Sen. Warren on Harris' price gouging plan: Consumers need to know they've got somebody on their side

[@alechurley6709]

That was painful to listen to.

[@rlud304]

Why?

[@floraflowers2335]

@@rlud304lies and propaganda!

[@rlud304]

@@floraflowers2335Such as?

[@chadhaire1711]

@@rlud304 R U that stupid it has to be explained to you???????????? Scary to think you might be old enough to vote

[@Ellerich800]

@@rlud304 She's deflecting blame to the evil capitalists. She should look in the mirror and at the U.S. debt.

[@billypardew2337]

They're being called out by their own side.....

[@HomeAlonePetTV]

Yes. I love it. America will finally be united again soon. The future looks bright.

[@xanglee7071]

@@HomeAlonePetTVI do not think so. In the past eight years I saw democrats impeached, sued Trump and arrest his supporters without bail or trial. Talking nice, but did bad! It seems like in the 1800 again.

[@Capo.45]

It’s great

[@ericwilcox2442]

Joe is fairly conservative.

[@MinimalistCapitalist]

CNBC is fairly balanced politically. If you talk to any actual economists though, they don’t agree with this narrative that it’s corporate greed and not money printing. Even companies that are getting higher margins, that’s still a function of supply/demand. Money printing pushes demand way beyond the available supply, that shows up as price increases. A lot of the time that’s just from people outbidding, and not necessarily charging more. When government shuts down the economy, crushing supply and then money supply increases 40% that will undoubtedly cause these problems. Lets get to the root cause instead of having granular thinking and pushing all of the blame away from where it actually is.

[@KluverBucy]

I wish they would show the dislikes.

[@Leadeshipcoach]

I agree! Why did they stop showing the dislikes?

[@mr.v3061]

4 dislikes. You can see it with the extension of: Return KZbin Dislike

[@dougsholly9323]

@@Leadeshipcoach It was hurting people's feelings.

[@jcgoogle1808]

Grocery stores profit margins are 1 to 2%. NVDA, MSFT, META,. MSFT,... have profit margins of 20, 30 $ 40%. If there is price gouging it happened under kacklingKommiekamala and senile ole joeBribem. Hr day one was 3 1/2 years ago,... how is this a problem now??? Evne worse that has to wait until she's in office to fix??? She's already in office.

[@Saltcracker007]

@@mr.v3061 it’s over 1000 you liar

[@lariatjb]

Its not gouging it's inflation caused by overprinting the currency.

[@seanvosq]

That’s actually not how it works

[@chingron]

@@seanvosqThat is exactly how it works. Your education has clearly failed you…

[@leehensley5019]

@@chingron Yeah I wish I was as smurt as Squawkinghead. That way I would whine about Harris' proposed price gouging protections as price controls on the highest price while giving the Trump tariffs as price controls raising the lowest price a pass. Yeah, yeah if only I was as smurt as that. Yeah, yeah ba-bye pre-tariff Chinese goods I want to buy those tariffed Chinese goods cause I like paying them higher tariffed prices, Momo. Good job, Momo.

[@jcstefan7]

Both things can be (and are) true. Inflation and supply chain issues caused prices to go up and then corporations got greedy and their profit margins increased which caused more inflation. And everyone agrees that price controls are bad. The price gouging proposals have nothing to do with price controls. It has to do with penalizing companies that increase their profit levels to unreasonable rates.

[@I-Dcompany]

​@@seanvosqF*** of with your DISINFORMATION

[@GeorgeSchneider8889]

The Sherman Antitrust Act refers to a landmark U.S. law that banned businesses from colluding or merging to form a monopoly. Passed in 1890, the law prevented these groups from dictating, controlling, and manipulating prices in a particular market

[@perfumegoose]

Sherman Antitrust also was aimed at scams like Blackrock and Vanguard. SAA prevents prevents Blackrock and Vanguard from "merging". ATT was broken in the 80's, why not Blackrock

[@denillefleming2942]

The problem is that it takes years to address the problem

[@libbycollins9349]

Exactly, and Robinson Patman keeps it fair for small businesses to compete. We can hold law breakers accountable, but only if they’ve broken the law.

[@Ellerich800]

@@libbycollins9349 We should hold LAW MAKERS accountable for the cost of living crisis.

[@arthurfoyt6727]

@@denillefleming2942 Because it's INFLATION that cause the price increases, calling it price gouging is a lie/deflection.

[@keiththoma2559]

This is actually a pretty good discussion. I think having more confrontational interviews like this is actually better to have policy discussions then just people who agree with the hosts. I really wish they had more discussions going over data points and debating based on that.

[@vivan10]

Absolutely, there too many economic illiterate cryto morons in this comment section.

[@achill_934]

She is cherry picking random numbers that fit her narrative without giving the whole picture. They need to cut her mic and put it into the factual perspective.

[@anonymous-kz9hw]

Yep but it's much better when an actual "honest and educated economists specialist" explains it! Not a politician and news caste!

[@MichaelBCharlotte]

Yes but the problem here is that he challenged her point, and instead of addressing it, she continued to filibuster.

[@anonymous-kz9hw]

@@MichaelBCharlotte That's been the problem all along. Just as with the border too. First Republicans spoke out. Then the ppl spoke out. Even Ray FBI warned of safety. Then they put up a bill that limited numbers, still allowed ppl in without being detained till they had been fully vetted and requested bigger budget to process ppl faster. On top of everything they would not allow state law officers to process for crimes or have ICE to pick up and detain. Now many have drivers license and were given voters registration. Doesn't ring alarms? Not a conspiracy theory. I've seen the license when they buy beer! GA has a black or gold star right hand corner for USA citizens. Guess what. This guy buying had a food card and valid license to buy that beer! So really they're treated to the tee and many will probably slip past that voting check point. No problemo! They've really screwed us up big time! I do wonder if it's not been the plan all along! So really sad for our country. Some of the things RFK JR spilling now is frightening. CNN had him on and cut him off in the middle of him speaking. They said they'd get back to him but don't count on it. Pray for our country. I do.

[@donnation]

Its hard to fathom that a Senator could be that stupid but its a reality.

[@vulpsturm]

She's not stupid, she knows exactly what she's doing: Federal control of businesses. Ya know, kinda like fascism or socialism.

