Harris Bets on Bidens Economic Record - and a Reboot

Kamala Harris`s presidential campaign centers around two economic themes: promoting the Biden administration`s accomplishments and offering solutions to address voter concerns about the economy. Her timing is favorable as inflation, a major concern during Biden`s presidency, is declining just as voters are making decisions. Economic indicators suggest a "soft landing" with moderating inflation, strong consumer spending, and a potential interest rate cut by the Federal Reserve. Despite these positive signs, consumers remain worried about high costs for housing, food, and healthcare. Harris aims to address these concerns with proposals such as tax credits for first-time homebuyers and families with newborns, measures to increase housing supply, and actions to lower medical and grocery costs.