Harris’s Price Cap Would Require Command Economy: Policy Expert

Kevin Hogan
By Kevin Hogan
August 30, 20242024 Elections
share

In her first joint interview with her running mate, Gov. Tim Walz, presidential candidate Vice President Kamala Harris defended shifting her position on certain policy issues, such as Medicare for all, a ban on fracking, and decriminalizing border crossings. She also highlighted her approach to what she says is price gouging by grocery retailers, with plans to implement a price cap.

According to Bart Marcois, a former presidential campaign policy adviser and a former U.S. diplomat, the price cap is a “frightening proposal,” as it would require a command economy to prevent store shelves from going empty.