[@SeemoreButts-d6x]

@@vulpsturm Agreed, she knows what she is fcking doing, but Hitler w/ fascism was stupid for not listening to his generals, if he had, they would have won. Was Khrushchev stupid? Brezhnev? I remember watching the Russians in bread and meat lines for HOURS, DAILY!!!! Yea communism and fascism is fcking beyond stupid, just ask the relatives of those that are in the graves who fought for the freedoms we have, if not then GTFO and live in Cuba, China, Russia, Venezuela🤦

[@xavierb9061]

Price gouging is legit. If other companies cant undercut and sell for less, government has to step in.

[@dancinginabundance]

What's hard to fathom is that a Senator continues to get reelected by super stupid voters.

[@ConsciousRebel85]

​@@vulpsturm Facts!

[@moirawalsh1575]

Warren CLEARLY stated that the proposal is not for price controls, it is for the prevention of price gouging. Two very different things. The woman in green had a questions about specifics- "how would it work?", but I don't think she imagined there would be a ready answer yet. Writing a bill a long and careful process. Then it will be rewritten again an again as it goes through Congress.

[@CeeGee0711]

Which stores are price gouging

[@iampracticingpiano]

I wouldn't trust Elizabeth Warren to competently feed my fish.

[@KC-jr6zs]

I would expect her to look empathic and loving fish than come home to a dead gold fish fried up.

[@jlvandat69]

And very few people would trust someone unwise enough not to trust Elizabeth,

[@nikiseyachatman7587]

😂😂😂

[@CSARVA]

@@jlvandat69 and even fewer people trust people who want to fund endless wars with their paychecks!

[@I-Dcompany]

​@@jlvandat69No one would reasonably trust some ok with funding Zelenskys weekend of debauchery

[@tempire1]

Markets don't function correctly when you print unlimited amounts of money, will that be an excuse to regulate prices? History has shown that type of thinking to solving problems usually makes things much worse.

[@rlud304]

@@tempire1 No one is proposing printing unlimited money. The topic is price gouging. Try to keep up

[@dancinginabundance]

Most folks don't know or understand history nor do they want to and why should they while the Dems feed them full of BS.

[@erinbordner6729]

​@rlud304 maybe you need to re-read his comment. Reading comprehension is key when trying to call someone else out... We printed A BUNCH of money during covid... it was only one of the factors leading to inflation. If you still don't get his comment after that explanation, noone here can help you. Have a nice day.

[@rlud304]

@@erinbordner6729 The COVID lockdown was 4 years ago. That’s no longer relevant. And we don’t actually “print” money haha

[@Matt-lq7gd]

@@rlud304 youre ignorant at best and dumb af at worst.

[@ProSe-Logic]

There will never be a perfect system. But when I cannot afford my groceries because the prices went up then I happen to read that the CEO made 500mil profit above the 100mil he/she made last year, then at the very least I would like to know that someone is trying to do something about it. I don't need someone running around telling me prices are high when I already know they're high. I also don't wanna hear u tell me that her plan is terrible while u're not giving any plan. She's is offering something while he's running around with laser pointer pointing at what's broke like we didn't know.

[@I-Dcompany]

All I'm saying is government printing money decreased the value of the US Dollar, prices increase to offset deficit. The ceos yeah are a different story, but this is the function of a free market. By definition the result of the dollars inflation due to more money than natural circulation

[@KimChi-wz7mk]

This is like you're heading to the next town and person A gave you directions that lead you off a cliff you didn't know about and you're complaining that person B who is warning you about the cliff is the problem because he isn't giving you better directions. SMH.

[@ProSe-Logic]

@KimChi-wz7mk honestly, I can't follow ur logic. I read ur reply multiple times and still couldn't get ur point.

[@KimChi-wz7mk]

@@ProSe-Logic Kamal's ideas are socialism which causes which will drive this country off a cliff. You don't want to hear it because the warning about where we're headed under her doesn't come with a better plan. Foolishness.

[@ObscuritiesByJude]

Exactly! Thank you! These people whinge and whine and complain about suggestions/ideas to try to help - BUT they NEVER suggest anything remotely helpful to possibly try to fix things. Oh, right, cut bloody taxes for billionaires - that'll do it! Sheesh!.

[@hawk1192]

Has this woman ever run a business? She hasn't a clue.

[@CB099]

No clue at all. She was a right wing nut job who went to law school and got indoctrinated to being a left wing nut job. Never left school, graduated, stayed there to teach, then ran for the senate. She's a total joke of a human being and has never ever done anything for a living besides run her yap.

[@SeemoreButts-d6x]

This is one of many reasons why women shouldn’t be in leadership positions🤦

[@jlvandat69]

@hawk1192 about 95% of those criticizing Warren have never ran a business, graduated from college or have a genuine understanding of legislative processes. Those people who do have those qualities demonstrate respect for her efforts.

[@TheContrarianThinker]

@@jlvandat69 Troll alert!

[@jlvandat69]

@@TheContrarianThinker "Projection", obviously.

[@GentlemanJack705]

Sen. Warren is right. 37 states have price gouging laws. If they allowed Warren to finish her point, she would have mentioned the legislation from 2020 that never passed, which would have given industries a pass if they could show that price increases were due to increased costs and not about padding corporate profits.

[@catya3668]

The reporter was rude. She has way more bonafides than that idiot and he was talking to her like she's a teenager

[@rivernorthhomes]

She wouldn't the host finish his point. Harris want socialism for you while she lives in her million dollar home

[@anonymous-kz9hw]

Yep and alllll those taxes big businesses are required to pay. Tack on regulations in place by green deal requiring electric transport and you'll see lol. Gotta do something to make a profit! Otherwise why are we in business?

[@GentlemanJack705]

@@anonymous-kz9hw Nothing stopping businesses from making a profit. The regulation is intended for emergency situations where industries exploit the market without any real consequence while consumers are left holding the bag.

[@anonymous-kz9hw]

@@GentlemanJack705 Well gentleman jack this is Kamala's response to the high grocery prices and housing today! so I guess this is an emergency as we speak lol! This is her response to the question regarding how she's going to fix the economy?

