Just when you think Democrats can't possibly be more ignorant of basic economics, they boldly charge in with yet another terrible policy to make things worse.
Enter our favorite useless, but somehow destructive, Democratic house leader, Rep. Hakeem Jeffries.
We can make life more affordable by ending price gouging.
— Hakeem Jeffries (@RepJeffries) June 22, 2024
Ok, wait a minute.
This message is for Democrats' low information voters.
— Andrea E (@AAC0519) June 22, 2024
Price gouging isn’t the problem. Bidenomics is the problem.
— Paul A. Szypula 🇺🇸 (@Bubblebathgirl) June 22, 2024
Because of Joe Biden, inflation has averaged over 5%, prices are up 20% and wages down 4%.
We need President Trump.
Don't you see, if we just force companies to increase the number of cookies per bag, everything will be fine!
Thank God. I’ve been sleepless with worry.
— Jeff Carlson (@themarketswork) June 22, 2024
I’m totally unconcerned about $35,000,000,000,000 in national debt. Open borders & 10 million new illegals. A 20% rise in food prices. Spikes in gas prices. Multiple wars & degradation of our cities.
Price-gauging. That’s the ticket.
The left perpetually believes the reason things cost too much is greedy corporations unfairly raising prices rather than recognizing companies are forced to do so just to keep up with oppressive Democratic policies.
Please stop "helping."
— Charles V Payne (@cvpayne) June 22, 2024
Your handiwork has made life intolerable (see chart) to all but the educated elite who have even money after loan bailouts to pay for their avocado toast. https://t.co/d8ZBTHIxLo pic.twitter.com/JOTgATq5mS
ONLY Communist dictatorships like the USSR, Cuba, Venezuela impose artificial "price controls" on basic goods to try an assuage the masses.
— Tom T. ن 🇺🇸 (@VRWCTexan) June 22, 2024
The crisis NEED for "affordable life" is to CUT federal spending to match revenues & reduce the current DEBT - $1 Trillion in interest. https://t.co/Z4S1pN1mmh pic.twitter.com/PmLrPJr1rr
All we have to do is raise taxes to give the American people affordable lives! Oh no, why does everything cost more now!?
Communists, like Hakeem, like for government to control businesses and their profit margins. See, leftists believe that all money should belong to the government and be distributed as they see fit. They believe your hard work and success should benefit all, not just you... https://t.co/ZwIwoRxLGg
— G (@TCC_Grouchy) June 22, 2024
The Left is up to its old tricks.
— Jeff Clark (@JeffClarkUS) June 22, 2024
It cannot understand basic economics or it refuses to do so, so that it can demagogue.
Prices will equilibrate supply and demand and produce a market price.
If the government sets a price that is too low, then shortages will result.
This is… https://t.co/OZqqiFIdpv pic.twitter.com/ZnmO0xuSyA
The Left is up to its old tricks. It cannot understand basic economics or it refuses to do so, so that it can demagogue.
Prices will equilibrate supply and demand and produce a market price.
If the government sets a price that is too low, then shortages will result. This is an iron law. Hakeem Jeffries is ignorant of it. Or by calling for price caps, he’s trying to exploit
the ignorance of low-information, poorly educated voters.
Don't worry everyone, Extreme Hakeem is here to fix everything! We are confident THIS new economic plan won't blow up like the last one did and the one before that and the one before that. This time, they'll get it right!
Join the conversation as a VIP Member