Kamala Harris's plan to lower food prices has gained attention in the final days of the election, with numerous interviews and town hall events addressing the issue. She attributes the high cost of groceries to corporate price gouging and promises to take federal action to control food prices. However, Harris has not specified which corporations she believes are engaging in this practice. Many economists have criticized her plan, noting that grocery store profit margins are already very low. So, what is the real reason grocery prices remain high despite a decrease in core inflation from a peak of 9 percent? Additionally, how effective has Harris's approach been in controlling prices in past efforts at the federal level? Join the conversation and get answers to these questions and more on According2Sam episode #258.
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'Price Gouge'
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'Price Gouge'
According2Sam #258
Oct 25, 2024
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'Price Gouge'