done about this price gauging and we will see prices eventually start to fall.
Why? , Because Cooperation between both Houses of Congress and the President is what gets things done like this in this country.
@@djthereplay 100%
With everyone crying about prices on things I knew they'd immediately start crying about socialism/communism the second Biden or Harris went after companies for keeping prices artificially high. Damned if you do damned if you don't
Wow, this comment section turned into a troll farm real fast.
Yeah I noticed the capitalist shill troll and bot farms parroting right wing propagandist talking points throughout the comments.
Our liberal govt of Canada already had the head of the top 5 grocery store CEOs brought in for questioning about price gouging,. Our govts are about to make a deal with a big grocery store chain in the UK to start up business here to give us Canadians more choice. Our govts had them sign a document, or they are in the process of them signing it. If they dont agree on this pricing document, our govts threatened them with more taxes. Only a liberal govt would do this, never a conservative govt. This is why we have to keep the conservatives out of power here.
Canada needs to get rid of Trudeau and their stupid carbon tax. And that alone would bring down the price 'massively' on food. Trudeau is the one making Canada's cost of living expensive as F.
Thank you, Canada for being the petri dish for bad ideas so that we in the US can learn from your mistakes.
trade one republican for one immigrant...and watch the country flourish...!!
Flourish into what exactly?
We already control food prices.
We highly subsidize the farm and dairy industry.
If farms can't sell, the government buys it and stores it. If farms have crop failures, the government pays for their losses.
WTF are REP talking about.
You are talking about commodities...we are talking about retail businesses.
Vice president harris have good leadership skills.❤❤❤❤❤❤❤❤❤❤❤❤❤❤
You didn't read the articles where those Democrats who worked closely with Harris tell what a horrible and cruel person she is. She does NOT have leadership skills. She's a cruel, nasty, heartless BULLY!
😂😂😂😂😂😂
What a Suprise pushback from the Right on Stopping Price Gauging Inflation by Corporations, man these people dont live in the real world like the rest of us paying these Rise in Costs!
Keep voting democrat and watch the prices soar to higher levels! If Kamala could do something she has 3 1/2 years to do it.
You can blame Biden and Kamala for it. Same thing happened under Obama when he was president. You really need to understand how economics works. Also how businesses have to profit to pay employees, supplies, transportation, and list goes on and on. They have to make money to make more buildings that create more jobs because of supply and demand. It's democratic economic policies that are at fault. I know you don't want it to be true and that you are a loyal democratic voter. The thing that you are missing is everything went up. Vehicles, clothing, groceries, utilities, insurance, housing and again list goes on and on. So are you implying that every business in America is price gouging.
Their administration helped CAUSE inflation with MASSIVE SPENDING BILLS and printing SIX TRILLION DOLLARS. Corporations didn't SUDDENLY become greedy...
@@briansmith2182nope. Supply interruption and greedflation
On average, the European compensation rate for CEO's is 11 to 1, or 11 times the average salary of their employees. The US ratio is 340 to 1.
Yes it is.. my gym protein shake went from 7.95 now it’s $12.90 how is it not price gouging???
How is it price gouging?
If people keep paying that much then why would they lower their price?
depends on how much they pay for the ingredients. gas prices can impact that as well as you need to transport those products
You really need to learn economics. Why is it every time a Democrat is in office everything goes up and all of a sudden that president is worth over $120 million. Especially on the government income they make. Companies have to make money. So they can pay employees, buy products, materials, and list goes on. Kamala doesn't know a thing about running the country and what she plans to do is actually make things even worse for Americans. Companies left America because of high taxes. Now she plans to really hurt the American people more. Meaning more companies will leave, less jobs, more Americans homeless. Will be less resources for everyone.
Right wingers: prices are too high under Biden and he is doing nothing!
Also right wingers: how dare the next president suggest something to bring down prices!
Americans are WEIRD 😅
Correction: Republicans are weird, not Americans.
This is a smart political move because now she has Republicans defending corporations charging consumers more. They are trying to convince people who can clearly see companies are price gouging as well as making products smaller but charging more.
