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Donald Trump and Kamala Harris both say food costs too much. What can they do about it?
David Lightman | (TNS) McClatchy Washington Bureau
WASHINGTON — Donald Trump and Kamala Harris agree on this much: Groceries cost too much.
But despite promises from each presidential candidate that they’ll take bold steps to stop the price madness, experts say there’s probably little they can do.
“The rate of price growth has reverted back to normal, but prices will not go back down,” said Aaron Smith, professor of agricultural and resource economics at University of California, Berkeley.
Harris vows to curb what she called grocery price gouging. Trump says that he’ll lower energy costs and prices overall, which in turn will mean less expensive food
Analysts agree a president is largely handcuffed dealing with food prices. Any presidential initiative probably needs congressional approval. Republicans have been unenthusiastic about anti-gouging measures and Democrats are not eager to embrace Trump’s energy production ideas.
And there are questions about whether either candidate’s initiatives are targeted in the right place.
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