Fox Business Host Charles Payne Destroys Harris’ ‘Economic Plan’
Vice President Kamala Harris, the Democrat nominee for president, has announced her economic plan for the nation and it was met with harsh criticism.
Many have compared it to communism, with some dubbing it Kamunism as a play on her name.
Among the critics was Fox Business host Charles Payne who believes it is a disaster.
“It’s a lot, right? I mean, it’s essentially what we’re talking about, this gargantuan big government that controls everything. What we’re talking about is a war on capitalism,” the host and economic expert said.
“They really do not believe in capitalism. And to be quite honest, Dave, when I sat down, I heard you talking about how this has surprised some people. I was never… I never bought in that she was shifting her spots, you know,” Payne continued.
“But then the selection of the governor from Minnesota solidified this. They are infatuated with some sort of big government, knows all, does all, can provide all, and they are not fans of the for-profit motivation or capitalism because it’s not even about economics for them. They’ve got to wrap it in the veneer of economics. It’s always, always about control. They want to control. They want to be able to pick winners and losers and also be able to punish those losers,” the host said.
“When they talk so vitriolically about companies, to David’s point, last time Kroger reported their earnings, their profit margins went down from 3.5% to 2.9%. Now, I don’t care what definition of gouging you may have, that’s not it. I don’t care what anyone says, 2.9% ain’t gouging. By the way, they have tens and tens and tens and tens of thousands of employees,” Payne noted further.
“And America’s got to decide. You know, I know this is sexy, might be sexy, sounds fair to younger people, but you have to really understand, the one thing that people need to look at is when President Biden and Vice President Harris talked, the one thing they keep talking about is how quickly America rebounded, how it’s doing much better than its rivals. Now, they want to take credit for it, but we have been the best economy in the world since the late 1800s,” the host said.
“We ushered in American-style capitalism. So they didn’t do anything special, but the question is, if we are so great, why do you want to change us? Why do you want to change all of the things that made us the greatest country in the world? Why? Think about that. Think about all the amazing things out there right now that are changing society, that are changing humanity,” said Payne.
“You know, you look at the stock market. We’re 60% of the world’s stock market. Number two, China at about 5%. These European countries, you can’t even find them on there. Do we really want to be that? Do we want to be a country that doesn’t innovate, a country that’s just saddled with debt? I mean, it’s just, listen, at least in Europe, they’ve got so many places you can visit. It’s a nice place to visit for tourists, but, you know, we don’t want it,” he said.
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