Jerry Bowyer: Kamala Harris and the Road to Serfdom

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The Kamala Harris economic agenda is astonishingly bad. She wants to use the coercive power of government to impose price controls on things like food prices.

Twenty centuries of wage and price controls all tell the same story: price controls lead to shortages. When big government causes inflation, more big government is not the answer. Hayek called this the road to serfdom.

Government intervention into the market causes a crisis. Instead of rolling back the government intervention, authoritarian government intervenes again, causing a new crisis, and then more intervention to try to fix that.

And on and on it goes… Until we become serfs serving our government masters. Or until we wake up and realize the problem is government control over our lives.

Harris’ plan represents something far worse than the usual stagnation of Carter, or Obama: It represents possible food shortages. Whatever joy or happy vibes her media machine throws at you, please remember that the iron laws of economics are more powerful than vibes.

Vote accordingly.

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