@RodriquezS I don't think you understand what they are talking about. Especially I don't think you understand how no business can be ran without government permission and paying taxes. The reason why everything is so high is because our government has raised those taxes to corporations to a extremely high rate. Biden and Harris are to blame. Same thing happened with Obama when he was president. Companies have to raise prices to make a little profit. To pay employees, supplies and other things to keep their business going and growing. So the price gouging is false because everything has gone up. Electricity, water, housing, clothes, and list goes on and on. So that world mean that every company in America is cheating Americans. My point is the democratic economic policies are to blame. We buy and trade from countries all over. Tools, clothes, phones, computers, appliances, and list goes on and on. Americans are living paycheck to paycheck and only spending on groceries, bills, and essentials to stay a float. Meaning if Americans are not buying items from other countries than our economy hurts and other countries hurt. If she becomes president and goes through with that policy. America and Americans are done. Businesses will leave America in droves. Meaning less jobs, less resources, more homeless Americans. Meaning the only thing left to fix our economy would be war. This is what Trump knew best and wanted to bring back Businesses. This is why world leaders from other nations respected him and we had no wars. He made everyone in the world money. If you really pay attention you will see leaders from every nation are waiting to see who will become president. They know exactly what is coming and no doubt in my heart if she wins we are going to war. World war 1 and 2 started under democratic presidents. World war 2 started when we were in a great depression. Much love to you and your family. Hopefully you will do some research and understand more on what I was talking about.
Break up the monopolies then you don't have to worry about price gouging. Simple as that. There is no way on Earth that this Kroger Albertsons merger should go through.
It's easy to fool stupid, economically illiterate people by blaming corporations for inflation.
The cause is pretty simple --- Biden/Harris declared war on oil which goes into the production & transportation of everything & what do you get?? Higher prices. Duh.
Price controls have never worked in the history of earth.....but Harris & her followers fall for it.
Wise up.
Kroger operates on 1-2 % profit. Wake up you nerd.
@@jennifersmith4864 Do you think that energy is the only cost associated with production of goods? What about labor and raw materials? You do realize that the price for oil and coal is set globally right and Trump would have to find and ungodly amount of it to offset the price of the entire rest of the world's supplies?
Also it does kinda make sense to blame corporations for inflation when a handful of them control entire markets and have the ability to selectively set prices. Your mindset only makes sense if you assume that profit margins are already as small as they possibly could be without losing these companies money. Do you think that is the case?
Who's economically illiterate again?
@@AlexLaBarre
There are around 4 "means of production -- land, labor, facilities/tools, & resources.
When the cost of those thing goes up, then you have to raise the price of the product you produce in order to maintain your profit margin. Oil is the easiest example.
Alex, Trump did find an ungodly amount of oil, right under out feet. All you have to do is look back to the Trump administration. Gas was like $1.97/gallon. Inflation was about zero. Mortgage rates were like 2%. That's undeniable, no matter how much you hate Trump for some ungodly reason.
Oil was cheap because there was a lot of it being produced right in the USA. The more of anything being produced, the cheaper the price is. Do you remember a few years ago how Biden was panicked when OPEC said they were producing LESS oil which would drive prices up? He raided the strategic reserve in a silly effort to bring prices down.....the reserve that Trump built up when oil was cheap. BASIC ECON.
It makes absolutely zero sense to blame corporations for inflation when they are having to pay more for the means of production thanks to Biden/Harris's idiotic policies. It's very appealing to the stupid democrat base who are just as illiterate as Kamala. like dumb & dumber!! "oh, it's not me & Joe, look at those guys over there"!!
I am not an accountant or financial expert & do not pretend to tell a corporation like say Krogers what their profit margin should be....but you do?? Seriously?? You think Kamala can when she doesn't even know what a profit margin is?? I mean, let's face it, she's stupid.
But I do know that when any business can't make sufficient profit, they go outta business. And I know that every time price controls have been tried, it has led to disaster ---- Russia, Cuba, Venezuela, even Nixon in the 1970s. Every economist on TV, even liberals say it's a horrible idea.
So, yeah, who's economically ignorant? You really have to stick yer head in the sand to support Kamala, she's never accomplished anything, she's a lazy idiot & a danger to the USA. Wise up.
@@jennifersmith4864 it was Trump who asked Opec to limit production in order to increase the price of oil.
She is right. Take a look at the profits that they are giving their shareholders and buybacks. It may not be the grocery store but the product producers that inflate prices and keep them inflated so the grocery store has to charge more. What she is taking about excessive profits especially during tough times.
Cool now take a look at the cost of running things..
@@VooduWizard Now take a look at record profits and record stock buybacks. Your hyperbole only works on the stupid people who watch Fox news for imbeciles.
She is paid for by this same corporations that donate millions and millions to their campaign. God some people are extremely stupid. Why is it that Obama on his 8 year presidency is worth over $120 million. The same thing happened under Obama when he was president. They make millions while corporations make billions. They are bought and paid for to cheat Americans over. Yet when Trump was president our economy was thriving and countries all over the world were thriving. This is why they are smearing Trumps name and don't want him to be president again. Prices went down and people had money to consume and buy items that were made from other countries. He knew business and how to buy and trade. I am a independent voter but you truly need to educate yourself. Trump was creating jobs and bringing businesses back to America. I know you are loyal to the democratic party and don't want it to be true. All I know is if she wins and puts her policy in place. Things will get even worse and prices will skyrocket even higher.
