Shark Tank prosecutor, American business, and entrepreneur Mark Cuban, who took to X to applaud Kamala Harris ‘ economic plan, have endorsed her proposals to ban price cutting.
In a reply to Bloomberg journalist Matthew Yglesias ‘ message, which noted,” I’m pretty certain Harris did not in fact consider price controls on groceries—just sort of faintly said that antitrust enforcement is great ( it is nice )”, Cuban said,” This is a point”. He used this option to declare his support for Harris ‘ strategy.
Harris ‘ recent announcements on tax breaks and down payment assistance for first-time owners demonstrate her dedication to lowering the high fees that some Americans experience, particularly in terms of food costs.
Harris had addressed the pressing issue of high costs, linking it to the pandemic’s effect on supply stores.
” As chairman, I will get on the high costs that matter most to most Americans, like the cost of foods”, she said. ” We all know that rates increased during the pandemic when the supply chains failed and shut over.” However, although our supply stores have changed, prices remain very high.
In a article, Cuban said,” And my favorite of course, did anyone else notice @VP say she was going to provide TRANSPARENCY to pharmacy and healthcare intermediaries,” expressing his support for Harris ‘ efforts regarding medical and pharmacy expenses. The primary reason for almost all the issues with medical prices”?
In a detailed speech on X, Cuban responded to censure from Trump backers for his comments supporting Kamala Harris. He cited her speech as saying,” I will focus on cutting senseless bureaucracy and unwanted regulatory red tape,” and he emphasized her pro-business position.
Caribbean more quoted Harris, underlining her devotion to fostering innovation, protecting users, and creating a stable business setting. He highlighted her pledge to take up labour, small businesses, and big companies to invest in America, create jobs, reach broad-based growth, and maintain America’s continued leadership in the world.
At a campaign event previously on Friday, Kamala Harris made the announcement that the federal government would not tolerate price cutting in the food sector. She said,” My plan will add new penalties to the laws that apply to unscrupulous companies that misuse crises and break the rules.”
Yet, some economists warn that Harris’s plan may create new problems, while Harris claimed her plan will foster competitors within the food business.
