Saturday, August 17, 2024

Another salvo at Kamala Harris: WaPo editorial board calls her anti-big business proposals populist gimmicks, says her first-time home buyer $25,000 down-payment plan will increase housing prices

 


 The whole thing makes sense, which is surprising coming as it does from The Washington Post, which ends this way:

 [Even] her [good] ideas would cost money, yet she insisted in her speech that she would hold to President Joe Biden’s pledge not to raise taxes on any household earning $400,000 or less annually. That excludes 80 percent of taxable income, and does not take into account the recent surge in families earning over $400,000. The Harris campaign says it plans to raise revenue to cover these costs but did not provide specific offsets in its economic plan rollout. Without them, Ms. Harris’s full plan would add $1.7 trillion to federal deficits over a decade, according to the Committee for a Responsible Federal Budget, a nonpartisan budget watchdog.

To be sure, every campaign makes expensive promises that will never come to pass, especially with a divided Congress. Remember Mr. Biden’s pledge to make community college free? Even adjusted for the pandering standards of campaign economics, however, Ms. Harris’s speech Friday ranks as a disappointment.

Wow.

What's that old saying, When you're a liberal and you've lost The Washington Post, you've already lost?

Well ......................................................................................... is the Democrat Party still liberal though?