Kamala Harris, vice president, faced criticism for her new assurances to address rising costs on “day one” of her probable presidency. In a Thursday evening social media post, Harris declared,” When I am President, it will be a time one focus to bring down costs. I’ll challenge large corporations that extort money from working families and business landlords who wrongfully raise rents.
Critics have questioned Harris ‘ ability to combat inflation, noting that she has spent nearly four years in the current presidency. Sen. Ted Cruz, R-Texas, clearly asked,” What have you been doing the final four times”?
Collin Rugg, co-owner of Trending Politics, questioned the schedule of Harris’s assurance:” Day 1 was 3.5 years back for you. What are you talking about”?
Jim Treacher, a Substacker, echoed the suspicion:”‘ Day one.’ We’re supposed to voting for her because of the past four years, which we’re supposed to pretend not happened”.
Columnist Jon Gabriel criticised Harris’s method, creating,” You’ve spent three-and-a-half decades raising costs”.
Traditional author Libby Emmons criticized Harris ‘ plan to implement price controls, saying that” Kamala Harris wants to implement price controls across important locations like food and housing, just like they do in communist nations.” She therefore wants to obliterate US tax breaks and incentives for investment, making it harder for big companies to create new work.
Virginia Kruta, another conservative writer, warned of potential negative impacts on smaller businesses:” If you run a small grocery store or own one house/building for rent, you’re screwed and she does n’t care. Larger business businesses and landlords will be forced to cost less than the small guys, and the small guys will suffer if she places a price cap on them.
Strategist Yossi Gestetner noted the paradox in Harris’s place, stating,” You are VP today. Your first day was about 4 years before. You are running against the presidency you are VP of while also serving as the present VP. Price controls reduce the incentive to make, which frees up stockpile and leaves more individuals with less. Genius”.
According to liberal pundit Paul Szypula, Harris is at least partially to blame for the current economic problems:” Kamala Harris has been Vice President for four decades and has increased costs by 20 % on average. Because of inflation, prices are high. Harris voted to keep things that way.
Finance and society critic Wall Street Silver criticised the plan’s practicality, stating,” Price controls failed in the 1970s when Nixon tried them. Companies reduce production because they ca n’t compete for market share at the government’s recommended price. As a result of government settings, there are shortages in companies. We may become Venezuela if Kalamas is a communist.
Harris unveiled her economical prepare during a conversation in Raleigh, North Carolina, saying,” When I am elected leader, I may make it a top priority to bring down costs and enhance financial security for all Americans. As senator, I did get on the high fees that matter most to most Americans, like the cost of foods”. She acknowledged the price effect of the pandemic but added that” Our supply stores have now improved and prices are still too high.”
Harris concluded her speech by addressing business methods, saying,” I know most companies are creating jobs, contributing to our business, and playing by the rules, but some are not, and that’s just not right, and we need to take action when that is the case”.
