Harris Campaign Dodges on Definition of ‘Price Gouging,’ ‘Not Trying to Do Every Detail’
RUSH EXCERPT:
SPERLING: “Well, we’re not trying to do every detail. But let’s note a couple of things: The Census showed that, and our Council of Economic Advisers showed that, in February, you were still seeing profit margins at the highest level in 20 years. The New York Fed showed that, even when costs were pretty stable, that retail margins were going up 50%. Look, she’s a sophisticated person about markets. She knows people use pricing power. She knows prices go up and down. What she did when she was attorney general of California, she wasn’t out there trying to set prices for people. She was going after bad behavior, whether it was Corinthian, a for-profit college, whether it was pharmaceuticals, whether it was the big banks, where she got the $20 billion settlement. So, she’s going to be looking for bad behavior, and I think, look, we went through the pandemic. You saw millions of American frontline workers put their lives on the line. There’s just not a lot of toleration for people deciding that, when their costs and supply chain issues are coming down, that they’re going to jack up their profit margins, as opposed to pass on those savings to working families.”
(Via Breitbart)




