Vice President Kamala Harris admitted on Friday that grocery prices were lower under former President Donald Trump than under the Biden-Harris administration.
Speaking to supporters in Raleigh, North Carolina, Harris addressed the rising costs of groceries and unrolled a proposal to control food prices similar to tactics used by the Soviet Union that led to massive food shortages. While making the case for the federal government to get involved in regulating food prices, Harris acknowledged that the cost of a loaf of bread is up 50% compared to “before the pandemic” — when Trump was in office.
“As president, I will take on the high costs that matter most to most Americans like the cost of food,” Harris said. “We all know that prices went up during the pandemic when the supply chains shut down and failed, but our supply chains have now improved, and prices are still too high. A loaf of bread costs 50% more today than it did before the pandemic. Ground beef is up almost 50%.”
Kamala Harris says she will get prices back to what they were under Trump: pic.twitter.com/xjv1JSv8l8
— End Wokeness (@EndWokeness) August 16, 2024
Along with bread and ground beef, dairy products such as milk, cheese, and butter have also jumped more than 30% in price since 2020, according to Yahoo Finance. Eggs are up 54% and cereal has gone up 28% on average across the country.
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Harris promised during her event on Friday that she “will go after the bad actors and … work to pass the first-ever federal ban on price gouging on food.”
“My plan will include new penalties for opportunistic companies that exploit crises and break the rules, and we will support smaller food businesses that are trying to play by the rules and get ahead,” she added.
NEW: Kamala Harris openly brags about her price control policy that was called “communist” by the Washington Post.
“I will go after the bad actors and I will work to pass the first ever federal ban on price gouging on food.”
“My plan will include new penalties for opportunistic… pic.twitter.com/1z0q7wiZIe
— Collin Rugg (@CollinRugg) August 16, 2024
Trump blasted Harris’ “communist” food price control plan on Thursday, saying during a press conference, “Now Kamala is reportedly proposing communist price controls, she wants price controls. And if they worked, I’d go along with it, too, but they don’t work. They actually have the exact opposite impact and effect and it leads to food shortages, rationing, hunger, dramatically more inflation.”
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Even the leftist Washington Post ran an op-ed by Catherine Rampell that blasted Harris for proposing the plan, writing, “It’s hard to exaggerate how bad this policy is. It is, in all but name, a sweeping set of government-enforced price controls across every industry, not only food. Supply and demand would no longer determine prices or profit levels. Far-off Washington bureaucrats would. The FTC would be able to tell, say, a Kroger in Ohio the acceptable price it can charge for milk.”
“At best, this would lead to shortages, black markets and hoarding, among other distortions seen previous times countries tried to limit price growth by fiat,” Rampell added. “(There’s a reason narrower ‘price gouging’ laws that exist in some U.S. states are rarely invoked.) At worst, it might accidentally raise prices.”
