Kamala Wants Price Controls on Groceries, Venezuelan-Style

Let’s say, for example, that my dad and uncle, both engineers, had an idea for an electrical thingy that would improve Americans’ lives. The government, eager to support the efforts of scientists to develop useful products, gives a grant of $100,000 to Dad and Uncle.

The two spend three years, while working their regular jobs, drawing up plans, having lots of “misses” as the thingy didn’t work right, and then….voila!…..they figured out a new mechanism that would allow it to function as hoped. They patent it, and start production, and they charge $99 for the thingy, and sell lots of them - making about $300,000 a year, split between the two of them.

Does the government THEN, after my dad and uncle used their engineering brilliance to develop the thing, get to step in, “snatch” the patent, and then claim the government owns it, and start producing it themselves, leaving the inventors of the product high and dry?
I sure as hell hope not. I wouldn't support a move that that at all. I also don't think this is a realistic scenario related to the price gouging issues that Harris is addressing
 
Seems to me in the case, if changes were to be made, it would be a federal mandate enforcing the laws that 37 states have instituted but in a national level.

Why would you do that ?

States are already doing it.

Leave it alone.

Some states are stupid.

Some states understand what is going on.
 
I sure as hell hope not. I wouldn't support a move that that at all. I also don't think this is a realistic scenario related to the price gouging issues that Harris is addressing

Harris had better be able to produce actual financial flow tables to show where she thinks someone is gouging.

Nobody cried when Exon lost 20 Billion. When they made 20 Billion, everyone went nuts.

Harris better be able to explain it in the long term. None of this cherry picking, anecdotal garbage.
 
Harris wants open borders snd price controls

She not qualified to run a lemonade stand

Correct.

Trump has already shown what he's good and not good at.

And if we can put Max Waters in a retirement home and stitch Adam Schiffhead's mouth shut, we might be able to see some progress on things.
 
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Why would you do that ?

States are already doing it.

Leave it alone.

Some states are stupid.

Some states understand what is going on.
Well if Harris is proposing that idea I suppose she wants to help the poorer citizens that are most impacted by price gouging in the states that you are dismissing as “stupid”.
 
Harris had better be able to produce actual financial flow tables to show where she thinks someone is gouging.

Nobody cried when Exon lost 20 Billion. When they made 20 Billion, everyone went nuts.

Harris better be able to explain it in the long term. None of this cherry picking, anecdotal garbage.
I doubt she will explain in detail because I don’t think she expects it to be a reality. It is a populist campaign position that isn’t likely to go anywhere in Congress
 
I doubt she will explain in detail because I don’t think she expects it to be a reality. It is a populist campaign position that isn’t likely to go anywhere in Congress
Translation: it’s a lie to get low-income people to think she’s going to make groceries affordable.
 
Translation: it’s a lie to get low-income people to think she’s going to make groceries affordable.
That’s not the subject. 37 states have these types of laws and the question was what more she could do. The obvious answer is to extent these laws nationwide,
 
You never answered my question about the insulin cap that Biden did. Do you consider that socialism?
No. But snatching away privately owned patents so the government can take over production is, and that is what Kamala is caught on tape promoting.

We don’t need no stinkin’ socialism.
 
No. But snatching away privately owned patents so the government can take over production is, and that is what Kamala is caught on tape promoting.

We don’t need no stinkin’ socialism.
Gotchya. So as long as she doesn’t take patents from pharma companies you’re all good with her capping profits on grocery store items?
 
Gotchya. So as long as she doesn’t take patents from pharma companies you’re all good with her capping profits on grocery store items?
Nope. It will drive groceries out of business if they can’t increase their prices to keep up with their COGS. I’m opposed to creating food shortages.
 
She’s promoting national government control when it’s up to states. The fact that she wants the federal government to control what states choose to do is quite relevant.
Wasn’t capping the price of insulin also a national government control thing?
 
Nope. It will drive groceries out of business if they can’t increase their prices to keep up with their COGS. I’m opposed to creating food shortages.
Well look at that... I'm opposed to creating food shortages as well! We are in agreement!
 

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