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Democratic Convention 2024 Concludes On Day 4 With Key Speeches And Policy Announcements - 24 Aug 2024

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Although details of Harris proposal remain fuzzy, it has already become a lightning rod for criticism.

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Those critics include radio show host and financial guru Dave Ramsey.

Ramsey is not the only one who has pushed back against the proposal.

Republicans who back ex-PresidentDonald Trumpin the 2024 election accuse Harris of pushing communist price controls, Politico reported.

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Even economists who might otherwise back Harris have criticized the price gouging proposal.

That includes Jason Furman, a Harvard economist who worked in the Obama administration.

Another tweet pointed out that 37 states, including Texas, already have price gouging laws on the books.

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I think people are reading too much into what has been put out there, Michigan Gov.

Gretchen Whitmer, a Democrat, told the NBC News program Meet the Press.

Meanwhile,not all economic expertsthink price controls are necessarily a bad idea in the first place.

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