CNN's, WaPo's Rampell: Harris Is Proposing 'Price Controls' and Those Cause Shortages

On Thursday's broadcast of CNN International's "CNN Newsroom," CNN Economics and Political Commentator and Washington Post columnist Catherine Rampell stated that 2024 Democratic presidential candidate Vice President Kamala Harris is proposing "basically price controls" when you look at the details, "to the extent that there are any details, you look at the legislative templates that she's likely to draw from, including legislation she had sponsored when she had been a senator," and when countries have attempted price controls, "They backfire, they lead to shortages, they lead to uncertainty, they lead to black markets, etc."