[@lethalintersection]

She spent 2 minutes answering a single question, repetitively and talking super slow, Almost like she was time gouging 😂😂😂

[@AuthenticProphetic]

She was explaining very deliberately since the CNBC audience are a bunch of greedy people that live with their heads in the sand to avoid confronting the fact that voracious pursuit of profit with no regulation destroys consumers and overall society

[@chiquita683]

Fact

[@its_jimbooh_no6572]

O and she loved it. She loved ignoring the man as much as possible you can tell by her gleeful smile throughout the convo. She would only stop when the other female spoke.

[@Matt-lq7gd]

Bs until you can run away. Political strategy at its best

[@annunciataparchesi1832]

Because she was talking to an idiot

[@BORNGEARHEAD]

I'd like to report a robbery.

[@rlud304]

What tf are you blathering about?😂

[@BORNGEARHEAD]

@@rlud304 Thank you for your time, flower people.

[@shlepmessing8703]

@@rlud304 The libtard mafia screwing over Americans while they buy votes from Mexico.

[@rlud304]

@@BORNGEARHEAD Please explain your nonsensical comment

[@markpack798]

Robbery isn't illegal anymore 😮

[@marylandterpz]

Yall forgot all these companies recorded record breaking profits but yet yall believe no one is gouging???

[@OhioVworld]

Define gouging. I am a centrist, but I don’t think there was gouging in 2022 and inflation was rampant.

[@marylandterpz]

@@OhioVworld google buddy

[@kubush]

​@@OhioVworldThere was literally market calls where the CEOs admitted as much. Plus you only need to look at their profits. Why bury your head in the sand Mr centrist?

[@GoogleVideoMan]

When they all colluded to raise prices on goods we need for no reason other than to increase their profit margins. That’s price gouging.

[@Gmac_Greg_M]

@@kubushwhen was this said??? You have proof?

[@JimRPickens]

Elizabeth Warren is so fricken out of touch

[@ethnographic1]

Ya, that’s the ticket. Please continue to share your brilliance. You and a debate with Warren would be a hoot.

[@15IgorS]

@@ethnographic1 you will need 3 weeks with the pace of answering questions lol

[@I-Dcompany]

​@@ethnographic1I'd gladly would do an official televised debate with her and tell her the common sense logic on how the value of the US Dollar works

[@kubush]

​@@I-DcompanyPlease enlighten us on how non competitive corporations that price gouge have to do with how the value of the dollar works. 🤦‍♂️

[@King-J-Reing]

We did exactly the same she propose in Cuba and later on in Venezuela. Ssshh...it didn't work!!!

[@KungPowEnterFist]

@3:10 She is 100% wrong about that. Florida's price gouging laws only apply during declared state of emergencies, for example, hurricanes. The rest of the time there is no price gouging law in Florida. There would have been no supply and demand issue if the governments of the world had not printed tens of trillions of dollars.

[@evan258]

Welcome to Democrat lies lol

[@Bryanbkk]

Wrong about Bitcoin too. What else is she wrong about?

[@I-Dcompany]

​@@BryanbkkAbout everything....

[@kubush]

Where did she say otherwise? There is no supply and demand issue. The issue is companies price gouging due to non competitive markets and inflation.

[@kubush]

​@@evan258Welcome to reality. 🫵🤡

[@walnut362]

The insurance companies pay for products when products get destroyed directly to these companies,then these companies turn around and claim a shortage,jack up their prices and double their profits.There needs to be a law put into place for double dipping these insurance companies and the American People.

[@phantomcreamer]

No, they didn't pay for the profit. That's why YoY their profit went up. Listen to the interviewer more than Pocahontas did.

[@chingron]

Why would they do that? They pay the senators to prevent laws like that.

[@KacieLehman]

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

[@JacobReynolds-t7v]

The strategies are quite rigorous for the regular. They are mostly successfully carried out by pros who have had a great deal of skills/knowledge to pull such trades off.

[@JoeWilmoth-k2w]

@@JacobReynolds-t7v I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2020, I was having an investing nightmare before touching base with an advisor. In a nutshell, I've accrued over $2m with the help of my advisor from an initial $350k investment.

[@KacieLehman]

@@JoeWilmoth-k2w Please can you leave the information of your investment advisor here? I'm in dire need of one.

[@JoeWilmoth-k2w]

@@KacieLehman Victoria Carmen Santaella' is the licensed coach I use. Just research the name. You'll find the necessary details to work with a correspondence to set up an appointment.

[@KacieLehman]

@@JoeWilmoth-k2w Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible.

[@jameseves9209]

So we're supposed to believe there's price gouging from the people that printed trillions of dollars fr9m thin air.

[@vulpsturm]

Corporations don't cause inflation; the federal government does. This is economics 101.

[@skahler]

See I'm a Trump supporter, but I actually agree completely with what she's saying - she's pointing to the profit margins and I think she's actually right. I think a lot of companies used the pandemic to gouge prices by exploiting FOMO. Imagine how jealous corporate America must have been over the toilet paper industry? If it were true inflation, profit margins wouldn't be skyrocketing in these companies and creating a bigger divide between the rich and the poor. I think what you're saying applies when there's a steady balance of classes - but in *today's* America, we're actually seeing the opposite. If top-down economics were truly a thing right now (i.e. if corporate greed were not a serious serious problem at the moment), we would not be seeing rising unemployment consistent with rising stock prices.

[@chingron]

@@skahlerIf there was price gouging, another company would undercut the company which is price gouging.

[@davidlemmon4603]

THanks for explaining that... IF there was gouging then other companies would step in to sell their products and undercut excessive pricing.

[@justinproffitt6149]

@@chingron seems naive to think this. In theory, another company would come in and undercut. However, in the real world the problem is the competition doesn't exist due several decades of mergers and larger companies continuing to buy smaller companies. i.e. Amazon, Kroger, Entertianment companies and basically every industry.

[@kyleighhodgson196]

​@davidlemmon4603 Warren's point is that companies have amalgamated so much that it is very difficult for small companies to challenge them and so the market cannot work effectively because there is not enough competition. Which I am sure she would have explained perfectly if that rude man had not kept interrupting her.

[@ClydeLamb-zo4bk]

She won't let the man tell truth

[@marygoff5472]

😂

[@jamesm3734]

Price gouging is not the problem. Printing too much money and then just giving it away IS the problem. If the government could print meat and eggs as fast as they are printing dollar bills, then there wouldn't be any inflation.

[@darla_hart]

Wrong!!! Corporate Greed is the problem!

