Steve Forbes SLAMS Kamala Harris’s Plan!

Steve Forbes, Editor-in-chief of Forbes and a Republican businessman, blasted Vice President Kamala Harris’s economic proposals on Fox Business Thursday, describing them as “modern socialism.” Forbes argued that Harris aims to “control” the U.S. rather than “liberate” it.

“This is about controlling the economy, not liberating the economy. I think the American people will see through it. This stuff never works. If you want to see how well it works, go to North Korea, go to Cuba, and go to the old Soviet Union. Look it up, Kamala,” Forbes said. “I don’t think the American voters are going to accept a collapse of the American economy, doing things that hurt the economy rather than help it. Liberate it as President Trump is proposing. Take the shackles off. Reduce regulation. Reduce taxes, and by golly, the American people will come through as they’ve all done in the past.”

The only reason Biden is still President is so that Harris can escape the blame for this disastrous administration. https://t.co/57pVUbVXpw

— Steve Forbes (@SteveForbesCEO) August 15, 2024

Harris is scheduled to reveal her complete economic plan in a speech on Friday in North Carolina, where she is expected to blame corporate consolidation and greed for the increasing prices at grocery stores, according to The Hill. Although the July Consumer Price Index (CPI) report indicated a 2.9% year-over-year decline in inflation, overall food prices have surged by more than 20% since Biden assumed office in January 2021.

Here's your summary of Kamala's speech on the economy:

1) "Our country has come a long way since Biden and I took office"
2) "The price of food is up 50% today than it was four years ago."
3) "Home ownership is out of reach for far too many American families."
4) "I will chart a… pic.twitter.com/1FYxUz9nw3

— Greg Price (@greg_price11) August 16, 2024

“It’s modern socialism. You don’t take things over. You just regulate it extensively, run it to the ground and blame those who are running it, even though you put them out of business. It’s a failed formula, and I don’t think we’re going to have to go through it,” Forbes added.

An August poll conducted by the Financial Times and the University of Michigan reveals that Harris now has a slight lead over former President Donald Trump by one point in terms of who Americans think can manage the economy better. This is despite nearly half of the respondents feeling that the Biden administration’s policies have “hurt the economy.” However, the data also indicates that 42% of voters believe they would be “better off” financially under another Trump administration, while 33% feel the same about Harris.