Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Execs Throw MAJOR Tantrum Over Harris Policy
Posted
August 21, 2024
Views
46,921
Likes
1,806
Comments
593
Engagement
5.11%
August 21, 2024
46,921
1,806
593
5.11%
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16:18Now PlayingVice President Kamala Harris is facing backlash from CEO's' over her promise to ban pricegouging. Cenk Uygur and Ana Kasparian discuss on The Young Turks. Your Support is Crucial to the Show
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"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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