Top House Democrat Supports Harris’ Price Control Plan That Experts Warning Will Be A Disaster
House Minority Leader Hakeem Jeffries (D-NY) signaled over the weekend that he supports Democratic presidential nominee Vice President Kamala Harris’ price control policies despite numerous economists warning that it would be a disaster. Jeffries made the remarks during a Sunday interview with Jake Tapper on CNN’s “State of the Union” when asked about her plan ...
House Minority Leader Hakeem Jeffries (D-NY) signaled over the weekend that he supports Democratic presidential nominee Vice President Kamala Harris’ price control policies despite numerous economists warning that it would be a disaster.
Jeffries made the remarks during a Sunday interview with Jake Tapper on CNN’s “State of the Union” when asked about her plan to blame businesses for the inflation that the Biden-Harris administration caused and penalize them by implementing price controls.
Tapper said: “Jason Furman, who was the top economist for President Obama, said that her plan is not a good idea, quote, ‘The good case scenario is, price gouging is a message, not a reality. The bad case scenario is that this is a real proposal. You will end up with bigger shortages, less supply and ultimately risk higher prices and worse outcomes for consumers if you try to enforce this in a real way, which I don’t know if they would or wouldn’t do.'”
When asked if he supported Harris’ proposed price controls, which are the hallmark of Marxist states like the Soviet Union and Venezuela, Jeffries responded: “Kamala Harris has articulated a very important plan to make sure that we are lowering costs for everyday Americans, that we are ending price gouging throughout the country, and that, of course, we are growing the middle class and making sure that everyday Americans can get ahead.”
“So we, as House Democrats, look forward to working with Kamala Harris to drive costs down,” he claimed.
When Tapper noted that even The Washington Post Editorial Board warned that the policy would be a disaster, Jeffries shifted to blaming the Trump administration for “catastrophes” that the Biden-Harris administration inherited, which, in his mind, included the January 6, 2021, riot at the U.S. Capitol.
WATCH:
Extreme Democrat Hakeem Jeffries ENDORSES Kamala Harris’ communist price control scheme:
“Kamala Harris has articulated a very important plan.” pic.twitter.com/1jZmFtqStM
— NRCC (@NRCC) August 18, 2024
Originally Published at Daily Wire, World Net Daily, or The Blaze
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