Yes, we all know the media class is awful, and this isn’t anything particularly new - but the reporting around the price gouging proposal is some of the worst I have ever seen. NYT, CNN all completely blowing the proportions of what the bill does completely out of the water.
The proposal would not affect the current record high grocery prices at all - it only prevents gouging during or immediately after a national disaster. So if there were another nation wide pandemic - the proposal would come into play.
37/50 states or something like that already have similar laws on the book - and yet you have economists out here acting like this will single highhandedly tank the economy, when it isn’t likely to affect anything very much in our entire lifetimes.
I feel like I’m taking crazy pills from both ends. The bill itsself is basically a nothing burger and I was really disappointed when I looked into it - the media’s response to it makes zero sense except in the context of class war for class war’s sake.
I kinda feel like Kamala’s team are purposefully announcing policies that sound progressive but don’t actually do anything on purpose. I hate this shit. I hate the media. I hate dems.
The conflict between the media and the Democratic party is one in which the Democrats have to overstate the actual effects of the policies they want to implement to appeal to the masses while the media doesn’t want the masses to get too hopeful about things like price controls or abolishing student debt because then the people might start to demand things.