return2ozma@lemmy.world to News@lemmy.world · 1 year ago‘Stop the price-gouging’: Biden hits corporations over high consumer costswww.cnbc.comexternal-linkmessage-square99fedilinkarrow-up1536arrow-down110
arrow-up1526arrow-down1external-link‘Stop the price-gouging’: Biden hits corporations over high consumer costswww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 1 year agomessage-square99fedilink
minus-squareSCB@lemmy.worldlinkfedilinkarrow-up2arrow-down9·edit-21 year agoPrice controls are an extremely radical concept, themselves. Last thing this economy needs is further distortion. The sucky thing about inflation is you have to run through it like an illness.
minus-squareNatanael@slrpnk.netlinkfedilinkarrow-up3·edit-21 year agoWindfall taxes. Let them share their gains, that’s the whole point of taxes since society don’t work otherwise.
minus-squareSCB@lemmy.worldlinkfedilinkarrow-up1·1 year agoThat’s vastly different from a direct price control, in both intent and effect. I’d love to pass lots more taxes but with the current House that’s completely impossible
Price controls are an extremely radical concept, themselves. Last thing this economy needs is further distortion.
The sucky thing about inflation is you have to run through it like an illness.
Windfall taxes. Let them share their gains, that’s the whole point of taxes since society don’t work otherwise.
That’s vastly different from a direct price control, in both intent and effect.
I’d love to pass lots more taxes but with the current House that’s completely impossible