Price Gouging is a Dangerous Claim in the Hands of the Democrats

Kamala Harris is blaming corporations for rising prices to divert attention from the real issue: inflation driven by the spending policies of the Biden/Harris administration. This tactic goes beyond mere political maneuvering. The Democrats have a history of repurposing laws originally intended for good into tools for advancing their own political agendas.

There are existing laws against price gouging, which aim to prevent excessive pricing during emergencies or significant market disruptions. However, the current inflation is largely a result of policies from the Biden/Harris administration, not an actual emergency or market disruption.

Moreover, there is no clear, universal standard for what constitutes price gouging, allowing the government to selectively target businesses. Most certainly, only those corporations that don’t kowtow to the government will be targeted. If this practice becomes standard, it could be used by future administrations—Republicans included—to pursue their own agendas. Even the mere threat of government action will coerce businesses into doing the government’s bidding.

Additionally, this approach could be a precursor to implementing price controls, which would undermine free-market capitalism as we know it, all because the current administration mishandled public funds.