Summary: Kamala Harris has released an extensive economic policy platform that includes plans for housing, manufacturing, and energy. She aims to increase competition in healthcare and cap out-of-pocket costs, while also promoting both renewable energy and fossil fuel production. Overall, her policies focus on deregulation and expanding opportunities for first-time homebuyers and small businesses.
the CTC and the EITC are the best forms of welfare spending that the U.S. government has ever implemented. (View Highlight)
Harris’ plan to lower grocery costs relies mostly on increasing competition in the space. (View Highlight)
The problem with the U.S. health care system, especially after Obamacare, is not that Americans don’t have access to health insurance. It’s that actual health services are overpriced. We need cost control. (View Highlight)
Harris’ plan is to continue subsidizing green energy and allowing fossil fuel drilling. Good. She also recognizes the national security benefits of having a battery supply chain in the U.S. instead of relying entirely on China. Also good. (View Highlight)
hassle costs — everyday risks, fees, small punishments, paperwork, and so on — are one thing that keeps poor people in poverty, especially in America. These are also just a general annoyance for everyone else, and reduce quality of life. (View Highlight)
the most important thing we need to do in order to increase housing supply is to slash the regulation that stops homes from being built — zoning, parking requirements, and so on. (View Highlight)
Harris wants to greatly expand apprenticeship programs, end college degree requirements for lots of federal jobs, and expand training for construction workers. (View Highlight)
She also supports a minimum tax for billionaires — a symbolic policy that won’t do a lot, since there aren’t many billionaires. She also wants to raise taxes on long-term capital gains for the rich, which is a good idea and won’t hurt the economy. (View Highlight)