Dems Scramble To Walk Back Harris’ Price Control Scheme

Democrats are in damage control mode after Kamala Harris’ communist price control scheme received a harsh rebuke – including from the Washington Post, which characterized it as “populist gimmicks.”

Facing pressure to defend the plan, Democratic lawmakers are downplaying it as a pipe dream that has no chance of passing Congress, Politico reports.

The plan, unveiled as part of Harris’ first big economic policy speech, has become a focal talking point for Donald Trump and allies, who continue to frame it as “communist price controls.” Meanwhile, food industry officials and some left-of-center economists have warned that price controls could be detrimental, according to the report.

Central to the plan is a call for congress to pass the first-ever federal price gouging ban on food and grocery stores – mirroring legislation reintroduced by Sen. Elizabeth Warren (D-MA) earlier this year, for which Warren was taken to task by CNBC‘s Joe Kernen.

CNBC Host Becomes Distraught After Elizabeth Warren Talks Past His Argument Against Her Price Gouging Position pic.twitter.com/Z8IHsLtVlD

— Daily Caller (@DailyCaller) August 23, 2024

Now, six Congressional Democrats and five Democratic aides tell Politico that they’ve been privately telling critics that the plan isn’t viable – and is instead a messaging tactic to to divert blame over inflation from the Biden-Harris administration.

Even many Democrats remain skeptical, or at least uncertain about how Harris would carry out her proposal, if elected. They’re still working on getting details, but many have left that for after the DNC. -Politico

“It’s clear to me these are very general, very lofty goals,” said one of the Democratic lawmakers.

“I honestly still don’t know how this would work,”

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