Food prices have surged by more than 20% under the Biden-Harris administration, leaving many voters eager to stretch their dollars further at the grocery store.
On Friday, Vice President Kamala Harris said she has a solution: a federal ban on price gouging across the food industry.
“My plan will include new penalties for opportunistic companies that exploit crises and break the rules,” Harris said at a campaign event.
There’s just one issue: Harris’ proposal could create more problems than the one it’s trying to solve, some economists say.
Gavin Roberts studied anti-price gouging laws some states passed during
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