[@jamesm3734]

@@darla_hart Walmart's profit margin per item is less than 3%. The rest of their profits are spent on the maintenance and employees. Where is the greed? The employees wanting more money?

[@darla_hart]

@@jamesm3734 let me guess your last name is Walton or maybe you just sit on the Walmart Board of directors. That is a laughable statistic! The top average WM pays its warehouse and store workers is $18 per hour. That is about $38k a year. The Walton family is worth $282 BILLION DOLLARS! Please sit down with your crap stats!

[@ryancassidy2913]

​@darlenehetman8593 you are clueless and obviously have never taken an Economics class. The excess supply of Money (M2) within the economy is directly responisble for inflation. 7 Trillion dollars was printed in 18 months

[@darla_hart]

@@ryancassidy2913 obviously you are clueless because we are NOT talking inflation we are talking price gouging! You know when companies increase their prices not to cover additional cost but to line their own pockets and they do this in collusion with other companies!

[@thomaspatroski8991]

She another one that needs to go.

[@rickyedwards5480]

So are you.🤔😂🤣😂🐩

[@jaysteve4442]

Don’t vote for her. If you’re not in her state…stfu

[@CBDguitar]

You must be wealthy! When your cook makes you a meal using a few of the $12 a dozen eggs she/he purchased for you, you won't know and won't care you're getting ripped off. 95% of the American population will.

[@panpsychism_]

@@thomaspatroski8991 Trump first!

[@mochutasull739]

Yeah, she needs to go. Her understanding of how things work is of a 6th grader! I thought she faked her Native-American heritage and got free college, that was a waste of taxpayer money.

[@jinzhouyuan5000]

Basically they are trying to blame the inflation on price gouging by companies instead of by failing government policies and massive government expenditure.

[@jcstefan7]

No they’re not. No one is saying inflation doesn’t exist or that the government (dems and republicans both, Trump included) printed way too much money. What they’re saying is that in addition to the supply side issues and the money printing, companies also took advantage of the situation and increased prices more than they needed too which is why their profit margins increased instead of staying the same.

[@AntonioRivera28]

@@jcstefan7 and yet their primary example is one that didnt do that at all. and actually did the opposite by lowering their profit margins to keep prices as low as possible

[@Stilltheking24]

@@jcstefan7Let’s blame Trump too then he spent the most money in history

[@hervej.dejordy329]

CEO's on their calls with shareholders are on audio tape showing off about their price gouging..

[@elterrifico9522]

Yawn

[@sagebrushcraftco.351]

Proof plz. Show it.

[@EnlightenedD]

Every corporation has RECORD profits how dumb can you all be in the comments? Why do you all keep defending these companies?

[@tomschott2313]

Profits are nominally denominated. Making $100 profit in 2020 is the same as making $128 profit in 2024, all else being the same. Technically, I made record breaking profits; adjusted for inflation, I'm making the same amount.

[@jellojiei6061]

Inflation is a thing, for starters, so each year money is worth less than before so if they made the same in real dollars, they would have made less actually. Also if you have ever played any game, involving strategy you would know you use your resources to build things that make you more resources, Basic Civilization, Stellaris stuff. That is no evidence that is bad faith.

[@tomschott2313]

@@jellojiei6061 @jellojiei6061 Doesn't matter if the money is worth less if the nominal value of the profits being had are still elevated relative to prior nominal values. Inflation helps the rhetoric of "record breaking" because as you said, the money is worth less. This is why it's important to look at normalized inflation adjusted numbers, not just the current 10Q/10K a company posts. Not sure how videogames really fits into the equation unless we're pretending companies don't roll profits to cover future operations and growth expenses.

[@jellojiei6061]

@@tomschott2313 the video game thing was an example of exponential growth as in those games you have a limited amount of resources, and over time, you use said resources, to build infrastructure which will help you be more efficient and make more resources, in the same way a company will use its profit, to hopefully invest in a new factory or technology that can help them, make their products a lot easier. This it’s unfair, to say that just because someone is making more, it’s due to unfair business practices, another example would be comparing, factories, from now to early factories in England, we are making a lot more now, because we invested the surplus profits, in better industries, now because the factories today are way greedy, than back in England, during the industrial revolution. Also I think I am agreeing with you, I am saying that it’s unfair, to say, that record profits are a sigh of greed, and that saying record profits is very misleading. I just used different language because a lot of people here, don’t really like, technical language.

[@jellojiei6061]

@justanthony23 what rates are you using for inflation, Larry summers calculated that the inflation rate was 28 percent annually at its peak. Also companies profits grow every year as they use their profits to grow their customers base, as they find more efficient ways of doing things, and so on. You use your resources to build things to make you more resources, it’s every Real time Stategey game, those companies are also making a lot more than those companies during the industrial revolution, and the companies today are a lot more safe, and less greedy. Also the federal government spends about 23 percent of gdp, on stuff which is way to high, for an entire, government

[@anjanmani4038]

I think the overall idea behind this is to prevent big companies from having monopoly. Ultimately, this move doesn't give big companies any incentive to buy out their competition as they cannot increase prices later. I think she needs to be clear that that the Democratic Party will enforce price gouging laws for companies with $250m+ revenues. Otherwise, small businesses will be hit badly.

[@joeb1522]

Anti trust laws are in place to prevent monopolies.

[@anjanmani4038]

@joeb1522 they always find ways to get away from those laws and the government struggles in implementing laws as companies use a lot of 'gray' area to get away. For example, a grocery giant can buy a bunch of real estate in a town and if a small mom and pop want to open a grocery store, they are into explicit tenant contracts where they are required to set prices higher than the grocery chain. There are lots of such examples.

[@BlueTuesday-d1g]

They brought her on the show but then he kept talking over her. Dude, let her talk. She stayed so polite despite this rudeness.

[@sandyunderpants4376]

because she's lying, and then won't let him explain what actually causes the price increases.

[@Nat4551]

IT'S NOT PRICE CONTROLS. SHE NEVER SAID THAT. THIS IS JUST A LIE.

[@gunkulator1]

CNBC: Pay no attention to record corporate profits.

[@sinisterkitty8411]

Raking in campaign ad money...

[@Ellerich800]

Don't Americans want their businesses to be wildly successful and out compete others on world markets? Record profits should be applauded. If your economy is stronger you might be able to outgrow your debt.

[@jiminy82]

Nothing wrong with profits. If you can't afford their product, find an alternative. Pretty simple stuff.

