I'm from communitst Vietnam and can tell that Harris is a communist, a dictator like Putin. Her policies are exactly what is being run in Vietnam: government control over ecomony, market pricing, press, mandates on everything,.. and especially trying to put poticial opponents in prison! President Trump is just a victim of communist democrats party!
@amarabooker8627 to prevent price gouging is to implement price controls. Let the consumers and the markets dictate prices. The government should have no role in pricing whatsoever unless it is the direct purchaser of goods and services
@@stevelee9253 That is not what she is suggesting - listen more closely. Harris is talking about companies that collude with one another and fix prices to set and keep them artificially high. This is against the law. She is talking about enforcing existing laws to address price fixing schemes.
Kamala said she would cap costs on gas and goods to combat inflation. This same tactic was tried in the 70’s. This is what will happen. You have a product. Let’s call it toilet paper. It used to cost $1 to make four rolls, and they sold them for $4. Now it costs $8 to buy the same pack. Kamala tells the toilet paper company they can only sell their product for $4. But now, because of inflation, it costs $4 to make that pack of toilet paper. Because they won’t be making money off the product, they stop making it. Then there will be a shortage on toilet paper. No one will be able to find it and the demand will skyrocket. People will be selling it on the streets for $15 dollars a pack. Now, to fix that problem, Kamala is forced to lift the restrictions. The toilet paper company goes back to making toilet paper, but now, because of high demand and the street price being $15, they will sell their product for $10 a pack. Every economic scholar and top business executives all agree this is a terrible plan. It’s putting a lid on a pot of boiling water. In the 70’s, people were waiting in lines for hours to get gas, and then they were paying to much and you could only get gas on certain days, based on the last number of your license plate. The only way to stop inflation is to cut government spending. But politicians like Kamala don’t want to cut spending. They want a blank check to pay for all their pet projects and promises made on the campaign trail. So they come up with “solutions” that don’t include cutting back government spending. That’s why prices keep going up, the dollar keeps going down, interest rates keep going up….its a vicious cycle. Like it or not, we have to stop spending or our children will have no future, a crashed economy and a big mess to clean up. Not to mention a recession the likes of something we’ve never seen. It would literally take decades, probably more than our lifetime, to fix. We are at a crossroads. I for one am not going to let pride or prejudice get in the way of fixing the problem. I am not going to let my own ego and disagreement with how someone communicates ruin my children’s future. Trump is the answer. Anyone who says otherwise is either lying to you for their own agenda or they are brainwashed by the media and the corrupt. A pipeline, drilling oil, creating energy, cuts to spending, these are all things that will boost economic growth. Cheaper energy bills, cheaper gas. That leads to cheaper transport costs and brings down overall costs. It will make the inflation go down. And if the wars are your biggest concern, look back on the statistics. Trump didn’t create any wars and prevented many. He used a business like approach to makes deals with foreign governments that kept peace around the world and created prosperity for people worldwide. It shouldn’t even be a decision at this point if you seriously want America to bounce back and not go in a downward spiral. Remember, the people telling you he’s evil and saying he will take away rights are the same people censoring you, spying on you, trying to take away your right to free speech, right to bear arms, your right to privacy. They want to turn America into a socialist country so they have control over you. That’s the truth you won’t hear on MSNBC.
@@lisameans5905 price control has been done by Nixon and it went horribly wrong. It’s in our history books. It does not help with inflation. New liberal Harvard professor just came out today to denounce this plan
I thought insider-trading was too, but Nancy Pelosi and her bank account proves that that’s a lie. It’s only illegal as long as you’re not a politician.
I thought bank fraud was also which the United States government commits every single day they spend $1.7 trillion more in our tax money each year than they take and tax money. They’re spending money they don’t have. We are being run by Enron executive since 1992. It was said a 1990 to the United States government cannot let the debt get over $2 trillion. We are at 56 trillion today.
She does want price fixing and if it went through and there is less food on the shelves what's next? Forced production. And we are one step closer to their goal of no private business.
She didn't say price control. She is proposing that companies should make a fair profit and not make the record profits they have been making by charging consumers prices that are not aligned with production / transport cost increases. How do you explain companies driving up prices purportedly due to inflation and the increased input costs but then still making record profits and bragging about it to their shareholders? This is due to price gouging, which arises where there is insufficient competiton or collusion between competitors to fix or keep prices high so that they can all benefit. Yes, price fixing is illegal and as I understand it, Kamala wants to have greater powers to investigate and prioritize the enforcement of these laws. She is not intending to fix prices but merely ensuring that market dominant companies do not do so to the detriment of consumers.
George Carlin talked about this. The reduction of choice ans competition. Carlin said eventually there will be two oil companies and 4 media companies who control everything.
Right, as far as the entertainment industry, it's all liberal homosexual and leftist.So Carlin was right.The left is monopolizing the entertainment industry.So what Kamala is going to put a bunch of right-wing entertainment companies in place?I don't think This little munchkin is a liar.
@@rickjohnson5222 George Carlin (RIP) is literally a source of education. Watching/listening to his oldest-newest broadcasts you can literally see he cracked the code of lies deception and manipulation. He comprehended and tried to convey so much more than people will understand for at least another 200 years minimum. My skin crawls when I watch some of his latter material standup where he literally LITERALLY tells the audience they are fools and cogs in the system and they laugh because it is and it isn't a joke but you can see even in his face a kind of disappointment as he carries on the routine🃏F ing drones.
@@bethanyhealy4989 No, she isn't. If she were, she would "nationalize" the grocery store industry - take control from private companies and place the grocery stores under the auspices of the federal government. She is referring to enforcing existing laws about collusion and price fixing schemes.
@@ehansbrough593price fixes only equals to shortages on supplies because the manufacturers aren’t making any money off the product because it’s cost more to make it than it does to sell it she is actually trying to take control and get rid of private insurance companies so you don’t have the right to choose what insurance company you want you only have one option the government’s option
@@ehansbrough593 That is illegal to do. People can go to jail for price fixing. It don't happen. If t does people get in trouble. She is leaning towards a Venezuelan government.
Yup media confuses inflation vs deflation meaning all the time! Prices are still inflating!!! Just at a slower rate. No where neR the target goal. Private sector is squashed by over regulation and can't catch up.
@@hailrider8188 100%. These people truly believe that one of the worst rated vice presidential history is this all new person all of the sudden. Hate for Trump has rotted people’s minds. They’ve truly lost it.
@CautionBarrier If inflation isn't a concern, then everyone should just stop complaining about increased prices. I'm sorry you think economics 101 is a right-wing talking point but it's actually a field of study
@@hailrider8188 Price gouging has its own name. Don't claim you know economics when the only buzzword you understand is inflation. You are the definition of "low educated". Btw it's spelled "uneducated"
@@ItsMe-sv3mp I did not hear price control at all in her speech, price gouging is stop corporate greed, and prevent unnecessary upselling for corporate greed. Price gouging legislation prevents corporate greed and increases competition so consumers and suppliers benefit. It is a good economic plan that has winners for consumers, more suppliers, and prevents monopolies.
