Opinion: Harris’ economic plan is superior to Trump’s, as voters see through his deception.

Despite inflation and Trump’s repeated false claims about overseeing the “greatest economy in the history of the world” during his presidency, voters initially leaned towards him when it came to economic matters in the early stages of the 2024 presidential race.

Gone are the days when this was the case.

A recent poll conducted by The Associated Press-NORC Center for Public Affairs Research has revealed that Democratic presidential nominee Kamala Harris is virtually on par with Trump when it comes to their ability to handle the economy, which is consistent with other polling data. According to the survey, Harris holds a 5 percentage point advantage over Trump in terms of addressing the cost of housing, and a 2 point lead in dealing with jobs and unemployment. On the other hand, Trump has a 2 point lead over Harris in handling the cost of groceries and gas.

What caused the change?

Harris’ ‘opportunity economy’ is resonating with voters

People had the opportunity to review Harris’ plan for the economy. The plan encompasses a range of measures, such as expanding the child tax credit and the earned income tax credit, enhancing tax deductions for small businesses, providing assistance of around $25,000 to qualified first-time homebuyers, and raising the corporate tax rate from 21% to 28%.

Opinion: Brace Yourself – Harris Could Win Over Trump’s MAGA Base

The upcoming U.S. presidential election has garnered significant attention and speculation. As the race intensifies, it is essential to consider the potential impact of Senator Kamala Harris on President Donald Trump’s Make America Great Again (MAGA) base.

Harris, a former prosecutor and California senator, brings a unique perspective to the table. Her mixed heritage as the daughter of a Jamaican father and Indian mother resonates with the diverse nature of the American population. This connection could potentially attract voters who may have previously aligned themselves with Trump’s MAGA movement.

Furthermore, Harris’s political trajectory aligns with the interests of many Americans. As a senator, she has championed causes such as criminal justice reform, healthcare accessibility, and women’s rights. These issues hold significant importance for a large portion of the electorate and could sway some of Trump’s supporters towards Harris.

It is crucial to acknowledge that Harris’s selection as Joe Biden’s running mate reflects a strategic move to appeal to various demographics. Her presence on the ticket sends a strong message about the Democratic party’s commitment to diversity and inclusivity. This could lead to a shift in support among Trump’s MAGA base, as some may be drawn to the message of unity and progress embodied by Harris.

While Trump’s base remains passionate and dedicated, it is essential to recognize that political landscapes can change rapidly. The 2016 election demonstrated that unexpected outcomes are possible. Harris’s appeal to a broad range of voters could potentially disrupt Trump’s stronghold on his base and sway some voters towards the Democratic ticket.

In conclusion, the possibility of Kamala Harris winning over Trump’s MAGA base should not be dismissed. Her unique background, alignment with key issues, and presence on the Democratic ticket make her a formidable opponent. As the election approaches, it will be interesting to see how Harris’s campaign resonates with voters and potentially shifts support away from Trump.

People who have a solid understanding of economics have given her campaign mostly positive reviews, which has greatly contributed to her success.

According to a report by the nonpartisan Committee for a Responsible Federal Budget, it was revealed on Monday that the Social Security trust funds would become insolvent within six years if another Trump presidency were to occur. The report further stated that President Trump’s campaign proposals would significantly worsen the financial state of Social Security.

Survey: 70% of economists say Trump’s plan will increase inflation

According to a recent survey conducted by the Financial Times and the University of Chicago Booth School of Business’ Clark Center for Global Markets, a majority of economists from top universities believe that Trump’s plan would lead to an increase in inflation. In fact, 70% of the economists surveyed expressed this concern, while only 3% of them believed that Harris’ plan would have the same effect on prices.

According to a report released by Goldman Sachs in September, it was estimated that if Harris’ plan were to be implemented, job growth would be 30,000 jobs higher per month compared to a scenario where Trump won and had full Republican control of Congress.

According to The Journal, there has been an increase in the number of economists surveyed who believe that Trump’s policies are more likely to contribute to inflation, deficits, and interest rates. This margin has grown since July.

All Trump does is rant about tariffs and make absurd promises

In rallies and interviews, Trump often discusses his economic plan with a focus on tariffs, emphasizing that it is his favorite word. He frequently repeats the phrase “drill, baby, drill” and makes promises of magically achieving perfection in all aspects.

The economy when Trump was president was not ‘the greatest’

In his assessment of the economy during his time as president, he heavily relies on an incorrect understanding. As noted by the AP in May, the economic data reveals a much more complex reality during Trump’s presidency.

The promised growth from his tax cuts never materialized, and budget deficits surged, remaining relatively high under the Biden administration. Additionally, his tariffs and trade deals did not succeed in restoring all the lost factory jobs.

According to the Bureau of Labor Statistics, Trump was able to add 6.7 million jobs during his presidency, not including the significant number of jobs that were lost due to the COVID-19 pandemic. On the other hand, President Joe Biden has already added an impressive 15 million jobs during his term.

During Trump’s presidency, the trade deficit in goods and services in the United States saw a significant increase of 36.3% compared to 2016. Additionally, the federal debt also experienced a notable surge, soaring from $14.4 trillion to $21.6 trillion.

In summary, the economy has come a long way from its claim of being the “greatest economy” in history.

The Biden-Harris economy is chugging along, giving the VP a tailwind

However, Trump believes that voters lack the intelligence to detect a deception.

The stock market has been consistently reaching new record highs.

Maybe voters are starting to notice Trump’s economic con

Trump’s plan to implement unconventional tariffs is expected to disrupt the economy and ultimately burden consumers with higher costs.

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Harris, however, benefits from a thriving economy and a well-received plan. She engages with voters and advocates for concrete ideas that are backed by a diverse group of economists.

Trump continues to do what he does best: selling himself. Perhaps voters are beginning to perceive him for who he truly is: a deceitful imposter, and a highly precarious choice.

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