this post was submitted on 16 Aug 2024
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politics

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[–] lettruthout@lemmy.world 100 points 3 weeks ago (7 children)

Wait... wasn't he just giving a "press conference" about how grocery prices have gone up? If not price controls, what will hinder price gouging?

[–] kevindqc@lemmy.world 73 points 3 weeks ago* (last edited 3 weeks ago) (2 children)

Only he can do it. With big numbers, the best. I mean low

[–] Thrashy@lemmy.world 23 points 3 weeks ago

Only by giving massive amounts of no-strings-attached government money to Smithfield and ConAgra while lightly scolding them about shrinkflation can we address high grocery costs!

[–] Coelacanth@feddit.nu 18 points 3 weeks ago (1 children)

He will simply tell the companies they have to lower the prices, and they will say "no way" and he will say "way".

Problem solved.

[–] watson387@sopuli.xyz 5 points 3 weeks ago (1 children)
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[–] AbouBenAdhem@lemmy.world 25 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

Weren’t you paying attention? He’s not going to use price controls, he’s going to use container size controls.

It can’t be communist if it’s big!

[–] adarza@lemmy.ca 17 points 3 weeks ago (1 children)

the shrinkflation shall continue until his tiny hands can wrap themselves around a can of diet coke.

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[–] UnderpantsWeevil@lemmy.world 9 points 3 weeks ago* (last edited 3 weeks ago) (3 children)

We need to De-Woke the agricultural sector. There are too many regulations. Not enough people can keep a cow in their back yard and sell milk to the neighbors.

Retvrn to Tradition!

[–] DMBFFF@lemmy.world 7 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

backyard chickens in cities.

Of course going vegan could also lower prices.

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[–] Raiderkev@lemmy.world 8 points 3 weeks ago

Tax cuts for the elite. It will trickle down to cheaper groceries. Read the art of the deal already.

[–] DarkThoughts@fedia.io 6 points 3 weeks ago

More tax reliefs for rich people.

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[–] ElcaineVolta@kbin.melroy.org 68 points 3 weeks ago (1 children)

I genuinely wish we lived in the world they fear so much

[–] grte@lemmy.ca 59 points 3 weeks ago (3 children)

Surely linking affordable groceries to communism will make affordable groceries less popular rather than communism more popular.

[–] SGGeorwell@lemmy.world 37 points 3 weeks ago (2 children)

Yes, if cheaper groceries are communist, then I’m ready for my hammer and sickle.

[–] lechatron@lemmy.today 25 points 3 weeks ago

then I’m ready

Then WE'RE ready, comrade.

[–] Mouselemming@sh.itjust.works 9 points 3 weeks ago (1 children)

Wait, we get cheaper groceries AND free tools?

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[–] InternetUser2012@lemmy.today 41 points 3 weeks ago (1 children)

Anyone that listens to him is a fucking moron.

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[–] Ghostalmedia@lemmy.world 40 points 3 weeks ago (1 children)

Kamala’s plan is some sort of vague “stop price gouging,” but Trumps plan is even vaguer. His plan was to hold a press conference next to some sausages and say that his administration would lower prices. He gave even fewer specifics.

His actual plans are project 2025.

[–] ilinamorato@lemmy.world 5 points 3 weeks ago

He has no actual plans beyond "stay out of prison by going to the White House."

Project 2025 is the plan of all the people he's going to appoint if he gets in.

[–] jordanlund@lemmy.world 40 points 3 weeks ago (4 children)

The reason publicly traded companies continually raise prices is the pressure from Wall Street to continually make more money than you did last month, last quarter, last year.

Say you sell 1,000,000 hamburgers and make a 20% profit on it.

Unless you make more money next year, selling that same 1,000,000 hamburgers, Wall Street is going to punish you. They don't care that you're profitable.

You either sell more burgers or raise prices.

[–] esc27@lemmy.world 11 points 3 weeks ago (1 children)

Yeah. They treat profit like a necessary business expense or a cost, and balance their budgets around it. Which perverts a fundamental of economics.