@@dsexton72 Name calling! That perfectly Describes her! You would know that too if she did any interviews! But you will find out on September 10! Remember what happened to Killary and Crooked Dementia J_e!
@@dsexton72 Hmm, first off, the prices aren’t going to go down unless we enter into a period of deflation, which can be more destructive than inflation. Well, there is a slight possibility that they could go down, but highly unlikely, and that is if the energy prices are significantly reduced. See, famers rely on gas / diesel to actually work the farms. Same with ranchers. The entire supply chain relies on electricity (mostly generated by coal / natural gas) to run. Every step of the supply chain relies on some form of gas / diesel / coal / natural gas to transport the products. You could shave off a few cents by lowering those costs, but in the end, when prices go up during inflation they stay up. She is lying when she says she can bring prices down (well, without using some sort of government mandate that forces the prices down). Let us not forget that she mentioned a week ago that she would raise minimum wage ... which would rase the cost of food as well. So, how could you cap the profits of a company (you would have to cap prices to cap profits) so that it is lower than they are now, while also raising the min wage? Only Walmart and Target, or similar department / grocery store combos would be able to survive after that. But ... hey ... I’m not trying to fool people into voting for me, so what do I know.
@@andrewclear8905 So basically, this is what you are saying: 1. Raise minimum wages = corporations will punish us by raising prices. 2. Keep minimum wages at current levels = corporations will still get record profits but they will not punish us by continue to raise prices. 3. If Harris becomes President, she's lying when she says she can lower prices = If Trump becomes President, he can get companies to lower prices for us. That last one may be a bit of a stretch but you see where I'm going with this. You went through that entire spill about how food producers rely of fossil fuels and natural energy just to say that she's "lying" about something that clearly has not been proven yet. So let's look at some things. There are ways the government can try to bring prices down: 1. Price control - A BIG NO, NO - especially in a democracy. Although, it could prevent sky-rocketing record profits that DIRECTLY hurt consumers. 2. Encourage and support competition - which could also mean breaking up these mergers and monopolies and forcing these BIG corporations to splinter off some of these brands into independent entities. 3. Provide more money to residents to offset prices - again, not ideal because then corporations will figure out some way to raise prices again to see profits. Just look at how raising the minimum wage does this alone, when every time it is raised, companies are quick to say that it will cause them to raise prices to offset increased production or something to that effect. Don't even let me get started about how a UBI would come under fire! Because of the very nature and complexity of the economy, there is really no clear way how this can be implemented without some form of absolute control (something only one candidate has floated the idea of. Here's a hint, he's orange). However, I believe you are factually incorrect in your assumption that she is lying because as President, she can absolutely attempt to implement something to help with this. The problem is all about execution and who in Congress and the corporate world feel that it is IMPORTANT for the consumer to be able to afford goods at the expense of lower prices, which only hurt the record profits of conglomerates and their stakeholders. Also, the prices going down does not mean we are in a period of deflation. Prices going down mean we are in a period of disinflation. While in that period, the demand of goods and the supply of goods could enter equilibrium and thus even out, which is where we want to be. Deflation means that prices CONTINUE to go down to the point where the goods have little to no value. Probably the reason why Trump order OEPIC to stop drilling for oil during the pandemic in order to drive gas prices up. We were in a period of deflation during COVID, I believe...but it's just my opinion. Now we are experience inflation in certain areas, not all, but enough for it to hurt. She's not trying to "fool" anyone...not anymore than Trump has and continues to do so because for some reason, most think he will magically make prices go down as well. This will not happen under his watch either, not without HUGE tax breaks and incentives that will continue to benefit corporation...and still have us in inflation. But they will gaslight enough of us to believe that's not the reason why we are struggling. It's the illegal immigrants taking jobs, or the indoctrination of young people to the alternative culture, or CRT or lack of Christanity in schools or something like that. But like you said, I'm not trying to "fool" people into voting for me, so what do I know.
All she does is say a bunch of words to prove absolutely nothing. She knows nothing about Economy and is very evident from her speech. Smh people wake up.
Proposing price controls is an admission that prices are out of control. You don't grab an extinguisher when there's no fire, and you don't slam the brakes when your car is parked.
Collusion isn't free market! Competition is and Harris wants to promote more competition in the food industry so that there aren't monopolies and oligopolies fixing prices so that that the fall in inflation isn't passed on to consumers
I don’t know. Some companies are basically monopolies and that’s bad, but they are silly folk with Price Control. Break up these absurd too big to fail companies would be a start. She wouldn’t fight for that. I don’t think Trump would either for that matter.
@@rexrocker1268 she specifically was saying shed target grocery companies to pretend that the prices are inflated comared to the value of the dollar and thats false. Everything is high because of bad policy
Because it's not supply and demand dictating prices, it's less multiple smaller companies/manufacturers and more larger (conglomerates) companies which leads to price fixing (another way of saying price GOUGING). Talk to farmers, they'll be more than happy to explain the details to you on what I'm talking about. So there's nothing wrong with people. They may not be aware of how or why they're being ripped off, but they most certainly are being ripped off.
@@kilograms2602 Anybody can come in and start their own company and take advantage of another business’ artificially high prices. Otherwise, when high prices outweigh demand….. prices come down. If one company is doing nothing illegal….. they are free to price as they wish and others are free to come and compete. Just because one company does so well that they can put others out of business…. doesn’t mean they should be punished for doing so well. You are right though….. everything is high because inflation. Harris and Biden have been at the helm for 3.5 years and now she acts like she gonna fix something now? Nobody is buying her bs.
She did not talk about breaking up monopolies. She talked about price fixing which will drive out small businesses and you will have more large companies monopolizing and you will have food desserts in rural areas. She did not talk about just attacking large corporations, but on all corporations.
@@MarkWalton-t9o ROFL - AWESOME we are going to Rock out!! You are my favorite comrade! I will warn you - I sing in the car.... They wouldn't let me on "Russians Got Talent" or "Russian Idol"...So I perform in the car.
Economists are like lawyers, you can be the worst serial killer on earth but still be able to get a lawyer who will swear in court that you're innocent.
No mention of the massive influx of illegal immigrants causing a huge increase in demand of food, energy, housing and government spending at all levels.
OK, what about the biggest mega corporation which is the United States government which spends $1.7 trillion more than they taken in our tax money each year so every year they’re working on the deficit back in 1992 they told them not to get over $2 trillion in debt now they’re 56 trillion. Since 1992 our countries been being run by Enron executives.
When government get involved in private business, yes it's bad. Imagine starting, and operating a company, employing people, putting money into the business improvements, then the government comes in, tells you how much you can charge for the products you produce, sound fair???
