Free Republic

Vice President Kamala Harris has centered her anti-inflation agenda on combatting price gouging, saying corporations are greedy villains padding profits by jacking up prices.Yet economists and even Ms. Harris say there is scant evidence that price gouging is actually happening.In a plan largely lacking concrete details, Ms. Harris has called for a federal ban on price gouging and for giving the Federal Trade Commission the power to prosecute companies it deems to have excessively increased prices.Former President Donald Trump and Republicans slammed the plan as “communist,” warning that it would lead to the federal government telling businesses how to set...

Vice President Kamala Harris struggled in a friendly interview that airs this week to competently answer questions surrounding her economic agenda. Harris sat down for an interview with CBS News’ “60 Minutes” that was taped last week and is set to air on Monday night as part of a special election episode. “My plan is about saying that when you invest in small businesses, you invest in the middle class, and you strengthen America’s economy,” Harris told correspondent Bill Whitaker. “Small businesses are part of the backbone of America’s economy.” “But pardon me, Madam Vice President, the question was, how...

Time stamps: 1:05 - First Policy 2:12 - Basics of Understanding the first policy 3:27 - Implications of the first policy 5:27 - Second Policy 7:50 - Third Policy sorry for the late upload, I've been fighting for my life out here for real ... so much work lately Tags: Kamala Harris, Donald Trump, Debate, CPA, Certified Public Accountant, Radical Financial Policies, Tax, Price Controls, Unrealized capital gains tax

Are greedy corporations to blame for inflation? Ariane Navarro thinks so. She recently pulled up her budgeting spreadsheets from 2021 and was shocked by how much her family's grocery bill has skyrocketed. She's not imagining it: From February 2020 to this July, grocery prices grew a cumulative 25.6%. That's higher than overall inflation, which was 21.6% during that same period. "We have no other choice — we have to buy groceries," says Navarro, who lives in Houston. "That's a basic need. And so [companies] use that to kind of take advantage and keep raising prices." It's a widespread sentiment —...

Guess who finally updated her campaign website? And with just a day before her first presidential debate ... and only second media appearance since her anointment as nominee?Having seen her momentum deflate like a Patriots football, Kamala Harris finally went public with her agenda, at least in general strokes. Team Kamala finally added an Issues page to her official campaign website, and it's filled mainly by the rehashed Bidenomics that Harris attempted to pass off last month. It even includes the absurd reference to price-gouging that economists across the spectrum laughed off when Harris first floated the argument, another leftover...

Multiple Democrat lawmakers are quietly telling allies worried about Vice President Kamala Harris’s controversial grocery price-control plan that the proposal will die in Congress, Politico revealed. After economists pushed back on Harris’s “Soviet-style” plan to centrally administer price controls on food in her first policy-focused speech on August 16, one anonymous Democrat told the outlet that it was a “lofty goal.” “I honestly still don’t know how this would work,” a second lawmaker said.

Kamala Harris is beginning to offer the first definitive clues of a new economic vision — one with the potential not only to offer a unifying vision for the Democratic Party but also to serve as the foundation for a governing philosophy that crosses party lines. In recent years, both parties have broken with a markets-know-best default setting. The question is, what comes next? One influential school of thought, advanced by Ezra Klein and Derek Thompson, argues for increasing the supply of essentials such as housing, health care and clean energy, in part by using government to break the choke...

Kamala Harris wants to outlaw the very mechanism that enables consumers to buy what they need most in a time of scarcity. What gives?

Sen. Elizabeth Warren (D-MA) claimed Thursday night that electing Vice President Kamala Harris president would lead to lower grocery prices despite the fact that inflation has skyrocketed over the last four years during the Biden-Harris administration. Warren made the comments as she spoke during the final night of the Democratic National Convention in Chicago on Thursday. Throughout her speech, she claimed that Harris would be better on economic and social issues. “You know what I love best about Kamala Harris? Kamala Harris can’t be bought and she can’t be bossed around,” Warren claimed after walking onto the stage and breaking...

Democrat presidential nominee Vice President Kamala Harris’s economic plan would increase taxes by $5 trillion over ten years, according to Americans for Tax Reform (ATR). Harris’s campaign announced an enormous economic package on Monday that would undo former President Donald Trump’s tax cuts, claiming it would be part of “a fiscally responsible way to put money back in the pockets of working people and ensure billionaires and big corporations pay their fair share.” Trump’s Tax Cuts and Jobs Act slashed the corporate tax rate from 35 to 21 percent, lowered income tax rates, and doubled the standard deduction. Harris’s economic...

