Elizabeth Warren is back, and she’s pushing a plan so bad, even her usual allies are raising their eyebrows. If you thought Warren’s socialist tendencies were a thing of the past, think again. This time, she’s all in on Kamala Harris’s proposal to impose federal price controls on food and groceries. Yep, you heard that right – the same disastrous idea that’s been tried and failed in every communist regime is now being paraded as a solution to inflation.
The Debate That Exposed Warren’s Foolishness
On a recent episode of CNBC’s Squawk Box, Senator Warren faced off against host Joe Kernen, who didn’t pull any punches. For nearly 20 minutes, the two sparred over Harris’s price control plan, and let’s just say it wasn’t Warren’s finest moment. Kernen grilled her on the specifics, pointing out what everyone already knows – price controls don’t work. In fact, they’re a one-way ticket to higher prices and scarcity. But Warren, ever the die-hard socialist, tried to defend the indefensible.
Warren argued that federal price controls would protect consumers from corporate greed, throwing out the usual leftist talking points about “price gouging.” She even pointed to the recent rise in egg prices as an example, claiming that companies like Cal-Maine jacked up prices just to pad their profit margins. According to Warren, these companies aren’t just passing along costs; they’re exploiting consumers. But Kernen wasn’t buying it, and neither should you.
Kamala’s Communist Playbook
Let’s be clear – Kamala Harris’s price control plan is straight out of the communist playbook. We’ve seen this movie before, and it never ends well. When the government tries to control prices, it disrupts the natural balance of supply and demand. Instead of lowering prices, it creates shortages, as producers are forced to sell goods below market value. The result? Empty shelves and higher prices down the line.
But Warren, in her usual tone-deaf fashion, ignored these basic economic principles. She doubled down, insisting that price gouging is a major problem and that the government needs to step in. Kernen, however, had the facts on his side. He pointed out that price controls have never worked and never will. Just look at history – from the Soviet Union to Venezuela, price controls have always led to economic disaster.
Warren’s Misleading Examples
Kernen didn’t let Warren get away with her misleading examples, either. When Warren tried to use Cal-Maine as a poster child for corporate greed, Kernen quickly shut her down. He explained that the egg producer’s profits surged because of market conditions, not because they were gouging consumers. The avian flu wiped out millions of eggs, causing supply to plummet and prices to soar. It’s simple economics – when supply goes down and demand remains the same, prices go up. But Warren, in her desperation to justify Kamala’s ridiculous plan, conveniently ignored these facts.
Kernen also highlighted the absurdity of government intervention in pricing, asking how bureaucrats could possibly know when prices are “too high” or “too low.” He compared it to the oil market, where prices fluctuate based on global events. When oil prices skyrocket, companies like Exxon make huge profits. But when prices crash, so do their profits. It’s the nature of the market, and no amount of government tinkering can change that.
Final Thoughts
Elizabeth Warren’s attempt to defend Kamala Harris’s price control scheme was a disaster from start to finish. Her arguments were weak, her examples were misleading, and her socialist ideology was on full display. Joe Kernen exposed the flaws in her reasoning, making it clear that price controls are nothing more than a fool’s errand. If Warren and Harris get their way, we can expect more government overreach, higher prices, and an economy in shambles.
This debate should serve as a wake-up call for anyone who still thinks that government control is the answer to our problems. It’s not. The free market works – when it’s left alone. Government intervention, on the other hand, only creates more problems. And as Warren showed us, when you try to argue otherwise, you’re bound to get wrecked.
We’d love to hear your thoughts! Please comment below.
Jimmy
Let’s say to some small degree food supply chains do price gauge BUT still Govt’ is not the answer OR Solution because then the party in power like EliZabeth Warren who has tyrancy tendencies can take advantage to Control our food supply to control US. “History” shows US this method or solution does not work and is mostly used by Tyranical dictators to control the masses! How would you like your govt’ to say you get NO FOOD!
PS— Remember when you would be eating and not finish all your food, Your mother would say: “eat all your food their are children starving in China”. As a child I would think “what the heck is she talking about? Well as an adult now I KNOW!
And people ask me why I”m living in Europe . . .
warren and harris are quite a pair. Neither one can speak and when they do nothing but lies come out of their mouths. Both lie about who they. warren has always lied calling herself an Indian. That was proven to be a lie by her DNA. She still wanted to lie and call herself an Indian. harris own father has come out and said he has no black in him so where she comes up with her statements on being black is false.
