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Date
Summary
David Brooks Surprised ‘Responsible’ Harris Would Endorse Soviet-Like Price Controls
Source
NewsBusters
, Iowa PBS
Name: NewsBusters
URL: http://www.newsbusters.org
Name: Iowa PBS
URL: http://www.iowapbs.org
Show
PBS NewsHour
Name: PBS NewsHour
URL: https://www.pbs.org/newshour/
Persons
David Brooks
, Geoff Bennett
Name: David Brooks
Employment: The New York Times
Position: Writer
Name: Geoff Bennett
Event
Event location
–
Uploaded
08/19/2024 03:19 pm
Owner
Type
Audio
Format
MP3
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Duration
0:02:39
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Transcript
Ticket now she has ░░░░░░░░ when it comes to ░░░░░░░░ issues and on the ░░░░░░░░ in particular Geoff On ░░░░░░░░ matter of economic policy ░░░░░░░░ vice president is proposing ░░░░░░░░ first ever ban on ░░░░░░░░ gouging for groceries This ░░░░░░░░ something you took particular ░░░░░░░░ with It pulls well ░░░░░░░░ swing voters but economists ░░░░░░░░ the underlying reason why ░░░░░░░░ prices are higher is ░░░░░░░░ complicated She has some ░░░░░░░░ things in this package ░░░░░░░░ child tax credit is ░░░░░░░░ good thing She wants ░░░░░░░░ deregulate housing But the ░░░░░░░░ gouging thing well a ░░░░░░░░ hour contributor said it ░░░░░░░░ impossible to exaggerate how ░░░░░░░░ this policy is and ░░░░░░░░ agree with that Catherine ░░░░░░░░ a good line that ░░░░░░░░ your opponent s calling ░░░░░░░░ a communist don t ░░░░░░░░ with price controls We ░░░░░░░░ seen it happen in ░░░░░░░░ and the Soviet Union ░░░░░░░░ controls do not work ░░░░░░░░ is worse about that ░░░░░░░░ it is addressing a ░░░░░░░░ that does not exist ░░░░░░░░ prices inflation has been ░░░░░░░░ than 1 for the ░░░░░░░░ year It s over ░░░░░░░░ had a surge but ░░░░░░░░ s over The problem ░░░░░░░░ not exist But the ░░░░░░░░ problem is it expresses ░░░░░░░░ level of economic illiteracy ░░░░░░░░ is surprising in a ░░░░░░░░ democratic candidate The idea ░░░░░░░░ greed flation s we ░░░░░░░░ all those years of ░░░░░░░░ inflation and I guess ░░░░░░░░ were not greedy then ░░░░░░░░ magically they all get ░░░░░░░░ and start price gouging ░░░░░░░░ Kroger Harris teeter HEB ░░░░░░░░ there s this massive ░░░░░░░░ gouging That s not ░░░░░░░░ inflation surged Inflation surged ░░░░░░░░ of the pandemic which ░░░░░░░░ up supply chains and ░░░░░░░░ The Biden Administration over ░░░░░░░░ the economy Larry Summers ░░░░░░░░ Jason Furman said at ░░░░░░░░ time this will cause ░░░░░░░░ Low and behold it ░░░░░░░░ the Fed has to ░░░░░░░░ down on growth That ░░░░░░░░ what caused inflation That ░░░░░░░░ basic economics Her greedflation ░░░░░░░░ is somewhere outside of ░░░░░░░░ economics Geoff What about ░░░░░░░░ Jonathan that parts of ░░░░░░░░ economic policy speak to ░░░░░░░░ illiteracy I take issue ░░░░░░░░ the word illiteracy but ░░░░░░░░ will have to agree ░░░░░░░░ disagree on our word ░░░░░░░░ but Catherine raises a ░░░░░░░░ point I found her ░░░░░░░░ to be rather persuasive ░░░░░░░░ so now it s ░░░░░░░░ upon
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