Jay Weber Show transcript
So....are you any clearer on Kamala Harris’ economic vision for the country than you were yesterday currently?
After all-she gave a speech in Pittsburgh yesterday that was built up ahead of time as her ‘answer’ to the trump plan. She was finally going to outline what her ‘opportunity economy’ is going to be-and make it more clear to the American people what she’s going to do to turn this economy around.
So- do you know now?
No. You don’t.
Kamala Harris’ economic plan isn’t any more ‘known’ today than it has been for ten weeks. Because she didn’t offer any plan to reduce inflation, reduce prices, spark manufacturing jobs, bring down interest rates, bring down home prices, or anything else.
What she did is- call for more big-govt spending of the sort that got us into this economic mess in the first place.
What she did is- talk about a few bigger govt giveaways that democrats want to buy votes and only give to their pet projects and pet industries.
This is-not- an economic plan.
Moreover-there were no specifics-even on the things that she did name.
She said she was going to...quote... Bring a pragmatic approach to the US economy, with a focus on manufacturing and middle-class opportunities. Okay, how?
Well....you’ve probably heard about that 25-thousand-dollar giveaway to first time home buyers, right? And that six-thousand-dollar bribe to parents?
Yeah...and...and....I’m going to create new tax credits for manufacturing and production....she said.
(manufacturing and production are the same thing....but ....go on)....
And...and...these tax credits are going to only go toward...a-i.....and...and...quantum computing...and....biomanufacturing....which are words i learned today... And ...and... What else?
there was nothing else.
Butt...you heard about the 25-thousand-dollar bribe to buy a house, right?
Yes, we’ve heard about that Kammy.
And that...six-thousand-dollar kid thing?
Yep. We’ve heard about that.
There was nothing new here, people. And afterward, of course, Harris’ campaign couldn’t give examples -or detail- on how these new tax incentives might be used- to create what?
You said AI. You said biomanufacturing. Give us some examples so we can explain what that means to readers....
Uuhhmm....well...we don’t really have those yet.
Then how much will it cost taxpayers and how will you pay for it
Uuhmmmm....my notes say it’ll be 100-billion dollars over ten years...and it will come from new taxes that we put on American companies who also do stuff overseas...but...
So....yeah. That’s what she said.
Great. Thanks.
This was all pabulum and filler, again. For example-quote: Harris said she would emphasize pragmatism ...and work with the private sector to help improve the standing of middle-class families.
Okay. Sounds good. Now what does that mean?
It ultimately means nothing. Especially if your plan is to just 100-billion dollars more of money-taken from the middle-class taxpayers and consumers- and give it to only the industries you agree with.
Last night, Harris did a safe interview on MSNBC to try to explain her position on the economy
Stephanie Ruhle: "If you can't raise corporate taxes or if GOP takes control of the Senate, where do you get the money to do that?"
Harris: "Well, but we're gonna have to raise corporate taxes and we're gonna have to raise, we're gonna have to make sure that the biggest corporations and billionaires pay their fair share. That's just it. It's about paying their fair share."
Later last night, Ruhle joined a panel on another MSNBC to run cover for Harris’ non answer
Ironically...quote....she cast her rival, former president Donald Trump, as interested in helping the wealthy and corporations instead of middle-class families. Folks, that’s what her plan would be doing. She -literally- sketched out a plan yesterday that would amount to more money confiscated from taxpayers and given to big leftist corporations and tech CEOs.
Trump is talking about lowering corporate and individual taxes even more- roughly 6.5 trillion in tax cuts.
He’s talking about money-saving and economy-sparking deregulation. He’s talking about ending taxes on social security checks. He’s talking about dramatically lowering energy costs so every good and service is cheaper. He’s talking about stopping the flood of illegals that is driving down wages on the lower rungs.
Kammy’s talking about new big govt corporate handouts.
Come on.
She can put all of the anti-Trump nonsense around it that she wants (which was half her speech yesterday) …but she still doesn’t have a plan for the economy.
Quote....Harris again discussed her hopes for creating an “opportunity economy” by lowering costs, investing in American innovation, and leading the world in industries of the future.
That means! Nothing!!
I found it remarkable, afterward, that the financial channels and newspapers were even taking this speech seriously. Everyone from the NY Times to the Wall St Journal to CNBC was trying their best to pretend that kamala Harris had actually sketched out an economic plan, yesterday. She hadn’t.
Yesterday morning, her campaign was promising that she was going to describe her economic philosophy in the speech-
She didn’t.
They were promising that she would finally get into specifics-
She didn’t.
They promised ‘new proposals for how she would make sure America leads the world in manufacturing in the industries of the future’.
There weren’t. Not unless you want to count the fact that she-mentioned- AI and quantum computing.
A mention-is not a proposal.
Harris, herself, told reporters that this speech was going to be -quote- an outline for her vision for economy.
So....could you describe it...or regurgitate it?
Please...describe Kamala’s vision? Explain how she’s going to help the John Deere and auto workers who were just put out of work- or will be next year?
Explain how she’s going to help lower prices for American families, or help your child save for college? Explain how she’s going to help young couples save for that first house or child?
Hell-explain how kamala Harris is going to lower your taxes- or allow you to keep- even a little bit more of your paycheck under her?
I’m not even asking you to explain ‘how she’s going to make your paycheck bigger’.... I’m asking: give me one way she said she’s going to allow you to keep more of your paycheck?
Oh-
You can’t? Because she didn’t give you one?
Precisely.
We have no idea what sort of new economic miseries await us, corporate America, and ‘small business America’ if kamala Harris gets into office.
We-do know-that she and her team are most likely to keep following the same path that Joe Biden’s regime was on pushing big govt socialism. A big govt nanny state. Pouring trillions of dollars of our tax money into their preferred projects and efforts to cripple any industry that the activist left doesn’t agree with.
This is a looming nightmare....and I’m hoping that the ‘uncertainty’ that the Harris campaign is creating here will ultimately harm them.
Because CEOs and investors hate uncertainty.
We are already looking at a shakey and slowing job market...and worries over a recession.
Investors are already starting to hold back and wait to see what ‘new hells’ might await them if Kamala Harris is elected- or what new ‘free market’ optimisms might be sparked by Trump win.
It’s what has the experts predicting that in October- the markets are going to be struggling with this uncertainty.
I have no idea why-any-investor or earner- would vote for Kamala Harris or the democrats. In this era? Their policies represent an economic disaster for this country.
photo credit: Fox News
audio version of the segment here> Kamala's roll out of her economic plan was another dud