Disastrous economic plans.

in harris •  2 months ago 

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The last week regarding the vague statements by Kamala Harris on price gouging showcases how Republicans still get the benefit of the doubt on economic issues.

It should be mentioned in every economics article that Trump's economic plans would be disastrous.

He wants to implement 10-20% universal tariffs on all goods into the US and 60% tariffs on all goods from China.

He wants to interfere with the Federal Reserve's monetary policy.

He wants to do mass deportations of 20 million immigrants.

These policies would be damaging to the economy and be highly inflationary.

And unlike Harris' proposals, they are well within the powers of the president without Congress.

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They worked the first time quite nicely till we got the plandemic. Transferring the debt load to foreign countries while bring down taxes for Americans I’m all in The Kamal economy has us currently 35 trillion in debt going backwards at the rate of a trillion about every hundred days.