Rich Zeoli

Even Democrats Denounce Kamala’s Price Gouging Policy

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The Rich Zeoli Show- Hour 2: 4:05pm- Times Demand Serious Economic Ideas: In response to Kamala Harris’s announced “price gouging” policy proposal, The Washington Post editorial board writes: “Vice President Kamala Harris’s speech Friday was an opportunity to get specific with voters about how a Harris presidency would manage an economy that many feel is not working well for them. Unfortunately, instead of delivering a substantial plan, she squandered the moment on populist gimmicks…Ms. Harris says she’ll target companies that make ‘excessive’ profits, whatever that means. (It’s hard to see how groceries, a notoriously low-margin business, would qualify.) Thankfully, this gambit by Ms. Harris has been met with almost instant skepticism, with many critics citing President Richard M. Nixon’s failed price controls from the 1970s. Whether the Harris proposal wins over voters remains to be seen, but if sound economic analysis still matters, it won’t.” You can read the full editorial here: https://www.washingtonpos