Wasn't tucker literally in Russia, touting the good things they have in their supermarkets? 😅
hahahah EXACTLY!!!!
The evidential Price Gouging is circa 2008 and is described by than 20x salary for CEO's compared to normal workers. Get it?
It only impacts greedy billionaires. She said she was going to be supporting smaller grocery stores. It also supports Antitrust legislation.
RECORD PROFITS!
@@wendycanuck1019 Yes, no one is talking about corporations making record profits at the height of inflation. At least to folks that are obviously anti-Harris
Why hasn't Harris stopped price gauging, she's been VP for 3 & 1/2 years. What has she been doing?
Willie Brown syndrome
Vp doesn't have control on this. She can just give her insight
@@dcssaves581
Well, she claims she was a partner with Crooked Joe in all their accomplishments (whatever they were) --- obviously, her "insights" were a disaster.
You do not realize that even the US president can not push on a button named "stop price gouging" most times it takes painstaking legal steps and sometimes getting laws past in the house were GOP will kill it.
Feeling better???
Does anyone else notice Charlie Kirk’s haircut is lookin more fashy every day?
I’m just waiting for the day he sprouts a toothbrush moustache!
The right when prices are too high: 😡
Also the right when democrats want to put a stop to high prices: 🤬
This isn't a right wing thing.. Stop it.
@@VooduWizard Read the comments.
They went from "GROCERIES AND GAS PRICES ARE TOO HIGH!!!"
To "HOW DARE DEMOCRATS FORCE CORPORATIONS TO STOP MAKING PRICES SO HIGH! THIS IS LITERALLY MARXIST COMMUNISM!"
It's the corporations that set the prices,not the president
Yeah, and someone needs to take action against them. Who better than, say, a President?!
That is literally her point.
And it should remain that way
@@humanpotatoes4958 Read the Constitution please and cite for me under Article II where it says the President has the power to set prices of goods and services. You may also learn the President doesn't have the power to spend one dime of the money of the US. The power of the purse belongs to Congress. This woman doesn't understand basic economics. Inflation isn't because of price gouging. It is caused by the government printing too much paper money, which devalues the money. Price gouging is when there is a natural disaster, like a hurricane, and the demand for generators is high and the supply is low. The stores increase their prices, knowing the public wants and needs a generator and will pay any price to buy one.
"There's no evidence of price gouging or corporate greed"
.....except for the MOUNTAINS of evidence for both if you take your head of your ass for long enough to take a breath!
@@BeardiusMaximus Did I miss which companies Kamala said we're doing price "gauging"?
Where is the Biden DoJ charging these companies?
Or is Kamala doing what Democrats do best:Promise the moon but deliver butkis!
All companies are making record profits!
But Tucker showed me that Russian grocery stores are amazing!
If you like seaweed and mayonnaise fake coke and pine flavored tooth paste it's awsome
According to Tucker Carlson "Soviet" supermarkets are amazing! You can smell the Bread through the wrapping even! 😂
I support her 🎉🎉😂🎉🎉
If you get mad at enforcing the law you’re likely a criminal. At no point did the platform suggest a price cap. Instead they will investigate crimes in pricing.
All of you carping about "democratic policies", etc....The pandemic interrupted global supply chains, pushing prices up, but companies used that as an excuse to raise prices more than necessary to cover the increased costs, which is why they're making record profits, while working class people are struggling to afford necessities.
This is really not difficult to understand, if you don't deliberately try not to understand it.
Funny but inflation didn't skyrocket until Biden started printing fiat currency under his policies.
And gas was cheaper until Biden encouraged Putin to just invade "a little" part of the Ukraine.
They pushed the prices up because of the lack of supply cause by the disruption. Economics 101
@@mattp2279 No. They pushed the prices up more than necessary to compensate for their increased cost. You can tell that because they have higher profits, which is the money left over after the costs are paid. If the increase in prices was just to compensate for increased cost, revenue may be up, but profit would be flat.
Inflation vs price gouging are two very different issues.
No they are not. Inflation is the increasing of prices of goods to consumers. The corporations were increasing prices to drive more profits but the cost of their raw materials were flat. These corporations saw huge profits these past few years with these dynamics. Know your facts…
If corporate expenses remained the same and profit margins increased 20% (it's not exact but not far off) and they also increased 20% last quarter while costs for the corporations remained exactly the same...Where do you think the additional profits came from? Profit margins increasing are literally what they call "inflation." There's a difference between gouging and inflation. There's a difference between "inflation" and corporations simply raising prices and increasing dividends to shareholders
Inflation and price gouging both involve rising prices, but they differ significantly in scope, causes, and ethical implications.
