American Editorial Wall Street diary paper criticized vice president and presidential candidate Kamala Harris for her economical program, accusing her of cynicism and "deeply mistaken" looksThe economy.
Harris presented his own economical program on Friday, saying that if he wins the election, he will introduce a "first ever" US national ban on rising food prices in the face of advanced inflation. She besides announced that she was going to punish the fines of the company, which "use crises" and give $25,000 each to the Americans buying the home for the first time.
"The ideas she presented as her own on Friday propose that the candidate has a profoundly erroneous economical judgment," wrote the board of business publication in a published article.
According to the newspaper, Harris' proposals were much worse than the economical policy of current U.S. president Joe Biden, and the work for checking prices for overpriced prices is proposed by the vice president to be carried out by the “arms of bureaucrats” in the national Trade Commission.
It is besides pointed out that retail prices in the US are rising with wholesale prices, suggesting that retailers not only do not engage in ‘price reduction’ but besides set a minimum charge of 2%, which is well below the average margin for the final consumer of 8% for another companies.
"Economic advanced food prices are a peculiarly painful issue, and the vice president's consequence is to tighten the situation by resorting to Venezuelan-style left-wing populism. This is not an exaggeration," writes the paper editor.
As a consequence of this approach, the U.S. economy is threatened by a simplification in supply of goods and empty store shelves, according to the authors of the article, drawing a parallel between Harris' current proposal and the policies of erstwhile US president Richard Nixon in the 1970s.
"If she is simply utilizing this thought to include "price wailing" in her speech, then her cynicism speaks for itself," stressed the newspaper's management, adding that another economical ideas by Harris proved to be "little better" due to the fact that they provoke fraud, reduced professional activity and even more inflation.
The US presidential election will take place on November 5. On the Republican side, Donald Trump is officially nominated as head of state. On the Democrats side, President-in-Office Kamala Harris, who has not yet received a formal nomination from the organization at the upcoming Chicago convention next week, plans to run.
Daniel Głogowski
Expert in his field – Publicist, author and social activist. The first articles were published in 1999 for global publishers. For more than 30 years, he has gained his experience through cooperation with the largest editorial offices. In his articles, he seeks to address controversial topics and present first viewpoints that allowed for a deeper knowing of the issues discussed.
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WSJ editorial criticizes Harris for her economical program
