"For an economist, this is about the most terrifying proposal I've ever seen. Because What Kamala Harris is saying is that the government needs to set the price of things and she's starting with food, but I guess if they set the price of food, they might as well set the price of everything else.
"They've also come out, you might recall, the Biden administration saying that they want to set rents, they think rents are too high, so they're going to have the government decide what the rent for your apartment should be. This is absolute socialism and it never ends well. If you go back and look at countries that have tried this, like Cuba, Venezuela, Ukraine back when the Soviet Union organized it, then it leads to famine and shortages."
No comments:
Post a Comment