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Harris Shares Her ‘Pragmatic’ Economic Vision for Middle-Class Voters

In a recent address delivered in Pennsylvania, Vice President Kamala Harris sharply contrasted her economic vision with that of former President Donald Trump. Speaking at the Economic Club of Pittsburgh, she emphasized that her economic philosophy stems from her experiences growing up in a middle-class environment, whereas she characterized Trump’s perspective as derived from a “gilded path to wealth.”

Harris stated, “For Donald Trump, our economy works best if it works for those who own the big skyscrapers. Not those who build them. Not those who wire them. Not those who mop the floors.” Her comments aimed to challenge Trump’s advantage regarding economic perception among voters.

Current polls indicate that many voters trust Trump to manage the economy more effectively than Harris. A recent ABC News/Ipsos poll revealed that 91% of respondents prioritized the economy as a crucial issue, with Trump leading Harris by a seven-point margin on economic matters. Similarly, an NBC News poll indicated a nine-point advantage for Trump.

These statistics illustrate the uphill battle Harris faces in reshaping voter perceptions about the economy, particularly as Trump capitalizes on the prevailing economic challenges attributed to Biden’s administration. Critics of Harris argue that she has yet to provide a concrete plan that would inspire voter confidence for her economic policies over the next four years.

During her speech, she outlined several initiatives aimed at opening pathways to economic opportunity and implementing practical solutions for homeownership, entrepreneurship, and wealth accumulation for everyday Americans. Harris has fixated on the economy and the cost of living throughout her campaign, recently unveiling proposals like a $25,000 down payment assistance program for first-time homebuyers. Additionally, she aims to enhance small business startup tax credits to $50,000, a tenfold increase, along with a $6,000 child tax credit for newborns during their first year.

She asserted that her plan would focus on revitalizing the middle class, advocating for what former President Franklin D. Roosevelt described as “bold, persistent experimentation.” Harris emphasized the necessity of empowering the middle class to act as the “growth engine of our economy,” pledging to reduce taxes for middle-class families—projecting that more than 100 million Americans would benefit from these tax cuts.

Furthermore, to alleviate housing costs, Harris promised to address supply constraints by cutting bureaucratic red tape that hinders home construction. She expressed her intention to confront corporate landlords driving up rental prices and collaborate with builders and developers to create three million new homes and rental units aimed at the middle class.

In contrast, Trump is expected to present his own economic vision in a speech in Michigan on Friday, setting the stage for a juxtaposition of their proposals leading up to the upcoming election.

As the campaign progresses, Harris will need to bolster her messaging on economic matters and demonstrate how her plans can make a tangible difference in voters’ lives if she hopes to close the gap with Trump on this critical issue.

Source: ABC News