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Yo_Mama_Been_Loggin

(115,366 posts)
Wed Aug 21, 2024, 01:13 PM Aug 2024

Krugman: Kamalanomics isn't Nixonian; is solid center-left

By Paul Krugman / The New York Times

On Friday, Vice President Kamala Harris gave her first big economic policy speech as the Democratic presidential nominee. It was, of course, very different from the “economic” speech and news conferences Donald Trump has held in the past couple of weeks.

For one thing, Harris actually outlined her economic proposals, rather than veering off onto topics like who has the biggest crowds and how windmills are killing birds. For another, she doesn’t seem to have said anything demonstrably untrue; a sharp contrast with Trump, who lied or distorted the facts about twice per minute during an event at Mar-a-Lago.

But what about the substance? The usual suspects are claiming that Harris revealed herself to be an extreme leftist. Even some middle-of-the-road economic commentators have been hyperventilating, saying she’s essentially calling for price controls, which is odd, because she didn’t say anything like that.

All in all, Harris staked out a moderately center-left position, not too different from President Joe Biden’s original Build Back Better agenda, which he was able to implement only in part because in an evenly divided Senate, Joe Manchin had an effective veto.

https://www.heraldnet.com/opinion/krugman-kamalanomics-isnt-nixonian-is-solid-center-left/

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