Neil Cavuto and Gene Sperling argue over grocery prices

CONNECT WITH THE AMERICAN PEOPLE FOR WHOM MANY SHE IS A STILL A BLIND STATE. JEAN SPERLING IS JOINING US NOW, HE HAS SERVED ON THEIR MANY PRESIDENTS. GENE, VERY GOOD TO HAVE YOU. WHAT'S AT STAKE FOR HER TONIGHT, SHE HAS TO SPELL OUT NOT ONLY HER ECONOMIC VISION WHICH IS YOUR SPECIALTY BUT IT'S A DELICATE DANCE, BECAUSE A LOT OF AMERICANS ARE FEELING THE RECOVERING SHE'S TALKING ABOUT. >> IT'S INTERESTING YOU SAY THAT BECAUSE WHEN YOU LOOK AT HER FIRST ECONOMIC SPEECH, ONE OF THE THINGS SHE DID WAS SHE DID NOT SPEND A LOT OF TIME GOING THROUGH WHAT SHE COULD HAVE, THE VARIOUS ECONOMIC FACTS OF LIKE, LOTS OF AREAS OF INFLATION ARE COMING DOWN. WHAT SHE SAID AND STAN WAS, I GET YOU. AND I AM GOING TO BE A PERSON WHO TAKES ON POWERFUL INTEREST TO LOWER THOSE PRICES, WHETHER IT'S PEOPLE DOING THE VARIOUS THINGS TO KEEP GROCERY PRICES FROM COMING DOWN. OR TAKING ON BIG PHARMA TO LOWER PRESCRIPTION DRUG COSTS, OR TAKING ON BIG OIL. SHE MADE A VERY STRONG MESSAGE THAT SHE IS FOCUSED ON HOW PEOPLE ARE FEELING AND TAKING CONCRETE ACTION TO LOWER THEIR COST THAT ARE MAKING PEOPLE STRUGGLE RIGHT NOW. >> Neil: DO YOU REALLY THINK THAT SOME OF THESE FOOD COMPANIES ARE DOING CENTRE THIRST -- SINISTER THINGS LIKE RAKING PRICES. YOU KNOW, JASON FIRM WAS AN ECONOMIC ADVISOR AS WELL TO BARACK OBAMA AND SAYS ITS MORE ABOUT SUPPLY AND DEMAND, THAT THIS IS NOT A SENSIBLE POLICY. REFERRING TO WHAT KAMALA HARRIS INTRODUCED, AND THE BIGGEST HOPE IS [ INAUDIBLE ] >> THAT'S COMING FROM A OFFICIAL WHO SAID -- >> HE'S WRONG, PUT IT -- LISTEN, LET'S STAY WITH THE INITIAL QUESTION ABOUT WHAT HE IS DOING TONIGHT. I CAN GO THROUGH THE DETAILS OF BUT WHY SHE'S FOCUSED ON THE VARIOUS ACTIONS, IT'S NOT ABOUT CONTROLLING PRICES. BUT THE MORE IMPORTANT THING SHE WILL DO TONIGHT IS TALK ABOUT HER BIOGRAPHY, WHO SHE IF, WHO SHE FIGHTS FOR. AND WHAT SHE SEE -- WHAT YOU WILL SEE AS AN ATTORNEY GENERAL, TOOK ON POWERFUL INTEREST TO HELP MIDDLE-CLASS FAMILIES, PEOPLE BEING HURT. AND WHAT SHE IS DOING IN HER ECONOMIC SPEECH AS WELL IS LETTING PEOPLE KNOW, I WILL NOT HESITATE TO TAKE ON A MAJOR CORPORATE INTEREST THAT IS TAKING ADVANTAGE OF YOU, AND EXPLOITING PRICES. >> Neil: BUT THAT -- GENE THAT IS NOT HAPPENING -- GENE, GENE. PLEASE -- BUT TO BLAME IT ON FOOD COMPANIES -- I KNOW GENE BUT ON THE FOOD THING, YOU KNOW IT'S WRONG. [ Simultaneous Talking ] >> Neil: DO YOU THINK THAT'S WISE [ INAUDIBLE >> NEIL, THANK YOU BUT YOU JUST MADE UP STUFF. YOU DIDN'T LISTEN TO THE WORDS SHE