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Campaign proposals could have unintended economic effects
August 20, 2024
Government interventions that attempt to help consumers could lead to other problems, a University of Cincinnati economist told ABC News. Vice President Kamala Harris has unveiled the economic agenda for her presidential campaign, which includes a ban on grocery price gouging, a $25,000 subsidy for first-time homebuyers and child tax credits. To evaluate the proposals, ABC News turned to economists including Michael Jones, PhD, assistant professor of economics in the University of Cincinnati's Carl H. Lindner College of Business.