Kamala (Kammie) Harris wants to have price controls HERE & HERE! And HERE is a Venezuealan’s view of price controls from personal experience. Remember when U.S. President and Rockefeller protege Richard Nixon was President? No, you probably don’t unless you’re in your late 60’s. He had wage and price controls, and they didn’t work, but they sure caused a lot of problems; see HERE! Even Joe Biden’s former Chief of Staff says Kamala’s V.P. performance was a failure HERE! Video in her own words – not AI, not doctored – she’s nuts and dangerous HERE!

Let’s use some simple numbers for an example. Kamala wants to control food prices and stop “corporate gouging”! O.K., here goes; a migrant farm worker picks mellons to go to the store. It costs the farmer $0.25 per mellon for the worker to pick the mellon. It costs the farmer $0.50 per mellon to plant, water, and fertilize each mellon from start to harvest. Then, of course, it costs $0.05 per mellon for property taxes and insurance costs. It costs $0.10 per mellon to drive (truck, gas, maintenance, driver, insurance etc.) it to a distribution center, and another $0.10 per mellon to get it to the store. So, now without adding any profit, it costs the store $1.00. But wait, the farmer wants to make a little profit so he can feed his family, save for retirement, pay his bills etc. So let’s give the farmer a $0.10 per mellon profit. Now, the store has to pay $1.10 per mellon. Then the dock workeer has to unload the mellons, and the produce clerk has to stock the bin. Let’s say all of that cost $0.10 per mellon to the store. Then of course the store has a mortgage, cashiers, managers, property taxes, insurance, utilities, theft (shop lifting), spoilage etc. Let’s say all of that costs the store $0.10 per mellon. Now, the cost to the store is up to $1.30 with no profit. Let’s say the store is happy with $0.15 profit per mellon, then the price to the consumer is $1.45 per mellon.

Now, along comes Kammie Harris and she says these price gouging corporations must not raise prices on mellons by more than 5% per year! Meanwhile, the central banksters (Federal Reserve) keep on printing money, and Congress keeps on spending money, and those two inflationary actions drive up the farmer’s and grocery store’s costs by 10% making the cost to the store $1.43. Of course, the store cannot make enough profit to make it worth their while if all they get is $0.02 per mellon. Might as well not even sell them (shortages). Well, where do you cut? The first cut will likely be the migrant farmworker who will have his pay cut to $0.24 per mellon (a 4% reduction in pay – painful, but doable). This would reduce the cost to the store to $1.42, but the store is still not going to work for $0.03 per mellon. More cuts are necessary. The farmer will have to reduce some of his overhead – less water and fertilizer making for a lower quality mellon would save $0.05 per mellon, and that would bring the price on the mellon down to $1.37 (an $0.08 profit for the store) The store can eliminate one employee, and that would reduce the cost per mellon by another $0.02. Then the store could shorten its hours of operation by 6 hours a week, and that would reduce the cost per mellon by another $0.02, and now we’re talking $1.33 cost to the store. If they increase the price of the mellon by the allowed 5%, then the mellon price is now $1.52. The store can make a decent profit, although some people got hurt along the way.

Next year, the cost of everything goes up another 10%. The migrant farm worker says his cost of living is skyrocketing, and he won’t take another cut in pay, and is thinking of unionizing and going on strike. The farmer says he can’t cut his quality any more, or he won’t have a product to sell. The store says the increased price of a mellon to $1.46 doesn’t leave him enough profit to make it worth while to sell mellons. Now, there are no mellons on the shelf, and the consumer is mad and complains to the store manager. The store manager says he’s not able to sell mellons any more because he can’t make a profit.

Next, nobody down the line is making a profit, so farmers, migrant workers, truck drivers and distribution centers all shut down. Meanwhile, rich people and the politicians they own are able to freely negotiate for mellons on the state approved store which subsidizes all of the costs and has just certain favored farmers provide them product. Voila – Communism 101!

The bottom line is that the government creates problems, comes up with phony solutions which create more problems, and the vicious cycle goes on and on until nothing works and the shelves are bare and what product you can buy is a highly inferior product not worth having.

Pensiamento Peligroso