Can Kamala Harris win on the economy amid fears of a recession? | Counting the Cost

    Unemployment in the US is at its highest level in nearly three years. And the world’s largest economy looks in danger of falling into recession.

    The data has spooked global markets and called into question the economic record of the Biden-Harris administration.

    Vice President Kamala Harris, the Democratic presidential candidate, may now find it harder to pitch her economic plans.

    She’s got nearly four months to sway voters who trust her rival – Republican Donald Trump – more on the economy. Can she win?

    And why are some European nations still buying Russian oil?

    Plus, Nigerians are angry, but are the president’s reforms to blame for their hardships?

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    #economy #uselection2024 #election2024 #kamalaharris #donaldtrump #russiaukrainewar #nigeria

    27 Comments

    1. A number of Wall Street researchers have weighed in on the economic plans of Trump.

      Economists have taken a more extreme view of Trump's plans. Most economists have warned that there could be serious negative shocks to the country's economy under a Trump economic plan.

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    6. Here daily email inbox is a long list of available job openings. The variety of jobs offers begin with no higher education basic work offering good hourly wage to jobs that require college degree certification offering solid US middle class annual income. Aljazeera broadcast done here presents a too reactionary view. Often in US regional economies do better than other regions.

    7. A thorough presentation. One point not covered – Bidenomics. The Biden fiscal policy has been expansionary, which is the opposite of recession creating. Should a recession occur, which is more likely after the election, it will be the necessary result of FRB monetary policy and not the W.H. But that won't stop the political opportunity for saying otherwise.

    8. Al Jazeera should really strive to have on more left leaning economists to analysis fiscal policy like in Nigeria. The pundit they had on was just regurgitating debunked neoliberal free trade ideology to legitimize the Nigerian governments harmful policies. Lowering tariffs has never historically led to a country developing as the UK, US and other western countries developed robust industries from high tariffs and engaging in heavy subsidising of industries which allowed their infant industries to grow. The "economic consensus" regarding the situation in Nigeria is just immiserating the people who are rightly protesting.

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