When Kamala Harris became the presumptive nominee of the Democratic Party, it undoubtedly caused a jolt of enthusiasm for her party, which had been looking at a landslide defeat with Joe Biden on top of the ticket. She took the lead in the polls as well as in the political markets. Harris had as much as a seven-point lead in Polymarket in the days leading up to the Democratic National Convention. Between the wall-to-wall glowing coverage from the media and the convention coverage, Harris would maintain that lead, if not expand on it. However, the lead she had before the...

More documents have surfaced indicating just how much Democratic vice presidential candidate Gov. Tim Walz (D-MN) adored Chinese communism, claiming that it offered a society where "everyone shares" and the state provides free clothing and food to its citizens. Democratic presidential candidate Vice President Kamala Harris has spoken of “equality of outcomes” or “equal outcomes," and has toted an economic plan that includes price controls which have led people to label her plan "Kamunism." Christopher F. Rufo posted on X: “Wow: The Free Beacon dug up this old news article in which Tim Walz defines 'communism' as a system in...

"Vice President Kamala Harris would work to raise the corporate tax rate to 28%, the Harris campaign has confirmed to Fox News."

She should have just kept her mouth shut about the economy. I know that sounds harsh, but it is true. The best chance that Kamala Harris had of winning was to stand for nothing. I am being completely serious. For the first few weeks of her campaign, she was being showered with positive coverage by the mainstream media even though she had not come forward with any serious policy proposals. She could have probably continued doing that all the way to election day in November, but now she has ruined her campaign by telling us what she actually plans to...

I’m not saying that the Democrats are ready to commit genocide or open gulags, but it really is weird how leftists always think alike, no matter the time or place. The Harris-Walz ticket, we’re told, is all about joy. Joy. Joy. Joy. Also, it’s about the benefits Democrats create for children, with a special focus on teachers’ unions and Tim Walz’s creepy (but, to Democrats, admirable) focus on LGBTQ+ youth. However, alert people are noticing that the Democrats’ campaign’s slogans, along with their images and ideas, have an uncanny resemblance to some things coming out of really icky regimes, such...

When you've got markets swooning, the price of gold hitting record highs, and skeptical reporters asking you about your communism-mimicking economic plan, maybe you should have some prepared explanations for the questions that arise. Kamala Harris didn't. Here's her response to a CNN reporter's question about how she plans to "pay for" all her big spending plans: Collin Rugg @CollinRugg NEW: Kamala Harris struggles to answer after a reporter asks her about her economic policy, says “return on investment” four times. Reporter: Can you explain how you're gonna pay for your policies?Harris: Well, I mean, you just look at it...

This week, the Democratic Party will nominate for president a woman who hasn’t won a single primary. I’ve elected not to attend the convention in Chicago. Since Joe Biden pulled out, it’s become a toothless coronation – and if there are protests, I can’t report on them. To do that, one needs pre-approved press credentials from the terrifying Chicago Police Department, which seems to regard half a dozen kids with placards and a camera as a nascent riot. The diminution of American democracy continues. Three months ago, we were told Joe was fit and well: anyone who said otherwise was...

The wealthy are doing just fine at the moment, but they don’t seem to understand that much of the country is deeply hurting right now. 59 percent of Americans believe that the U.S. economy is currently experiencing a recession, and that is because most of them are personally experiencing economic pain. Literally just about everything is substantially more expensive in 2024, more major layoffs are being announced with each passing day, and thousands of businesses are going bankrupt. We haven’t seen a tsunami of economic suffering like this in a long time.If you live in a wealthy area in a...

You don't have to like Wall Street to recognize that they know which side of the slice their bread is buttered on. They know their onions what makes them money and what doesn't, premised on what makes an economy go fast, and what makes an economy screech to a halt. So now we have this: Charles Gasparino @CGasparino Breaking: Wall Street research departments working overtime this weekend to alert clients about the potential far left even socialist economic agenda of @KamalaHarris since her speech Friday, particularly her call for price controls. Even the gentle souls of finance can’t escape the...

President Trump held a rally in Wilkes-Barre, and he took the wood to Kamala Harris, declaring that “she went full communist.”Trump is now calling her “Comrade Kamala” pic.twitter.com/NiWFgrSQMG— johnny maga (@_johnnymaga) August 17, 2024“This woman is nuts… have you heard her laugh? That is the laugh of a crazy person. It’s the laugh of a lunatic.”Trump on Kamala: “This woman is NUTS”“They prohibited her from laughing”“As soon as she laughs the election’s over” 😭 pic.twitter.com/6evH4ry9ew— johnny maga (@_johnnymaga) August 17, 2024Comrade Kamala’s latest laugh line? She’s going to fix the economy on “Day One.”"Day One was 3.5 years ago. This...