@@markw7587it actually does sound fair. Imagine being told all your life you’re an American and therefore you are fortunate enough to have freedom of choice and thought and that you are an individual who can make his/ her own life choices just for the government to come in and tell you you actually belong to the state and cannot make your own choices when it comes to your own body, you cannot be on birth control and you cannot take IVF medication to have a baby when you’re ready…. Sound fair?
@@markw7587that’s not what they’re suggesting. they are suggesting litigation to end the monopolization of industries in this country.for example, there are some companies that have patents on items to prevent them from being made elsewhere. this was discussed recently about the caps for inhalers. things like that make it impossible for other companies to produce the same product and provide consumers with options as to where they buy their products from. this will NATURALLY bring down prices. nobody is forcing anyone to do anything.
The problem is that the Sherman Act was gutted by the courts starting around 1980 by excluding oligopoly pricing from the definition of conspiracy to restrain trade under Section 1 of the Act and from treatment as monopolies under Section 2. Rigid “economic analysis” to the exclusion of real world conduct makes the Act toothless. This was a sea change from the application of the Act before the Reagan era. Without Congressional expansion of the Act’s reach the Supreme Court is going to reject efforts to attack these issues. (PS: Conservative/business think tanks gave federal judges one week courses in economics, nowhere near enough to actually understand the subject.
By acting together, oligopolistic firms can hold down industry output, charge a higher price, and divide up the profit among themselves. When firms act together in this way to reduce output and keep prices high, it is called collusion. Without laws addressing it, monopolistic practices are inherently anti-capitalist and collusion works like a monopoly.
We The People are already forcing Rock Donalds, Tarbuck, Vally World, and Costmore to lower their prices by holding back funds. As we tell our kids we have "Stuff" at home already!🤣
Everybody needs to really think about the price of groceries. All major brands compete with generic house brands. Vegetable and fruit items are commodities which come from small farm operations not giant corporations. Monopoly price fixing at the grocery store is a complete lie! If you want cheaper groceries you need cheaper energy. End of story.
She is . She is telling voters what they want to hear . And then once elected do nothing. Just like Biden did . She duping the American voter. That's the Democrat strategy . "Tell then what they want to hear and then once in office countuine the same ol same ol"
Can Ahole name the monopolies he is referring to and quote their profit margins. The CPI and PPI tends to suggest he does not know much what he is talking about.
Broiler Chicken Industry (2021): Pilgrim's Pride and Claxton Poultry were fined for fixing prices of broiler chickens. Pilgrim's Pride paid a $107 million fine. Pork Industry (2021): Smithfield Foods agrees to $42M settlement in industrywide lawsuit over pork price-fixing Dairy Industry (2023): US egg producers forced to pay $53m in price-fixing case including industry giant Cal-Maine Foods, who was forced to pay $17.7m in damages to a number of food manufacturing companies after being found guilty in a long-running price-gouging lawsuit Meat Industry (2023): Department of Justice (DOJ) filed a lawsuit against Agri Stats, an agriculture data and analysis company, for allegedly orchestrating a price-fixing scheme among dominant poultry and meat processors like Tyson Foods, JBS, Cargill, and Smithfield.
I learned only recently that our pork products are banned from being imported into other countries. Apparently what farmers feed hogs here in the US to make them fatter, faster, also makes us, fatter, faster. Some chemical they inject them with. And it has been touted as the 'leaner, healthier meat' when compared with beef. Jeeshe.
whatever she proposes, it is just worse the situation. California has a monitor committee to regulate oil company, but Californians endure $5.99 per gallon. You do the same for groceries, they just close the stores like what san Francisco businesses. eventually, you pay for a higher price for food and everything.
California gas prices are higher because of higher emmission standards. If the rest of the country followed suit the prices would drop. Furthermore businesses are struggling post pandemic due to the greed of corporate landlords that create a monopoly on the real estate market. By interjecting and enforcing the current antitrust laws on the books it will create more competition on the market which will lower pricing. This seems to be the path VP Harris is looking to take. Former president Trump is planning to replace taxes with Tarrifs. We tried that in 1930 with the Hawley/Smoot tarrif act. It was widely seen as the act that put great into the great depression.
Nope, I don’t believe in Kamala Harris. I do not trust Kamala Harris. I believe she caused most of this mess with her tiebreakers. I don’t believe Robert White either the one thing I do believe in is Donald Trump and I will be voting for him along with JD Vance 2024
@@stephenmattison8920 Anyway if she'll be elected (does'n really matter who is her puppeteer) - the cars running on oil will be removed and prohibited very soon after -this is the part of green agenda. They want every1 to buy electric cars. Imagine how it will impact those who are running trucks for a living. What kind of electric truck and it's price would be affordable? This is why Trmp said drll baby drll , he wants to rebuild the car industry and he wants cars to run on oil, not only on batteries. He wants to create choice. And much more job possibilities to get the car industry back. missed characters are for good in my writing.
@@mrcomptablecharlo1224 Fox is less bias conservatively, than MSNBC, CNN, ABC, CBS are liberally. She won’t even take the usual softball question the MSM serves up for liberals. She knows she doesn’t have the answers and hasn’t done the work, just like when she was the most worthless VP the country has ever had ( pre June, 2024)………as acknowledged by everyone.
Not really. Once they start charging $4 for a loaf of bread and $5 for eggs, they're not going to drop that price. It's like gas. Goes up, but never really goes back down. We were paying, what, $2.50 a gallon before the pandemic? What's the reason for the $1.00 hike? There's no oil shortage. Logistic issues have been resolved. With electric cars the demand is lower and that should mean lower prices. But nope. Not happening.
I wasn't aware there was a grocery store monopoly, but if you insist on breaking up "monopolies" start with Monsanto or Bayer or whatever they are now first please.
If you listen Harris is not plabning to go after grocery stores but rather the top of the supply chain where economic power is concentrated - the Bayers of the world that you mention.
Sounds like a lot of word salad to me because there is no monopoly on food! So what exactly is he trying to say? Is he covering up that they want communism?
Do you not blame their failed policies, going from being energy independent to being dependent on other countries which causes LARGE inflation. People did NOT come out of covid with more money, that was just a stupid comment!!
If you want the USA to experience the economic struggles of a third-world country or the oppressive conditions of a communist regime like North Korea, then by all means, vote for policies that support government control over consumer prices. As a Sri Lankan, I've seen firsthand the damaging effects of such policies. When the government sets prices for consumer goods, it disrupts the natural balance of supply and demand. Producers respond to these fixed prices in ways that often worsen the situation. If the government sets prices too high, producers might flood the market with excess supply. Conversely, if prices are set too low, producers may withhold their goods, leading to shortages. This mismatch creates a cycle of rising demand and escalating prices, often resulting in the emergence of black markets. The ultimate consequence is rampant inflation, which can severely harm the economy and the people who depend on it. Let’s not repeat these mistakes in the USA.
