Vice President Kamala Harris on Friday is expected to call for a federal ban on price gouging to lower grocery prices and everyday costs for Americans in her first economic policy speech in Raleigh, North Carolina.
Who is going to be in charge of deciding how much profit a person can make?
Ever seen this on a menu?
LOBSTER--------Market price
So a restaurant can determine how much to adjust the price due to cost, but the cost of Cheerio's will be set by Kamala.
Her and her boss caused the prices to rise, they have accused producers of price gouging and shrinkflation, and now she wants to determine the amount of profit to be made.