What are these “clear rules of the road” or the thresholds that determine when a price or profit level becomes “excessive”? The memo doesn’t say, and the campaign did not answer questions I sent seeking clarification. //

It’s hard to exaggerate how bad this policy is. It is, in all but name, a sweeping set of government-enforced price controls across every industry, not only food. Supply and demand would no longer determine prices or profit levels. Far-off Washington bureaucrats would. The FTC would be able to tell, say, a Kroger in Ohio the acceptable price it can charge for milk.

At best, this would lead to shortages, black markets and hoarding, among other distortions seen previous times countries tried to limit price growth by fiat. (There’s a reason narrower “price gouging” laws that exist in some U.S. states are rarely invoked.) At worst, it might accidentally raise prices. //

But more to the point: If your opponent claims you’re a “communist,” maybe don’t start with an economic agenda that can (accurately) be labeled as federal price controls. //

The "policy" is horrible, but you're just supposed to be vibing on how she's going to take care of the evil corporations. She apparently vetted this policy like she vetted her running mate Tim Walz — which is to say not at all or keeping her eyes covered about all the bad stuff. //

anon-aqyc Jerry's Middle Finger
an hour ago
They are just following the playbook of every Marxist since the beginning of time. Promise the world and when you get in power bring out the iron fist.

I am aware that Marx did not write about it until the 19th century, but the idea was not new with him. //

St. Joseph, Terror of Demons Jerry's Middle Finger
an hour ago
They know it doesn’t work and they don’t care. If everything fails, that means the elites get more money and more power. //

Donner’s Party
an hour ago
WaPo must have gotten the Memo from Bezoes, that Kamala’s new Joy policy wasn’t going to work for Amazon.
No Amazon, No WaPo, No Job.