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Price Gouging

summitlion1

Well-Known Member
Gold Member
Apr 2, 2008
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1,023
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Kamala says in her first 100 days, she will end price gouging, especially with groceries and food. Besides the fact that the goverment controlling the price of goods and services even more than they do now is not something I want to see, how much will this help consumers? The average net profit of food corporations is 7-10%. That means if you mandate corporations make 0% profit, food prices would decrease less than 10%. Even in this extreme example, how much will that help the average American. Food prices are up 40% since COVID, BTW.
 
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