[@RandyCampbell-fk3pf]

Also record earnings doesn't equal record profits. Thanks to Bidenflation its possible to have record high earnings and record low profits simultaneously. Notice that they haven't called out 1 single company for price gouging in order to avoid legal problems when it turns out to just be the result of Democrat policy.

[@providence4455]

They have to play the game of blaming the corporations for profits because they can’t play the game of blaming the Democrats for the current status. Democrats have been in charge 12 out of the last 16 years. The current status is a result of their policies. They can’t own it so they must displace the blame somewhere else. Corporations bad, Trump bad Democrat policies ignored. They’re just hoping the brainless don’t know how to add and put two into together.

[@sheilamason1895]

do these guys buy anything? Come on… our country needs help against big business creating American Oligarchs who, have so much money they can have 50,000 square feet homes, yachts, space adventures and still pay less taxes than a teacher. let’s get real, for some it’s never enough. They raise prices but rarely reduce them. Profit sharing never trickles down to everyday consumers. Greed is veiled in a lie about how lucky we are to not have even a modicum of money left in everyday peoples pockets. Don’t pay them, don’t unionized, let’s be able to hire kids or immigrants for nothing. forget benefits. ENOUGH!!! Time to try a new tack. This guy offers nothing but bs

[@hightv9718]

so true... and lying about price gauging as if it was price fixing...

[@jellojiei6061]

Instead of providing stats, you are brining up examples, based on what you have seen, from magazines that’s like me basing my political beliefs based on what I see on Tik tok or Instagram. As for them never cutting prices, the Us government wants prices to rise by roughly 2 percent a year, in the form of inflation, them lowering the inflation rate does not mean lowering prices it means lowering the rate at which prices increase. You are literally blaming companies, for US federal policies.

[@user-yl4lf9mh1w]

CNBC should be defunded

[@uncomfortabletruth2988]

Good luck with that. They’re the public voice for corporations

[@Leadeshipcoach]

Good pushback Squawkbox!

[@kahledalbert1210]

Scary people like this are in charge of everything

[@jeremypeel314]

Inflation is caused by government overspending......

[@oceancity5776]

The real winners 🏆 are Ukraine & Israel

[@seanvosq]

Yeah, no; that’s not it

[@chingron]

@@seanvosqYes… that is it.

[@joonlee2031]

Joe is making Squawk box must watch morning TV.

[@victorc8028]

CNBC, control your reporter(this male) temper and his outburst! I'm not entertained when he's on air with his angry tone and belligerent attitude everyday. It's ashame to have someone like him on air with an arrogant display!!!

[@Afrattzz1]

Why because he wants to get down to the facts?

[@ChrisBurks-yc7zv]

I love it. This lady just talking out her ass I’d be upset too listening to people who think the American people are dumb. Government has no business poking there nose into this at all.

[@OdomJackson]

They don't care about people they only care about corporate profit.😮😮

[@KJB-gn8mr]

Wrong . They only care about power and money .

[@Pipping-Hot]

Ms Warren Cares even Less about People - She Spends 50% more than she takes from them. She is Screwing Our Kids & Grandkids.

[@ericwilcox2442]

You obviously didn't pay attention to Joe explaining why Pocahontas is wrong.

[@MinimalistCapitalist]

Economy shut down, and massive QE and deficit spending, resulting in low supply and 40% more money in a very short period of time. If you honestly think this isn’t government and the central bank, you need to go take a macro economics class. Whether you want to accept it or not, that’s the problem. Politicians like Elizabeth warren are not economists, she has a law degree. 90% of politicians have zero economics background. This is a politically motivated argument and nothing else.

[@mojodojo5533]

Said the guy using his I-Phone helping Apple rake in 30% profit. Smh.

[@tomkutwell5123]

why doesn't the presenter have an issue with Trump tarrifs which are a worser form of market intervention and basically a tax on Americans

[@durkdiggler4346]

Lol learn about macro economics

[@cosmosaic8117]

Worser isn’t a word

[@Nottoday-q2f]

Pretending that prices haven’t been artificially inflated and not taken advantage of the people is disingenuous, rules need to be in place, this presenter loves to talk over anyone that disagrees. Hawks gonna hawk.

[@cosmosaic8117]

@@Nottoday-q2f Pretending that Inflation is anything other than expansion of the money supply is uneducated. Look up the original definition.

[@Nottoday-q2f]

@@cosmosaic8117 both can be true.

[@toddboothbee1361]

Not price controls, but enacting anti-trust laws to stop monopolies. Gouging happens when there's too little competition.

[@CeeGee0711]

Which grocery stores are price gouging

[@toddboothbee1361]

@@CeeGee0711 The one's with record profits despite claims to supply shortages, for example.

[@CeeGee0711]

@@toddboothbee1361 Cool which companies are those? Name them

[@TheGreatOne428]

I applaud the hosts to calling her out on her lies

[@maryw4497]

Senator Warren is one of the very best

[@siemonebeach4083]

She’s delusional!

[@tiresmoke82]

Wish the entire country could watch this exchange. Please up vote

[@michaeleverest3487]

He really wants us to believe companies don't price gouge or haven't been doing that after all the inside leaks we've been seeing the last couple years? 😂😂😂 what a clown

[@jellojiei6061]

The example she gave with Kraft henizs was wrong, and misinformation at best and slander at worst. But that, was on a different interview. The stats show an increase in the profit margin as like less than one percent. I can’t remember the exact numbers off the top of my head.

[@paulevans4905]

Defense contractors gouge the taxpayers daily with no questions asked, and with congresses blessing.

[@jellojiei6061]

@@paulevans4905 yeah, and those prices are negotiated by the government. Also right now the US is paying more on the interest for federal bonds then the military budget per year.

[@eoinocnaimhsi2598]

Real journalism right there. These guys deserve a big audience. Keep it up.

[@sandrasnow3569]

The more the dollar is printed, the less each one is worth. This should be common knowledge. The more the government prints money due to their overspending habits, the more we will have inflation.

[@SyMaija]

kudos to the host for calling out Warren's BS. Typical debate whereas any opposition to the left narrative is not allowed.

[@PL2550Dolphins]

😂 I love her question to him @2:23 ... You can immediately see in his face @2:52 the seething anger that came over him with her response. Agree or disagree, at least they are proposing a solution whereas the convicted felon is spewing lies with racist hate mixed in.

