Stuart Varney: Harris' guiding light is not growth and prosperity, it's winning elections
Kamala Harris' economic ideas have never worked, but are popular with the far-left, Varney argues
Stuart Varney: Harris' guiding light is not growth and prosperity, it's winning elections
'Varney & Co.' host Stuart Varney argues Vice President Kamala Harris is not interested in prosperity for America, only winning the election.
During his "My Take" on Wednesday, "Varney & Co." host Stuart Varney argued Vice President Kamala Harris' economic policies are an "incoherent" collection of ideas that are popular with the far-left wing of her party, but are anti-business and will not grow the economy.
STUART VARNEY: Kamala Harris is cobbling together her own economic policy.
She has come up with a mishmash of ideas that seem to be put together on the fly.
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It is incoherent, but there is one central theme: winning the election.
Vice President Kamala Harris and running mate Minnesota Gov. Tim Walz appear in Glendale, Arizona, on Aug. 9. (Melina Mara/The Washington Post via Getty Images / Getty Images)
That's what campaigns are supposed to do, but it would be nice if the goal were also to return to prosperity.
With big business, punishment, raise taxes on corporations, rant about excessive profits at the grocery store, attack Big Tech, like Nvidia, claim they are dangerous monopolies.
In some quarters, bashing business is popular, but it doesn't bring prosperity, and tax hikes, as the economy slows, are not a good idea.
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Then there are price controls, another element in the "corporate greed" rant.
They have never worked, but again, they're popular in Harris' far-left circles.
Let’s get to the giveaways: $25,000 for first-time homebuyers; $6,000 worth of tax credits for new parents; $50,000 in tax write-offs for business start-ups.
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A half trillion dollars' worth of student loan forgiveness.
This is vote buying, with taxpayer money.
Bash business. Rant against corporate greed. Investigate "excessive profits." Give away hundreds of billions of dollars.
No mention of tax cuts or deregulation, which brought prosperity during Trump's first term.
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Kamala Harris should sit down for interviews with journalists who know something about the economy. I doubt that she will.
She has always worked in government. She has never run a business.
She is a politician, and her guiding light is not growth and prosperity. It is just winning elections.