Inflation: is an economy-wide phenomenon where the general price level of goods and services increases over time, leading to a decline in the purchasing power of money. Causes of inflation include increased demand (demand-pull), higher production costs (cost-push), or an expanded money supply (monetary inflation). It affects almost all sectors of the economy and is a natural part of economic cycles, influenced by broad factors like government policies, market conditions, and global events. Inflation is typically gradual and systemic, with varying degrees of impact.
Price gouging: is a practice that involves sharply raising prices on essential goods and services during crises or emergencies, exploiting increased demand and limited supply. It is localized and temporary, occurring in specific areas or markets affected by events like natural disasters or pandemics. Unlike inflation, price gouging is generally considered unethical and is often illegal, with laws to prevent it during emergencies.
While inflation is a widespread and often unavoidable economic process, price gouging is opportunistic, driven by the intent to profit excessively from consumers in vulnerable situations. Inflation reflects broader economic trends, whereas price gouging is a targeted and often exploitative response to specific crises.
It’s not just right wingers, but left news outlets. TYT got sucked in on this and showed how looney they are as well
The problem is she could push Biden to push bills right now but she isnt
She should.
Katie Porter proved that these companies are taking high profits. CEOs had to admit, in a hearing that corporate profits are the major factors on inflation. Look it up.
Hasn’t Larry Kudlow been wrong on a ton of his financial predictions?
Oh have another drink kudlow!! Please vote 💙🇺🇸💙🇺🇸💙💙💙🇺🇸💙💙🇺🇸💙
Remember that YOU are the corporations. If you have a 401k, and you are receiving dividends, and your stock value went up, then you benefitted. Did it make you a millionaire? No. So there is no price gouging. They made it up. The price gouging is your government taxing you and not providing any services in return.
Wasn't it tucker Carlson who went to Moscow and praised their supermarkets?
Hiw come you democrats are so ignorant? Really.
Russia isn't a communist country since like 1990.....communism was a gigantic failure, that's why Harris likes it...she's a retard.
@@jennifersmith4864there is no communism in America. Why are we still throwing out 1950s threats and acting like it's the boogeyman. Grow up
@@sohailakmal3384
There is no communism now but Kamala wants to institute it.
@@jennifersmith4864 Seek help for you mental illness ASAP
Russia isn't a communist country, r etard
Even the Wall street journal admitted they're price gouging.
We already tried this stuff before. Nixon tried, it failed
Thats was 100 years ago...
@@theoDSPWhether 100 years(it wasn't) or a 1000, the economy works the same.
@@theoDSPthe Soviet union tried it, it failed, the Roman’s tried, it failed. You see a trend?
@@bmoney9573 LOL
One thing I like about this policy is that, dems finally have someone who could easily double down on any criticism on communism or socialism crap ( Tim Walz)
Wasn’t it proven that companies (monopolies including meat, etc.) …took advantage of Covid supply, demand, whatever. I remember hearing that 56% of inflation was due to these monopolies price gauging. Am I wrong?
They blatantly stated in internal emails they were using Covid as an excuse to raise prices to increase their profit margins. The price gouging was almost entirely about taking advantage of a situation to increase profits, not about recoupoing losses because of the pandemic.
Yes Kamala! I love this. And this is why, if we dont stop price gouging then we will continue to snatch that over priced bread right out of yo face! Without paying for it! Now we can all play fair and thank you Kamala for making this happen in the very near future. We should not have to decide whether to pay for food to survive or rent or a bill.
That's not how economics works. I hope this is just populist rhetoric bc she's clearly the better option against trump
AutoZone profits are up because less people are buying new cars. Cheapest to fix than to buy new or even used. A bubble yet to burst. Car companies are in trouble.
Has Larry kudlow ever been sober.
Sheesh.. Kudlow forever beating that drum, Corporations are just hard working, regular people… Greed is not only good, it doesn’t exist 😂
Your evidence: high prices; record profits 🤔Gee, how is that, with all this inflation 🤔🤷🏽♂️
When the democrats charge the tax payers like $1 trillion on 8 EV charging stations, is that Price Gauging?
No, because that only happens in your brain damaged imagination.
@@droiduseruserdroid1731
No, it's a fact, get informed so you can hopefully make some rational comments.
Larry must be drunker than usual today.
"No such thing as corporate greed" what is the sole purpose of any corporation again???
Exactly. Corporations are destroying this country. I am Capitalist. Love money but not at the expense of those who are more affected by it.
Want to stop price fixing? Enforce the monopoly laws.
Bingo! Have 3-4 companies control everything is the issue.
Wow, there's an egg monopoly? Who knew?
It's a reflection of the simple American mind when they don't have any substance but buzzwords and some continue to fall for it..
It’s a vote winner but the policy never works as suggested