Even the left-wing media isn't on board with Vice President Kamala Harris' plan to enact price controls on groceries.
The Washington Post, owned by billionaire Jeff Bezos, excoriated Harris in an editorial, taking the Democrat presidential nominee to task for claiming price gouging is fueling inflation. Rather than offering a plan to fix it, the Post said, she offered "populist gimmicks" during a campaign speech Friday.
The editorial board said one way to address inflation would be to "level with voters, telling them that inflation spiked in 2021 mainly because the pandemic snarled supply chains, and that the Federal Reserve's policies, which the Biden-Harris administration supported, are working to slow it."
Instead, the Post wrote, Harris chose to blame big business and "price gouging" by grocery stores, landlords, pharmaceutical companies, "and other supposed corporate perpetrators."
"Whether the Harris proposal wins over voters remains to be seen, but if sound economic analysis still matters, it won't," the board wrote.
The board said Harris' speech Friday "ranks as a disappointment," even if it can be chalked up to "the pandering standards of campaign economics."
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