Lars Larson: We gotta talk about price controls

By Lars Larson
NW and national radio host,

The Northwest Nonsense

Kamala Harris has a plan for America’s economy and put simply: it’s Communist.

I know some of you find that harsh, but let’s take Kamala at her word.

Should she somehow end up in the Oval office, she promises executive orders in the first 100 days to slap down price controls on virtually everything: food, fuel and rent.

President Richard Nixon tried that 53 years ago and both republicans and democrats agree…it was an unmitigated disaster.

Fact is, if you look at inflation the last 3 years, consumer prices went up at the same rate as producer prices.

If the meat packers have bigger expenses they pass them on to your local grocery store and your lunch meat costs more at the deli. That’s econ 101 but I suspect Kamala may have skipped that class in college.

Even the uber liberal Washington Post had this comment: “When your opponent calls you ‘communist,’ maybe don’t propose price controls?

30 years ago, I did a week of TV news stories in the former Soviet Union.

I saw Grocery stores literally empty. Prices were low but literally nothing was for sale. I also visited black market, free market, public markets and there was plenty to buy.

If you don’t mind that happening, you’re gonna love Kamala’s price controls.

If you like to eat, you’re gonna want to send her to the unemployment line.

That’s the Rose City Rap.