Kevin O’Leary blasts Harris’s proposed economic plans as ‘really bad idea’
SUMMARY
“Shark Tank” investor Kevin O’Leary criticized Vice President Kamala Harris’s proposed economic plan, calling parts of it a "really bad idea." Speaking on CNN, O’Leary targeted the proposed federal ban on grocery price gouging, stating, “First, they tried that in Venezuela, Cuba, North Korea, the USSR. No, that’s not going to work.” He argued that such measures are unrealistic and would likely fail. O’Leary also criticized Harris’s plan to provide $25,000 in down-payment assistance for first-time homebuyers, warning that it could cause inflation by driving up housing prices. He questioned the feasibility of Harris's goal to build 3 million new housing units, noting that housing policies are managed at the state level. O’Leary voiced concern that Harris has not yet put forward policies that can be scrutinized by the media, saying, “I want her to put her policies in front of you, a reporter that would ask her how she could actually implement it.”