Kamala Harris’ plan to lower food prices ripped to shreds by Republicans, economists: ‘Economic lunacy’
Story by Victor Nava • 8h
Vice President Kamala Harris’ plan to grant the federal government expansive new authority to control food and grocery prices was roundly criticized Thursday by several Republicans and economists, who argued that it was “big government on steroids” and “economic lunacy.”
The 59-year-old Democratic presidential nominee’s economic agenda calls for the “first-ever federal ban on price gouging on food and groceries” to be implemented within her first 100 days as president in order to “bring down Americans’ grocery costs and keep inflation in check,” according to the Harris campaign, which released details of the plan ahead of Friday’s official unveiling.
Sen. Rick Scott (R-Fla.), who hopes to succeed Senate Minority Leader Mitch McConnell (R-Ky.) as the top Republican in the upper chamber next year, argued that if the plan seeks to tackle inflation, it completely misses the mark.
“Tomorrow, VP Harris, a person who has never built a business, doesn’t understand profit and loss, has never met payrolls, and who has never competed in a consumer market, is going to propose federal price controls. That should terrify every American,” he wrote on X.
https://www.msn.com/en-us/news/politics/kamala-harris-plan-to-lower-food-prices-ripped-to-shreds-by-republicans-economists-economic-lunacy/ar-AA1oSJAv?ocid=msedgdhp&pc=HCTS&cvid=b3a22c76ce104bd38d48078c63816fb0&ei=34
