Welcome back to OnThePoint, this is Greg C. Truax
Vice President Kamala Harris’s economic plan, with its staggering $2 trillion in deficit spending, is a red flag for all taxpayers.
The Biden-Harris administration has already overseen a $7.4 trillion increase in federal debt, which has led to the worst inflation in 40 years.
Her push for hefty down payments for first-time homebuyers would drive up housing costs rather than making them more affordable.
Her plan for price controls on groceries is a throwback to failed policies of the past. Price controls don’t solve inflation; they create shortages and economic distortions.
Harris’s economic plan is focused on short-term political gains, and shows a troubling disregard for fiscal responsibility.
From the NewsTalk 1040 studios, this is Greg C. Truax.
Greg C. Truax is president of GCTMediaGroup, a film production studio, online magazine publisher, radio commentator, and creator of written and broadcast opinion commentary