Kamala Harris says she will bring down prices as president, but her economic plans don't address the real reasons behind rising costs. Harris blames corporate greed for high prices, but it's actually the government's fault.
Rick Manning, president of Americans for Limited Government, told KTRH, "It's the overall effect of the Biden administration's Bidenomics plan. And then they want to blame the corporations because prices go up."
Manning says Harris' plan could raise prices further due to government handouts. "Economics 101 says if demand is higher than supply, prices go up. By giving out incentives to buy, you're increasing demand."
He added that the best way to lower costs, especially for housing, is to reduce government spending and cut red tape that slows down new construction.