Comrade Kamala Harris has no intentions of hiding that aside from Biden’s failed economic plan, her beliefs are truly communist to the core. Her first bid in policy proposal? Ban on price gouging, or in layman’s terms, “price controls,” and in a way, “socialism.”
Even her own party mates trashed her plan as they believed it was totally ‘unworkable’ and a mere tactic to escape accountability for inflation.
During her speech, Harris blamed the supply chain disruption during the pandemic, which led to inflation. However, her statement also admits that life was better under Trump’s administration, as costs remained soaring even after the pandemic ended.
“A loaf of bread costs 50% more today than it did before the pandemic. Ground beef is up almost 50%” she remarked.
Harris believes price controls must be imposed to stop inflation, which could be the first in US history.
Potato-brained Harris does not realize that her proposal would ultimately kill businesses.
She remarked, “As President, I will be laser-focused on creating opportunities for the middle class that advance their economic security, stability, and dignity. Together, we will build what I call an opportunity economy.”
“The average margin for a grocery store or 7-Eleven sell food is between two and three percentage points,” adding that “many of them will go out of business” should Kamala’s policy be implemented.
Another economist, Kevin Hassett, quipped: “When the government comes in and takes over food production and sets prices, that inevitably leads to food shortages and even famines.”
The same thing occurred in communist countries such as Venezuela, Cuba, and North Korea.
One Democrat lawmaker said, “I honestly still don’t know how this would work.”
Lying Kamala is clueless about the economy as her only claim to fame was crawling into other women’s husbands to earn a government position.
President Donald Trump blasted Harris’ proposal on Truth Social and said, “If you think things are expensive now, they will get 100 times WORSE if Kamala gets four years as President. Under her plan, Kamala will implement SOVIET Style Price Controls.”
“She will abolish private health care, and make California’s ridiculous tax policies the law of the land, meaning EVERY American will be taxed up to 80% of their income! If you want more CASH and less TAX, VOTE TRUMP!!!” the former president continued.
Jason Furman, the former National Economic Council chair under Obama, torched Harris’ plan and quipped, “It’s not based in reality.”“There’s no upside here, and there is some downside.”