Economists on the left and right both agree..... Imagine that?
https://issuesinsights.com/2024/08/20/the-reviews-are-in-harris-economic-plan-is-a-flop/
These aren’t the reviews Vice President Kamala Harris was hoping for when she premiered her economic plan. Worse, many of them came from her fans. Which might explain why Democrats are begging Harris to keep the rest of her agenda hidden until after the elections.
The Washington Post editorial board savaged Harris’ plan, saying that: “The times demand serious economic ideas. Harris supplies gimmicks.”
The Post was particularly brutal in its attack on Harris’ half-baked “price gouging” plan against Big Grocery, which the Post said “has been met with almost instant skepticism, with many critics citing President Richard M. Nixon’s failed price controls from the 1970s.”
And Catherine Rampell, who is an economic and political commentator for CNN and a special correspondent for the PBS NewsHour, in addition to writing a column for the Post, said that:
The New York Times took pains to be “fair” to Harris, but in the end had to admit that her grocery store price control scheme was lame, ending its review with a quote from Jason Furman, an Obama administration official who is now an economics professor at Harvard, who said “This is not sensible policy” and “there’s no upside here, and there is some downside.”
His biggest hope, he said, “is that it ends up being a lot of rhetoric and no reality.”
Josh Barro, writing in the Atlantic, berated Harris for failing Economics 101 and her “shameless glomming-on to Trump’s pandering to hospitality workers.” The only praise he offered is that her pandering to the ignorance of voters could help her win the election.
When CNN asked Rep. Dan Goldman, D-N.Y., what he thought of Harris’ plan his response was “the devil’s in the details.”
That’s not exactly two enthusiastic thumbs up.
https://issuesinsights.com/2024/08/20/the-reviews-are-in-harris-economic-plan-is-a-flop/
These aren’t the reviews Vice President Kamala Harris was hoping for when she premiered her economic plan. Worse, many of them came from her fans. Which might explain why Democrats are begging Harris to keep the rest of her agenda hidden until after the elections.
The Washington Post editorial board savaged Harris’ plan, saying that: “The times demand serious economic ideas. Harris supplies gimmicks.”
The Post was particularly brutal in its attack on Harris’ half-baked “price gouging” plan against Big Grocery, which the Post said “has been met with almost instant skepticism, with many critics citing President Richard M. Nixon’s failed price controls from the 1970s.”
And Catherine Rampell, who is an economic and political commentator for CNN and a special correspondent for the PBS NewsHour, in addition to writing a column for the Post, said that:
On CNN, she also explained that Harris’ proposal to give first-time home buyers $25,000 toward a down payment “is likely just going to get passed along in the form of higher prices.”
The New York Times took pains to be “fair” to Harris, but in the end had to admit that her grocery store price control scheme was lame, ending its review with a quote from Jason Furman, an Obama administration official who is now an economics professor at Harvard, who said “This is not sensible policy” and “there’s no upside here, and there is some downside.”
His biggest hope, he said, “is that it ends up being a lot of rhetoric and no reality.”
Josh Barro, writing in the Atlantic, berated Harris for failing Economics 101 and her “shameless glomming-on to Trump’s pandering to hospitality workers.” The only praise he offered is that her pandering to the ignorance of voters could help her win the election.
When CNN asked Rep. Dan Goldman, D-N.Y., what he thought of Harris’ plan his response was “the devil’s in the details.”
That’s not exactly two enthusiastic thumbs up.
