Harris’s economic vision
Good morning and welcome to US Election Countdown. I'm Steff Chávez, the FT's Washington reporter. Today we’re looking at:
Kamala Harris is laying out her economic vision for the US — and hoping voters will be keener for her economic leadership than Joe Biden’s.
Harris will try to avoid association with negative perceptions of the Biden economy and the impact of inflation on voters’ personal finances. She has an opening here, and it could prove easier for her to defend the Biden administration’s policies than the president himself [free to read].?
With inflation continuing to fall from the 40-year high it hit in 2022 and the Federal Reserve preparing to lower borrowing costs, Harris has entered the race with an improved set of economic circumstances. If she’s able to harness this momentum, she could also fuel optimism about her plans for future growth.
Biden struggled to convince voters that the economy performed well under his watch, even though he oversaw the country’s exit from the worst economic contraction since the Great Depression and presided over record jobs growth.?
While Harris has embraced the most popular parts of Biden’s plans — current and former administration officials say she’s expected to push ahead with investing in the manufacturing sector, bolstering infrastructure and incentivising green energy policies — she’s carving out her own focus area too. . . . Register for the FT to keep reading the newsletter for free.
Security Officer.
6 个月Does she know the value of the U.S.DOLLAR?
Experienced Freelance Developer with expertise in Access, Excel, (MS Office) Database Development, VBA and JavaScript for MS Office and Google platforms.
6 个月Kamala's economic plan is a reckless and disastrous approach driven by extreme liberal policies. Ask any economist, capping prices may seem like a solution to inflation, but it leads to supply shortages, empty shelves, and long lines, ultimately harming consumers. Additionally, offering $25,000 down payments to first-time homebuyers is inflationary, artificially boosting demand and driving up home prices, making housing less affordable and worsening the country's debt crisis. This is just an amateur making more bad policies. Politicians who offer giveaways to buy votes are engaging in nothing more than shameless bribery, betraying the public trust for their own gain. This cynical tactic not only insults voters’ intelligence but also undermines democracy by prioritizing short-term handouts over meaningful, long-term solutions. It’s a disgraceful display of greed and manipulation that erodes the integrity of the political system and leaves the nation worse off in the end.
MSc in Finance Student @ EDHEC ｜CFA Level III candidate｜ Professional Data Analyst
7 个月If the democrats really want to beat Trump, they should have chosen a stronger candidate. Harris is a disaster, even worse than Biden
Therapeutic Coach | Psychotherapist (MBACP) | Executive Coach | Career Coach | Talent Development Expert | OPQ and Hogan-accredited | Customer Assistant | Author | Learning and Development Facilitator |
7 个月.. it will be fantastic for America to have their first female president
Open Innovation Product Developer
7 个月WHERE ARE THE POLICIES TO CHANGE ALL POOR 'COMMUNITY SHE MAKE SURE THOSE PEOPLE ON HER WATCH WILL NEVER HAVE HOPE. REMEMBER THAT LIE KEEP HOPE ALIVE. WITH NO POLICY THERE'S NO HOPE.THERE'S NO CHANCE. THAT'S WHY IT'S FUNNY.