Harris's Economic Ideas Are a Disaster: Economists Agree

The world reacts to Vice President Kamala Harris's economic plan and price controls proposal. It isn’t good. Most economists agree that fixing prices in the name of “price gouging” would be an unmitigated disaster for the US economy. An economy that has already been weakened by wanton abuse of economic powers. History tells us that in almost every situation throughout civilization any appreciable long-term price controls lead to serious deleterious economic and social impacts. Including but not limited to: Shortages, black markets, inferior products, and rationing. In short, if you want to really mess up this economy like it has never been messed up before let the government mess with things it has no business regulating. This is a common theme these days.

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