In a lively discussion on Fox News, economist Stephen Moore criticized Kamala Harris, labeling her “the most anti-business presidential candidate of our lifetime” and saying she would harm the working class.
Speaking to Sean Hannity, Moore stressed that Harris’ policies pose a serious threat to the American economy.
The comments came after the ‘Kamala Crash’ of the day, which saw the Dow Jones plunge more than a thousand points on fears of a recession caused by Biden.
Conservative economist Stephen Moore didn’t hold back on his criticism of Kamala Harris during a recent appearance on “Hannity.”
Moore emphasized Harris’ support for policies that he believes would harm the US economy, citing proposals like doubling the capital gains tax and paying capital gains taxes that have not yet been realized.
Moore then highlighted Harris’ opposition to modern oil and gas drilling, particularly fracking.
Moore pointed out that the surge in Harris’ poll numbers was largely due to favorable media coverage of him, comparing it to the honeymoon period. He expressed concern that investors, both domestic and international, may panic at the prospect of him winning the presidency.
Here is an excerpt of the interview via Hannity:
Stephen Moore: Sean, first of all, this is a maestro performance, an overview of Biden and Kamala Harris and what they have done for our economy. You and I have been in this game for a long time, but if you look at the main presidential candidates in the last 30 or 40 years, and include people like, remember, Michael Dukakis and Walter Mondale and Hillary Clinton and John Kerry.
I have to say that Kamala Harris is the most anti-business presidential candidate in my life and my life. I mean, this woman has approved the only policy that will destroy our economy. As already mentioned, doubling the capital tax, paying the unrealized capital tax.
One thing you left out, Sean, don’t forget, he is on record as being against modern oil and gas drilling. He called it fracking. Seventy-five percent of our energy today comes from fracking and horizontal drilling. I don’t even think this lady even knows what fracking is.
But this is a dangerous situation. I think that Donald Trump said it is very well that this Kamala Crash. My hypothesis here, Sean, is that, let’s face it, for the past two weeks, Kamala Harris has had the most amazing honeymoon period in the media. You’d think she was Mother Teresa, and all of a sudden, her poll numbers shot up.
I think many investors around the country and around the world are saying, Holy cow, this woman can actually be elected President. I was the one who caused the complete panic. Now, I don’t think he will be re-elected. I don’t think he will win this election. But if they do, I think it will be a disaster for the economy and the stock market.
Sean Hannity: Steve, let me put some light on it. Do you think what President Trump said, Kamala Kakalakan, has anything to do with the fear of the market that he can do in this race? Please explain.
Stephen Moore: Well, his poll numbers are up because the media treats him like a saint. I think investors are looking at it and just saying, if the policies they’re talking about are implemented, it’s going to be devastating.
One other thing that you didn’t mention, Sean, or at least you briefly talked about it, is that they actually voted for the government to take over the entire health care system. Remember at least Barack Obama. Remember when Barack Obama said, If you like your health, you can keep it? Well, according to Kamala’s plan, even if you like your health, you can’t stay, you will enter the government system.
Look, Joe Biden and Kamala Harris are fiscal pyromaniacs. He has driven our country into bankruptcy with this massive spending. I will submit to you, Sean, that every single one of the problems identified in the monologue all circle back to the massive spending spree, the unprecedented massive debt. I think by now, the chickens have come home to roost.
Via Midnight Rider.
