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Vice President Kamala Harris’ proposal to combat grocery inflation hasn’t elicited a range of opinions from economists, and many have turned to history to dispute her idea.Last week, the Democratic presidential nominee unveiled early details of her economic platform, which included a pledge to ban grocery price gouging. The plan has elicited a range of responses from experts and economists, with some deriding it as an unnecessary overstep by the government to address a problem that is not at the heart of the inflation dilemma.
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“I hope she walks this one back. She had some good ideas, some mixed ideas,” Harvard professor Kenneth Rogoff told CNN. “This was a horrible idea.”Rogoff’s position was based on doubts about whether retailers were to blame for the wave of inflation that has weighed on Americans’ spending power in the last two years.
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