Hello every one; here’s some significant political news for you. On Wednesday night, it was announced that Vice President Kamala Harris is preparing to outline her first policy proposal. This development comes more than three weeks after President Joe Biden withdrew from the race and endorsed her. In all this time, she’s been relatively quiet about her potential policy intentions.
Some have hailed this proposal as innovative and unprecedented. It’s being promoted as “the first-ever federal ban on price gouging on food and groceries.”
The policy looks to establish clear rules for large corporations to protect consumers from exploitation and excessive profits in the food and grocery sectors. The idea has sparked enthusiasm among supporters, with phrases like “a ban on corporate food price gouging” trending online.
Senator Elizabeth Warren has endorsed the idea, highlighting that she has proposed a similar bill. She claims that “corporate monopolies are raising prices to increase their profits.”
Harris will propose, what her campaign bills as “the first-ever federal ban on price gouging on food and groceries—setting clear rules of the road to make clear that big corporations can’t unfairly exploit consumers to run up excessive corporate profits on food and groceries.”
— Philip Melanchthon Wegmann (@PhilipWegmann) August 15, 2024
This proposal seems to be Harris’ answer to the issue of inflation, a contentious point for the Biden-Harris administration. The administration has been criticized for the surge in prices under its watch.
President Biden maintains that his policies are effective, even urging the media to portray his administration in a more positive light during a recent event at the White House. However, not everyone shares his optimism.
Biden gets angry at the press as his handlers desperately try to kick them out of the room.
“MY POLICIES ARE WORKING! START WRITING THAT WAY,” shouts the demented man.
He ignores the question on Hunter’s corrupt foreign business deals. pic.twitter.com/RRsQ2I9GIw
— RNC Research (@RNCResearch) August 14, 2024
The Harris campaign’s proposal has faced criticism, with detractors drawing parallels between the price controls and communism. They argue that such policies can lead to economic disasters, citing historical examples like the Soviet Union and Venezuela. Critics worry that while prices might decrease in the short term, such a policy could lead to scarcity in the long term.
Kamala Harris’s first policy proposal mirrors one her father implemented in 1970s Jamaica—price controls on food. As a Marxist economist advising the government, her father’s policies led to widespread starvation & suffering. Venezuela tried in 2013 – same result – devastation. pic.twitter.com/D6ephEMe5e
— @amuse (@amuse) August 16, 2024
The debate continues, with some pointing out that corporate greed is not the primary cause of inflation. A May article revealed that economists have found that corporate price gouging was not the main driver behind the inflation surge from 2021 to 2022.
There’s also a warning that such a policy could be interpreted as a “government takeover of food,” with many, including Trump, stating that a vote for Kamala Harris might lead to food shortages in America.
It took 25 days after couping her boss for Kamala to release an actual policy proposal — and it’s a government takeover of food.
A vote for Kamala is a vote for bread lines in America. https://t.co/9rfRZWhDQY
— Trump War Room (@TrumpWarRoom) August 15, 2024
The political temperature is rising, and it is concerning. Stay tuned for more updates.
