Shark-infested waters...

 There's been a lot of rhetoric lately about the inclinations of the Democratic Party. Specifically the behavior of some of the candidates. The leftists, liberals, socialists, and lately they're even being tagged as Communists. Inflation and high prices are in the forefront and Kackala has proposed government regulated price controls to get inflation under control. To make food, groceries and necessities more affordable for everyone. She has accused grocery suppliers as profiteering and price gouging. Hell, she's accused corporations in general of price gouging, just like Biden did. 

So, is the government regulating prices a good idea? Is that a viable solution to the inflation problem? Is swimming in shark-infested waters a good idea? Not unless you're suicidal and want to go out in the worst way possible. As a Washington Post correspondent recently wrote, if your opponent is calling you a communist it's best not to validate the label. One would think that any reasonable person with even a basic education would surmise that government price controls would not solve nor even deter inflation. In fact, it could even have the opposite effect. Defining price gouging is a task open to a broad spectrum of interpretation. Even in the absence of a disaster or national emergency. A basic understanding of economics will reveal that price gouging did not cause inflation. Massive government spending and handouts put too many dollars chasing fewer goods and services caused by supply chain disruptions during the pandemic. Increasing government regulations since has exacerbated the problem. Corporate greed isn't the problem, they are in fact the ones who went to work solving the supply chain problems, which would lower prices. The government made no contribution to solving the supply chain crisis. What they did was continue to pump borrowed money into the economy which had the effect of fanning the flames of inflation. The effects of this are still being felt today, two to three years since the pandemic. Instituting price controls would be tantamount to mirroring how things are done under the auspices of the Chinese Communist Party. Since taking control of the CCP there has been major movements in government control of business in China. The shift shows how China’s top leader, Xi Jinping, has remade private business, bringing it firmly under government and Chinese Communist Party control. Officials have forced successful companies off the public stock markets, jailed entrepreneurs and abruptly barred booming industries from making profits. Is this the direction we want to go? Do we really want to follow China's example? What's next after price controls, taking control of the production of goods and services? Exactly what China is doing (and Russia...). Deciding who succeeds and who does not.,. Do we really want to swim in these waters?...