US presidential elections: Opportunity economy, or opportunist, Kamala Harris?
economic agenda at a campaign rally in North Carolina, a Republican swing state, focusing on lowering costs, and hoping to usher in what she called an 'opportunity economy' — 'Everyone, regardless of who they are or where they start, has an opportunity to build wealth for themselves and their children.'
Harris' proposed economic plan follows up Bidenomics. Except that this time around, Harris — and Trump, in his own way — has embraced the idea of a strong federal government that would use its authority to manipulate markets to create a more robust and wealthy economy. However, neither Harris not Trump has, till date, presented a thorough policy framework.
Harris has called for a reduction in the price of food, housing, medicine and other living expenses. A large portion of Joe Biden's last presidential budget — and brief re-election campaign — are being expanded upon by Harris. The strategy calls for significant tax hikes on corporations and high earners to support middle-class and low-income workers. Simultaneously, it offers substantial tax advantages to businesses involved in activities that Democrats believe yield significant economic benefits, such as building affordable housing, or developing technologies required to combat global warming.
Poll promises of direct or indirect financial assistance — waiving farm loans, providing direct cash transfers, giving out (almost) free rice or giving away free laptops — aren't characteristic of only countries like ours. Harris has pledged to send up to $25,000 in
