redstate.com By Nick Arama
Kamala Harris has been trying to convince voters to vote for her, without answering questions or offering them policies. That’s insulting to the voters. She thinks she can just make empty statements–and people will forget that she’s been charge in the present administration and responsible for all the failure there.
One of the biggest Kamala failures has been Bidenomics and the failure to address or even understand inflation. One of the only “policies” she has enunciated got skewered as soon as she announced it — price controls — which shows she doesn’t understand inflation.
It’s something Biden didn’t understand either. For them, inflation is everyone else’s fault, but theirs. They want to blame it on the evil greedy corporations. It hasn’t gone over well, with many calling her proposal warmed-over Communism.
Now, CNBC’s Joe Kernen just blew up Harris’ point in an awesome throwdown with Sen. Elizabeth Warren (D-MA) who took up Harris’ position. He noted first that it isn’t up to the government (at least not in a free society) to decide what prices should be, and that the grocery companies make a bare profit of 2 percent. (Editor’s note: You can watch more of the conversation at this X post.)
Sen. Elizabeth Warren trying to explain price controls on CNBC:@SenWarren #Elections #Kamala #Trump #Biden pic.twitter.com/BjhA5BJaPS
— Nick W (@NiklasWebb) August 23, 2024
“This is not the government’s place to do these things,” Kernan said. “It’s a fool’s errand.”
He said the Democrats were trying to use this to divert from the “real cause” of inflation. He said it was “juiced” from the Inflation Reduction Act and “all the other spending we [the government] did.”
Warren claimed companies price gouging was one cause of inflation; he asked her to give an example. She got angry instead. Kernan mocked the position, asking why companies didn’t know how to price gouge three-and-a-half years ago, before the current administration? He pointed out how there are 40-year highs in inflation under Biden-Harris.
Exactly. Somehow, the evil companies just became evil under the Dems [/sarcasm], one more reason not to vote for them.
Warren’s response was to say that prices went up for a host of other reasons, but she wouldn’t concede that it was the Biden-Harris spending. She tried to claim companies price gouged under the cover of inflation. Kernan cut her short, basically saying that wasn’t what it was about, that they can’t do that because it’s not a monopoly and their prices will be dictated by the market. You can see him looking off camera and appearing to laugh at her ignorance…
READ FULL ARTICLE HERE… (redstate.com)
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