"Attack the sources"....... This 'OLD KNOW IT ALL' is saying......"Hi Mr. Business man, I'm Big Government and we want to look at your books and see if you are making more money than WE THINK you should". *DOES THIS SOUND LIKE A GOOD IDEA?? !!!!!* You know where this is going........."Hi Bob & Karen, we have looked into your records and determined you are making too much money compared to your neighbors, so we are going to have to cut your salaries back"!! Are you DUMOCRATS OK WITH THIS?
Inflation is a % of increase over the last % of increase. Inflation hasn't gone negative. The prices are just going to stabilize at the new higher inflated price. Economics 101
During Donald Trump's presidency, a series of tariffs were imposed on China as part of his "America First" economic policy to reduce the US trade deficit by shifting US trade policy from multilateral free trade agreements to bilateral trade agreements. . This forced all countries trading with these two countries to tighten trade agreements, causing undue pressure on agriculture, livestock and mining industries. The trade restrictions also caused concern in the automobile and electronics industry. This added to recessionary pressure and would cause incalculable damage to the work done on environmental issues. Allied countries around the world had to show solidarity with Trump's policy. Of course, this was due to a traumatic change in economic policies due to the Covid recovery. The Trump administration, along with the Covid recovery period, has put many countries on the brink of financial concern. It is only now that many of the tariffs have been lifted that we are seeing economic growth again. The world cannot stand another Trump push for financial independence, and this time there is no doubt that several countries will not get involved in the economic battle that will leave the United States on the sidelines. At the beginning of the day, everyone wants to compete on a level playing field. As you know, we have four types of tariffs applied to try to do that. But there will always be a loser. Tariffs hurt consumers because they increase the price of imported goods. Because an importer has to pay a tax in the form of tariffs on the goods they import, they pass this increased cost on to consumers in the form of higher prices. But when you jump from 8 or 10 percent to more than 200 percent, as happened in the Trump era. Some countries have not yet fully recovered.
Why are journalists asking everybody to explain Harris’s policies? Why don’t they ask Harris? Or Walz? Or Biden? Crickets.
You take the corrupt Trump like God. He is a communist himself
I'm from communitst Vietnam and can tell that Harris is a communist, a dictator like Putin. Her policies are exactly what is being run in Vietnam: government control over ecomony, market pricing, press, mandates on everything,.. and especially trying to put poticial opponents in prison! President Trump is just a victim of communist democrats party!
They can't ask Harris or Walz. They do not do interviews remember?
You mean silence
This administration just tripled down on stupid.
💯
Did he hear what I heard from her. Please we are not stupid.
maybe?
There is no reputable economist in the World that will agree price controls work...end of story.
You people are simply insane.
again, that’s not what was suggested
@amarabooker8627 to prevent price gouging is to implement price controls. Let the consumers and the markets dictate prices. The government should have no role in pricing whatsoever unless it is the direct purchaser of goods and services
@@amarabooker8627 that was exactly what was suggested.
@@stevelee9253 That is not what she is suggesting - listen more closely. Harris is talking about companies that collude with one another and fix prices to set and keep them artificially high. This is against the law. She is talking about enforcing existing laws to address price fixing schemes.
Kamala said she would cap costs on gas and goods to combat inflation. This same tactic was tried in the 70’s. This is what will happen. You have a product. Let’s call it toilet paper. It used to cost $1 to make four rolls, and they sold them for $4. Now it costs $8 to buy the same pack. Kamala tells the toilet paper company they can only sell their product for $4. But now, because of inflation, it costs $4 to make that pack of toilet paper. Because they won’t be making money off the product, they stop making it. Then there will be a shortage on toilet paper. No one will be able to find it and the demand will skyrocket. People will be selling it on the streets for $15 dollars a pack. Now, to fix that problem, Kamala is forced to lift the restrictions. The toilet paper company goes back to making toilet paper, but now, because of high demand and the street price being $15, they will sell their product for $10 a pack. Every economic scholar and top business executives all agree this is a terrible plan. It’s putting a lid on a pot of boiling water. In the 70’s, people were waiting in lines for hours to get gas, and then they were paying to much and you could only get gas on certain days, based on the last number of your license plate. The only way to stop inflation is to cut government spending. But politicians like Kamala don’t want to cut spending. They want a blank check to pay for all their pet projects and promises made on the campaign trail. So they come up with “solutions” that don’t include cutting back government spending. That’s why prices keep going up, the dollar keeps going down, interest rates keep going up….its a vicious cycle. Like it or not, we have to stop spending or our children will have no future, a crashed economy and a big mess to clean up. Not to mention a recession the likes of something we’ve never seen. It would literally take decades, probably more than our lifetime, to fix. We are at a crossroads. I for one am not going to let pride or prejudice get in the way of fixing the problem. I am not going to let my own ego and disagreement with how someone communicates ruin my children’s future. Trump is the answer. Anyone who says otherwise is either lying to you for their own agenda or they are brainwashed by the media and the corrupt. A pipeline, drilling oil, creating energy, cuts to spending, these are all things that will boost economic growth. Cheaper energy bills, cheaper gas. That leads to cheaper transport costs and brings down overall costs. It will make the inflation go down. And if the wars are your biggest concern, look back on the statistics. Trump didn’t create any wars and prevented many. He used a business like approach to makes deals with foreign governments that kept peace around the world and created prosperity for people worldwide. It shouldn’t even be a decision at this point if you seriously want America to bounce back and not go in a downward spiral. Remember, the people telling you he’s evil and saying he will take away rights are the same people censoring you, spying on you, trying to take away your right to free speech, right to bear arms, your right to privacy. They want to turn America into a socialist country so they have control over you. That’s the truth you won’t hear on MSNBC.
Gaslighting at its finest.
If I could only find a news source, I could trust
Ha good luck with that 😢
25 years ago, a politician brought up price controls, that would be the end of his or her career!
Why do you say 25 years ago bot?
Did this economist listen to the same Kamala’s speech on pricing fixing?? Such a bs interview…
it is not price fixing
@@lisameans5905 price control has been done by Nixon and it went horribly wrong. It’s in our history books. It does not help with inflation. New liberal Harvard professor just came out today to denounce this plan
@@lisameans5905 then what do you, call it?
He's a fake economist.
I thought price fixing is a crime.
I thought insider-trading was too, but Nancy Pelosi and her bank account proves that that’s a lie. It’s only illegal as long as you’re not a politician.
I thought bank fraud was also which the United States government commits every single day they spend $1.7 trillion more in our tax money each year than they take and tax money. They’re spending money they don’t have. We are being run by Enron executive since 1992. It was said a 1990 to the United States government cannot let the debt get over $2 trillion. We are at 56 trillion today.
It is - unless you are a Democrat
It is but where do we have price fixing?
It is, but it happens.
She does want price fixing and if it went through and there is less food on the shelves what's next? Forced production. And we are one step closer to their goal of no private business.
They are trying to gas light you guys. Smarten up
America had Prosperity in the 1990s.
