Congressman Ry on Grocery Prices and Price Controls

Ohio Congressman Michael Ry, a grocery store owner, criticizes the Biden-Harris Administration's rhetoric on price controls amid rising inflation. Ry argues that price controls do not work and draw parallels to economic failures in countries like Venezuela and Cuba, warning that they would lead to a shortage of goods in stores. He emphasizes the importance of considering production costs, such as fuel and labor, which are driven higher by current green policies. Ry highlights how the proposed economic policies disregard the ramifications on American businesses and the livelihoods of ordinary citizens. During a discussion, he conveys that businesses cannot operate at a loss and cautions that enforced price freezes could lead to drastic reductions in available products. Ultimately, he calls for a better understanding of economic principles and protection of consumer choice in grocery stores, urging that the American public must be informed about these repercussions. The conversation also referenced comments from former President Trump criticizing the current administration for its economic policies, reinforcing the need for change to alleviate inflation and make life affordable again in the U.S.