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Democrats! Sell me on Harris!
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(08-15-2024, 09:52 AM)HURRICANE!!! Wrote:(08-15-2024, 08:49 AM)The Real Marty Wrote: Here is an example of why I cannot commit to Harris. Today, she is proposing an anti-price-gouging law. Now, anyone who believes in free markets knows that there is nothing wrong with charging absolutely as much as you can for a product or service. That's the way the system is supposed to work. Profits produce jobs, profits bring competition, profits are the life blood of a healthy economy. We should tax profits, yes, but we should never tell people they cannot charge as much as they can for their product or service. There's no such thing as price gouging. There's market price and price fixing. Keeping a hotel artificially low because of "fairness" would actually hurt supply. Instead of a family of 4 making do with 1 room as they might do because of price, if they happen to be "first to the counter" to reserve rooms, they might instead reserve 3 rooms leaving fewer for other needy families. 1 for the husband and wife and 1 each for their adult son and daughter who prefer not to share a room together. This example is hyperbolic, but it's one of many examples for why a family or other group traveling together might want multiple rooms when 1 would suffice. Also, higher market prices motivate people from other areas to load up their trucks and bring needed supplies like generators to an affected area. Without a profit motive, those people aren't bothering and people in affected areas who want generators and are willing to pay over MSRP won't even have the opportunity. |
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