Voter Concerns About the Economy Bedevil the Harris Campaign
Vice President Kamala Harris needs to win in November. Can she convince Americans to trust her on the economy?
Vice President Kamala Harris faces mounting challenges as she gears up for the 2024 election, with voter concerns about the economy posing a significant hurdle.
Inflation, rising interest rates, and concerns about job stability dominate the electorate’s mindset, and Harris must convince Americans that her administration can address these critical issues.
Can she do it? Or will things worsen before Election Day?
“The Fed’s interest rate cut reflects an increasingly troubled economy,” fretted Helaine Olen for MSNBC on September 18. “Under the surface, signs of economic trouble are increasing.”
“On Wednesday, the Federal Reserve lowered its benchmark interest rate by half a percentage point,” explained Olen. “The action will take the rate to between 4.75% and 5% immediately. The Fed also announced more cuts are likely before the end of the year. The combination suggests the Fed is taking the threat of a slowdown to the American economy seriously.”
“The inflation that’s hurting American families the most right now is high interest rates — and the Fed’s rate cut can do something about that,” she proposed…