@@plawson8577 correct! then the deep state took over under Bush. we have never been the same. Vote against the puppets, vote Trump
@@ItsMe-sv3mp Can you point to a clip where she actually said price controls? I can't seem to find it.
She didn't say price control. She is proposing that companies should make a fair profit and not make the record profits they have been making by charging consumers prices that are not aligned with production / transport cost increases. How do you explain companies driving up prices purportedly due to inflation and the increased input costs but then still making record profits and bragging about it to their shareholders? This is due to price gouging, which arises where there is insufficient competiton or collusion between competitors to fix or keep prices high so that they can all benefit. Yes, price fixing is illegal and as I understand it, Kamala wants to have greater powers to investigate and prioritize the enforcement of these laws. She is not intending to fix prices but merely ensuring that market dominant companies do not do so to the detriment of consumers.
@@masterppp8709 Just like what TR,FDR,Truman, Reagan AND WJB all did.
Building our economy on the most important work of Biden? I stop listening after that comment.
The important work of Biden was printing a trillion more dollars and it caused inflation.
Lost all credibility at that point - it's become propaganda.
@@shengwu6044 Definitely propaganda spin.
George Carlin talked about this. The reduction of choice ans competition.
Carlin said eventually there will be two oil companies and 4 media companies who control everything.
Right, as far as the entertainment industry, it's all liberal homosexual and leftist.So Carlin was right.The left is monopolizing the entertainment industry.So what Kamala is going to put a bunch of right-wing entertainment companies in place?I don't think This little munchkin is a liar.
It's called "The American Dream" because you have to be asleep to believe it.
-George Carlin😊
@@_JackNapier Well said good Sir, you are 100 percent!
With how things are heading, there will be one retail company, and it will be Amazon, and the American public will only have themselves to blame.
@@rickjohnson5222 George Carlin (RIP) is literally a source of education.
Watching/listening to his oldest-newest broadcasts you can literally see he cracked the code of lies deception and manipulation.
He comprehended and tried to convey so much more than people will understand for at least another 200 years minimum.
My skin crawls when I watch some of his latter material standup where he literally LITERALLY tells the audience they are fools and cogs in the system and they laugh because it is and it isn't a joke but you can see even in his face a kind of disappointment as he carries on the routine🃏F ing drones.
They tried this in Venezuela and in the Soviet union. Let me know that how that worked out for them😂
Nixon tried it in the 70’s, it was a catastrophe then.
Venezuela system inbound!
Buckle up!
She is bringing in Venezuelan policies.
@@bethanyhealy4989 No, she isn't. If she were, she would "nationalize" the grocery store industry - take control from private companies and place the grocery stores under the auspices of the federal government. She is referring to enforcing existing laws about collusion and price fixing schemes.
@@ehansbrough593price fixes only equals to shortages on supplies because the manufacturers aren’t making any money off the product because it’s cost more to make it than it does to sell it she is actually trying to take control and get rid of private insurance companies so you don’t have the right to choose what insurance company you want you only have one option the government’s option
Where do you get that nonsense?
@@ehansbrough593 Did you not hear her idea on the economy? She is setting prices of things. Think the shelves will be fuller then before?
@@ehansbrough593 That is illegal to do. People can go to jail for price fixing. It don't happen. If t does people get in trouble. She is leaning towards a Venezuelan government.
Laughable NBC 😂😂😂
Break up BlackRock and Vanguard
And Google
@@gusdad4811 100% Google has already been caught interfering with the election twice this year.... and it only seems to go one way... hmm 🤔
vote kennedy if you want that
& state Street
@@gabrielbriseno2518 I mean I like what the guy has to say, it's just a shame that the Dems didn't allow him to run
This is Price Controls.. just like Venezuela. RR has never been correct.
Take a class on economic
The RATE of Inflation is coming down, not Inflation itself. Big difference, and this guy knows it.
Yup media confuses inflation vs deflation meaning all the time! Prices are still inflating!!! Just at a slower rate. No where neR the target goal. Private sector is squashed by over regulation and can't catch up.
😂😂😂😂😂 Clinton wanted a one world order agenda 21 😂😂😂😂
Ha ha ha, 100% BS.
And the inflation rate is what matters.
@@ricksterbobolishious7523 This guy is a leftist loon and always has been! He wants communism control!
Forward towards socialism and authoritarianism? KH dad was a Marxist economists working in academia, she wants the socialist economic model.
Nothing to do with printing money and high government spending, right? This channel is for low educated viewers.
@@hailrider8188 100%. These people truly believe that one of the worst rated vice presidential history is this all new person all of the sudden. Hate for Trump has rotted people’s minds. They’ve truly lost it.
If inflation was high then it might be but it's not so you're obviously just regurgitating right wing talking points.
@CautionBarrier If inflation isn't a concern, then everyone should just stop complaining about increased prices.
I'm sorry you think economics 101 is a right-wing talking point but it's actually a field of study
Exactly. And of course it's not related to the more than 200 billion assistance to Ukr.)
@@hailrider8188 Price gouging has its own name. Don't claim you know economics when the only buzzword you understand is inflation. You are the definition of "low educated". Btw it's spelled "uneducated"
One trip to the grocery store tells you all you need to know about Kamalanomics.
Private market. Presidents do not own grocery stores
Not really
Trump spent 8 trillion.. Thank him
@@robertjohnson3555 And caused a Depression.
Love Robert Reich, perfectly said and we need to increase competition and break up monopolies!!!
@@ItsMe-sv3mpFunny because she’s get funding and donations by big corporations like Alphabet and 😂Meta to make sure that doesn’t happen
@@ItsMe-sv3mp I did not hear price control at all in her speech, price gouging is stop corporate greed, and prevent unnecessary upselling for corporate greed. Price gouging legislation prevents corporate greed and increases competition so consumers and suppliers benefit. It is a good economic plan that has winners for consumers, more suppliers, and prevents monopolies.
This guy is Nothing but an apologist and excuses for Dumala!
Dumala, huh? You keyboard warriors with your name calling...good grief.
@@dsexton72 Name calling! That perfectly Describes her! You would know that too if she did any interviews! But you will find out on September 10! Remember what happened to Killary and Crooked Dementia J_e!
she needs to learn economics 101 - stupid plan
See please, tell us what she should do differently. If it's a stupid plan, surely you have a more plausible alternative.
@@dsexton72 I seriously doubt he does...
@@dsexton72 Hmm, first off, the prices aren’t going to go down unless we enter into a period of deflation, which can be more destructive than inflation. Well, there is a slight possibility that they could go down, but highly unlikely, and that is if the energy prices are significantly reduced. See, famers rely on gas / diesel to actually work the farms. Same with ranchers. The entire supply chain relies on electricity (mostly generated by coal / natural gas) to run. Every step of the supply chain relies on some form of gas / diesel / coal / natural gas to transport the products. You could shave off a few cents by lowering those costs, but in the end, when prices go up during inflation they stay up. She is lying when she says she can bring prices down (well, without using some sort of government mandate that forces the prices down).
