Sunday, August 25, 2024

Bad Plan

Democrats aren't too thrilled about Kamala Harris's price control plan:
Central to the plan is a call for congress to pass the first-ever federal price gouging ban on food and grocery stores – mirroring legislation reintroduced by Sen. Elizabeth Warren (D-MA) earlier this year, for which Warren was taken to task by CNBC‘s Joe Kernen. Now, six Congressional Democrats and five Democratic aides tell Politico that they’ve been privately telling critics that the plan isn’t viable – and is instead a messaging tactic to to divert blame over inflation from the Biden-Harris administration. Even many Democrats remain skeptical, or at least uncertain about how Harris would carry out her proposal, if elected. They’re still working on getting details, but many have left that for after the DNC. -Politico “It’s clear to me these are very general, very lofty goals,” said one of the Democratic lawmakers. “I honestly still don’t know how this would work,” said a second Democratic lawmaker.
Because it couldn't...

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