Add a former official from the Obama administration to the list of experts criticizing Vice President Kamala Harris’ new economic plan from both the right and left.

“This is not sensible policy, and I think the biggest hope is that it ends up being a lot of rhetoric and no reality,” Harvard economist Jason Furman told The New York Times in a report published Friday. “There’s no upside here, and there is some downside.”

On Wednesday, Harris revealed part of her policy platform after weeks of speculation. The plan proposed price controls on grocery chains and their suppliers to combat “corporate price gouging.” [she called it “price gauging]

The Biden-Harris Administration has frequently attributed America’s inflation issues to corporate “greed,” preying upon Americans who are having difficulty affording groceries during their term in office.

Harris’ plan empowers the Federal Trade Commission (FTC) and state attorneys general to levy heavy penalties on companies if their prices are deemed too high.

“There’s a big difference between fair pricing in competitive markets and excessive prices unrelated to the costs of doing business,” the Harris campaign said in a statement. “Americans can see that difference in their grocery bills.”

Furman, who served as National Economic Council chair under former President Barack Obama, is not the only left-leaning critic of Harris’ proposals; other prominent voices on the left have also expressed concerns. In a Washington Post editorial, columnist Catherine Rampell described Harris’ plans as a potential disaster in the making.

“It’s hard to exaggerate how bad this policy is,” Rampell wrote in an op-ed published on Thursday. “It is, in all but name, a sweeping set of government-enforced price controls across every industry, not only food. Supply and demand would no longer determine prices or profit levels. Far-off Washington bureaucrats would. The FTC would be able to tell, say, a Kroger in Ohio the acceptable price it can charge for milk.”