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Democratic presidential candidate Kamala Harris has finally started to release her economic plans.
One of her first steps will be to remove taxation on tips. This is the same plan that former President Donald Trump announced a few weeks ago.
She is adding language to prevent price-gouging. That would lead to price controls and product shortages. Cuba and Venezuela, anyone? This did not work for Richard Nixon back in the 1970s. So why would it work now?
She wants to give first-time home buyers $25,000 toward a down payment. That might lead to more people buying homes, which would lead to bidding wars and increased home prices.
She announced, “As president, I will be laser-focused on creating opportunities for the middle class that advance their economic security, stability and dignity. Together, we will build what I call an ‘opportunity economy.’”
What I am wondering is, why did Harris, who has been part of the leadership of our country for the last three-and-a-half years, not implement these plans instead of waiting until right before the upcoming election?