CNBC’s Eisen on Harris: ‘If Your Opponent Is Painting You as a Communist, Maybe You Don’t Talk About Price Controls’

[Clip starts RUHLE You ░░░░░░░░ you want to take ░░░░░░░░ on by going after ░░░░░░░░ who engage in price ░░░░░░░░ Harris Yeah RUHLE But ░░░░░░░░ somebody who supports free ░░░░░░░░ who s a capitalist ░░░░░░░░ do you go after ░░░░░░░░ gouging without implementing price ░░░░░░░░ Because once we get ░░░░░░░░ this zone people start ░░░░░░░░ get worried and they ░░░░░░░░ I don t know ░░░░░░░░ she stands for Harris ░░░░░░░░ just to be very ░░░░░░░░ I am never going ░░░░░░░░ apologize for going after ░░░░░░░░ and corporations that take ░░░░░░░░ of the desperation of ░░░░░░░░ American people Clip ends ░░░░░░░░ She didn t say ░░░░░░░░ wasn t going to ░░░░░░░░ price controls and didn ░░░░░░░░ really explain the policy ░░░░░░░░ I can this continues ░░░░░░░░ be one of her ░░░░░░░░ topics around inflation and ░░░░░░░░ just doesn t make ░░░░░░░░ sense And to back ░░░░░░░░ up further I here ░░░░░░░░ a chart for you ░░░░░░░░ what s been happening ░░░░░░░░ grocery price inflation According ░░░░░░░░ the CPI it s ░░░░░░░░ back down FABER Yeah ░░░░░░░░ So yes we re ░░░░░░░░ feeling it because if ░░░░░░░░ s a cumulative impact ░░░░░░░░ prices are still more ░░░░░░░░ 20 percent higher than ░░░░░░░░ were in 2019 but ░░░░░░░░ prices are coming down ░░░░░░░░ it s just not ░░░░░░░░ what a government can ░░░░░░░░ FABER No But also ░░░░░░░░ ve made the point ░░░░░░░░ margins did not appreciably ░░░░░░░░ EISEN Correct FABER And ░░░░░░░░ yeah EISEN So if ░░░░░░░░ were to pursue this ░░░░░░░░ I don t know ░░░░░░░░ this price gouging I ░░░░░░░░ maybe there are certain ░░░░░░░░ of certain areas of ░░░░░░░░ economy I don t ░░░░░░░░ EISEN It s it ░░░░░░░░ pockets where FABER I ░░░░░░░░ it mystifying EISEN commodities ░░░░░░░░ FABER Right EISEN are ░░░░░░░░ high And you know ░░░░░░░░ whole notion look if ░░░░░░░░ your opponent is painting ░░░░░░░░ as a communist maybe ░░░░░░░░ don t talk about ░░░░░░░░ controls and price gouging ░░░░░░░░ time we did this ░░░░░░░░ the 70s you know ░░░░░░░░ we had the last ░░░░░░░░ scare where Nixon put ░░░░░░░░ place price and wage ░░░░░░░░ I mean there were ░░░░░░░░ sorts of disruptions including ░░░░░░░░ It didn t didn ░░░░░░░░ end well And even ░░░░░░░░ economists saying FABER Yeah ░░░░░░░░ mean I don t ░░░░░░░░ there are many who ░░░░░░░░ expect they re going ░░░░░░░░ be price controls By ░░░░░░░░ way her opponent has ░░░░░░░░ talked about some things ░░░░░░░░ don t I don ░░░░░░░░ know I don t ░░░░░░░░ don t speak for ░░░░░░░░ crosstalk EISEN Look because ░░░░░░░░ people are feeling it ░░░░░░░░ because it probably polls ░░░░░░░░ and because people have ░░░░░░░░ sticker shock and continue ░░░░░░░░ do so And so ░░░░░░░░ get it You know ░░░░░░░░ s hard it s ░░░░░░░░ The silver bullet is ░░░░░░░░ going to be the ░░░░░░░░ right tightening bringing inflation ░░░░░░░░ down and now preserving ░░░░░░░░ job market But that ░░░░░░░░ it That s hard ░░░░░░░░ explain So people want ░░░░░░░░ solution Go after the ░░░░░░░░ corporations We re just ░░░░░░░░ re all about the ░░░░░░░░ FABER There you go ░░░░░░░░ s what I say ░░░░░░░░ you Sara All about ░░░░░░░░ economics. All right.”