https://www.theblaze.com/news/kernen-destroys-warren-price-controls?utm_source=theblaze-dailyAM&utm_medium=email&utm_campaign=Daily-Newsletter__AM 2024-08-24&utm_term=ACTIVE LIST - TheBlaze Daily AM&tpcc=email 8-23-24
CNBC anchor obliterates Elizabeth Warren in debate over Harris' price control plan: 'Those are fallacious and misleading'
Joe Kernen of CNBC schooled Democratic Sen. Elizabeth Warren of Massachusetts on the history of price controls in a debate about the economic policies of Democratic presidential candidate Kamala Harris. ...
"Yes, why would you propose a flawed idea when the real problem, if you really want to help the middle class, if you really sincerely want to help people having trouble at the grocery store, it's not price gouging? That's the issue," Kernen said. ...
Warren said that prices had gone awry during the pandemic for many different reasons but focused on corporate greed as the target of her ire. She argued that corporations took advantage of the pandemic to gouge Americans by hiking up prices far beyond their rising costs.
"Senator, that's sophistry," replied Kernen. "Can I tell you why those are fallacious and misleading at best?"
He countered that the example she gave was misleading because it essentially came down to an accounting anomaly and not evidence for price gouging. Warren interrupted Kernen, and he jabbed at her for trying to railroad him. ...
He went on later in the interview to accuse the administration of trying to find a scapegoat for the inflationary consequences of the Biden administration. ...
