American executive and publisher Steve Forbes says Presidential candidate Kamala Harris will ruin the middle class through her policies. He concluded the current policies she’s pursued so far that will significantly increase government spending. This comes as the Presidential campaign intensifies ahead of the election. 

Steve Forbes Knocks Kamala Harris Policies 

Steve Forbes has taken a swipe at the policy direction of Kamala Harris in recent times. In a new Fox Business interview, he concurred with takes about  Kamala Harris increasing government spending. From Medicare for All, the elimination of private health insurance costs the government about $3 trillion a year. This is an addition to the Green New Deal over $6 trillion a year. This raises the total figure to about $10 trillion.

“Well and it gets worse when you dig into it, she wants to ban fracking, so energy costs are going to go up, which means the American economy is going to do worse, and the world’s situation is going to do worse as we become more dependent on places like Russia. She wants substantial tax increases and on the health care side it’s not just money, it’s going to hurt people’s health care.”

Steve Forbes noted that these policies could increase waiting lines at the hospital as seen in other countries where the government dominates healthcare. Addressing issues of raising taxes despite high inflation, he added that she would ruin the middle class with these policies as well as prevent low-income people from attaining the middle class. 

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VP Harris Wants To Build The Middle Class 

Although a section of commentators have criticized her policies, Kamala Harris continues to double down on her middle-class promotion agenda stressing that her policies will grow the demographic. In a recent post on X (formerly Twitter), she stated that when the middle class is strong, America is strong. 

According to hosts at Fox Business, President Joe Biden has also hurt the middle class with his policies. Crypto enthusiasts have stressed that a pro-crypto policy could increase financial inclusion for all amid the administration’s “war” on the market.

Also Read: Global Equity Sell-off Puts Strong Selling Pressure on Bitcoin, Ether 

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Filed under: News - @ July 25, 2024 7:22 am