Kamala Harris is wrong. The ‘California Way,’ not corporate greed, hikes grocery prices

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Kamala Harris’ first major policy proposal as the Democratic presidential nominee is a whopper – a proposed law outlawing “price gouging” by grocery stores.

Harris is right: we’re paying more at the grocery store these days.  According to the Federal Reserve, food prices are up about 20 percent compared to when Harris became vice president.

But when looking for a culprit for rising food prices, economists suggest Harris should look in the mirror – the Biden-Harris administration’s overspending triggered this runaway inflation . . .

But there’s more to the story as we document in our new Pacific Research Institute book. The policies that Gov. Gavin Newsom calls “the California Way,” and which are inspiring the Harris policy agenda, are a central driver of grocery prices.

Read the full article in the Orange County Register

Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.

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