We need to change that. Baldwin also supports a plan by Vice President Harris to limit inflation by going after companies. That price gouge. Since we have been emerging from the pandemic and the cost of production of these things has gone down for the manufacturers, they haven't lowered their price. And during the same time we saw inflation 14%, corporate profits 75%. So, yes, we need a cop on the beat. And I believe that we should focus on price gouging by empowering the Federal Trade Commission to take action, to investigate and empower them to take action when we see it happening. (03:29–03:50)
CLAIM
Asserts that despite reduced production costs, manufacturers have not lowered prices, leading to 14% inflation and 75% corporate profit increases.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
