Presumptive Democratic Party presidential candidate Kamala Harris unveiled her much-anticipated economic plan on Friday during a campaign stop in North Carolina.
The Harris plan would give about $1.7 trillion in handouts to those struggling in the current Biden-Harris economy and set price controls on groceries.
Kamala made the mess — can she be trusted to clean it up?
From The New York Post:
Her economic plan includes measures to ban federal “price gouging” – stopping sellers from setting unfair prices on groceries – giving out $25,000 to help first-time homeowners with their down payments and up to a $6,000 tax break for lower and middle-income families who have a child in their first year of life.
The Trump campaign has especially taken issue with her price control policies, calling them “communist” and comparing her proposals to those of authoritarian leaders in Venezuela and Cuba.
“When the government comes in and takes over food production and sets prices, that inevitably leads to food shortages and even famines,” economist Kevin Hassett said in a Trump campaign press call.
Economist Stephen Moore added in the call that “the average margin for a grocery store or 711 sell food is between two and three percentage points,” predicting that “many of them will go out of business” with price controls.
“We know that many Americans don’t yet feel that progress in their daily lives, costs are still too high, and on a deeper level, for too many people, no matter how much they work, it feels so hard to just be able to get ahead,” Harris said in Raleigh at her campaign stop.
“As President, I will be laser-focused on creating opportunities for the middle class that advance their economic security, stability and dignity. Together, we will build what I call an opportunity economy.”
“The middle class is one of America’s greatest strengths, and to protect it, then we must defend basic principles, such as, your salary should be enough to provide you and your family with a good quality of life,” Harris said in her speech.
Donald Trump’s national press secretary Karoline Leavitt reacted to Harris’ economic plan on X, saying “SOCIALIST Bernie Sanders endorses Kamala’s communist price control plan!!!”
Sanders reportedly praised Harris’ agenda, saying “Is it all that I would like? No. Is it an important step forward in making our country a fairer and more just society? Absolutely.”
See Leavitt’s X post below:
🚨SOCIALIST Bernie Sanders endorses Kamala's communist price control plan!!!! https://t.co/b7mTYxtYck
— Karoline Leavitt (@kleavittnh) August 16, 2024
Clips of Kamala’s announcement below:
Kamala Harris says this election is about "two very different visions for our nation."
Harris's vision is a Soviet-style communism.
President Trump's vision is a return to opportunity and prosperity. pic.twitter.com/T2AzXGEzPN
— Trump War Room (@TrumpWarRoom) August 16, 2024
Kamala Harris ADMITS "Americans don't yet feel that progress in their daily lives" after nearly four years of Harris-Biden.
Now, she's asking for four more years. pic.twitter.com/RuAmf0JFbj
— Trump War Room (@TrumpWarRoom) August 16, 2024
Why would Americans give #ComradeKamala four more years when her first four years cost the average family $28,000 paying the increased cost of living?
Everything Kamala lists — bills, food, gas, rent — are WAY UP under her and Biden. pic.twitter.com/pTUuT70GwL
— Trump War Room (@TrumpWarRoom) August 16, 2024
KAMALA HARRIS: "When I am elected president, I will make it a top priority to bring down costs."
Why hasn't she done this in her first four years? She's a lying fraud. pic.twitter.com/mLtvV3PTRF
— Trump War Room (@TrumpWarRoom) August 16, 2024
KAMALA HARRIS: I will go into greater detail "in the weeks to come."
Early voting begins in North Carolina in just 21 days.
Kamala doesn't even respect the American people enough to provide details on her policies. pic.twitter.com/Bwi3sN4d8H
— Trump War Room (@TrumpWarRoom) August 16, 2024
More over at The New York Post:
Kamala Harris unveils economic plan — including a whopping $1.7T in handouts, fed ban on grocery store ‘price gouging’ https://t.co/OgZ0R3ohjB pic.twitter.com/hZudt58YvU
— New York Post (@nypost) August 16, 2024