Warren is NOT “foolish”…… she’s a communist POS, bent on the destruction of the US..
“We’re from the government and we’re here to help.” The nine most terrifying words in any language just as Reagan predicted 40 years ago.
Let’s get this straight! It’s not corporate greed, it’s government greed!! The more the prices go up the more TAXES YOU PAY ON THOSE ITEMS!!
The answer to price increases is competition. Price collusion, whether private or government, is not the solution. Price control involves control of other things, such as costs, which includes wages. When controls are ended, pent up inflation booms. Price controls cause shortages. That results in ersatz substitutes, such as chicory instead of coffee. Barter also develops with cashless transactions having income and sales tax consequences.
Our government is already too involved in day to day life in this country! More controls sets the tone for socialism and ruin! We do not need Harris, Obama, Obiden, or any of the Marxist running our Country!!!
Warren is the stupidest halfbreed ever to be a government official but wait there is another stupid Half breed black white Indian or what ever she’s calling herself
Dumb ass Harris now that’s a real proud asshole. Harris doesn’t know what she is or knows what she wants this person is all mouth makes no sense and changes stories like Biden guess she has a lot of Biden in her lol. She says she’s going to fix the border and food prices what the f-in hell has she been doing for 3.5 years she has the power now stupid dumb ass. She’s a disgrace to the black community the can’t stand her lying black corrupt mouth. Her VP pick Walz aka Old Yellow Stain is a coward to this country. Vote Trump. Send her packing back to the ghetto and hood where she belongs
She’s a poster child for Congresspeople to be required to take an Econ 101 and a financial literacy class before ever taking office! They must’ve slept through those classes when they were in college, if they ever took them at all! Once that’s done, they need term limits since they seem to become useless, and millionaires, after five or six years in office…
It may be disrespectful to call her “Pocahontas.” She never uses that name herself. Better to refer to her by her tribal name: Spreading Bull 🙂
lol.. Thanks Don
I agree with all I see that commented but I see how much attention they and voters they garner. The dumbing down of Americans is real and we have the federal union teachers union to thank for that. Its because off union edicts to a singular crowd of teachers that are teaching our children and have been (its hard to say teaching when its more like indoctrinating) still insisting more pay more money is the answer when at the same time scores keep plummeting, no amount of money is raising the scores of the students taking test in fact the opposite applies. Maybe its time for teachers to take test to judge their competentance and cut pay of the ones that prove pay raises aren’t helping.
May I even go further and return the task of teaching actual teaching back to the states the cities that can way control can be used to make sure that teachers in areas where students are falling and failing behind can be more easily spotted for incompetentance and judge on merit not whether they are a protected union member that can’t be fired for turning out a faulty product(our uneducated children or at least indoctrinated children children that read write or do basic math skills.
It was that far back or long ago when my father attend school and the regular courses all students had to prove their proficiency in were Latin. World History, America History, in his case Texas History, Physics, math, geometry, algebra, even more advance mathematics up an including trigonometry then Social Studies old English philosophy like Socrates, Aristotle Voltaire etc all this an more as a junior and High school student then there were shop students for students interested in electrical trades or metal shop. Or wood shop for students who decided a trade would be a route for them to earn a living upon graduation where employers like plumbers, electricians and metal fabricators knew they were hiring men who were experienced to some degree with the crafts of their trade they chose to make a living even to this day those are invaluable endeavors an careers worth pursuing and the pay is as substantials as good as most computer skills pay
Warren has always been shown to have poor skills in basic arithmetic. And her understanding of economics is as bad. Why is anyone even listening to her?
She is a corrupt despicable serial lying scumbag. Everything about Pocahontas is phony!
Elizabeth Warren is like an old used up whore that nobody listens to or wants to hear.
It isn’t companies that cause inflation, it’s greedy, power hungry idiots, devildemocommiecrats, in government that cause it!!!!! warren and the whore are both lying morons who want to destroy America by what they hope will give them greater power but I believe the globalists will not give the devildemocommiecrats any more than token puppet on a string authority!!!!!!!!!!
Price controls have never worked. It leads to shortages and under the table price gouging.
I was around when Nixon last tried them and they failed miserably. Warren must be in the early stages of dementia if she can’t remember that back in the 70’s.