Swing voters say they don’t know enough about Kamala Harris’s economic plans. Voila, her campaign on Wednesday released an 82-page “New Way Forward” document. Did her campaign ask ChatGPT to describe her progressive policies in moderate rhetoric using the verbiage of free-market economists?
Fox Business host Charles Payne on Wednesday asserted the economy had many “red flags” ahead of the Federal Reserve announcing it will lower its federal funds rate target range by 0.50%.
Of the misstatements that went unchecked in last week’s presidential debate, perhaps the most remarkable was Kamala Harris’s assertion that “Donald Trump left us the worst unemployment since the Great Depression.” President Biden argued similarly in his debate. “Look at what . . . Trump left me,” he complained. An economy “in free fall.”
Dollar Tree’s latest earnings report offers a grim reflection on the state of the American economy. What we are witnessing is not just a minor fluctuation in retail performance, but a broader indictment of an economy that, under the stewardship of Joe Biden and Kamala Harris, has manifestly lost its way.
We take it as a self-evident truth that Joe Biden isn’t running again because his economic plan, Bidenomics, failed politically. Most Americans gave Mr. Biden little credit for his economic policies, blamed him for inflation, and still think Donald Trump will better manage the economy. Facing a loss, the Democrats dumped Mr. Biden for Kamala Harris. But what, really, has changed?
Nearly 30% of respondents said the country is headed in the right direction, a 9-point jump from early July, while 61% said the country is headed in the wrong direction, a 9-point decrease. The figures reflect the most favorable view of the country’s trajectory since at least November 2021.
The Democratic Party platform praises President Joe Biden’s controversial “all-of government” executive order to get out the vote, which some critics call “Bidenbucks.”
New findings published by Empower show that 62% of Americans feel their purchasing power and income in relation to prices is decreasing due to persistent inflation. Another 82% said their money does not go as far as it used to. Additionally, 79% of respondents noted that many household goods like cereal and chips are dwindling in terms of serving sizes.
Tragically, under the “net zero” energy policies advanced by Kamala Harris, the Biden administration and the entire Democratic Party, families are being denied the hopeful and abundant future that comes with low-cost energy.
A government spending boom fueled inflation that has crushed real average incomes.
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