‘Bad Case Sce­nario’: For­mer Oba­ma Econ­o­mist Slams Kamala Har­ris’ Plan For Nation­wide ‘Price Con­trols’

For­mer Pres­i­dent Barack Obama’s top econ­o­mist joined the cho­rus of experts cri­tiquing Vice Pres­i­dent Kamala Har­ris’ pro­posed plan to low­er costs for hous­ing and gro­ceries, accord­ing to The Wash­ing­ton Post Fri­day.

Jason Fur­man, for­mer deputy direc­tor of the Nation­al Eco­nom­ic Coun­cil under Oba­ma, expressed his con­cerns on Har­ris’ pro­pos­al to fine com­pa­nies that prac­tice “price goug­ing” on food and gro­ceries, warn­ing of the neg­a­tive eco­nom­ic effects of the pol­i­cy due to the apparen …