How right or wrong is the senator from Massachusetts?
Senator Elizabeth Warren (D-MA) appeared on CNBC to support Vice President Kamala Harris’ policy proposal of imposing price controls – though they and their ilk prefer expressions like “preventing price gouging.” Parroting other Democratic lawmakers and left-leaning talking heads, Warren claimed corporate profit margins support the price-gouging-fueled-inflation debate. But is this the case, or is it a desperate attempt to mask the true causes of inflation?
Warren Fights CNBC on Price Gouging
Warren engaged in a heated exchange with CNBC host Joe Kernen on August 23, sparring over the Democratic nominee’s pledge to prohibit price gouging if elected in November. Warren called it a public policy mechanism to ensure markets “are more competitive,” adding that…
