Harris Touts Plan for 'Opportunity Economy'

Bloomberg's Kate Ackley and Kate Davidson discuss Vice President Kamala Harris outlining her economic plans for the middle class and share their insights on how Harris might choose pay for this. They both speak with Joe Mathieu on Bloomberg's "Balance of Power."
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[cheersmodreams]

'Soak the rich'. Ya gotta love Bloomberg's version of objective reporting. 😁

[alexcipriani]

it’s not about taxing the “rich” it’s about taxing the capital gains just like you tax labor.

[tropicalkook]

Imagine another 4 years of this administration! What a joke!

[ArabicReja]

Chinese 🇨🇳 property sector, which accounts for 30% of GDP, is crashing.
- Exports and imports, accounting for 37% GDP, are down.
- Foreign investment (FDI) is falling over 90%, lowest in 3 decades.
- Foreign visitors are down 96% compared to the pre-pandemic level in 2019.
- Consumer prices are experiencing deflation.
- Youth unemployment hits over 21%, a record.
- Its fast-shrinking workforce is 10 years older than neighboring countries.
*Still, China keeps reporting outrageous GDP numbers.* Lol
Where does the growth come from?

[seyumaiayami]

Our economy sucks like the job market where everything is offshored.

[bherr]

4 years of failure but now she has a plan.

[chrissmyth]

People aren't really going to fall for this bs are they

[rcpmac]

This current period is one of the rare times when there wasn't a housing subsidy of some kind. When I bought, I had a $3000 down payment and lower than market interest rate.

[jakejager]

Giving $25k to first time home buyers will only make it possible for people who can't afford the overall cost to end up under water...what about those of us that already bought a house and are under water witht the recession caused by rampant bidenomics

[punchetuenge]

Why would anyone think you would be any better than Biden… No way Kamala! Trump 2024

[randys]

How can we trust her owners would actually _allow_ her to disrupt their desperation economy?

[LongNguyen-jy]

Come on ladies, tell people the truth of the cost of Kamala plan! Don't be politically correct!

[Myrmekes]

Blaming grocery stores for making 3 cent on the dollar. Saying they are price gouging. She should be sued. Bared from speaking.

[atlascormac]

We can solve the housing crisis if people would get married, live together, and then have kids.

[ericperaza]

Obviously you pay for it by printing more money that’s a dumb question but obvious answer tell yourself different 😂

[swiftuiforever]

Reducing tax rates increases tax income. I’m surprised your panelists does not understand basic economics.

[eastphiladelphia]

This has greatly reduced my confidence in Bloomberg as a news organization. "Soak the rich" in response to any attempt to get rid of the supply-side planned economy, meaningless speculation about how the supposed lack of details means there are no details, and ludicrously truncated historical analysis, and marketing-major-style discussion of messaging. This is like a podcast or a Fox morning show that's not legally news.

[atlascormac]

We just need to take more of your money

[Brookelynn-._]

The women don’t believe what they saying

[jackiepitts]

Seriously this is her proposal? Does anyone really believe the prices at the grocery store is price gouging??
She has no idea what is going on in this country and needs to go!!