Harris blames corporate greed for high prices, but some economists disagree
Vice President Kamala Harris plans to unveil a first-ever federal price-fixing plan for corporations as part of a sweeping initiative intended to reduce grocery prices and other everyday expenses. "Thereβs a big difference between fair pricing in competitive markets and excessive prices unrelated to the costs of doing business," the Harris campaign said in a statement. "Americans can see that difference in their grocery bills." The Democratic presidential nominee will detail the proposal further during a speech in North Carolina today. Yet some economists have cast doubt on whether corporations...
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