Kamala Harris says she’s going to lower prices.

[IM2]

It can, but not necessarily. Regulation has happened in the past and it didn't drive inflation. Oil prices have spiked in the past and it didn't cause inflation. Both occured at the same time and it didn't cause inflation.

This happened because we had poured over $11 TRILLION of stimulus into markets over the preceeding 12 years and weakened global supply chains completely collapsed coming out of the lockdowns.

The root of the $11 trillion -- the aggressive deregulation of financial markets, particularly the derivatives that caused the 2008 Meltdown -- goes back to long before that, when Clinton signed the repeal of Glass-Steagall.

This is a long and complicated story. Global inflation exploded just two months after Biden took office. There is absolutely no way in hell the global economy can turn on a dime like that, and it didn't.

Lets talk about GRAMM-LEECH-BLILEY and the republican majority in congress that would have overridden a Clinton veto instead of blankly stating that Clinton signed a repeal of Glass- Steagall

 

[Crepitus]

Wanna try not spamming the thread with your pointless whining?

You first, Sparky.

 

[Hollie]

You first, Sparky.

Your usual pointless, spam.

 

[Crepitus]

What is your point with spamming the tread?

Yes or no?

 

[Crepitus]

What’s weird is that you don’t understand basic economics and what price controls like venezuela

He did it again!!

I swear, most of the tRumplings have the self awareness of a cockroach!

 

[IM2]

I do think a president can do something about price gouging.

 

[Hollie]

Yes or no?

Obviously, you are a pointless spammer.

 

[otto105]

Look at this ^ fool, trying desperately to push the label "weird" onto someone besides himself!!

It's hilarious how much it gets to them.

It sticks to them

 

[Cellblock2429]

Twisted terrorist democrats control regulations that causes increased prices. Government spending causes inflation.

If American freedom proved one thing it's that competition is the best price control.

/—-/ President Ford tried price controls in the 1970s. What a total shytshow. Businesses found work around overnight but employees had their wages frozen.
Today’s democRATs are too young to re.

 

[Crepitus]

It sticks to them

Yeah, but only because they are so weird.

 

[struth]

He did it again!!

I swear, most of the tRumplings have the self awareness of a cockroach!

How many jobs did the CHIPs act give us?

 

[otto105]

How many jobs did the CHIPs act give us?

You should Google first.

https://www.aei.org/op-eds/the-chips-act-has-been-surprisingly-successful-so-far/

 

[struth]

I do think a president can do something about price gouging.

They can, there are laws on the books about it already. So makes you wonder what harris has been doing for 3.5 years and what she’s talking about with price controls…weird stuff

 

[otto105]

They can, there are laws on the books about it already. So makes you wonder what harris has been doing for 3.5 years and what she’s talking about with price controls…weird stuff

She has been VP for past 3.5 years and helps carry out the vision of the president.

Weird that you don’t know that.

 

[OldFlame]

Were you or were you not bitching about prices being high?

It's a simple yes or no question.

What does that have to do with anything? You're such a simpleton.

 

[kyzr]

Your usual pointless, spam.

the ignore button cures that...

 

[struth]

You should Google first.

https://wwaei.org/op-eds/the-chips-act-has-been-surprisingly-successful-so-far/

So it

You should Google first.

The Chips Act Has Been Surprisingly Successful So Far

Where has a plant been built?

 

[otto105]

the ignore button cures that...

Your feelings cause that.

And those feelings are that of a scared white old man hiding from change.

 

[otto105]

So it

Where has a plant been built?

Are you denying the AEI assessment?

 

[Hollie]

/—-/ President Ford tried price controls in the 1970s. What a total shytshow. Businesses found work around overnight but employees had their wages frozen.
Today’s democRATs are too young to re.

I suspect the problem extends to Dims not understanding some basic precepts of Econ 101. Richard Nixon issued an EO in 1970, pursuant to the Stabilization Act of 1970), which was a limited, 90-day freeze on wages and prices in order to counter inflation. It was a disaster.

We had lessons on that in 8th grade.