Kamalanomics: The Road to Shortages and Skyrocketing Inflation

Kamalanomics: The Road to Shortages and Skyrocketing Inflation

It’s pretty bad when even CNN trashes your economic policy, but that’s exactly where Kamala Harris finds herself with her latest economic plan fantasy. Her proposal to impose federal price controls on groceries is straight out of a failed utopian/dystopian playbook, and we all know where that leads—shortages, hoarding, and empty shelves. Price controls rarely work, and they won’t start working just because they’re coming from Kamala’s staffers. When the government starts dictating prices, the market reacts,by shrinking supply. Soon, the very groceries Harris claims to be making affordable will be nowhere to be found.

But the madness doesn’t stop there. Promising voters $25,000 in free down payments is nothing short of pouring gasoline on the inflation fire. It’s de facto taxation through the backdoor. What happens when you inject that kind of money into an already overheated housing market? Prices soar. The dream of homeo...
Source: Slavyangrad
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