Squawk Pod
Taking on Price Gouging & Understanding Mpox 08/19/24
Aug 19, 2024
Vice President Kamala Harris shares insights on her economic agenda aimed at combating price gouging and supporting the middle class. She hints at possible federal interventions as rising grocery prices, especially eggs, weigh heavily on consumers. Economic advisor Stephen Moore challenges her plans, stressing the historical implications of price controls. The conversation also dives into the spiking mpox cases globally, with Dr. Scott Gottlieb unraveling its origins and spread, raising concerns about public health safety and drug pricing in the current climate.
39:52
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Quick takeaways
- Kamala Harris' economic strategy proposes federal actions against price gouging to alleviate consumer financial pressures, aiming to bolster the middle class.
- Dr. Scott Gottlieb discusses the rise of mpox cases and the importance of understanding its treatment and transmission patterns amid public health concerns.
Deep dives
Kamala Harris's Economic Plan
Kamala Harris has introduced an economic strategy aimed at fostering an opportunity economy, with a particular focus on bolstering the middle class. This plan includes measures such as a proposed federal ban on price gouging for food and grocery prices and significant subsidies for first-time home buyers. Additionally, there is a proposal to restore the expanded child tax credit that was previously available to families. These initiatives are designed to alleviate financial pressures on consumers but have sparked debate about their potential effects on inflation and business practices.
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