I haven't been listening to the speeches at the DNC. I just can't bring myself to it. I don't listen to the speeches at the RNC either. All politicians come from the same mold. I really don't want to hear their promises. Regardless of their party affiliation I quickly grow tired of them telling me what they are going to do. I'd listen closer if they were asking me what I wanted them to do. But the truth is there are only going to say whatever the pollsters tell them they should be saying. That's one of the problems with Trump, he just goes off script way too often. As a result, he steps on toes and hurts people's feelings.
I did hear just a bit about Kamala and her plan to stop price gouging. Just how she plans on doing that I haven't heard nearly as much about. If she intends to set prices, that has already been tired in other nations, communist nations. It didn't work there, and it won't work here. Can we really establish the maximum profit margin you are allowed to make? I'm only allowed to charge "X" amount for goods and services. I'm a firm believer in you get what you pay for. I can buy those cheap Chinese goods but that's what I'm getting, cheap Chinese goods. Is not the objective in business to provide the customers with the best possible product at the lowest price? If I can only charge so much that will certainly limit the degree of quality. To sell cheaply you have to cut production costs. You don't need a degree in business to understand that much.
We have all heard about the program that pays farmers to grow certain crops. It has had several different names over the years. In its' original form the Agricultural Adjustment Act proposed by FDR as a part of the new deal was ruled unconstitutional by the supreme court. The government could not impose a special tax on food processors. It took another five years, but the act was rewritten, renamed and passed through the legislature. Portions of it continue until this day. Billions of dollars go to farmers to grow certain crops and to not grow others under the guise of soil conservation. Yes, the Democrats were saving the planet as far back as 1938. If you are now also going to tell those farmers how much they can charge for their crops where is that revenue going to come from? You can't tax the food processors. Only one person left to tax, you, the taxpayer. Yeah, a loaf of bread might be ten cents cheaper, but your taxes will be fifteen cents more.
You see I didn't need to listen to hours of speeches and praising each other on the amazing advances the parties have made. like I said, either party. All I really need to do is go to the grocery store or buy some other commodities or services. The bottom line is always in dollars and cents. You are not going to grow the economy by limiting how much a person is allowed to make. The purpose of government isn't to strangle the manufacture or production of goods and then limit how much profit a business can make. We live in a free market society. The prices are based on supply and demand. The government should not limit supply. That's what the original Agricultural Adjustment Act attempted to do. If the Democrats get their way that is what is going to happen. If I'm the supplier and I can only make a set amount of profit on my product, I'm going to make less of that product. By making less the price will rise.
It's a question I have asked many times. How much money is too much? What is the threshold? If I can only make a profit of say 6% how much money can I make in total? Is a million dollars the limit, two million? Can an artist only charge so much for their work? How much is a mechanic allowed to charge? Just who gets to decide on that? Is that the function of government. No, the function of government is to regulate commerce to provide an equal playing field. The government doesn't get to tell me how many "points" I get to score in the game. I just have to play by the rules of the game. In other words, the government has no business telling me how much money I can make.
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