Let us not forget that she mentioned a week ago that she would raise minimum wage ... which would rase the cost of food as well. So, how could you cap the profits of a company (you would have to cap prices to cap profits) so that it is lower than they are now, while also raising the min wage? Only Walmart and Target, or similar department / grocery store combos would be able to survive after that.
But ... hey ... I’m not trying to fool people into voting for me, so what do I know.
@@andrewclear8905 So basically, this is what you are saying:
1. Raise minimum wages = corporations will punish us by raising prices.
2. Keep minimum wages at current levels = corporations will still get record profits but they will not punish us by continue to raise prices.
3. If Harris becomes President, she's lying when she says she can lower prices = If Trump becomes President, he can get companies to lower prices for us.
That last one may be a bit of a stretch but you see where I'm going with this. You went through that entire spill about how food producers rely of fossil fuels and natural energy just to say that she's "lying" about something that clearly has not been proven yet. So let's look at some things.
There are ways the government can try to bring prices down:
1. Price control - A BIG NO, NO - especially in a democracy. Although, it could prevent sky-rocketing record profits that DIRECTLY hurt consumers.
2. Encourage and support competition - which could also mean breaking up these mergers and monopolies and forcing these BIG corporations to splinter off some of these brands into independent entities.
3. Provide more money to residents to offset prices - again, not ideal because then corporations will figure out some way to raise prices again to see profits. Just look at how raising the minimum wage does this alone, when every time it is raised, companies are quick to say that it will cause them to raise prices to offset increased production or something to that effect. Don't even let me get started about how a UBI would come under fire!
Because of the very nature and complexity of the economy, there is really no clear way how this can be implemented without some form of absolute control (something only one candidate has floated the idea of. Here's a hint, he's orange). However, I believe you are factually incorrect in your assumption that she is lying because as President, she can absolutely attempt to implement something to help with this. The problem is all about execution and who in Congress and the corporate world feel that it is IMPORTANT for the consumer to be able to afford goods at the expense of lower prices, which only hurt the record profits of conglomerates and their stakeholders.
Also, the prices going down does not mean we are in a period of deflation. Prices going down mean we are in a period of disinflation. While in that period, the demand of goods and the supply of goods could enter equilibrium and thus even out, which is where we want to be. Deflation means that prices CONTINUE to go down to the point where the goods have little to no value. Probably the reason why Trump order OEPIC to stop drilling for oil during the pandemic in order to drive gas prices up. We were in a period of deflation during COVID, I believe...but it's just my opinion. Now we are experience inflation in certain areas, not all, but enough for it to hurt.
She's not trying to "fool" anyone...not anymore than Trump has and continues to do so because for some reason, most think he will magically make prices go down as well. This will not happen under his watch either, not without HUGE tax breaks and incentives that will continue to benefit corporation...and still have us in inflation. But they will gaslight enough of us to believe that's not the reason why we are struggling. It's the illegal immigrants taking jobs, or the indoctrination of young people to the alternative culture, or CRT or lack of Christanity in schools or something like that.
But like you said, I'm not trying to "fool" people into voting for me, so what do I know.
All she does is say a bunch of words to prove absolutely nothing. She knows nothing about Economy and is very evident from her speech. Smh people wake up.
Please enlighten us
😂😂😂
I watched her entire speech and only thing I learned is SHE KNOWS 0 CRAP ABOUT ECONOMICS
“I will fix things if you vote for me into office” says woman currently in office 😂 yup no thanks!
tell me you are dumb without telling me... she is vp might wanna look into power of vp before commenting i.e go to school
@@mrd3017bro u know nothing about vp and president buddy.
trump fixed nothing and says the same thing. also has a terrible economic plan. but y’all ignore that.
@@mrd3017 tell me i got my feelings hurt without telling me i got my feelings hurt, nice try pendejo!
😂 300 people at this communist rally. Sounds like the number of people who will get food after this policy is put in place 🤣🤣
Proposing price controls is an admission that prices are out of control. You don't grab an extinguisher when there's no fire, and you don't slam the brakes when your car is parked.
Supply and demand and the free market dictates prices. What is wrong with these people?
Collusion isn't free market! Competition is and Harris wants to promote more competition in the food industry so that there aren't monopolies and oligopolies fixing prices so that that the fall in inflation isn't passed on to consumers
I don’t know. Some companies are basically monopolies and that’s bad, but they are silly folk with Price Control. Break up these absurd too big to fail companies would be a start. She wouldn’t fight for that. I don’t think Trump would either for that matter.
@@rexrocker1268 she specifically was saying shed target grocery companies to pretend that the prices are inflated comared to the value of the dollar and thats false. Everything is high because of bad policy
Because it's not supply and demand dictating prices, it's less multiple smaller companies/manufacturers and more larger (conglomerates) companies which leads to price fixing (another way of saying price GOUGING). Talk to farmers, they'll be more than happy to explain the details to you on what I'm talking about. So there's nothing wrong with people. They may not be aware of how or why they're being ripped off, but they most certainly are being ripped off.
@@kilograms2602 Anybody can come in and start their own company and take advantage of another business’ artificially high prices. Otherwise, when high prices outweigh demand….. prices come down. If one company is doing nothing illegal….. they are free to price as they wish and others are free to come and compete. Just because one company does so well that they can put others out of business…. doesn’t mean they should be punished for doing so well. You are right though….. everything is high because inflation. Harris and Biden have been at the helm for 3.5 years and now she acts like she gonna fix something now? Nobody is buying her bs.
And this is why Clinton, and Obama had terrible effects on the economy and inflation. Did you really!!! ever take a class in economics? Seriously!!!
What a load of crap? Budget repair and economic stability have only come under Dem administrations in the last 50 years.
I understand Neo-Marxist Scout Waltz will be explaining his socialist “neighborhooley”economic ideas to a friendly dog gathering this weekend
@@ClaudiaPabon-o5s Melt quieter ❄️
Wow, the corporate trolls are out on this one! Guess the monopolies are afraid of real competition. Go Kamala!
I wonder if high energy also helps high prices
What a joke…
She did not talk about breaking up monopolies. She talked about price fixing which will drive out small businesses and you will have more large companies monopolizing and you will have food desserts in rural areas. She did not talk about just attacking large corporations, but on all corporations.
Communism 101
marxism is marxism. enough said.
harris' dad is an vowed marxist economist. this is what she grew up in...
@@marcreynolds4473 Boo! I'm a communist and I'm here to ride share in your car 🚗 You guys are hysterical!
@@MarkWalton-t9o We are listening to 90's country !!! don't touch my radio dial...
@@marcreynolds4473 I love 90s country! Brooks and Dunn, Garth Brooks, Martina McBride, the Dixie Chicks, I will obey the radio rule comrade.
@@MarkWalton-t9o ROFL - AWESOME we are going to Rock out!! You are my favorite comrade! I will warn you - I sing in the car.... They wouldn't let me on "Russians Got Talent" or "Russian Idol"...So I perform in the car.
