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‘That’s Not How You’re Going to Solve Inflation’: CNBC Host Calls Out Pete Buttigieg to His Face


REPORTED BY NICOLE SILVERIO, MEDIA REPORTER | May 16, 2022

Read more at https://dailycaller.com/2022/05/16/biden-inflation-cnbc-squawk-box-andrew-ross-sorkin-pete-buttigieg/

CNBC's Andrew Ross Sorkin and Transportation Sec Pete Buttigieg
[Screenshot/Rumble/CNBC]

CNBC host Andrew Ross Sorkin confronted Transportation Secretary Pete Buttigieg on the administration’s plans to tackle inflation during Monday’s “Squawk Box.” Sorkin brought up the issue of the administration’s plans to raise corporate taxes in light of President Joe Biden’s tweet Friday urging that “the wealthiest corporations pay their fair share” in order to bring down inflation. The host then pressed Buttigieg, arguing that corporate taxes and inflation are two separate issues for the most part.

“Yes, in the immediate term, maybe it will have some impact on inflation,” Sorkin began. “But corporate taxes is a long-term issue, you either do it because you think it’s the right thing to do or the wrong thing to do, not because you’re trying to deal with inflation right this second.”

“A lot of it is what you’re going to do with the revenue and again, we have an agenda to use tax revenue on things that are going to ease inflationary pressures,” Buttigieg replied. “But also, we have a very clear contrast right now. You have Senate Republican proposals that are about raising taxes on the poor and middle class, and you have the president’s worldview, which is shared by the majority of Americans, that if anybody needs to be carrying more of the load right now, it is the wealthiest corporations that have become extremely profitable—”

“That’s not how you’re going to solve inflation,” Sorkin interjected. 

“Hold on, this is really important. Corporations that have invoked inflation as an excuse to keep prices high in ways that are not just reflected by the supply picture and are pocketing the difference,” the secretary continued.

Multibillionaire Jeff Bezos debunked Biden’s calls to raise corporate taxes, calling the “mushing” of tax rates and inflation “misdirection.”

“The newly created Disinformation Board should review this tweet, or maybe they need to form a new Non Sequitur Board instead,” Bezos said. “Raising corp taxes is fine to discuss. Taming inflation is critical to discuss. Mushing them together is just misdirection.”

The newly created Disinformation Board should review this tweet, or maybe they need to form a new Non Sequitur Board instead. Raising corp taxes is fine to discuss. Taming inflation is critical to discuss. Mushing them together is just misdirection. https://t.co/ye4XiNNc2v

— Jeff Bezos (@JeffBezos) May 14, 2022

Inflation reached its quickest uptick since December 1981 after soaring 8.5% in March. The price of fuel reached a new all-time record of $4.37 per gallon Tuesday.

CNBC host confronts Dr. Fauci about breakthrough cases and why the CDC no longer tracks them


Reported CHRIS ENLOE | October 05, 2021

Read more at https://www.theblaze.com/news/cnbc-host-confronts-fauci-breakthrough-cases/

A CNBC host confronted Dr. Anthony Fauci recently about the frequency of so-called “breakthrough” COVID-19 cases in people who are fully vaccinated. Public health officials have been touting the efficacy of the COVID-19 vaccines for nearly a year now — and for good reason. The vaccines are more effective than first believed, especially considering scientists developed the vaccine less than one year after sequencing COVID-19’s genetic code. The exact number of breakthrough cases, in fact, is not even known. The Centers for Disease Control and Prevention stopped tracking that data in May. The agency has continued, however, to track hospitalizations and deaths among the fully vaccinated crowd. As of Sept. 27, the CDC reported “22,115 patients with COVID-19 vaccine breakthrough infection who were hospitalized or died.”

During an interview on “Closing Bell” Friday, host Sara Eisen confronted Fauci about breakthrough cases, asking him if the government is being “too casual about the limitations of the vaccine.” Eisen was asking because she contracted COVID-19 despite being fully vaccinated. She said the virus had recently spread through her “entire family.”

In response, Fauci cited data that say unvaccinated people still remain most vulnerable to hospitalization or death from COVID, and the vaccination protects most people from a severe outcome if they contract COVID-19. Fauci told Eisen she should not “confuse” the “overwhelming benefits of the protection of vaccines” with occurrences of breakthrough cases.

But Eisen pushed back. Noting the CDC no longer tracks breakthrough cases, Eisen asked Fauci directly: “How do we know that [breakthrough cases are] happening to a small proportion and how do we know that they are tending to be mild?”

Fauci, however, did not directly answer the question, instead promoting booster shots before contradicting what the CDC has said about how readily vaccinated people transmit COVID-19.

So, in answer to your very appropriate question about if you get vaccinated and you get infected, is there less of a chance that you will be transmitting it to someone who is unvaccinated or someone who is vulnerable? The chances of doing that are diminished by being vaccinated and even further diminished, according to preliminary data we’ll wait to see the real fundamental core of the data, but it looks like that extra added of protection from a boost will be very valuable.

Contrary to what Fauci said, the CDC has not said the chances of people transmitting COVID-19 have “diminished” if you are fully vaccinated. In fact, the CDC says that fully vaccinated people can transmit the virus as readily as unvaccinated people. Current CDC information states that viral load of the Delta variant is similar for vaccinated people and unvaccinated people — meaning both are similarly contagious. The agency, however, says vaccinated people are contagious for less time than unvaccinated people.

“For people infected with the Delta variant, similar amounts of viral genetic material have been found among both unvaccinated and fully vaccinated people. However, like prior variants, the amount of viral genetic material may go down faster in fully vaccinated people when compared to unvaccinated people,” the CDC explains. “This means fully vaccinated people will likely spread the virus for less time than unvaccinated people.”

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