This article was originally published on The liberty Beacon. You can read the original article HERE
CNBC’s Joe Kernen Destroys Elizabeth Warren on Democrats “Price Gouging” Plan
(TYLER DURDEN REPORTS) – Senator Elizabeth Warren and Joe Kernen had a heated spat on “Squawk Box” Friday morning, as the CNBC anchor took her to school over the Democrats’ plan to impose a federal ban on so-called “price gouging.”
“If you lose The Washington Post as a Democrat, you got some serious problems. This is what they said about the price gouging, or the price control legislation,” said Kernen – adding “It was really pilloried from both sides of the aisle … I can paint you a picture how that would work and how it’s worked in the past, where we’ve tried to artificially hold prices down. Competition doesn’t come in. Like if beef is too high, people don’t move the chicken. Competitors don’t come in to undercut where the beef prices are. Nothing works when you try to artificially control prices. It’s just the supply and demand issue. It’s a flawed idea.”
CNBC Host torches Elizabeth Warren on price control policies.
CNBC Host: “Nothing works when you try to artificially control prices… It’s a flawed idea”
Sen. Warren: “Is there a question?”
CNBC Host: “Yes. Why would you propose a flawed idea?”pic.twitter.com/YXhzIo6EtQ
— Resist the Mainstream (@ResisttheMS) August 23, 2024
Warren jumped in, asking Kernen if he was just there to lecture her, noting that states like Texas and Florida already have price gouging laws – adding “Price gouging laws are not price control.”
Kernen then called Warren out for a misleading claim that Kraft-Heinz “increased profits by 448% in 2022,” when in fact it was an accounting charge from the previous year.
Elizabeth Warren tries to defend Kamala’s Soviet-style price control scheme — but can’t handle any criticism.
“This is the way you never lose an argument because nobody can ever say anything back to you, Senator.” @JoeSquawk pic.twitter.com/imOVzIxZo4
— RNC Research (@RNCResearch) August 23, 2024
He also pointed out the absurdity of suggesting that companies didn’t know how to price gouge until Biden was elected.
CNBC: For 40 years, companies didn’t know how to price gouge until 3.5 years ago when Kamala was elected? They just learned how to do this?
POCAHONTAS: “Prices went up because of the war in Ukraine.” pic.twitter.com/mw8DIc5MHR
— RNC Research (@RNCResearch) August 23, 2024
Watch the entire interview (did we sense tears from Warren near the end?):
CNBC Host Becomes Distraught After Elizabeth Warren Talks Past His Argument Against Her Price Gouging Position pic.twitter.com/Z8IHsLtVlD
— Daily Caller (@DailyCaller) August 23, 2024
*********
(TLB) published this article by Tyler Durden as posted at ZeroHedge
Header featured image (edited) credit: Article content Screenshot via @Stockwatch242
Emphasis added by (TLB)
••••
••••
Stay tuned tuned…
••••
The Liberty Beacon Project is now expanding at a near exponential rate, and for this we are grateful and excited! But we must also be practical. For 7 years we have not asked for any donations, and have built this project with our own funds as we grew. We are now experiencing ever increasing growing pains due to the large number of websites and projects we represent. So we have just installed donation buttons on our websites and ask that you consider this when you visit them. Nothing is too small. We thank you for all your support and your considerations … (TLB)
••••
Comment Policy: As a privately owned web site, we reserve the right to remove comments that contain spam, advertising, vulgarity, threats of violence, racism, or personal/abusive attacks on other users. This also applies to trolling, the use of more than one alias, or just intentional mischief. Enforcement of this policy is at the discretion of this websites administrators. Repeat offenders may be blocked or permanently banned without prior warning.
••••
Disclaimer: TLB websites contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of “fair use” in an effort to advance a better understanding of political, health, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than “fair use” you must request permission from the copyright owner.
••••
Disclaimer: The information and opinions shared are for informational purposes only including, but not limited to, text, graphics, images and other material are not intended as medical advice or instruction. Nothing mentioned is intended to be a substitute for professional medical advice, diagnosis or treatment.
This article was originally published by The liberty Beacon. We only curate news from sources that align with the core values of our intended conservative audience. If you like the news you read here we encourage you to utilize the original sources for even more great news and opinions you can trust!
Comments