During a campaign rally in North Carolina on Friday, Vice President Harris introduced her economic strategy, branding it as an initiative to foster an “opportunity economy.”
“Our vision is to create an opportunity economy,” Harris declared at the Raleigh event. “It’s an economy where every individual has a genuine chance to compete and succeed, regardless of their background or starting point. Everyone should have the chance to build wealth for themselves and their families.”
The rally in Raleigh highlights Harris’s commitment to tackling economic challenges and strengthening the middle class
This rally aimed to highlight the economic proposals Harris’s campaign has recently announced, which she promises to prioritize within her first 100 days if elected.
Her plan includes a federal prohibition on price gouging, urging the Federal Trade Commission and state attorneys general to scrutinize corporations for unfair price hikes. It also outlines strategies to address the housing crisis through new construction and down-payment assistance for first-time homebuyers, along with an expansion of the child tax credit.
In response, Trump’s campaign criticized the proposals, likening them to socialist policies from countries like Cuba and Venezuela, and arguing that the price gouging ban would amount to ineffective government price controls.
“I plan to eliminate unnecessary bureaucracy and streamline regulations while maintaining a stable and transparent business environment,” Harris responded.
Harris emphasized the importance of strengthening the middle class as central to her economic vision. She highlighted her agenda as a proactive measure to tackle economic issues that have been challenging for President Biden.
The Trump campaign has attempted to connect Harris with Biden’s administration, noting her role as vice president.
Harris defended her plan against criticism, stating it would benefit smaller food businesses and enhance industry competitiveness. She criticized Trump’s economic proposals, alleging they would impose higher costs on everyday items through tariffs and tax hikes.
Trump’s first term saw the imposition of tariffs on China, and he has proposed further tariffs and tax cuts for corporations, which Harris argues would disproportionately benefit the wealthy and harm American consumers.
“Look at who someone advocates for to understand their priorities,” Harris asserted at the rally.