Why would anybody think an attorney would know more about economics than a business man?
Economists are like lawyers, you can be the worst serial killer on earth but still be able to get a lawyer who will swear in court that you're innocent.
Lies
Robert Reich is a good man.
No mention of the massive influx of illegal immigrants causing a huge increase in demand of food, energy, housing and government spending at all levels.
So, breaking up the few mega corporations to encourage competition is bad?
OK, what about the biggest mega corporation which is the United States government which spends $1.7 trillion more than they taken in our tax money each year so every year they’re working on the deficit back in 1992 they told them not to get over $2 trillion in debt now they’re 56 trillion. Since 1992 our countries been being run by Enron executives.
Yes, it will cost scarcity of the foodstuff
When government get involved in private business, yes it's bad. Imagine starting, and operating a company, employing people, putting money into the business improvements, then the government comes in, tells you how much you can charge for the products you produce, sound fair???
@@markw7587it actually does sound fair. Imagine being told all your life you’re an American and therefore you are fortunate enough to have freedom of choice and thought and that you are an individual who can make his/ her own life choices just for the government to come in and tell you you actually belong to the state and cannot make your own choices when it comes to your own body, you cannot be on birth control and you cannot take IVF medication to have a baby when you’re ready…. Sound fair?
@@markw7587that’s not what they’re suggesting. they are suggesting litigation to end the monopolization of industries in this country.for example, there are some companies that have patents on items to prevent them from being made elsewhere. this was discussed recently about the caps for inhalers. things like that make it impossible for other companies to produce the same product and provide consumers with options as to where they buy their products from. this will NATURALLY bring down prices. nobody is forcing anyone to do anything.
"Monopoly" would most precisely refer to the PRIVATE Federal Reserve Bank.
The problem is that the Sherman Act was gutted by the courts starting around 1980 by excluding oligopoly pricing from the definition of conspiracy to restrain trade under Section 1 of the Act and from treatment as monopolies under Section 2. Rigid “economic analysis” to the exclusion of real world conduct makes the Act toothless. This was a sea change from the application of the Act before the Reagan era. Without Congressional expansion of the Act’s reach the Supreme Court is going to reject efforts to attack these issues. (PS: Conservative/business think tanks gave federal judges one week courses in economics, nowhere near enough to actually understand the subject.
If the prices aren’t coming down how can inflation be lessening?
Robert Reich is a nut case. "Inflation is coming down but the prices are staying there."
If the American voters read the background information on Kamala Harris, they would never support her election as Vice President of the United States.
High prices are a result of too much money supply. Robert gets this wrong.
He was Secretary of Labor during a time of absolute Economic Prosperity for America. You are a nobody.
Really? Is that why there's so much credit card debt?
He’s on NBC. Did you expect anything different? Lol
Oh, so price controls are the opposite of price controls. Jeez. Got it. Thanks for clearing that up. I thought they were price controls.
They should show this clip when giving an example of gas lighting…
By acting together, oligopolistic firms can hold down industry output, charge a higher price, and divide up the profit among themselves. When firms act together in this way to reduce output and keep prices high, it is called collusion. Without laws addressing it, monopolistic practices are inherently anti-capitalist and collusion works like a monopoly.
We The People are already forcing Rock Donalds, Tarbuck, Vally World, and Costmore to lower their prices by holding back funds. As we tell our kids we have "Stuff" at home already!🤣
Everybody needs to really think about the price of groceries. All major brands compete with generic house brands. Vegetable and fruit items are commodities which come from small farm operations not giant corporations. Monopoly price fixing at the grocery store is a complete lie! If you want cheaper groceries you need cheaper energy. End of story.
Fake news. She is a lier
She is . She is telling voters what they want to hear . And then once elected do nothing. Just like Biden did . She duping the American voter. That's the Democrat strategy . "Tell then what they want to hear and then once in office countuine the same ol same ol"
Can Ahole name the monopolies he is referring to and quote their profit margins. The CPI and PPI tends to suggest he does not know much what he is talking about.
This Time: Vote FOR the TRUE Independent REFORM Candidate…
REMEMBER In November…! Vote RFK, ALL The WAY…!!!
The guy who left a dead bear at Central Park because he didn't have time to skin it and eat it?
Charge what ever you want but pay workers to meet that price.
Grocery profit margins are about 2%. Until the war on energy is stopped, it is out of our hands. She is clueless.
Raising the tariff will hurt the consumers and the prices will go up.
The profit margin for grocery stores is less then 2%. Stifling that will end grocery stores and lead to bread lines.
Broiler Chicken Industry (2021): Pilgrim's Pride and Claxton Poultry were fined for fixing prices of broiler chickens. Pilgrim's Pride paid a $107 million fine.
Pork Industry (2021): Smithfield Foods agrees to $42M settlement in industrywide lawsuit over pork price-fixing
Dairy Industry (2023): US egg producers forced to pay $53m in price-fixing case including industry giant Cal-Maine Foods, who was forced to pay $17.7m in damages to a number of food manufacturing companies after being found guilty in a long-running price-gouging lawsuit
Meat Industry (2023): Department of Justice (DOJ) filed a lawsuit against Agri Stats, an agriculture data and analysis company, for allegedly orchestrating a price-fixing scheme among dominant poultry and meat processors like Tyson Foods, JBS, Cargill, and Smithfield.
I learned only recently that our pork products are banned from being imported into other countries. Apparently what farmers feed hogs here in the US to make them fatter, faster, also makes us, fatter, faster. Some chemical they inject them with. And it has been touted as the 'leaner, healthier meat' when compared with beef. Jeeshe.
The problem is democratic policies. I've been struggling to keep groceries in my fridge since Biden took office.
The Government keeps spending the money that doesn't have 🙄💩.
He says the high price is due to a lack of competition and then switches to the economic stimulating measures. So it confuses me
whatever she proposes, it is just worse the situation. California has a monitor committee to regulate oil company, but Californians endure $5.99 per gallon. You do the same for groceries, they just close the stores like what san Francisco businesses. eventually, you pay for a higher price for food and everything.
Thank you comrade
California gas prices are higher because of higher emmission standards. If the rest of the country followed suit the prices would drop. Furthermore businesses are struggling post pandemic due to the greed of corporate landlords that create a monopoly on the real estate market. By interjecting and enforcing the current antitrust laws on the books it will create more competition on the market which will lower pricing. This seems to be the path VP Harris is looking to take. Former president Trump is planning to replace taxes with Tarrifs. We tried that in 1930 with the Hawley/Smoot tarrif act. It was widely seen as the act that put great into the great depression.
