Kamala Harris's 'Soviet-style' grocery price plan has 'no upside' and will likely spark worst shortages since 1970s - economists | 16 Aug 2024 | There’s "no upside" to Kamala Harris's "Soviet-style" plan to federally set grocery prices, which she is due to unveil Friday afternoon at a rally in North Carolina -- and it would likely lead to the worst supply shortages since the 1970s, economists told The Post. The Harris campaign announced Friday that the Democratic presidential nominee would push for “the first-ever federal ban on price gouging on food and groceries” if she is elected in November. She would also deputize the Federal Trade Commission and state attorneys general to launch investigations into any companies that flout the centrally planned pricing diktats. The policy proposals are not only "extraordinarily vague" and addressing an "economic non-problem" but also appear to be "straight out of a five-year plan" of a Chairman Mao or Joseph Stalin-like figure, economists told The Post.