Watching Vice President Kamala Harris propose her “federal ban on corporate price gouging” in the food and grocery industry reminded me of an arsonist who stands next to a burning inferno, ignoring her own role in the conflagration.
In an apparent effort by Harris to run on reform as a semi-incumbent, her proposal is more about deflecting blame from her role in causing high prices than offering up a realistic solution.
The fact is that even if inflation (the rate at which prices go up) has gone down from its all-time high during the Biden-Harris administration, prices aren’t going down.
In any inflationary cycle, prices tend to be “sticky,” often prolonging economic hardship for families. The damage has been done—and a simple leveling off of the inflation rate isn’t going to undo it. Because this is more than just inflation; the high prices Americans…
