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Harris Scales Back Harmful Price Control Proposal

4 1
01.10.2024

Kamala Harris

Ilya Somin | 9.30.2024 4:56 PM

Several weeks ago, in an article in The Hill, I outlined how both Donald Trump and Kamala Harris have put forward harmful economic policies that exploit widespread voter ignorance. One of the Harris policies I highlighted was a proposal for price controls on groceries. It's therefore only fair that I acknowledge she has since scaled back that proposal.

As originally described, Harris' proposal seemed to be a plan for broad, nationwide controls on grocery prices. The new version put out by her policy team, is still bad, but much less so than before. Michael Strain of the conservative National Review (which is not generally sympathetic to Harris) has the details:

There has been a great deal of confusion around Vice President Harris's plans to combat "price gouging." Last month, her campaign announced that, if elected, the vice president would push for "the first-ever federal ban on price gouging on food and groceries — setting clear rules of the road to make clear that big corporations can't unfairly exploit consumers to run up excessive corporate profits on food and groceries…."

This vague language —........

© Reason.com


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