‘This is not sensible policy, and I think the biggest hope is that it ends up being a lot of rhetoric and no reality’
An economist at Harvard who worked in Barack Obama’s administration when he was in the White House is warning American voters that Kamala Harris’s ideas are not based in “reality.”
This comment came as Harris on Friday announced her agenda for price controls, claiming that would address the inflation that actually has been caused by the trillion dollar spending packages Joe Biden pushed, and she actually provided the critical votes to pass. That inflation is costing American consumers 20% more now for the same lifestyles they had when Bidan took office.
“This is not sensible policy, and I think the biggest hope is that it ends up being a lot of rhetoric and no reality,” Jason Furman said in an interview with the New York Times about the time Harris was announcing her plan, a common device used by repressive nations to make their economies look better than they are.