Rep. Michael Rulli (R-OH), who owns a food business, said Vice President Kamala Harris’s plan to prevent “price-gouging” in the food industry had fail by creating shortages and causing food stores to camera.
Rulli, who owns the Rulli Bros. Markets, based in Youngstown, Ohio, along with his sons, spoke to the Washington Examiner about Harris’s strategy Tuesday. During an appointment, Rulli said Harris’s program is “reckless” and may lead to pain for customers, calling it “dangerous language” from the Democratic presidential nomination.
” It’s almost like Kamalaism, it’s like socialism with her bend to it”, Rulli said. She is going to change this area into Cuba, Venezuela, and every other third-world country that you can think of, and this is how she is going to do it.
Harris rolled out the cost cutting strategy, her first new monetary policy plan, earlier this month. Harris ‘ campaign made it known that he would try to pass the “first-ever federal ban on corporate price-gouging” ( PubHub ).
Rulli, 55, was first elected to represent Ohio’s 6th Congressional District this year after Rep. Bill Johnson (R-OH) resigned to acquire a position as president of Youngstown State University.
Rulli, whose grocery shops employ around 200 people and have been in the home for over 100 years, said deployment of Harris’s plan would be fatal for retailers and consumers. He noted that grocery stores operate on wire-thin gain profits, unlike other industries, and that many of Ohio’s food stores have already shut down because it’s difficult to do so.
Rep. Michael Rulli (R-OH) at one of his food stores. ( Photo courtesy of the Rulli campaign )
He said Harris’s schedule, if implemented, may lead to scarcity.
For example, Rulli claimed that Tide wash recently received a$ 5.99 special in his stores, and that keeping it on racks would get prohibitive after a month or two if Proctor and Gamble were to ask the government to stop selling it.
He said, later, the price of cheap, oil, vehicles, and other sources will start increasing and Proctor and Gamble would have to spend more than$ 5.99 to create Tide.
Why in the world would they ever make a product that they’re going to lose money on if it goes up to$ 6.29? They will quite simply choose not to produce that product”, Rulli said.
Rulli said, right now, his food has on 38, 000 Stock, which are unique code to observe different products in a business. He argued that if Harris’s plan is implemented, the number of unique items on his bookshelves did fall dramatically. That would leave consumers with fewer choices when choosing between the applicable paper towel brands and the pasta brand they can get.
Rulli said,” What she’s gonna do is control what you can get, and she’s gonna kill the wonderful quality and standard of living that we have in the country for the ordinary man that she is proclaiming to love.” ” It’s pure insanity”.
Given that everyone has a meal, inflation’s impact on prices of groceries is one of its most glaring. The consumer price index shows that although they have only increased by 1.1 % since last year, they have increased by a whopping 21 % since President Joe Biden took the oath of office in January 2021.
But Harris’s proposal, which is still somewhat vague, has little chance of passing in Congress. Even if Democrats win control of Congress, several Democratic lawmakers told Politico that such a resolution has no chance of passing.
Ryan Young, a senior economist at the Competitive Enterprise Institute, recently told the Washington Examiner that he believes that the proposal was motivated by election-year politics and that he has compared it to other proposals being discussed, such as that of former US President Donald Trump, who suggested a new, uniform tariff regime.
CLICK HERE TO ACCESS MORE FROM THE WASHINGTON EXAMINER
” It’s posturing”, he said.
Harris’s campaign has been criticized for its relative lack of clear policy positions. Although more details about her economic agenda are still awaited, the Harris campaign recently stated that she backed the tax policies in Biden’s fiscal 2025 budget that favor the wealthy and large corporations.
