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.


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.

E-Bikes on Open Space Trails: Yes or No?
By Sherry Listgarten | 17 comments | 5,030 views

Gifts and Belongings
By Chandrama Anderson | 2 comments | 2,078 views

Mountain View's Castro Street opens up for an eat-and-greet to rally support for businesses
By The Peninsula Foodist | 0 comments | 1,976 views

The questionable morality of abortion
By Diana Diamond | 7 comments | 1,791 views

Idaho Hot Springs and Yellowstone – Travelin’ Solo
By Laura Stec | 0 comments | 999 views