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From Breitbart: Soviet-style centrally administered price controls on food and grocery prices will form part of the federal economic proposals U.S. Vice President Kamala Harris will unveil Friday when she finally delivers an insight into her 2024 policies.
Her address will mark the first time Harris offers a policy focused speech since she was anointed as the Democratic candidate in July and been roundly accused by critics since as being a policy-free zone, as Breitbart News reported.
The Democratic nominee is promising to institute a first-ever national ban on price gouging and price-fixing within her first 100 days in office in an effort to deflect many voters’ low marks for President Joe Biden’s handling of the economy.
Time magazine reports Harris plans to direct the Federal Trade Commission and other agencies to investigate and penalize “big corporations” that violate government rules in a mirror of Soviet command economy diktats.
She will also detail plans to cut prescription drug and housing costs in an economic address during a visit to Raleigh, North Carolina on Friday, TIME reported.
Implying that large corporations are to blame for the high prices, instead of the Biden-Harris administration’s economic policies, Harris’s campaign declared that Americans “can see that difference in their grocery bills” as prices have stayed high even as corporations’ costs have leveled off and their profits have stayed high.
Her campaign claimed that while Harris understands that “price fluctuations are normal in free markets,” there is “a big difference between fair pricing in competitive markets, and excessive prices unrelated to the costs of doing business.”
TIME wrote: She also plans to direct her administration to carefully scrutinize proposed mergers between large food companies with an emphasis on considering whether they will result in higher grocery prices for consumers. That work would include continuing to examine the proposed merger between Kroger Co. and Albertsons Cos., which faces challenges from the FTC and several states.
Kamala Harris to call for ‘price gouging’ ban on food and groceries https://t.co/YOSZkORlyA
— TIME (@TIME) August 15, 2024
It’s one thing when starving, undereducated Soviets were fooled by Marx, but this has failed over and over again for over a century.
“Kamala Harris to Announce Soviet-Style Price Controls on Food Under Guise of ‘Gouging Ban‘” https://t.co/qe06kH5JU7— Paul Ruskov Benedict (@paulbenedict7) August 15, 2024
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