SAID, WHAT SHE SAID IN THAT SPEECH WAS FIRST, I WILL WORK WITH BUSINESS TO WORK FOR TOP AMERICAN GOALS LIKE AFFORDABLE HOUSING. SHE ANNOUNCED A NEW TAX GOT. >> Neil: SHE TALKS ABOUT PRICE GOUGING, THAT'S WHAT I'M TALKING ABOUT. CAN YOU PLEASE JUST ANSWER MY QUESTION, SHE TALK ABOUT PRICE GOUGING. I ENTER ON -- I UNDERSTAND THE OTHER SIDE YOU MENTIONED. [ Simultaneous Talking ] >> Neil: DO YOU THINK FOOD COMPANIES ARE PRICE GOUGING?! GENE, I'M NOT LYING IN. DO YOU THINK PRICE GOUGING IS GOING ON?! >> NEIL, I DO THINK THAT THERE ARE NO VARIOUS ACTORS IN CRISIS WHO HAVE TAKEN ADVANTAGE OF THINGS AND I THINK IT'S WORTH LOOKING AT THE FACT THAT CHRIST -- PROFIT MARGINS IN THE BEGINNING OF THE YEAR WERE AT THE HIGHEST LEVEL IN 20 YEARS. IF YOU LISTEN TO WHAT KAMALA HARRIS SAID IN THAT SPEECH, SHE SAID MOST COMPANIES ARE GOOD HONEST BUT THERE ARE BAD ACTORS AND WHEN THERE IS BAD ACTORS WHETHER THEY ARE CORINTHIAN, A COMPANY THAT TOOK ADVANTAGE OF STUDENTS IN THE WHITE TRUMP UNIVERSITY. OR PRESCRIPTION DRUGS COMPANIES THAT RAISE PRICES OR GROCERIES THAT MANIPULATE PRICES, SHE UNLIKE DONALD TRUMP IS GOING TO BE THE CHAMPION -- >> Neil: FAIR ENOUGH BUT DO YOU THINK IT IS WISE TO -- DO YOU THINK IT IS WISE TO POINT FINGERS AT OTHERS WHEN A LOT OF IT COULD'VE COME INNOCENTLY OR NOT FROM THIS ADMINISTRATION OF WHAT SHE HAS BEEN A KEY PART, AND A LOT OF THE SPENDING INITIATIVE HAD A HABIT OF -- DO YOU THINK THAT'S POSSIBLE?! >> NEIL, IF YOU ACTUALLY LISTEN TO HER SPEECH AND AS OPPOSED TO WHAT YOU WERE SAYING SHE SAID. >> Neil: I LISTEN TO THE WHOLE THING -- I HAVE A COPY OF IT HERE. >> RIGHT, NEIL. AND DID SHE OR DID SHE NOT SAY, MOST COMPANIES PLAY BY THE RULES BUT THERE ARE SOME WHO DO NEFARIOUS ASK. WE HAVE -- THERE ARE 40 STATES, 40 STATES, NEO. BLUE STATES IN RED STATES THAT HAVE FOUND IT NECESSARY TO HAVE A GOUGING LAW, NOT BECAUSE THEY THINK THAT EVERYTHING THAT HABITS IS DUE TO BAD BEHAVIOUR. BUT BECAUSE YOU WANT TO HAVE DETERRENCE AND THE ABILITY TO TELL LARGE COMPANIES, YOU DO NOT BUY UP WATER BOTTLES IN THE MIDDLE OF [ INAUDIBLE ] IF THERE'S A NEW STRAIN THAT SCARES US OFF ON SOME DRUG, YOU DO NOT WANT TO COMPANY BUYING UP ALL THE MASKS AND THEN CHARGING $25 FOR EACH ONE. THERE IS VIRTUALLY NOBODY IN THE AMERICAN PUBLIC THAT THINKS THAT'S AN ACCEPTABLE THINK. >> Neil: IS THERE ANYBODY IN THE AMERICAN. [ Simultaneous Yelling ] >> AS SHE HAS DONE AS ATTORNEY GENERAL -- [ Simultaneous Yelling ] >> WHO HAVE RIPPED PEOPLE OFF ON GROCERY PRICES, SHE IS GOING TO BE THE CHAMPION MIDDLE-CLASS AND SHE IS