Liberal economic columnist for The Washington Post Catherine Rampell bashed Vice President Kamala Harris’ economic plan in a Friday appearance on CNN.
A liberal economic columnist criticized Vice President Kamala Harris’ proposal to control prices on food and groceries as «totally unworkable» and compared it to failed efforts by communist governments.
«It‘s not going to be markets, it‘s not going to be supply and demand that’s determining how much your grocery store charges you for milk or for eggs, it‘s going to be some bureaucrat in D.C., which seems like totally unworkable», Catherine Rampell said on CNN on Friday.
Rampell, a columnist for the and a CNN economics and political commentator, argued the plan was «bad» for various reasons, from practicality to effectiveness.
«Well, first of all, nobody can explain what price gouging means», she said on CNN, saying the idea of «excessive» prices or profit margins is subjective and thus «very hard to pin down what this would actually mean.»
She also blasted Democratic legislation that would «likely be the template» for Harris’ policy proposal as «especially bad.
