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www.politico.com

Former President Donald Trump is attacking Vice President Kamala Harris’ plan for a federal ban on price gouging by grocery stores and food suppliers as “Soviet-style” controls.

But Republican state officials across the country have embraced the idea of capping excessive prices for years.

GOP state attorneys general, as well as many of their Democratic counterparts, have moved to stop companies from charging what they view as exorbitant increases in the cost of some goods in certain circumstances.

In Texas, Attorney General Ken Paxton, a Republican, sued a large egg supplier for raising prices by about 300 percent at the height of the pandemic lockdowns in 2020.

  • ikidd@lemmy.worldEnglish
    1·
    1 month ago

    Fuck suing these looters; anyone that was gouging during the pandemic should be put up against a wall so they know what happens to looters during a international emergency.

  • circuitfarmer@lemmy.sdf.org
    1·
    1 month ago

    It’s also just literally not communism. That’s just the word they use when there is no real argument. Americans have been conditioned by 50+ years of “communism bad”, so it tends to work, especially as a conservative dog whistle.

  • N0body@lemmy.dbzer0.comEnglish
    1·
    1 month ago

    Laws that help regular people are communism and bad. Laws that help rich people are capitalism and good.

    It’s baffling that this idiotic messaging has controlled American politics for 4 decades.

  • samokosik@lemmy.world
    0·
    1 month ago

    Honestly any of these price controls by governments are quite terrible and usually just form of populism.

    Actually it’s not even beneficial for markets to artificially increase prices.

    • barsquid@lemmy.world
      1·
      1 month ago

      Oh, so therefore the Invisible Hand will prevent artificial price increases. We only imagined prices increasing while companies were boasting of record profits.

      • samokosik@lemmy.world
        0·
        1 month ago

        I don’t know how competition is invisible hand. If companies want record profits, they cannot just increase prices because some will undercut them.

          • samokosik@lemmy.world
            1·
            1 month ago

            Who will force you to follow it? I mean if you think that the companies are keeping prices artificially high, thanks to free market, you can open your own store with fair prices.

            You will get most of consumers because you are cheaper and you make quite a lot of money because everyone comes to you.