Harris Campaign Discusses Price Gouging Ban on NewsNation Now
- Lindy Li discussed the difficulties in defining 'price gouging' during a segment on 'NewsNation Now.'
- She acknowledged that inflation has been affected by global supply chain issues and that the Biden-Harris administration has worked to lower prices.
- The conversation highlighted the need for clearer definitions and regulations regarding price gouging and related practices.
During a recent broadcast of 'NewsNation Now,' Lindy Li, a surrogate for the Harris-Walz campaign and member of the National Finance Committee, discussed the challenges of defining 'price gouging.' She noted that while the situation has improved since the pandemic, inflation has been influenced by global supply chain disruptions. Li emphasized that the Biden-Harris administration has made efforts to reduce prices, but some factors are beyond their control. She highlighted the issue of 'greedflation,' where companies exploit inflation to raise prices unfairly, citing Kroger's admission of increasing prices faster than inflation. The conversation underscored the complexities surrounding price gouging and the need for clarity in addressing these economic challenges.