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    Home » Blog » An Invitation to a Recession: Harris Economic Plan Could ‘Shut Down’ the Entire Economy

    An Invitation to a Recession: Harris Economic Plan Could ‘Shut Down’ the Entire Economy

    August 17, 2024Updated:August 17, 2024 US News No Comments
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    Kamala Harris has a strategy. No one really thinks she’s serious about putting it into practice, despite the fact that it’s supposed to be her “economic program.”

    If Harris believes it, we’re in serious difficulties.

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    ” My guess is that a lot of the issues she said in the past about what she really wants to do, like the Green New Deal, for example … getting carbon-neutral by 2030 – all that kind of thing may cause a serious crisis toward carbon”, former White House analyst Kevin Hassett told Fox Business’s” The Big Money Show” Thursday. &nbsp,

    ” Carbon-neutral by 2030 is almost impossible. 70 % of our electricity is produced by burning fossil fuels. How will they proceed if they attempt to do that? That you’re only going to have to shut down the market”?

    It’s not just the foolish price controls that Matt&nbsp, and other Pajama Media artists covered tuesday, &nbsp, It’s the whole system and kaboodle of bizarre cruel, brain-dead ideas that Democrats have put in the grinder since Obama was president.

    ” When your player calls you’ marxist,’ sometimes do n’t consider price controls”? wrote Catherine Rampell, a Washington Post mind journalist. Trump is being urged to take his best shot by Harris, which is the largest dunk tank in battle story.

    He ca n’t miss.

    ” If you look at all the things that she says that she supports, like a guaranteed work for somebody – she’s opposed to drilling. If you look at the way the battle pulled that up, they said, also, she’s not opposed to all drilling. In other words, yes, she’s opposed to fracking”, Hassett said.

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    Indeed, it was n’t just Washington Post columnists who skewered Harris’s proposals. The Editorial Board hit back at Harris firmly.

    ” The occasions call for fresh economic ideas. Harris supplies gimmicks” ,&nbsp, the Editors wrote. Her strategy for controlling inflation is largely class war.

    Never mind that many retailers are currently slashing pricing in response to renewed customer discount hunting. Ms. Harris says she’ll targeted companies that make “excessive” income, whatever that means. ( It’s hard to see how groceries, a notoriously low-margin business, would qualify. ) Fortunately, this strategy by Ms. Harris has been met with almost immediate suspicion, with some reviewers citing President Richard M. Nixon’s failed cost controls from the 1970s. Whether or not the Harris proposal converts voters will remain to be seen, but if sound economic analysis is still important, it wo n’t.

    ” She’s got a whole bunch of things that she’s advocated in the past which collectively would do exactly what]Trump’s ] saying. I guess the question is if she’s backing away from that”, Hassett said. She has hired a number of advisers who have previously advised former presidents like Gene Sperling and others. So perhaps she’ll attempt to go to the middle in terms of policy in the election.

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    Maybe. However, Democratic Party activists, who give Democratic races their most energy and volunteers, will not be pleased if they go” to the middle.” They NOW want a socialist paradise.

    Fortunately, most of Harris’s economic plan wo n’t go very far in Congress. And she can use executive orders to make a few significant moves. It appears that Republicans will retain control of the House if Harris is elected.

    That’s checkmate for Harris ‘ disastrous economic plans.

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