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Reading: Chicago food store owner doubts Harris’s “gouging” proposal: “What precisely are we attempting to regulate?”
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Baner Club > Blog > Business > Chicago food store owner doubts Harris’s “gouging” proposal: “What precisely are we attempting to regulate?”
BusinessPoliticsUnited States

Chicago food store owner doubts Harris’s “gouging” proposal: “What precisely are we attempting to regulate?”

In the event that Vice President Harris is elected president, local food shop owners who are dealing with inflation may be subject to price restrictions to stop "price gouging.".

Last updated: 2024/08/20 at 10:34 AM
Published August 20, 2024
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Harris intends to enact federal price limits on food and other daily expenses as part of her economic agenda. The Democratic National Convention is currently taking place in Chicago, where a local grocery shop owner says he’s not sure “what we’re trying to control.”

Hristos “Chris” Dallas, the owner of the HarvesTime grocery store, told News in an interview on Monday that “the majority of the grocers that I know and associate with are very conscious of having products that we’re pricing things according to what we pay for them, not necessarily as what the market bears.”

However, this isn’t quite the case for other components that have an impact on the cost. For instance, this refrigerator, which we are standing in front of, cost me more to install a few years ago than the first store I built combined with all of the other merchandise,” Dallas explained. “So, what precisely are we attempting to regulate?

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BanerClub August 20, 2024 August 20, 2024
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