Capitalisn't Harris vs. Trump: Economics Beyond The "Vibes"
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Oct 3, 2024 The economic proposals from Kamala Harris and Donald Trump are put under the spotlight. Both candidates are criticized for their vague strategies, relying on 'vibes' rather than specifics. The conversation dives into the implications of tariffs, housing costs, and healthcare expenses. There's a compelling discussion on energy transitions, focusing on renewable sources versus natural gas. They also highlight the lack of discourse on national debt and the evolution of crypto regulations, revealing gaps in candidates' economic frameworks.
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Vibes Over Substance
- Both U.S. presidential candidates are running on vibes rather than specific policy proposals.
- This makes it difficult to analyze their economic platforms.
Tariff Shift
- Traditionally, tariffs were avoided by Republicans.
- Now, both Biden and Trump administrations have embraced them, signaling a shift in economic policy.
Fiscal Irresponsibility
- Fiscal responsibility has diminished for both parties over time.
- Trump's administration amplified this trend, openly disregarding budget concerns.