JD Vance finally admits what Trump’s big plan to lower food prices is | The plan is no plan.
da_cow (she/her) @ cows_are_underrated @feddit.org Posts 16Comments 669Joined 1 yr. ago

da_cow (she/her) @ cows_are_underrated @feddit.org
Posts
16
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669
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1 yr. ago
There are only 3 ways to lower(that came to my mind) prices in a quick way.
1: Abandon regulations. If corporations don't have to invest into safety, ecology and such stuff they have lower production costs which can mean lower prices.
2: More competition. If corporations have to compete with each other they usually start a battle over who gets the best quality for the lowest price.
3: Subsidies. Nothing to say here I guess.
Edit: Point one and three lower production costs. As others have already pointed out, these dont mean lower prices, but more profit for companys