Town Square

Post a New Topic

Governor signs order to prohibit price gouging on at-home COVID tests

Original post made on Jan 11, 2022

Gov. Gavin Newsom signed an executive order this weekend aimed at preventing price gouging on COVID-19 at-home test kits, which are in high demand due to the omicron variant surge.

Read the full story here Web Link posted Monday, January 10, 2022, 1:57 PM

Comments (1)

Posted by Joseph E. Davis
a resident of Woodside: Emerald Hills
on Jan 11, 2022 at 1:44 pm

Joseph E. Davis is a registered user.

This is completely counter-productive as anyone who studies economics will tell you. The correct response to shortages is to raise prices and induce more supply, not limit prices which results in the empty shelves we are seeing.

An empty shelf almost always means that prices are too low.


Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.

Email:


Post a comment

Sorry, but further commenting on this topic has been closed.

Stay informed.

Get the day's top headlines from Almanac Online sent to your inbox in the Express newsletter.

What to do if you get a noisy Rheem/Ruud heat pump water heater
By Sherry Listgarten | 15 comments | 4,413 views

Do Palo Alto city officials ever, ever have enough money?
By Diana Diamond | 45 comments | 3,266 views

Beverly Hills' hit restaurant Mírame completes the lineup at Menlo Park’s Springline
By The Peninsula Foodist | 2 comments | 2,453 views

Don't Wait Till Your Child is 42 to Say "I'm Proud of You."
By Chandrama Anderson | 6 comments | 2,357 views

Travelin’ Solo: Salvation Mountain and East Jesus
By Laura Stec | 0 comments | 1,492 views