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ShowAugust 19, 2024
Watch: Kamala Harris’s drunk communist economic policies explained
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Kamala Harris had a stressful weekend, as she proved she is unable to keep a sentence together without a script. She also revealed her economic policy platform. Today’s show breaks down her drunk, communist agenda.
Kamala undoubtedly loves wine and whisky, but the real scandal is her price control proposal.
According to AP News:
With inflation and high grocery prices still frustrating many voters, Vice President Kamala Harris on Friday proposed a ban on “price gouging” by food suppliers and grocery stores, as part of a broader agenda aimed at lowering the cost of housing, medicine, and food.
There is no strict definition that economists would agree on, but it generally refers to spikes in prices that typically follow a disruption in supply, such as after a hurricane or other natural disaster. Consumer advocates charge that gouging occurs when retailers sharply increase prices, particularly for necessities, under such circumstances.
Several states already restrict price gouging, but there is no federal-level ban.
“This has happened before in other countries. It always leads to hyperinflation and it always leads to shortages,” Crowder said. “Corporations don't price fix, it doesn't make sense.”
Price changes in a free economy because they constantly keep up with many things, including production cost, inflation, and supply and demand. However, fixing prices to combat inflation exponentially increases negative outcomes, especially because it increases the money supply.
"To save the fake problem of corporations' price fixing, which makes no sense, she says the government is going to come in and price fix,” Crowder added.
Kamala also proposed a $6,000 child tax credit and is trying to compare this with the $5,000 credit proposal by JD Vance. This is in addition to her stealing Trump’s proposal for no taxes on tips.
“She is stealing from their playbook but she gets it wrong,” Crowder said. “A child tax credit with no income requirement, you are now encouraging unproductivity.”
It’s unclear how you can give a tax credit to people who don’t pay taxes.
She also wants to give first-time home buyers $25,000 to cover a down payment.
“She wants to increase demand at a time where there is low supply,” Crowder said.
She is arguably designing a “policy to increase inflation.”
When asked how she would pay for all these things, she just repeated the phrase, “return on investment.”
“These bills are designed to reengineer society,” Crowder said.
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