Fox Business host Charles Payne said Friday that Vice President Kamala Harris' campaign is waging a “war on capitalism” by taking “control” of the economy.
Harris unveiled her economic plan at a rally on Friday in Raleigh, North Carolina, promising to impose federal law on food and grocery companies to stop “price gouging.” Payne argued on “The Story with Martha MacCallum” that Harris' newly announced economic policies prove her campaign is “obsessed” with an approach in which “government knows everything, can do everything and give you everything.”
“We're talking about a war on capitalism,” Payne said. “They don't really believe in capitalism. I never thought she was changing her position. But the election of Governor Minnesota [Tim Walz] They cemented this. They are obsessed with some kind of big government that knows everything, does everything, and provides everything, and they are no fans of profit or capitalism…It's always about control. They want to control, they want to pick winners and losers, and they want to punish the losers.”
Charles Payne warns Harris campaign is waging 'war on capitalism' pic.twitter.com/FW6NHMRyxc
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The Consumer Price Index (CPI) fell below 3% in July for the first time in two years. The CPI increased 2.9% year-over-year in July and increased 0.2% month-over-month, down from 3.0% in June. According to To the U.S. Bureau of Labor Statistics.
“No matter what anyone says, 2.9% is not a rip-off,” Payne argued.
Payne also said the US is in the best economic position since the late 19th century and argued the administration cannot take credit for the economic recovery following the coronavirus pandemic. (Related article: Doocy asks Biden if he's worried about Kamala Harris distancing herself from Biden's economic policies)
“If we are so great, why try to change us?” Payne mused. “Why try to change everything that has made us the greatest country in the world? Why? Think about it. Think about all the great things out there that are changing society, changing humanity.”
Harris also unveiled plans to build 3 million new homes during her first term and provide tax breaks to builders who build homes for first-time homebuyers, CBS News reported. ReportedThe vice president also said he would call on Congress to pass the Stop Rental Housing Cartel Algorithmic Promotion Act, which aims to prevent landlords from using price-fixing algorithms to increase rents.
Harris also unveiled a plan to expand the child tax credit by providing a $6,000 tax cut to families with newborns, CBS reported.
Former President Donald Trump, in a Truth Social post on Saturday, accused Harris of copying his own proposal to eliminate tip taxes on hospitality workers. Trump first announced the policy proposal at a rally in Las Vegas on June 9, and Harris floated the idea at a rally on Saturday.
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