News Ticker

Kamalanomics Blowback Begins As Food Prices Hit Record Highs

August 17, 2024 This article was posted by TLB Staff Analysis, COMMENTARY, FINANCIAL, GOVERNMENT 0

Kamalanomics Blowback Begins As Food Prices Hit Record Highs

“If your opponent claims you’re a “communist,” maybe don’t start with an economic agenda that can (accurately) be labeled as federal price controls.” ~Washington Post

(TYLER DURDEN REPORTS) – “KamalaCosts” and “Kamalanomics” are trending on X on Friday afternoon as Vice President Kamala Harris unveiled her strategy to address the crushing economic environment faced by the working poor and middle class during her tenure as vice president in the Biden administration.

 

Recall that VP Harris was the biggest ‘Bidenomics’ cheerleader. 

It makes very little sense why VP Harris has recently admitted at campaign rallies there’s an ongoing inflation storm and affordability crisis, yet it appears she is throwing President Biden under the bus. However, she is second in command and trying to deflect accountability for nation-killing, out-of-control government spending that stoked the inflation storm.

Americans are beyond frustrated with inflation that the Biden-Harris administration has fueled over the past 3.5 years while VP Kamala Harris travels across the country, avoiding ‘unscripted’ press conferences and trying to convince voters at highly scripted campaign rallies that she’s not responsible.

After stealing former President Trump’s proposed ‘no tax on tips‘ plan, the geniuses behind VP Harris’ campaign thought it would be brilliant to introduce communist-style government price controls on grocery stores and food companies as their first major economic policy. The move was a complete disaster, and even the leftists at the Washington Post pointed out that it was a poor policy choice…

“If your opponent claims you’re a “communist,” maybe don’t start with an economic agenda that can (accurately) be labeled as federal price controls.” 

Investment analyst Lyn Alden pointed out on X that grocery stores like Kroger have “razor-thin profit margins.” So the whole ‘corporate price gouging’ narrative by Harris’ team is just ‘malarkey.’

Producers of food products have similar margins in the low double-digit range.

House Republicans reminded folks on X today about the sour subject of Biden-Harris’ food price inflation crisis:

Others pointed out that ‘Kamalanomics’ is just an extension of ‘Bidenomics’ and focused on the massive food price surges.

***

CONTINUE READING ORG. ARTICLE

Header featured image (edited) credit: Harris/GOP X account org. article

Emphasis added by (TLB)

••••

••••

Stay tuned tuned…

••••

The Liberty Beacon Project is now expanding at a near exponential rate, and for this we are grateful and excited! But we must also be practical. For 7 years we have not asked for any donations, and have built this project with our own funds as we grew. We are now experiencing ever increasing growing pains due to the large number of websites and projects we represent. So we have just installed donation buttons on our websites and ask that you consider this when you visit them. Nothing is too small. We thank you for all your support and your considerations … (TLB)

••••

Comment Policy: As a privately owned web site, we reserve the right to remove comments that contain spam, advertising, vulgarity, threats of violence, racism, or personal/abusive attacks on other users. This also applies to trolling, the use of more than one alias, or just intentional mischief. Enforcement of this policy is at the discretion of this websites administrators. Repeat offenders may be blocked or permanently banned without prior warning.

••••

Disclaimer: TLB websites contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of “fair use” in an effort to advance a better understanding of political, health, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than “fair use” you must request permission from the copyright owner.

••••

Disclaimer: The information and opinions shared are for informational purposes only including, but not limited to, text, graphics, images and other material are not intended as medical advice or instruction. Nothing mentioned is intended to be a substitute for professional medical advice, diagnosis or treatment.

Related Articles

Be the first to comment

Leave a Reply

Your email address will not be published.


*


Copyright © 2012 - 2024 | TLB Project™ LLC