[@sinisterkitty8411]

I keep waiting for someone to offer an alternative solution, but they never do. Cause its all working out so great as it is I guess...

[@Jackson-l3r]

Thank you!

[@DicksonMaimouth]

Wow! This guy really doesn’t want to hear the answer to his question.

[@Nitrousedstang]

You mean Elizabeth "lying" Warren being inconsistent and lying thru her teeth. Yes blame price gouging, even tho theyr not gauging the prices.

[@OrlandoStreets]

She was filibustering. We heard her answer.

[@DicksonMaimouth]

@@OrlandoStreets Ha! He asked the question, didn’t like the answer she was giving, then started talking over her and playing the victim. The usual suspect.

[@OrlandoStreets]

@@DicksonMaimouth Not at all. Warren gave an answer she had given before that had been debunked long ago.

[@DicksonMaimouth]

@@OrlandoStreets Ha! He’s clearly hurt by her answer. You are too-clearly. 😂🫵🏽

[@stefandavenport1588]

Min 3:40 on... Many Corps used this excuse to raise prices, and openly admitted to this on business channels like this. ThX Senator Warren.

[@victorc8028]

This Joe guy should calm down and be more rational, the senator is more reasonable here

[@I-Dcompany]

Prices are not high because of businesses making a buck. Prices are high because there is much more money than natural circulation due to printing. The Dollar loses it's overall value as a result. That less value leads to price increases not due to supply and demand, but instead because overall value is matched to the state of the lesser value to avoid deficit. This is not a factor of greed, this is a factor of running a damn business. Have you people noticed how many companies over past few years have had record losses and some filed bankruptcy all together

[@TheoinNorway80]

Then blame the consumers for buying products at absurdly high prices!!!!

[@rigil5477]

*#CNBC** the US House of Representatives needs to get to work.*

[@alex182618]

When the government regulates prices, many goods and services simply become unavailable. Open market and competition regulate prices.

[@rlud304]

We don’t have an open market and competition, genius. We have an oligopoly. No one needed your useless take from the peanut gallery🤦🏻‍♀️

[@shlepmessing8703]

@@rlud304 Yes we do. You can choose to shop somewhere else or do without.

[@gunkulator1]

@@shlepmessing8703 You only listed one half of the market, the consumer side. Oligarchies keep an iron grip on the supply side. That's how they get away with price gouging.

[@rlud304]

@@shlepmessing8703 How do you choose to go without food? It’s just not okay to be this useless 🤦🏻‍♀️

[@shlepmessing8703]

@@gunkulator1 Price "gouging" isn't new. Every company on the planet tries to be as profitable as it can be. The reason pro athletes keep making $50M a year is because we keep paying to see them. If we stopped going to games tomorrow, that would end. Starbucks couldn't charge $5 for a cup of coffee if we stopped going there. Supply and demand is dictated by demand and we, the consumer, dictate that.

[@justtere]

I am proud to say Senator Warren is my Senator.

[@fcukjo3b1d3n]

She's been lying her whole career and now she's upgraded to gaslighting.................. well attempted gaslighting I should say

[@cutehumor]

Joe said raise social security to age 70 to 75. 😂😂😂

[@RowdyLpx]

Republiecans said raise retirement age from 75 to 85 🤣🤣🤣

[@shlepmessing8703]

@@RowdyLpx How about you stick to using words you can spell?

[@sinisterkitty8411]

Yeah that will be great for factory workers and manual laborers. If it's such a fab idea, Republicans should be screaming it from the rooftops instead of burying it in budgets.

[@baronvonraschke77]

​@@shlepmessing8703It's hard to compose coherent sentences using only 3 letter words, so give him a break!

[@shlepmessing8703]

@@baronvonraschke77 Fair point.

[@chrismuller2780]

If you have a money printer, like the government, then ask yourself, "what would give the person with the money printer the most power and influence over other humans?" Answer: make sure they don't have enough money, so you can dole out the money printed by your money printer in exchange for "favors" from your fellow humans.

[@kellywillis5530]

Price gouging is being done because there is no competition, the food industry is concentrated in the hands of a few companies, so they use software to collude. This guy is being disrespectful and intolerant, a perfect example of mansplaining.

[@Ellerich800]

I can't believe I paid $16 for two tacos and a burrito at Taco Bell.

[@anonymous-kz9hw]

Your wrong silly. The problem is never really that simple. Bartering has always been in our economy and yes its called competition. This is not competition! This is cross the board price hikes. When you pay more for food, shelter and clothing? When you pay more for insurance and other products? Do you not realize these things are also required as a part of running a business? Property taxes? Property insurance? Higher price in buying the products to serve you? Do you actually believe they slaughter their own chickens and pigs and garden right there behind Kroger? Get real plz. There's more to running a business than picking it from the counter after you lay your money down and walk out the door lol. They need to sit down and look at the big picture! Don't want to go to the store and see unbelievable low prices (thank God for Kamala) only to find out next month stores closed due to unable to pay their bills! Saw that enough during COVID!

[@mochutasull739]

Teachers Union are gouging students with high tuition debts, that is for sure. Crickets 🤫. Make the teachers refund the money, not taxpayers.

[@catmanjones8789]

Crazy how she can't just say to him, Well, you're wrong

[@KathleenSnellenberger]

Where has she been the last 3-1/2 years.

[@felicerobinson5816]

Reading probably and learning

[@rlud304]

She’s a senator. So.. the US Senate? Does that help answer your question?

[@gunkulator1]

uninvited on this program because the host is afraid of her

[@luisaragon4478]

And if more stores price gouging we have laws against that already.

[@Shipley113]

Finally the media is asking the tough questions

[@vic8189]

Be wary when people use percentages to make their point. Example: If a City official says murders are down 100%, but in 2022 there were 2 murders and in 2023 there was 1, that would be true that murders are down 100% but the point being made has less of an impact because the difference is actually small.

[@sbar39]

She's right since the pandemic the prices have gone up. Have not gone down

[@Ellerich800]

We have a cost of living crisis because the U.S. debt has increased $11 trillion dollars in the past 8 years.

[@arthurfoyt6727]

But she/Biden printed trillions in new "money" that caused that rapid inflation. Blaming mom&pop grocery stores is just immoral as it is dishonest.

