Steve Forbes Says Kamala Harris Policies Will Ruin The Middle Class
Highlights
- Steve Forbes has criticized Kamala Harris's policies over the years.
- He noted that her policy direction could impact the middle class.
- Meanwhile, Kamala Harris, says she is for the middle calls and points at growth.
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.
Also Read: Bitcoin ETF Inflows Surge As Ether ETF Loses $133M In Hype Shift
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
- Standard Chartered Predicts Bitcoin Could Drop Below $100K Amid U.S.–China Trade Tensions
- Rising Demand for Verifiable Crypto Ownership Drives Launch of Trezor Safe 7
- Robinhood Lists Binance Coin as BNB Outperforms BTC, ETH, SOL YTD By Over 30%
- Bitget Partners With Google Developer Group On Hackathon To Support AI Innovation
- Can Cardano Save Kadena? Hoskinson Reaches Out After KDA Token Plunges 60% Amid Shutdown
- XRP Price Classical Pattern Points to a Rebound as XRPR ETF Hits $100M Milestone
- Chainlink Price Eyes $27 Rebound as Whales Accumulate 54M LINK
- Pi Network Price Wedge Signals a Rebound as Key Upgrades Raise Utility Hopes
- Solana Price Eyes $240 Recovery as Gemini Launches SOL-Reward Credit Card
- XRP Price Prediction Amid Evernorth’s $1B XRP Treasury Plan – Can XRP Hit $5?
- Ethereum Price Targets $8K Amid John Bollinger’s ‘W’ Bottom Signal and VanEck Staked ETF Filing
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