Nope, I don’t believe in Kamala Harris. I do not trust Kamala Harris. I believe she caused most of this mess with her tiebreakers. I don’t believe Robert White either the one thing I do believe in is Donald Trump and I will be voting for him along with JD Vance 2024
@@stephenmattison8920 Anyway if she'll be elected (does'n really matter who is her puppeteer) - the cars running on oil will be removed and prohibited very soon after -this is the part of green agenda. They want every1 to buy electric cars. Imagine how it will impact those who are running trucks for a living. What kind of electric truck and it's price would be affordable? This is why Trmp said drll baby drll , he wants to rebuild the car industry and he wants cars to run on oil, not only on batteries. He wants to create choice. And much more job possibilities to get the car industry back. missed characters are for good in my writing.
Comrade cackles should have spent more time reading the economic history books instead of sniffing the glue in the bindings. 😮😂
When Will Kamala answer any questions? What is she afraid of? And why won’t she do the Fox debate?
Give her some time.
@@moneymanfernando1594 give her time to show us how inept she is! That’s why she is afraid to talk on her own.
@@moneymanfernando1594 FOR WHAT SHE CANT GET ANY DUMBER
Because Fox stands for Trump, why does she have to take questions? What questions have to do with anything? Fox guys are nut
@@mrcomptablecharlo1224 Fox is less bias conservatively, than MSNBC, CNN, ABC, CBS are liberally. She won’t even take the usual softball question the MSM serves up for liberals. She knows she doesn’t have the answers and hasn’t done the work, just like when she was the most worthless VP the country has ever had ( pre June, 2024)………as acknowledged by everyone.
Free Markets are the cure for "price gouging". Government is not the solution.
Lower Fuel and Energy cost, every thing else will follow
I don't think so, not in any economic College I have been in.
@larryanderson1440 what, RUclips University?
Not really. Once they start charging $4 for a loaf of bread and $5 for eggs, they're not going to drop that price. It's like gas. Goes up, but never really goes back down. We were paying, what, $2.50 a gallon before the pandemic? What's the reason for the $1.00 hike? There's no oil shortage. Logistic issues have been resolved. With electric cars the demand is lower and that should mean lower prices. But nope. Not happening.
@@RonsHorse These paid Harris trolls are freaking dum# lol
@@MF-qf7bsGas was cheaper from 2017-2020 than it was from 2009-2016. Any correlation? Nahhh.
If there aren’t enough competitors enact policy that supports competitors. Price controls do not create competition; just the opposite.
THE AMERICAN PEOPLE WANT KAMALA TO EXPLAIN IT NOT THE MEDIA WHAY IS THE PROBLEM.
No dear wrong people handling the country finances including Kamala
"Building on the very important work of Joe Biden." They should have just plugged the interview right there.
What?!! That's exactly what she said! Don't believe your lying ears.
Wow, okay, I just got cancelled, by speaking the truth, wow!
It takes gas to get our groceries to the stores. This causes a lot of price hikes. Lower the gas prices.
I wasn't aware there was a grocery store monopoly, but if you insist on breaking up "monopolies" start with Monsanto or Bayer or whatever they are now first please.
If you listen Harris is not plabning to go after grocery stores but rather the top of the supply chain where economic power is concentrated - the Bayers of the world that you mention.
A Keynesian economist supporting Harris’ Keynesian economic proposals. I am shocked.
Sounds like a lot of word salad to me because there is no monopoly on food! So what exactly is he trying to say? Is he covering up that they want communism?
“Building upon” what? The problem is, they have had 4 years and here we are.
Trump ❤
Do you not blame their failed policies, going from being energy independent to being dependent on other countries which causes LARGE inflation. People did NOT come out of covid with more money, that was just a stupid comment!!
That would have been a great gaf they tried price controls, it didn’t work in the Soviet Union
If you want the USA to experience the economic struggles of a third-world country or the oppressive conditions of a communist regime like North Korea, then by all means, vote for policies that support government control over consumer prices. As a Sri Lankan, I've seen firsthand the damaging effects of such policies.
When the government sets prices for consumer goods, it disrupts the natural balance of supply and demand. Producers respond to these fixed prices in ways that often worsen the situation. If the government sets prices too high, producers might flood the market with excess supply. Conversely, if prices are set too low, producers may withhold their goods, leading to shortages. This mismatch creates a cycle of rising demand and escalating prices, often resulting in the emergence of black markets. The ultimate consequence is rampant inflation, which can severely harm the economy and the people who depend on it.
Let’s not repeat these mistakes in the USA.
Spot on!
This has been tried. It doesn't help economy's. It wipes them out.
"inflation is going down", really??? What lie.
This guy's word salads are well up there with Harris.. what a croc !
4 mooe year we done
Why do you guys always have Kamala back. Sickening. Trump 2024.
Products produced by big companies are usually cheaper then small companies for many reason
She also said “Price gauging” - so interesting 😅
Kennedy/Shanahan 2024
Just another liar!!!
"Attack the sources"....... This 'OLD KNOW IT ALL' is saying......"Hi Mr. Business man, I'm Big Government and we want to look at your books and see if you are making more money than WE THINK you should". *DOES THIS SOUND LIKE A GOOD IDEA?? !!!!!*
You know where this is going........."Hi Bob & Karen, we have looked into your records and determined you are making too much money compared to your neighbors, so we are going to have to cut your salaries back"!! Are you DUMOCRATS OK WITH THIS?
This guy is totally full of it.
This guy is an advisor?!?!
Yes. During the Prosperous WJB years. Oh I forgot, you weren’t Alive in the 90s.
What he is saying does not work. He is only been political
@@fredatandoh3125 Troll wasn’t even alive in the 90s. You’re FOS.
Inflation is a % of increase over the last % of increase. Inflation hasn't gone negative. The prices are just going to stabilize at the new higher inflated price. Economics 101
During Donald Trump's presidency, a series of tariffs were imposed on China as part of his "America First" economic policy to reduce the US trade deficit by shifting US trade policy from multilateral free trade agreements to bilateral trade agreements. . This forced all countries trading with these two countries to tighten trade agreements, causing undue pressure on agriculture, livestock and mining industries. The trade restrictions also caused concern in the automobile and electronics industry. This added to recessionary pressure and would cause incalculable damage to the work done on environmental issues. Allied countries around the world had to show solidarity with Trump's policy. Of course, this was due to a traumatic change in economic policies due to the Covid recovery. The Trump administration, along with the Covid recovery period, has put many countries on the brink of financial concern. It is only now that many of the tariffs have been lifted that we are seeing economic growth again. The world cannot stand another Trump push for financial independence, and this time there is no doubt that several countries will not get involved in the economic battle that will leave the United States on the sidelines. At the beginning of the day, everyone wants to compete on a level playing field. As you know, we have four types of tariffs applied to try to do that. But there will always be a loser. Tariffs hurt consumers because they increase the price of imported goods. Because an importer has to pay a tax in the form of tariffs on the goods they import, they pass this increased cost on to consumers in the form of higher prices. But when you jump from 8 or 10 percent to more than 200 percent, as happened in the Trump era. Some countries have not yet fully recovered.