{"id":134896,"date":"2024-10-25T07:40:12","date_gmt":"2024-10-25T04:40:12","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/would-harriss-price-gouging-plan-really-help-us-consumers\/"},"modified":"2024-10-25T07:40:12","modified_gmt":"2024-10-25T04:40:12","slug":"would-harriss-price-gouging-plan-really-help-us-consumers","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/en\/news\/would-harriss-price-gouging-plan-really-help-us-consumers\/","title":{"rendered":"Would Harris\u2019s price gouging plan really help US consumers?"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\" method=\"post\" data-trp-original-action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button\" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/en\/wp-json\/wp\/v2\/posts\/134896\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\n<p>When Kamala Harris was asked on Wednesday what she would do to help an undecided voter worried about the price of groceries, she said she would introduce a national ban on price gouging. Her plan, she told an audience in Pennsylvania, would \u201cstop companies taking advantage of the desperation and need of the American consumer and jacking up prices without any consequences\u201d. The proposed ban &#8211; one of her key economic policies &#8211; would apply during &#8220;times of crisis&#8221;. But would it really bring down prices for consumers? And could it even prove potentially counterproductive?<\/p>\n<p>Rising prices have been a key concern for Americans in recent years and polls suggest a majority of Americans feel worse off than they did four years ago. In April 2024, the share of Americans naming the high cost of living as the most important financial problem facing their family reached 41%, the highest since 2005. Overall inflation peaked at 9.1% in the year to June 2022, rates not seen in four decades. And food inflation peaked even higher, reaching 11.4% in the year to August 2022. Both are now back below 3%, though average US food prices are still around 27% higher than at the end of 2019.<\/p>\n<p>Inflation has been a global problem, but some economists argue that the economic stimulus policies of the Biden-Harris administration contributed to this spike in US prices, making inflation an issue on which she is keen to reassure voters. There have also been claims that some corporate retailers took the coronavirus pandemic in 2020 &#8211; when supply chains were disrupted and people&#8217;s lives and shopping habits severely impacted by lockdowns &#8211; as an opportunity to increase their prices and profit margins.<\/p>\n<p>This phenomenon has been dubbed by some as \u201cgreedflation\u201d and forms the economic justification for Harris\u2019s price gouging ban.Donald Trump has compared her plan to \u201ccommunist price control\u201d and \u201clike something straight out of Venezuela or the Soviet Union.\u201d<\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.bbc.com\/news\/articles\/czxv65245kgo\">BBC<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/csr-news-en\/would-harriss-price-gouging-plan-really-help-us-consumers\/\">Would Harris\u2019s price gouging plan really help US consumers?<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[1324,555,6780,574],"class_list":["post-134896","post","type-post","status-publish","format-standard","hentry","category-news","tag-consumer","tag-csr-news-en","tag-harris","tag-us"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/134896","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/comments?post=134896"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/134896\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/media?parent=134896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/categories?post=134896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/tags?post=134896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}