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re: Harris to call for price controls on grocery store corporations in Friday speech
Posted on 8/15/24 at 1:14 pm to vl100butch
Posted on 8/15/24 at 1:14 pm to vl100butch
quote:
If you want to see food prices go down, reduce the cost of energy!!!!!!
This isn't rocket science....
Yep, as well as insurance costs.
Any packaged item at a grocery store would use fuel and insured vehicles starting from the machines at the farms, the trucks to transport to the manufacturer, the trucks to transport from the manufacturer to the distributor, and then the trucks to move from the distributor to the grocery store. Not the mention the grocery store's own utility and insurance premiums costs.
Energy and insurance premiums affect the cost on each leg of the supply chain and it gets tacked onto the final cost.
0
Posted on 8/15/24 at 1:28 pm to MemphisGuy
I never said I had data. I made it clear of that when I said "I think". This was based on the very true fact that companies will absolute get away with everything they can. I was wrong in my assumption. What's the reasoning behind being an insulting child about it?
Posted on 8/15/24 at 1:31 pm to Taxing Authority
The data is in the pricing. It seems I was wrong but it's not outlandish for someone who hasn't researched to think these companies aren't doing exactly what they're paid to do and extort the consumer. Assume the worst in the morals of business and you'll almost always be right. Guess the left obliterated the economy even more than I thought.
Posted on 8/15/24 at 1:32 pm to HailHailtoMichigan!
answer is always another step toward socialism, never fix the problem that caused the problem, because the created the problem
Posted on 8/15/24 at 1:35 pm to HailHailtoMichigan!
No economic policy on the planet has a worse track record than price controls.
Miserable failure producing strictly worse outcomes 100% of the time.
I'd expect no less from that retard and her supporters.
Miserable failure producing strictly worse outcomes 100% of the time.
I'd expect no less from that retard and her supporters.
Posted on 8/15/24 at 1:40 pm to BuckI
quote:
We've needed price controls on groceries for a long time. Now we have someone who is going to do something about it. Do you guys like paying high prices for groceries or something?
You’re anti capitalist.
A store should be able to sell a product for as much as they can.
Period
Posted on 8/15/24 at 1:44 pm to BuckI
quote:
We've needed price controls on groceries for a long time.
Why? How do you propose that we control prices? Simply cap what the store can charge? Cap what the wholesaler can charge the store? Cap what the manufacturer can charge the wholesaler? Cap what stores, wholesalers AND manufacturers can pay their employees? Cap what suppliers can charge manufacturers? Where do you start with your price controls? Cap the corporate income tax rate? For states that charge sales tax on food, outlaw that?
Please tell us where you start capping prices?
Posted on 8/15/24 at 1:48 pm to BuckI
quote:
We've needed price controls on groceries for a long time. Now we have someone who is going to do something about it. Do you guys like paying high prices for groceries or something?
Agreed I think everything should be $1.
Nice easy number. Basically like the old Dollar Tree stores.
How long do you think it will take the shelves to empty out?
How quickly do you think it will take the stores to restock when they can only pay food producers and farmer $0.50 for each pound of meat, gallon of milk, box of cereal, etc.?
How long before the farmers and food producers close up shop and just feed their own families rather than sell their work and products at a loss? (Or sell everything to other countries where they can make a profit)
How long then before the groceries stores lay off their workers for lack of product/business? How long before they close down?
I guess the government could then try to seize and take over all food production and distribution to solve the national emergency created by the price controls. Oh wait - did we just stumble on the logical conclusion, daresay goal here? If it looks like communism and smells like communism…
This post was edited on 8/15/24 at 1:51 pm
Posted on 8/15/24 at 2:25 pm to PensaTigers
quote:
What's the reasoning behind being an insulting child about it?
If you think I was being an insulting child a) You have no idea and b) You need to grow some thicker skin.
Posted on 8/15/24 at 2:28 pm to PensaTigers
quote:
This was based on the very true fact that companies will absolute get away with everything they can.
How is that different than consumers? They want the highest price they can get away with, you want the lowest price they'll accept. That's called "capitalism".
Posted on 8/15/24 at 3:41 pm to Flats
Thats a damn good point. The problem is these company's have power. In any fortune 500 company they're pressured through selective advancement. Do all consumers have the moral alignment to do awful things for benefit? No. Are all fortune 500 companies willing to do horrible things to maximize profits? Absolutely. There's endless horror stories. Now given those two facts, add in power to the latter, and we have the major issue.
This post was edited on 8/15/24 at 3:44 pm
Posted on 8/15/24 at 3:42 pm to MemphisGuy
Oh I have plenty idea. I didnt say you were as childish/insulting as can be, just childish/insulting. I also didn't say my feelings were hurt, only liberals get their feelings hurt online, even you know that. Something wrong with me calling out your behavior?
This post was edited on 8/15/24 at 3:45 pm
Posted on 8/15/24 at 4:04 pm to PensaTigers
quote:No. No it isn't. That's only half of the transaction (at best). It tells you nothing.
The data is in the pricing.
quote:So... you have nothing but "muh feels". Cool. Because I have looked at grocery retailer profits.They don't indicate massive profits. Quite the opposite actually.
It seems I was wrong but it's not outlandish for someone who hasn't researched to think these companies aren't doing exactly what they're paid to do and extort the consumer.
quote:Nope. You'll be a victim of the simplest bogey man fallacy ever.
Assume the worst in the morals of business and you'll almost always be right
Posted on 8/15/24 at 4:07 pm to HailHailtoMichigan!
0% chance she does this if elected. Politicians do not bite hands that feed.
Posted on 8/15/24 at 4:07 pm to winkchance
quote:Of course! It's worked so well all through out history. Price controls are awesome! Just ask the people of Venezuela. Chavez reduced the price of almost everything. And and things like food and toilet paper are abundant and cheap.
answer is always another step toward socialism
I know... I know... that wasn't real socialism, this time it will be different...
Posted on 8/15/24 at 4:08 pm to Flats
quote:I've already offered him a job at a 30% pay cut. Oddly, doesn't seem to want it?
How is that different than consumers?
Posted on 8/15/24 at 4:09 pm to AmishSamurai
quote:
You want to be Venezuela?
Okay, here is step 1 ...
Commies are good at inducing hunger and even famine with ideology.
Posted on 8/15/24 at 4:10 pm to PensaTigers
quote:That's true. I was sitting at home last night minding my own business... and some dude knocked on the door, kidnapped me and forced me to buy groceries from Kroger. Bastards!
The problem is these company's have power
quote:Link?
Are all fortune 500 companies willing to do horrible things to maximize profits? Absolutely.
Posted on 8/15/24 at 4:11 pm to Auburn1968
quote:That isn't real socialism! This time it will be different! We just need the right people in charge this time! Forward!
Commies are good at inducing hunger and even famine with ideology.
Posted on 8/15/24 at 4:16 pm to PensaTigers
quote:
The data is in the pricing. It seems I was wrong but it's not outlandish for someone who hasn't researched to think these companies aren't doing exactly what they're paid to do and extort the consumer.
And this type of ignorance and emotional response to rising prices is exactly what the Harris campaign is relying on.
You are the problem
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