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CNBC Sign Falls On Glenn Hubbard During Interview (VIDEO)

WATCH: CNBC Sign Falls On Former Romney Economist
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Economics writer

Things were going well for Glenn Hubbard on Wednesday, until a sign fell on him.

Hubbard, an architect of the Bush tax cuts and an economic adviser to Mitt Romney, had just spoken at The New York Times DealBook conference. But while being interviewed by CNBC, a CNBC sign collapsed on him.

"That's what happens when you criticize the welfare state," he said.

You can check out an animated GIF of the episode below.

Before You Go

CEOs Who Get Paid Significantly More Than Their Employees
10. PepsiCo(01 of10)
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CEO-to-employee pay ratio: 322:1CEO: Indra K. Nooyi(Credit: PayScale) (credit:Getty Images)
9. United Technologies Corporation(02 of10)
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CEO-to-employee pay ratio: 326:1CEO: Louis R. Chênevert(Credit: PayScale) (credit:AP)
8. AT&T(03 of10)
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CEO-to-employee pay ratio: 342:1CEO: Randall L. Stephenson(Credit: PayScale)AT&T said in a statement: "We are an employer of choice providing high-quality middle class jobs with highly competitive wages and benefits that are among the best in America and significantly greater than our competitors’. AT&T benefits are comprehensive and more extensive than those offered by most employers, including our competitors in the cable industry. And in an era when many companies are either curtailing or abandoning benefits, we continue to provide great benefits – including market-competitive health and welfare, pension and savings plans – to 1.2 million employees, retirees and their dependents." (credit:Getty Images)
7. IBM(04 of10)
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CEO-to-employee pay ratio: 349:1CEO until December 2011: Samuel J. Palmisano(Credit: PayScale) (credit:AP)
6. Medco(05 of10)
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CEO-to-employee pay ratio: 431:1CEO until Express Scripts acquired Medco in 2012: David B. Snow, Jr.(Credit: PayScale) (credit:YouTube)
5. CVS Caremark Corporation(06 of10)
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CEO-to-employee pay ratio: 456:1CEO until last year: Thomas M. Ryan(Credit: PayScale)CVS said in a statement: "Our executive compensation is appropriate and in line with industry standards and with the company’s overall performance. We continue to deliver strong financial results in a challenging environment, performing favorably against our peer group on several critical measures including revenue growth and total shareholder return." (credit:AP)
4. McKesson(07 of10)
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CEO-to-employee pay ratio: 537:1CEO: John H. Hammergren(Credit: PayScale) (credit:YouTube)
3. Verizon(08 of10)
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CEO-to-employee pay ratio: 613:1CEO until June 2011: Ivan G. Seidenberg(Credit: PayScale) (credit:Getty Images)
2. Walmart Stores(09 of10)
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CEO-to-employee ratio: 717:1CEO: Michael T. Duke(Credit: PayScale) (credit:Getty Images)
1. UnitedHealth Group(10 of10)
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CEO-to-employee pay ratio: 1,737:1CEO: Stephen J. Hemsley(Credit: PayScale) (credit:YouTube)
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