[@anonymous-kz9hw]

Kicked me off lol. Prices went up due to break in supply chain and lock downs during in COVID. People work to make products to sell. Inturn ppl salary allows them to buy products. Thus dumping money back into economy. It's basics Warren. Economy 101 supply and demand. There's nothing wrong with taking care of planet earth. We all have to live here right? The problem is the initiation process (heavy regulations first ). When you have a vision of building a new house? Do you build the roof, then the interior and then the foundation? Even prefab houses must have a solid foundation built first. Otherwise they're not considered homes. They have all these crazy ideas but no real long term solutions. Like dumping money on ppl during COVID so ppl could pour it back into economy to stabilize markets. Dumping money into businesses for green deal (buying union leaders. especially auto). They forgot demand needs to be present? Well need is present if you throw in regulations! Just don't think they really plan these things properly. Energy grid first, then products that work and only if economy is stable enough to support the transition!

[@LunarTikOfficial]

*Because of democrats horrible inflation.. How stupid are you?*

[@arthurfoyt6727]

​@@anonymous-kz9hw The government forced lockdowns. The government printed trillions in paper money making it worth less. The government is not prosecuting shoplifters. The government is mismanaging funding (Solyndra) for energy projects. EXCUSE ME if I don't want more government help.

[@openmindchannel1978]

I agree that there should be legal ways or laws in place to control the why and when these corporations and companies increased prices. There should be legal, make sense, irrefutable reasons that can be proven legally the why they increased their prices. Same should be for housing, vehicles prices, medications, insurances, gas etc . Because, there is no way our pay never gets increased for the same reasons they used to increased prices..

[@50.in.07]

How democrats debate in a nutshell. Talk over you until you give up.

[@BTNAILS]

And they call Freedom of Speech.

[@tokesalotta1521]

They want price controls on the most competitive markets but not for the monopolistic industries like medical and education? Regulations allow universities and healthcare providers to make huge profit margins. Look at how much prices in those industries have increased ove the years.

[@wusup9988]

Kelly is a professional. Joe is a bumbling hothead who hates on anyone who has a different point of view. It's time for him to go CNBC.

[@TheGuitarded1]

She talks _forever_ about a single point. Then when he tries to respond she snaps "Let me finish!" 🙄

[@Kenneth-t3u]

Trump at the border while kamala is a bag of wind

[@edhorton2766]

So, is Trump now ready to let the Lankford negoriated Border Deal go through? Republicans got most everything they have wanted, and Trump said, "No deal, I want the issue."

[@FrederickCasa]

Why is this only six mins 😭

[@fire-n-rain]

This interviewer is awful! I stand with the Senator!

[@kenfrankel3498]

Joe K. Watch u every morning. You rock!

[@steveorloski350]

This is the Democrats. Just keep talking over the host.

[@gunkulator1]

If the host doesn't want guests to speak, don't invite guests. Just have a podcast and lecture away.

[@annunciataparchesi1832]

Are you freaking kidding?! The host talked over her and wouldn't let her answer. The idea is for the guest to speak, not for the host to grandstand.

[@lucanidae100]

That plan will not work. Prices are determined based on algorithms of how much can you afford. Their plan is a waste of time.

[@paulzap6102]

In the state of Florida, if a state of emergency is declared due to a hurricanes or other weather event, People will hoard all the water on store shelves. It is unlawful for a store to raise prices on emergency supplies in anticipation of said weather event. Otherwise lumber companies would double the cost of plywood , etc. Its not the governments job to regulate the price of Goya beans or Eggs! Those are the policies that cause huge bread lines in communist countries! Monetary policy and the de-criminalizing of shoplifting has more to due with high prices in grocery stores than Price Gaging! I love the way she knows its only a 6 minute interview and basically wants it all for her monologue and doesn't allow Joe Kernan a chance for rebuttal. Great job Senator!

[@rameseslabs7690]

The lack of basic knowledge of supply and demand by our "leaders" is very disturbing.

[@johnwhite5306]

They know, they want power of businesses. This is all about power.

[@I-Dcompany]

Well I kinda agree but I see it more as a lesser value of the US Dollar factor way. Prices increase to avoid deficit. Meh either way they're the complete problem why we find ourselves here

[@eileenquijano5833]

Hear, hear!

[@willspeakman2461]

Maybe she should stop attacking Bitcoin if she is so concerned about price increases.

[@PyewacketCharmer-w6m]

What I know is that Walmart has raised prices up to 100%. Be fore the pandemic, I used to buy a 4lb 93% fat free package of ground beef for around $15.00. As of this week, that same package of ground beef shot up to $29.87. That’s double the price. Why? Eggs are not much better. I used to buy a carton of 18 e tea large eggs for less than $3.000. Now that same carton is $5.73. That’s almost double the price. We’re being price gouged to death. I don’t know how American families can afford to feed their families. The government needs to do more to lower prices.

[@carolynallard97]

They raised prices when there was a supply chain issue. When that issue was resolved, they never lowered the prices! That is THE issue!

[@PyewacketCharmer-w6m]

@@carolynallard97 We used to have a supply chain issue, but that is no longer the case. Now, it’s just greed. Plain and simple.

[@GenomiMontavani]

@@PyewacketCharmer-w6m I think you misread her comment, that's exactly what she was saying, they never actually reduced prices once the supply chains normalized, and instead raked in record profits while prices stayed high.

[@bjlfbs8506]

Try going to some other Countries and you might just decide to change your tune and be grateful for what you have. U.S has some of the most affordable food on earth as well as some of the highest wages. I have lived in many different Countries and am shocked at how good we have things back home, but you would not know it to hear everyone complain.

[@PyewacketCharmer-w6m]

@@bjlfbs8506 I don’t need to go anywhere else because they have it just as bad if not worse. High corporate profits are the main cause of everything being over priced. People, get informed. Watch videos in the causes of inflation. They want you to think that Biden and his policies are the problem. They also claim that you are making too much money. If you just got paid less, things would be just fine. Get informed. Stop being so gullible. We are being priced gouged to death. There is a reason why the government is suing some of these corporations. They are stealing our money.

[@MM-sf3rl]

As an industrial electrical salesman in 2021, after the first year of the COVID pandemic, our manufacturers we represented were posting +20% sales profits. It was simple economics; the higher the price, the more profits. It took years for the prices to come down. Not due to continued material shortage, but due to the mind set that they were still hurting due to COVID supply chain issues. Far from the truth. So far, there has been no race to the bottom in pricing. Just more profits.

