أخبار العالم

The only change Kamala Harris offers on Bidenomics is the label


Kamala Harris is “hoping to distance herself from President Biden’s unpopularity on the economy,” her stenographers at Axios report.

Get set for some epic gaslighting, as Harris tries to escape the blame not just for policies she backed these last 3½ years, but core Democratic stances.

In her stump speech, she keeps vowing to bring down grocery bills on Day 1 in the Oval Office — and inflation, too.

But if it were that easy, why not just tell her current partner in crime, the sitting president, how to do it?

The fact is, the Federal Reserve has carried the weight on slowing inflation, by slamming interest rates through the roof . . . and thereby killing job growth and slowing the economy to near-recession levels.

The Biden-Harris contribution has been exclusively on the goosing-inflation end, by putting Uncle Sam on a long-term track of spending $2 trillion more a year than he takes in.

Remember: The economy started roaring back from the COVID shutdowns in the last quarter of 2020.

Then Biden-Harris sought to grab credit for the rebound by ramming through their American Recovery Act, which dumped billions in new spending on an already-hot economy — and so triggered the record-breaking rise in prices, hitting 9% before the Fed began its clampdown.

And while Harris has disowned some of her most extreme past positions, she hasn’t said a word about slowing spending.

She certainly won’t let go of any of the green pork at the heart of the big-spending “Inflation Reduction Act.”

And while she says she no longer wants to end all fracking, she won’t reverse the Biden era war on fossil fuels generally — the freezes on new drilling permits, the regular “no”s to new pipelines, the ever-tighter emissions standards for everything from power plants to factories to cars.

On inflation, all Harris can offer is nickel-and-dime household savings the same as Biden-Harris have been gaslighting voters about for the last two years: Basically pretending it’s all about “shrinkflation,” hidden “junk fees” and other corporate skullduggery.

She says strengthening the middle class will be a central goal of her presidency, but so did Joe.

What, big picture, will she do differently?

Harris has nothing, because the entire Democratic Party has nothing.

The Trump-Vance ticket offers a pretty clear path to the prosperity the nation saw in Donald Trump’s first term, until COVID hit.

Above all, as Trump noted Wednesday in North Carolina, free up America’s energy producers.

We were energy-independent when he left office, with exports booming.

Biden, enforcing his party’s core agenda, turned the curve down.

Cheap energy is by far the best way to boost American manufacturing and the economy generally; it was a huge reason working-class wages rose rapidly under Trump, for the first time in decades.

Other parts of Trumponomics helped: a major war on destructive federal regulations (also reversed once Democrats took over), tax relief (which Harris will end on her watch); pushing agencies across the board to prioritize growth over special interests.

Harris has copied one single Trump proposal: no tax on tips.

Good: Now Democrats can’t block it (even though their “Inflation Reduction Act” included a major IRS crackdown on reporting tips).

But even if Harris wanted to copy the Trump policies that offer major hope for a booming, low-inflation US economy, her own party wouldn’t let her.

Kamala Harris, even if she completely breaks with her Hollywood Democrat past, is literally just a replacement Dem — a (slightly) fresher face on a disastrous agenda.

Any “distance” she offers from Bidenomics is just a new label on the same old, same old.


Source link

مقالات ذات صلة

اترك تعليقاً

لن يتم نشر عنوان بريدك الإلكتروني. الحقول الإلزامية مشار إليها بـ *

زر الذهاب إلى الأعلى