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The John Batchelor Show

#Markets: Wage and price controls and heavy taxation. Liz Peek The Hill. Fox News and Fox Business

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 21 August 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

#Markets: Wage and price controls and heavy taxation. Liz Peek The Hill. Fox News and Fox Business
https://www.wsj.com/politics/policy/food-industry-pushes-back-against-kamala-harriss-price-gouging-plan-064c3bb1?mod=hp_lead_pos1

1941 DETROIT

Transcript

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0:00.0

This is CBS I on the World with John Bachelor.

0:10.0

Here's John Bachelor.

0:12.0

What's your general headline? Here's John Bachelor. Wall Street Journal headline,

0:14.0

Food industry pushes back on Harris's price gouging plan subhead.

0:19.0

Companies reject claims that consumers are being built on prices.

0:24.6

Still says one executive, we understand why there is this sticker shock, end quote.

0:30.3

I welcome Elizabeth Peek of the Hill economists of Fox News a columnist and

0:34.6

someone who's familiar with the shocking prices in this source when did they first

0:39.7

notice it's been this way for at least two years.

0:43.0

Liz, the way I was told a year ago, I believe, by a shopper is that you can't get out of the store without spending $150 and what do you have to show for it?

0:54.3

Now, suddenly the Harris campaign has noticed this $150 is a great deal on a family that

1:02.1

also needs to fill its automobiles with gasoline

1:05.0

that's elevated. However, wage and price controls from our youth Liz there's a

1:11.8

memory that something goes wrong when you start with

1:14.6

price controls at least the wage controls does the Harris campaign know about

1:19.1

this good evening to you Liz good evening evening, John. Who knows?

1:24.0

This is truly a mistake by Kamla Harris because so far she has presented herself as someone who is a blank slate, an empty

1:38.2

pan suit if you will, someone who had all these far left opinions when she ran to be the Democrat nominee in

1:46.3

2019 but as since backtracked on all of them whether it's Medicare for all or banning fracking and a whole bunch of other things

1:55.6

that she decriminalizing illegal entry into the United States etc. She had a very

2:01.6

very far left position as she ran then and now as she is

2:06.6

running for president she has basically disavowed all those earlier

...

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