Last Friday, Kamala Harris opened her mouth and almost magically raised the price of housing and food at grocery stores. She’s on record stating that high gas prices are the result of retail price gouging, and that patents should be yanked from medical industry providers.
What many don’t comprehend is that businesses react immediately when politicians suggest interfering with the normal operations of the free market. Look around you. Every building, every business, every house, every car and so on is a result of private enterprise. More specifically, all these things are the result of capital organically flowing to where it can be most productive. The supply of capital fuels all growth. Policies that favor capital formation create lower prices and more innovation. There would be no government without its access to the wealth generated from private enterprise, as there would be nothing to tax and no purchasers to buy federal bonds.
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