Harris’ NEW Economic Plan Is War On Capitalism

Fox Business host Charles Payne claimed on Friday that Vice President Kamala Harris’ campaign is initiating a “war on capitalism” through efforts to “control” the economy.

At a rally in Raleigh, North Carolina, Harris introduced her economic plan, which includes a federal ban on corporate “price-gouging” related to food and groceries.

During an appearance on “The Story with Martha MacCallum,” Payne contended that Harris’ economic policies demonstrate her campaign’s “infatuation” with a “government knows all, does all, can provide all” philosophy.

“What we’re talking about is a war on capitalism,” Payne said. “They really do not believe in capitalism … I never bought in that she was shifting her spots, you know. But then the selection of the governor from Minnesota [Tim Walz] solidified this. They are infatuated with some sort of big government knows all, does all, can provide all, and they are not fans of the for-profit motivation or capitalism … it’s always about control. They want to control, they want to be able to pick winners and losers and they want to be able to punish those losers.”

In July, the Consumer Price Index (CPI) fell below 3% for the first time in two years. The CPI showed a 2.9% increase year-over-year in July, with a 0.2% rise from the previous month, compared to the 3.0% recorded in June, as reported by the U.S. Bureau of Labor Statistics.

“I don’t care what anyone says, 2.9% ain’t gouging,” Payne argued.

Payne also asserted that the administration should not claim credit for the economic recovery after the COVID-19 pandemic, emphasizing that the U.S. has experienced its strongest economy since the late 19th century.

“If we are so great, why do you want to change us?” Payne pondered. “Why do you want to change all of the things that made us the greatest country in the world? Why? Think about that. Think about all the amazing things out there that are changing society, that are changing humanity.”

Charles Payne warns Harris' campaign is launching a "war on capitalism" pic.twitter.com/FW6NHMRyxc

— Daily Caller (@DailyCaller) August 16, 2024

Harris revealed her strategy to build 3 million new housing units within her first term, along with a tax incentive for builders who create homes for first-time buyers, according to CBS News.

The vice president also mentioned that she would urge Congress to pass the Preventing the Algorithmic Facilitation of Rental Housing Cartels Act, aimed at stopping landlords from using price-fixing algorithms to raise rent prices.

Daniel Campos, a pilot born in Venezuela, now living in Pennsylvania, explains how Kamala Harris would lead the U.S. down the same path as his home country.

"When they tell you here, 'it will never happen' — that's not true. We lived it, now here we are… The only way right… pic.twitter.com/LPPgLU4dFN

— Trump War Room (@TrumpWarRoom) August 17, 2024

Additionally, Harris outlined her intention to expand the Child Tax Credit, proposing a $6,000 tax cut for families with newborns, CBS reported.