The Democratic National Convention starts today in Chicago and the chaos has started. This is going to be an entertaining week.
Kamala Harris has released her economic policy and it is definitely something no one in history has tried before (I’m being sarcastic).
And it has been 30 days since Kamala Harris has become the nominee and she still has not been asked a question (sort of).
Just Something to Remember Before You Vote
Showing Her True Colors
Kamala had her big rally to announce her economic plans. We will get into those policies, but first, let’s get to actual rally itself.
- This was in a high school gym in North Carolina.
- Reports were that there were 109 people there. Seeing the media was directly in the line of sight, I believe the place was not crowded.
- The audience looked like actors. The reacted to whatever Kamala said. They sat when she said, stood when they said and stopped themselves when they weren’t suppose to react.
- The children were there also reacting joyfully to her economic plans. What does that happen?
So, it looked staged. That’s Kamala Harris. She’s a phony. She’s fake. She’s a liar. She’s a coward. Why shouldn’t her press conferences be any different.
So, what did Kamala Harris promise at this rally because this was suppose to be the release of her big economic plan. Guess what? Her plans are far more extreme than Biden’s and will do nothing but increase prices and create scarcity. In other words, this idea was right down the road of communism. We all saw how that worked out.
Here are her plans:
- New housing.
- Harris is calling for the construction of 3 million new housing units in her first four years in office. The Biden administration has previously called for the construction of 2 million new homes.
- She wants to incentivize these new units with a tax break for builders who construct properties for first-time home buyers. She is also proposing a $40 billion fund to help local governments find solutions to the lack of housing supply.
- She said: “There’s a serious housing shortage. In many places, it’s too difficult to build, and it’s driving prices up. As president, I will work in partnership with industry to build the housing we need, both to rent and to buy. We will take down barriers and cut red tape, including at the state and local levels. And by the end of my first term, we will end America’s housing shortage by building 3 million new homes and rentals that are affordable for the middle class.”
- She also said: “Some corporate landlords, some of them, buy dozens if not hundreds of houses and apartments. Then they turn them around and rent them out at extremely high prices. And it can make it impossible then for regular people to buy or even rent a home.”
- Harris will also propose providing Americans who have paid their rent on time for two years with up to $25,000 in down-payment assistance, with more support for first-generation homeowners.
- Couple of things with this:
- Housing has gone up because of the policies of her and Joe’s administration!
- The worst housing is in California. Her state! Caused by policies she supported!
- Regulation is what is killing low income housing. Get rid of the regulations! Let the market take care of the crisis!
- $25,000 for new homeowners? Where’s that money coming from? What is going to happen to housing prices when sellers know the government is going to give them money? What about the credit of the new buyers?
- Housing is a privilege, not a right.
- Expansion of Child Tax Credit.
- Harris is also proposing an expansion of the Child Tax Credit to provide a $6,000 tax cut to families with newborns.
- GOP vice presidential nominee and Ohio Sen. JD Vance has proposed a similar but more general $5,000 Child Tax Credit expansion. So she’s just copying another Republican policy.
- I have no problem with this but it is insincere. This is a woman that want you to be able to abort your kid when he’s 15 years old.
- How about lowering all taxes.
- Addressing inflation by putting caps on products and services.. She calls it “ending price gouging”.
- There is no price gouging.
- There is no grocery store owners going into a room and colluding to raise prices.
- All this is already illegal.
- There is simply too much money chasing to few goods and that is causing inflation.
- I have some questions though: Why is all this gouging now? Why didn’t it happen before the Biden/Harris administration?
- By the way, price caps have been done before. Every communist and socialist country, including this one, has done price controls and all it has done is create scarcity.
- The reason we are going through an insulin shortage is because of price controls established under the Biden/Harris administration.
- Eliminating taxes on tips.
- We addresses this already.
This is basically a socialist checklist.
Greg Gutfeld of Fox News had a response to all this on Friday. He had to hear Jessica Tarlov, the Leftist on the show and he went off. Though it is a little long, it is worth a listen:
https://www.cbsnews.com/news/kamala-harris-economic-plan-presidential-candidate/?ftag=CNM-00-10aab8a&linkId=551146310
https://nypost.com/2024/08/16/us-news/no-upside-to-harris-soviet-style-grocery-price-fixing-likely-to-spark-worst-shortages-since-1970s-economists/?utm_campaign=nypost&utm_source=twitter&utm_medium=social
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