The Economics Show
What is Kamalanomics? With James Politi
Oct 21, 2024
In this discussion, James Politi, the Washington Bureau Chief for the Financial Times, shares insights on Kamala Harris's policy platform as the election looms. They dive into her potential industrial and tax reforms, and how she could differ from Biden's approach. Politi highlights the challenges of housing affordability and the implications of current tax policies on different income groups. The conversation also touches on Harris's prospective cabinet and economic strategies, raising questions about her future impact on U.S. governance.
31:11
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Quick takeaways
- Kamala Harris's economic platform emphasizes modernizing priorities, particularly in artificial intelligence and advanced technology, reflecting a continuity with Biden’s policies.
- Her proposed tax reforms focus on supporting low and middle-income households while raising taxes on higher income brackets and corporate entities for funding.
Deep dives
Kamalanomics and Policy Continuity
The discussion highlights the policy platform of Vice President Kamala Harris, particularly in relation to economic strategies and how they align with those of President Biden. Both leaders share a similar philosophical approach to industrial policy, with Harris expected to continue the existing measures enacted by the Biden administration. However, she appears to focus more on future industries such as artificial intelligence and advanced technology, potentially indicating a shift towards modernizing economic priorities. This continuity raises questions about the implications for the next administration while suggesting that Harris may not drastically alter the established policies.
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