2024 Presidential Election Thread

[Uncle Ted]

Jill Stein has the democratic party nailed...

Embedded Tweet

And Komrade Harris is taking the party into the communist realm...

GV16kTFaEAAzj6Q.jpeg

[Uncle Ted]

She will debate Trump though!

Kommie Harris will only debate on her terms...

Kamala Harris' Fear Is Palpable As She Desperately Tries to Change the Rules of the ABC News Debate

In a move that will surprise no one, Kamala Harris is now pushing for major rule changes at the ABC News debate. That comes after her campaign spent weeks insisting that any deviation from the Biden-negotiated event would represent cowardice on the part of Donald Trump.
[...]

https://redstate.com/bonchie/2024/08...-show-n2178534

Embedded Tweet

Given the direction movement in the polls I think Harris needs the debate more than Trump.

[frank ryan]

Jill Stein has the democratic party nailed...

Embedded Tweet

And Komrade Harris is taking the party into the communist realm...

GV16kTFaEAAzj6Q.jpeg

lol, Jill Stein has been a useful stooge for Putin/right wing since 2016 when she actively helped Trump by only going after Hillary.

I would think you'd dislike her opinion because she is theoretically so far left.

[Shaka]

This is why Kommie Harris won't do an interview... She is afraid that even Jake Tapper will call her out like this:

Embedded Tweet

But on "Day 1" she promises to fix everything!

She can't fix the 220,000,000 Americans who died from Covid.

[Uncle Ted]

She can't fix the 220,000,000 Americans who died from Covid.

Yes, in addition to the 13 service members that died on her and Grandpa Joe's watch, they let 220 MILLION Americans die from Covid!

Embedded Tweet

We won't survive if Harris is elected!

[Uncle Ted]

lol, Jill Stein has been a useful stooge for Putin/right wing since 2016 when she actively helped Trump by only going after Hillary.

I would think you'd dislike her opinion because she is theoretically so far left.

At least Jill Stein is not a freak'n commie.

[frank ryan]

At least Jill Stein is not a freak'n commie.

Ted, the Green Party's platform is probably the closest to communism as any other one that is going to appear on the ballot.

[Jeff Lebowski]

Interesting article explaining how stupid stupid it is to outlaw price gouging as Harris has proposed. tl;dr summary: banning price gouging leads to shortages and all kinds of secondary impacts during emergencies, according to economists.

https://www.nationalreview.com/2024/...l-Letter-Smart

In last week’s Capital Letter, I discussed price controls in general. Politically they may make sense, economically they normally do not. Are laws against “classic” price-gouging in the wake (or in anticipation) of an emergency any different?

Economist John Cochrane doesn’t think so. In fact, writing on Substack, he argues that “We should praise price-gouging. Yes, pass a new federal law, one that overrides the many state laws against price gouging.”

In his The War on Prices, Ryan Bourne writes that there are anti-gouging laws in 37 states and Washington, D.C. Some of them prohibit prices that are “exorbitant” or “excessive” in an emergency. Virginia’s law prohibits ones that are “unconscionable.” Unconscionable? A price “grossly” exceeding that charged for the same or similar goods in the ten days before the emergency. Grossly.

The vagueness of such language (which is not atypical) means that vendors hiking prices on existing stock in response to the increased demand will tread carefully. Those who could have rushed in extra supplies if the price were right for them may well not take the risk. California’s certainty is, if anything, even worse. Price increases are limited to less than 10 percent above their pre-crisis level, unless the business can “validate” that it now faces higher costs. When prices really surge, the 10 percent, argues Bourne, will operate as a cap. That must be right. Faced with a process that includes “validating” their costs, most of the vendors who might have helped California out (at the right price) will decide not to bother.

In short, anti-gouging laws will mean, writes Giberson, that “fewer individuals outside of the affected areas will risk their time and money bringing ice, electric generators, or other goods into storm-ravaged areas if they risk arrest and fines for charging ‘unconscionable prices.’”

