Greg Gutfeld took Kamala Harris to task over her proposal for price controls, arguing that such measures are economically misguided and unsustainable. During his segment, Gutfeld expressed frustration with Harris’s approach to addressing affordability issues through price caps, asserting that it reflects a fundamental misunderstanding of economic principles.
Gutfeld began by critiquing Harris’s grasp of economics compared to Donald Trump’s business experience. “First, I want to point out something. Jessica said that Trump began as a millionaire and now he’s a billionaire. I think that makes him an expert in this. I would rather listen to somebody who began as a millionaire and is now a billionaire than somebody who doesn’t have a damn clue about economics,” Gutfeld stated.
NEW: Fox News’ Greg Gutfeld absolutely rips Kamala Harris for her economic policy rollout that is being labeled as “communist” by some in the media.
Gutfeld’s rant came after co-host Jessica Tarlov said she likes Harris because of her “middle class upbringing.”
“I would rather… pic.twitter.com/Q6Y4rlhPpB
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He continued to dismantle Harris’s proposal by highlighting what he sees as her lack of practical understanding. “I’ve never heard a candidate today more unsure of themselves on a topic than Kamala Harris. I think she’s been burdened by the weight of expectations put on her by the media. I’ve never seen a better campaign ad for Trump. She’s campaigning better for Trump than Trump is.”
Gutfeld also criticized Harris’s failure to address the practicalities of her proposal. “Let’s talk about the down payment issue on the house. A lot of this stuff is infuriating because they’re treating the American public like idiots. She makes a proposal that is only half an equation. The first half is here’s a nice thing for you. The second half is missing. Who pays for it?”
He drew parallels with past policies, accusing Harris of repeating failed ideas. “You saw this with student loan theft, described as forgiveness. Who paid for it? You paid for it. You see with immigration policy, who is footing the billions and all that free stuff, you’re paying for it. Nothing is free. Nothing is free. And the sooner or later you figure that out, the better off you’re going to be.”
Gutfeld criticized the notion of price caps, asserting they would lead to scarcity and reduced competition. “If you cap prices, you increase scarcity by diminishing competition. People can call her a communist, but you got to you got to explain this, because the media won’t ask the follow up questions. How do you plan on doing this? Please give me an example.”
He challenged Harris to provide a concrete example of effective price control. “Give me an example where industries got together in a room and decided to drastically increase prices. That doesn’t exist. The only example they’ll have is, you know, a bodega raised prices on umbrellas when it rained. That’s all they got.”
Gutfeld also dismissed the idea of government intervention in setting prices. “There is no payoff for industries to increase artificially inflate their prices, because the people who drive the prices are the consumers. That is, if you want to understand supply and demand. It’s the consumers who drive the prices.”
In closing, Gutfeld denounced the lack of rigorous debate on the topic. “There is absolutely no debate on this. There is not a single economist who would agree that this is the right thing to do… So how do you keep a debate alive? If we know this is a fraudulent idea, you don’t talk to economists. You listen to politicians or talking heads like me, who have to do the research, because I’m sick and tired of hearing people pretend like they know what they’re talking about on TV, but they don’t, so you won’t see economists on other shows, other networks, asking these questions”
He criticized the media for not challenging Harris’s proposals and demanded clearer explanations. “What are the major industries? What is the right price? What is too high, what is too low? Can the government set prices based on not having a knowledge of an industry? What do you mean exactly by price gouging? How is that done? Beyond unique exceptions, price gouging is a weak phrase directed at weaker minds.”
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