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food pricesABC News
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82% Informative
Vice President Harris to propose ban on grocery price gouging.
Economists who spoke to ABC News disagreed sharply over the measure.
Ban would disallow food and grocery companies from hiking prices an excessive amount over a set period of time.
Inflation remains a top issue for voters and a potential vulnerability for Harris .
The pandemic snarled global supply chains and triggered lockdowns, causing shortages of goods and workers.
Meanwhile, government stimulus boosted demand, sending too many dollars after too few products.
"It's economics 101 that if you stimulate demand while simultaneously deterring supply, your equilibrium will be significantly higher prices," a professor says.
VR Score
88
Informative language
90
Neutral language
44
Article tone
semi-formal
Language
English
Language complexity
62
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
2
Affiliate links
no affiliate links