Vice President Kamala Harris’s new proposal to prevent “price-gouging” in the food industry is drawing criticism from some economists who say it is an election-year stunt meant to address her vulnerability on the topic of inflation — one that, if implemented, would backfire and cause shortages.
In its first major economic policy rollout, the Harris campaign announced Thursday that in order to target food inflation at the grocery store, Harris would try to enact the “first-ever federal ban on corporate price-gouging.”