Source: Town Hall
by Larry Elder
“Price controls remain bad policy, whether proposed by people we like or do not like, Democrats or Republicans, Vice President Kamala Harris or former President Donald Trump. Harris blames the inflation triggered by the irresponsible Biden-Harris government spending on ‘corporate greed’. Without evidence, she accuses grocery stores of ripping off helpless consumers by jacking up prices. Biden accuses the makers of the Snickers candy bar of committing ‘shrinkflation’ by charging the same price for a package but downsizing its contents. Biden said: ‘The snack companies think you won’t notice if they change the size of the bag and put a hell of a lot fewer — same size bag — put fewer chips in it. You get charged the same amount and you got about 10% fewer Snickers in it’. In response, Snickers parent company Mars said, ‘We have not reduced the size of Snickers singles or share size in the U.S.'” (09/26/24)