On Thursday, Vice President Kamala Harris said she was “very happy” of the Bidenomics plans driving America’s continued financial problems. The vice president had his first sit-down meeting since becoming the Democrats ‘ 2024 presidential candidate more than a month ago during which time.
Harris pledged to build what she called an “opportunity market” on her first day as president while speaking with CNN’s Dana Bash and her vice presidential nominee Tim Walz.
” I’ve now laid out a number of ideas in that respect, which include what we’re gonna do to bring down the cost of everyday goods, what we’re gonna do to invest in America’s smaller firms, what we’re gonna do to invest in people”, Harris claimed.
Apart from expressing support for expanding the child tax credit — a plan first touted by Donald Trump’s running partner, Sen. J. D. Vance — and gifting$ 25, 000 in taxpayer funds to first-time consumers, the California Democrat offered some details on what her work would entail.
When Bash inquired as to why she had omitted any of these policies from her three and a half times as vice president, Harris attributed the financial devastation caused by the Covid lockdowns before backing what the management has done to date in terms of the world’s economic suffering.
” I’m very proud of the work that we have done to cover the cost of hormone at$ 35 per month for elders,” Harris said.” I’m very proud of the work that we have done.
The 2024 Democrat nominee further defended the administration’s record when asked by Bash if she “maintain]s ] Bidenomics is a success”.
” There’s more to do, but that’s great work”, Harris contended.
Try as she may, Harris ‘ gaslighting is n’t enough to convince everyday Americans that the U. S. economy is hunky-dory.
Americans are now paying more for basic necessities like groceries and energy than they were under Trump, in contrast to her claim that high prices is no longer a big issue. As my colleague Jordan Boyd recently noted,” Basic goods and services , cost at least 20 percent more now , than they did when]Joe ] Biden and Harris first entered the White House”.
According to a July research by The Heritage Foundation, the U. S. federal debt has increased by$ 7.9 trillion since the Biden-Harris management came into business and is “likely” to see a net increase of “more than$ 9 trillion” by the end of the administration’s first phrase—” a new history”.
Contrary to Biden’s repeated claims, many of the jobs” created” under his and Harris ‘ tenure are not new jobs, but those recovered following the Covid lockdowns. The administration has consistently released downward revisions to its monthly job reports. Last week, for example, the Bureau of Labor Statistics revealed that the U. S. economy added 818, 000 fewer jobs from March 2023 to March 2024 than originally reported.
Home buying has also become a massive problem under the Biden-Harris administration. According to MarketWatch,” Americans are facing the most , expensive housing market , in decades, and , home prices , are at an all-time high”. Mortgage rates increased as well, reaching their highest reading in more than 20 years in October.
Shawn Fleetwood is a graduate of the University of Mary Washington and a staff writer for The Federalist. He previously served as a state content writer for Convention of States Action and his work has been featured in numerous outlets, including RealClearPolitics, RealClear Health, and Conservative Review. Follow him on Twitter @ShawnFleetwood
