Price Problems

A former Obama economist isn't a fan of Harris's price controls:

"This is not sensible policy, and I think the biggest hope is that it ends up being a lot of rhetoric and no reality," Jason Furman told The New York Times. "There’s no upside here, and there is some downside." Furman, the former National Economic Council chair under Obama, also told the paper that Harris' policies are risky because they deter new businesses from entering the market to satisfy consumer demand. The proposal is essentially Soviet-style price controls disguised as a federal ban on price-gouging. It aims to achieve two objectives: shifting the blame for inflation away from the Biden-Harris administration's economic policies and onto corporate greed, while also trying to convince the public that Harris has the solution to solve the problem.

Harris isn't the solution, she is the problem...