As Cochrane points out, the effect of anti-gouging laws on the supply of one good can hit the supply of another:

A truck bringing in food really should get some of the available gas. But if a price-gouging limit on gas means that truck can’t get gas, then it can’t bring in food either. A price-gouging limit on food means the truck can’t afford the gas.

Anti-gouging laws limit the price rises that discourage the hoarding that makes shortages worse. The more expensive a good, the more expensive it is to hoard. Cochrane argues that higher prices also send a signal to would-be hoarders that there is no need to hoard, say, toilet paper, as there “always be some in the store later.” Not everyone would get that message, I reckon, but, if enough did, it would help reduce the risk that emptying shelves trigger a panic. Hoarding is infectious.

You get the picture.

[Uncle Ted]

Interesting article explaining how stupid stupid it is to outlaw price gouging as Harris has proposed. tl;dr summary: banning price gouging leads to shortages and all kinds of secondary impacts during emergencies, according to economists.

https://www.nationalreview.com/2024/...l-Letter-Smart


You get the picture.

Yeah, it's a very dumb idea... The way to lower food prices is to increase the supply (e.g., give farmers incentives to grow more food rather than trying to drive them out of business with stupid regulations or the biden/harris unrealized capital gains tax). Not to mention, the profit margins on food are already very low (1.6%). How about putting some price controls on Pfizer especially after paying them billions for the covid vaccine....

Embedded Tweet

Of course, most, if not all, of Harris' ideas are dumb.

[Jeff Lebowski]

Yeah, it's a very dumb idea... The way to lower food prices is to increase the supply (e.g., give farmers incentives to grow more food rather than trying to drive them out of business with stupid regulations or the biden/harris unrealized capital gains tax). Not to mention, the profit margins on food are already very low (1.6%). How about putting some price controls on Pfizer especially after paying them billions for the covid vaccine....

Embedded Tweet

Of course, most, if not all, of Harris' ideas are dumb.

I saw that tweet the other day. I can't imagine responding to Harris's stupid price control proposal with another equally (if not more) stupid price control proposal.

You could maybe try to show even a little bit of idealogical consistency, you know.

[falafel]

I love how TedBot's response to negative news or criticism of Trump is to flood the zone with pointless, inaccurate, or just outright false tweets from other RussianBots. Even better if they are posts responding to other posts, so each TedBot post can take up 2x the screen real estate.

[Clark Addison]

Yeah, it's a very dumb idea... The way to lower food prices is to increase the supply (e.g., give farmers incentives to grow more food rather than trying to drive them out of business with stupid regulations or the biden/harris unrealized capital gains tax). Not to mention, the profit margins on food are already very low (1.6%). How about putting some price controls on Pfizer especially after paying them billions for the covid vaccine....

Embedded Tweet

Of course, most, if not all, of Harris' ideas are dumb.

I invested in Intuitive Surgical 5 or 6 years ago. It's done pretty well for me!

[Uncle Ted]

I saw that tweet the other day. I can't imagine responding to Harris's stupid price control proposal with another equally (if not more) stupid price control proposal.

You could maybe try to show even a little bit of idealogical consistency, you know.

The point is that food is has very little profit margin and, therefore, price controls would easily drive the suppliers out of the market. I would rather see single payer medical insurance before price controls on food.

[Uncle Ted]

I invested in Intuitive Surgical 5 or 6 years ago. It's done pretty well for me!

And I have been a long term investor in Apple.

[Jeff Lebowski]

The point is that food is has very little profit margin and, therefore, price controls would easily drive the suppliers out of the market. I would rather see single payer medical insurance before price controls on food.

No, the point is that price controls are bad. In any scenario. Economics 101.

Also, economic populism is bad. That includes Harris's price control ideas on groceries and rent, trump's idea to have no tax on tips, trumps ideas on tarriffs, that stupid tweet you shared, boogey man stuff about "big pharma", "evil corporations", etc.