Harris provides specifics about her "Opportunity Economy "

[Willie99]

When asked by a North Carolina journalist for specifics she said (paraphrasing but accurate)
‐----‐--------------

I grew up in a middle class family. I was a teenager when my mother bought her first house........

I grew up in a community that loved our mothers...

‐‐‐-----

Nothing about economic growth to be found.

I'm not surprised, she's an economic illiterate

 

[Willie99]

One way to create growth and supposedly control inflation is to give a $ 25,000 credit to home buyers.

So if you give a $ 25,000 credit to home buyers, what happens to the cost of housing? If you said housing costs increase, you win. And increasing housing costs is INFLATIONARY. She just can't think

 

[Willie99]

And how do you grow small businesses and create jobs? Well you give them a $ 50,000 credit to get started. So she's saying working capital helps business. Butt she then turns around and increases taxes on their profits. Butt Butt Butt, don't businesses need working capital?

I'm sure regulations will increase too. Because career politicians think they can spend your money better than you can and they think they know how to create jobs better than people who actually create jobs

Calling her word salad is not enough, she's an economic illiterate.

 

[Codebreaker]

What you spimps fail to understand about our Capitalistic economic experiment is that it requires velocity of money. I'll save a 4 page explanation, use your Google.

The lesson of the 1929 crash and subsequent decades long depression, and world war is : DO NOT CUT OFF THE MONEY SUPPLY. Inflation is better than deflation, drop rates to zero, print $$ and crazies like Hitler and Trump never gain power.

If you own assets, Inflation is the lessor of the two evils. Deflation is what kills, it causes recessions and depressions. Hitler was in jail During the roaring 20's. In 1933 as the world wide depression was roaring, deflation was destroying 2/3's of the worlds wealth. That's when Hitler rose to power.

Covid's effect on the world supply chains combined with $6.1 trillion newly printed dollars gave the world a spike in inflation. Now that the supply chains are back and the world has absorbed the dollars, we are back to finding ways to keep deflation away. Thus Trump tax cut proposals and Kamala housing, child care giveaways.

 

[StevieRay]

When asked by a North Carolina journalist for specifics she said (paraphrasing but accurate)
‐----‐--------------

I grew up in a middle class family. I was a teenager when my mother bought her first house........

I grew up in a community that loved our mothers...

‐‐‐-----

Nothing about economic growth to be found.

I'm not surprised, she's an economic illiterate

She is clueless, a puppet, word salad. If the moderators weren’t there to safe her ass, had the questions in advance and an ear piece, Trump would have destroyed her even more than he did and sent her back to prostitution