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Execs Throw MAJOR Tantrum Over Harris Policy

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Vice President Kamala Harris is facing backlash from CEO's' over her promise to ban price-gouging. Cenk Uygur and Ana Kasparian discuss on The Young Turks. Your Support is Crucial to the Show: https://go.tyt.com/jointoday

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Read more HERE: https://www.cbsnews.com/news/kamala-harris-dnc-economic-plan-price-gouging-ban-inflation/

"Democratic presidential nominee Kamala Harris is vowing to enact the first federal law against price gouging from food suppliers and grocery stores as part of her wide-ranging economic plan to bring down the cost of living. But many economists say they are skeptical the policy would lead to lower food costs for consumers.

In a speech on Friday, Harris highlighted the surging cost of groceries, which have jumped 25% since January 2020, while noting that some food companies are at the same time enjoying record profits. Certain types of foods have seen even sharper spikes, with Harris pointing out a loaf of bread is now about 50% more expensive than prior to the COVID-19 pandemic. "

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240820__TA01FoodIndustry
Category
Europe
Tags
240820__TA01FoodIndustry, News, Politics
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