BECAUSE HARRIS HAS A PLAN TO MAKE YOUR GROCERIES CHEAPER

In the past few years, the cost of goods has sharply increased. This has led to record profits for food companies—profits that have subsequently caused painful strains on the wallets of American families. 

Per a recent report from USDA, 47.4 million people lived in households experiencing food insecurity last year, reflecting an increase of 3.2 million from 2022. Even with inflation notably waning, the issue has persisted. Case in point: In 2023, two-thirds of voters polled by Yahoo Finance/Ipsos cited groceries as the area where inflation was hitting them the hardest. 

That’s why, as president, Kamala Harris intends to enact a plan to better protect consumers from facing spiking prices for essential goods.

If elected, Harris intends to curtail price gouging by implementing the first federal ban on the practice. Covering the food and grocery industries, the plan would give federal agencies “the authority to regulate and cap food prices that are considered too high relative to production and other costs.” That means reduced grocery bills for everyday Americans in cases where such violations are proven. At minimum, it provides a safety net of regulation to prevent unjustifiably high prices on food products.

In speeches Harris has given this year, she’s stressed the drastic increase in price many staple products have experienced since the onset of the COVID-19 pandemic in early 2020. They include the cost for a loaf of bread, which is now approximately 50 percent more expensive than it was prior to the pandemic. But preventing price gouging isn’t the only way in which Harris plans to curb costs on groceries. 

Her economic plan also includes incentives to ensure competition within industries, a tactic that has historically proven to be massively successful in preventing the formation of monopolies and price-fixing schemes. That’s why a vote for Kamala Harris is also a vote for keeping your food affordable.