If Harris is correct, we are in serious peril.
Former White House economist Kevin Hassett said on Fox Business’s “The Big Money Show” on Thursday, “A lot of the stuff she said in the past about what she truly wants to do, such as the Green New Deal, or getting carbon-neutral by the year 2030 – all that sort of stuff would cause a bad recession toward carbon.”
Achieving carbon neutrality by 2030 is improbable. Fossil fuel combustion produces 75% of our electricity. If they attempt it, how will they do that? That you would just have to stop the economy?”
Not only did Matt and other PJ Media writers discuss ridiculous pricing restrictions yesterday, but Democrats have abandoned a plethora of absurd, wicked, and stupid policies since Obama.
“Maybe don’t advocate pricing restrictions when your opponent labels you ‘socialist,'” suggested opinion writer Catherine Rampell of the Washington Post. Harris is encouraging Trump to attempt his best shot by erecting the largest dunk tank in campaign history.
“If you consider all of the things she claims to be in favor of, such as providing jobs for people, you will see that she is against fracking. Observing how the campaign retracted that claim, she implied that she wasn’t against fracking altogether. “Unless otherwise stated, she is against hydraulic fracturing,” Hassett stated.
Indeed, criticism of Harris’s ideas extended beyond the pages of the Washington Post. The Editorial Board took a strong stance against Harris.
The circumstances call for thoughtful economic concepts. The editors expressed their opinion that Harris employs misleading tactics. Her approach to inflation is essentially a kind of class warfare.
“It doesn’t matter if many retailers are already lowering their prices in response to customers’ increased desire for deals.” Ms. Harris says she would go after businesses that generate “excessive” profits, whatever that implies. (It’s difficult to understand how grocers, a sector known for having poor profit margins, would be eligible.) Fortunately, there has been almost immediate skepticism about Ms. Harris’s gambit, with numerous detractors drawing attention to President Richard M. Nixon’s unsuccessful price restrictions throughout the 1970s. Though it’s unclear now, the Harris idea won’t pass if strong economic reasoning is still important.
“She has supported a plethora of measures in the past that, taken as a whole, would accomplish precisely what [Trump] is stating. “I suppose the inquiry is whether she is retreating from that stance,” Hassett remarked. “She has enlisted a number of advisors who have counseled other presidents, including Gene Sperling and others. Therefore, it’s possible that she may attempt to run for office on a platform of compromise.”
Perhaps. However, going “to the center” will annoy Democratic Party activists, who provide the majority of the enthusiasm and labor for Democratic campaigns. They desire an immediate communist utopia.
Luckily, most of Harris’s proposed economic policies are unlikely to pass Congress. She can also use executive orders to make a few significant changes. If Harris wins, Republicans are likely to maintain control of the House and the Senate.
This spells defeat for Harris and her disastrous economic schemes.
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