[@johnjaybonstingl9007]

Who is this guy? What a rude man!

[@davidj.9198]

Joe is the best in the economic news business along with Maria Bartoromo. Exposed this socialist buffoon

[@chads.1880]

Props to the host. 👏

[@Lol-dk5kj]

It's high inflation from money printing Elizabeth, not price gouging! Stop blaming food companies and blame the Democrat government!

[@GwendolynWilliams-e1m]

The companies can raise their price. You are not that bright.

[@Lol-dk5kj]

@@GwendolynWilliams-e1m Of course any company can raise their price. If a company's expenses have gone up due to inflation, then of course they're going to raise their prices in order to stay profitable. When most company's are raising their prices, you think it's because each one just decided they wanted to make more money?

[@GwendolynWilliams-e1m]

@@Lol-dk5kj money isn't printed because of inflation/ texting and saying nothing means nothing.

[@Lol-dk5kj]

When you have a huge amount of money printing, the result is high inflation. I think you would agree that Elon Musk is one of the brightest people alive today. He is of this same understanding which he posts in his X account. This direct link with money printing and high inflation is well documented by economists.

[@buddysmith7462]

I travel less than 4 miles round trip to go back and forth to work and my vehicle insurance is over $200 per month,, for liability.. I work in town, so if i go to grocery store it's still less than 4 miles round trip if that isn't price gouging i don't know what is

[@FunnyChihuahua-rt3zw]

😢 0:00 oh yeah tried 298 a month with the perfect record safe driver in my insurance is that much

[@Ellerich800]

Could it be that to repair a car costs more now than before? Could it be that cost not price is the issue? Could it be that the U.S. debt increase by $11 trillion in eight years has created a cost of living crisis?

[@pastorjamesmiller]

A lying politician at her best

[@suigeneris2663]

Her answer to Harvard students getting gouged is for regular people to pay her salary.

[@saundrabarlow5630]

Price gouging means charging high prices for things like water during a crisis situation. Warren is just ignorant.

[@donacantillo]

You're the one who's ignorant. Price Gouging happens even after the crisis. That's exactly what happened after the pandemic. Oligarchs wanted to get the profits they lost in the COVID pandemic 🙄😒

[@saundrabarlow5630]

@donacantillo that was the governments fault for shutting everything down against the will of the people. It never would have happened if blue states weren't run by imbiciles. States that didn't close down did fine. And that's not price gouging. That's called free enterprise.

[@annsullivan-cross8191]

Um, that's what she said. She just used hurricanes and fires as an example. Ignorant? No.

[@I-Dcompany]

​@@donacantilloPrices increase to avoid deficit because the dollar has lost value. It's called idk.... hmm RUNNING A DAMN BUSINESS. YOU'RE AS IGNORANT AS THE PEOPLE WHO THINKING INCREASING MINIMUM WAGE DOES ANYTHING

[@pugachevskobra5636]

Genuine question; what are you talking about, you absolute simpleton?

[@alisonlara4041]

SS is not an entitlement, we paid into it

[@Cee-i4p]

So a price gouging plan to combat more democrat induced taxes? What a joke.

[@mochutasull739]

Democrats are gouging taxpayers for sure. Pay for this, buy me this, pay for that.

[@professorags5852]

Big time props to Kelly Evans 👍👍👍

[@Andrew24711]

Fire Joe ! He is terrible at this job. Let him do a podcast or something.

[@cusecrypto3914]

Thank you Joe! You always fight the good fight against this nonsense.

[@jimfromm3981]

"It's not price gouging that's the issue" from an elitist talking head who has no idea of the challenges and costs associated with being an American blue-collar worker. Greed permeates everyone who spends their entire day pontificating about money.

[@MinimalistCapitalist]

Buddy, the money supply went up 40% after them shutting down the economy and crushing supply. Research how deficit spending works in a fractional reserve system, and what QE does. Even companies that have better margins, that is strictly a function of supply/demand. The fault lies 100% with government and the central bank. During WW2 people were saying the same thing you are now after government printed money out of control to fund it. They then implemented pricd controls, which caused food shortages, and when they removed the price controls inflation just shot up anyway.

[@MK-qm4cx]

price gauging isnt the issue, its inflation and debasement of the dollar via money printing thanks to warren, gensler, biden and harris. They are trying to blame it on price gauging which is just false ,the reality is that our dollars are really worth that much less. If you combine inflation and money printing (increased supply of dollars) the value of our dollar is now going down 14% per year thanks to them. grocery stores have the thinnest margins of almost any businesses. grocery stores had to deal with inflation, increases in fuel costs, increases supply chain costs etc all due to the lefts policies. warren is lying through her teeth. they refuse to take accountability for what they have done to the economy / the dollar nor provide any plans on how they are going to fix it. they just hustle uninformed (left leaning) voters with made up talking points like this "price gauging". Do you realize that thanks to these people 80%of ALL us tax dollars last year went to pay for just interest on the national debt? thats right, only 20% of tax dollars went to the our country and about a quarter of that went to migrants. Warren is also the driving force behing gary gensler and biden administration selling all of americas bitcoin right now at rock bottom prices 2 days after both trump and rfk announced plans to erase the national debt thought our enormous bitcoin reserves. they are selling it now to make sure we stay in debt. Dont you get it? warren/gensler/biden/harris work for the federal reserve/bankinig elites. there goal is to keep america in debt and bleed us all dry. Price controls on groceries lead to less production and shortages which leads to even higher prices and they know this. wake up.

[@MK-qm4cx]

my reply to your comment was deleted within 30 seconds. If you happened to see it before it got deleted, you should now understand the reality of what is going on- evidenced by the fact it was somehow instantly deleted. What could the reason possibly be? smh.

[@OrlandoStreets]

The example Warren gave had been debunked long ago. She's not interested in solving the problem.

[@xcqematic1]

So the solution is government controlled pricing? Study some history

[@walterbehr415]

The issue of price gouging may be better kept on a local level. As Warren says 2 dozen states already have price gouging laws. Others on this thread have discussed the Warren Act, a federal law already in place. My concern with politics today is a national law would used during election times for incumbent parties to artificially keep prices low, just so they could get re-elected.