This is the Kato Daily Podcast for Thursday, August 29th, 2024.

I'm Caleb Brown.

Assume for a moment that the still largely opaque plan to crack down on so-called

corporate price gouging by the Kamala Harris presidential campaign is more than

mere posturing. How would a plan like that work? What would be the likely impact on everyday consumers of

groceries which is just about everyone?

Kato's Scott Linscomb comments.

Scott I want to say that we're talking about price controls, but I'm told with absolute

bald-faced certainty by some groups that no no no no this is not price controls this is

attacking certain as yet unspecified rises in prices for groceries at chain grocery stores.

And as of now, we don't know anything about it, really.

Yeah.

Well, there's two big problems with that, and you hit on the, I think the biggest one, is we don't know what the heck this is because the Harris campaign issued a fact sheet to a bunch of journalists and then her speech kind of just passed over it quickly and they

have utterly refused to provide additional details in writing publicly on her

campaign website or elsewhere on what she actually means by going

after corporate price gouging in the grocery sector. So and now political

hilariously reports that

the congressional Democrats are reassuring folks that are worried that these are price controls, that don't worry.

It's just talk and none of this is ever going to become law.

So, you know, as a policy analyst,

as someone who, as the name indicates, analyzes policy,

it's very difficult when you have a couple lines

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