Results for: Price Controls

Personal finance expert Dave Ramsey criticized Vice President Kamala Harris’s economic plan, arguing that its focus on price controls and government intervention is doomed to fail based on historical precedent. He pointed to the 1970s, when similar measures proved ineffective in curbing inflation. Ramsey advocates for a free market approach, emphasizing the importance of increasing supply to address rising prices.

A Chicago grocery store owner has expressed skepticism about Vice President Kamala Harris’ proposed price controls on groceries, arguing that they would be ineffective and potentially harmful. He believes that rising prices are driven by complex factors, including increased labor costs and supply chain disruptions, and that price controls would only exacerbate these issues.