Go Figure Harris’ Inflated Economic Claims

Harris couldn’t explain in Fox interview why she’d be better on economy & inflation than Trump but cited a claque of progressive economists. WSJ took a closer look at their biased assumptions & Kamala won’t like its conclusions.

First, the editorial board wanted to set the record straight as she told Anchor Baier that “my plans for the economy will strengthen the economy, as have been reviewed by 16 Nobel laureates, Goldman Sachs, Moody’s & the WSJ, which have all studied our plans” & indicated Trump’s “would ignite inflation & invite a recession by the middle of next year.” Fact check is, the editors point out, “the Journal didn’t endorse her economic plan” & she apparently was referring to a news story on a survey of 50 economists with political biases, 68% of whom said prices would rise faster under Trump. But, the editors say, rather than looking at the politics of those economists, “the better way to compare plans is to look at the actual fiscal & inflation record.”

As a cited WSJ chart showed, “inflation averaged 2.1% annually between 2017 & 2019 [under Trump], compared to 5.1% under Biden.” Meanwhile, “Deficits totaled $2.4 trillion during Trump’s first three years compared to $5.8 trillion during Biden’s. The op ed goes on about how the progressive economists rig their conclusions by using assumptions based on their political agendas. Bottom line? Concluded the WSJ: “Harris has adopted the Biden spending agenda & more. Trump is no fiscal conservative, but on deficits & inflation his first-term record is far superior to the four years of Biden-Harris.” Go figure.

Davd Soul