Brian Cornell, the CEO of retail giant Target, has slammed claims by Kamala Harris and other gaslighting Democrats that retailers have been “price gouging.” The Democrat presidential nominee and her allies have sought to deflect blame for crushing inflation in the Biden-Harris economy away from the administration’s disastrous economic policies.
Rather than admit to the problem and offer solutions, Harris is trying to gaslight voters into believing that consumers are being hurt by retailers raising their prices to boost profits.
He also said that raising corporate taxes, which Harris supports, would hurt businesses.
“Is there a more competitive space than retail?” “We’re celebrating this morning, the fact that we delivered a margin rate of over 6%,” he said.
Last week, Harris announced that her plan to combat inflation was to implement communist-style price controls.
“You talk to other CEOs who are delivering up income of 20%, 30%, 40%, 50%,” he continued.
“It is a penny business, and it’s a very competitive space, and we provide the value consumers are looking for,” he added.
https://slaynews.com/news/target-ceo-shreds-kamala-harris-claim-retailers-price-gouging/
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