I'm starting to think the stock market is just a really awful bank that is sometimes also a ponzi scheme.

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[–] WaxiestSteam69@lemmy.world 6 points 3 weeks ago (1 children)

Thank Jack Welch and Milton Friedman

[–] jordanlund@lemmy.world 6 points 3 weeks ago

A while back, Exxon set a record for any company in a quarter and everyone was going "Wooo!" and I was like "Well, gas prices are going up then... Think about next quarter and this quarter next year..."

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[–] LustyArgonianMana@lemmy.world 38 points 3 weeks ago (1 children)

I AGREE, instead Kamala should do what Trump did and give us all multiple stimulus checks. Like how about every month. We can call it "Universal Basic Income."

[–] Bakkoda@sh.itjust.works 28 points 3 weeks ago (1 children)

American Basic Income. Don't make it and all weird and European sounding/s

[–] Grayox@lemmy.ml 15 points 3 weeks ago (1 children)
[–] Thebeardedsinglemalt@lemmy.world 6 points 3 weeks ago (1 children)

Veteran approved Freedom Bucks!

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[–] JustZ@lemmy.world 22 points 3 weeks ago* (last edited 3 weeks ago)

You know how you end up with communism? You make it so nobody can afford their fucking groceries.

[–] return2ozma@lemmy.world 16 points 3 weeks ago (6 children)

Trump called it "the Maduro plan" and I'm laughing. What an idiot!

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[–] GiddyGap@lemm.ee 16 points 3 weeks ago

Only words left in the conservative vocabulary: "Socialist" and "communist"

[–] paf0@lemmy.world 11 points 3 weeks ago (9 children)

I mean... Price control is kinda anti-capitalist, he's not wrong.

And no I will not vote for Donald Trump.

[–] return2ozma@lemmy.world 42 points 3 weeks ago (3 children)

IDGAF what they call it. Lower the damn prices! Sacrifice a billionaire to the capitalist god or something.

[–] Kalkaline@leminal.space 18 points 3 weeks ago

You have to keep sacrificing the billionaires to the Invisible Hand until market equilibrium is restored.

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[–] Coelacanth@feddit.nu 32 points 3 weeks ago (1 children)

I mean... Price control is kinda anti-capitalist,

Good. Fuck capitalism.

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[–] UnderpantsWeevil@lemmy.world 12 points 3 weeks ago (9 children)

Price control is kinda anti-capitalist, he’s not wrong.

It's authoritarian, but still very capitalist in function. The state is regulating the rate at which you can raise prices, not who profits from the sales.

And no I will not vote for Donald Trump.

I wouldn't lose too much sleep over the decision. In the end, I predict this election will be decided 6-3.

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[–] tburkhol@lemmy.world 11 points 3 weeks ago (3 children)

I need to eat every day whether it's profitable for Jim Perdue or not. Capitalism is a terrible way to run food distribution or healthcare.

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[–] DMBFFF@lemmy.world 6 points 3 weeks ago (1 children)

The informed consumer is a great price control in the free market.

This is why I don't buy whatever crap that Trump flogs or for that matter tic tacs.

[–] paf0@lemmy.world 6 points 3 weeks ago (4 children)

The informed consumer is a great price control in the free market.

What does that even mean? We all see prices rising.

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[–] DaddleDew@lemmy.world 10 points 3 weeks ago* (last edited 3 weeks ago)

Fucking called it. That's all he knows to do.

[–] itsgroundhogdayagain@lemmy.ml 10 points 3 weeks ago

I think there is a difference between price-fixing and putting a stop to price-gouging.

[–] MyOpinion@lemm.ee 9 points 3 weeks ago

Well of course paying lower prices is clearly communist /s

[–] xenoclast@lemmy.world 9 points 3 weeks ago

Did he confuse the word consumerist ?

[–] xc2215x@lemmy.world 7 points 3 weeks ago (1 children)

Communism would do much more.

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