Kamala Harris and Donald Trump are in a fierce competition to turn a generally well-performing economy into a basket case. Harris favours price controls to end corporate greed, and massive subsidies for favoured sectors and favoured groups. Her ambitious spending plans are to be financed by raising taxes on evil, price-gouging corporations and the rich to the tune of at least $5 trillion over ten years.
Trump favours swingeing tariffs that will raise prices just as inflation is coming under control, unfunded tax breaks for seniors and tip workers — with the trillions in lost tax revenue to be made up by those tariffs, which are aimed at preventing the import of goods that would have been taxed — and more tax cuts intended to
