Harrisomics

00:00

Hello everybody, welcome back another episode of Why Do I Care? I'm your host Toby Favallora. And I'm Alex Gervais. And today we'll be discussing Kamala Harris's economic plan. So without further ado, let's get right to it. The French fry, a staple of the American diet and a staple of Donald Trump's diet. For many Americans, the French fry is not merely a food, but Toby, it's an economic indicator.

00:28

The price of a fry, the price of a Big Mac, for many, is the only way that people actually see the results of our economy and of inflation. That's true. Binomics more like McDonaldomics. That was a really bad joke. I thought it could have hit. Now it didn't land? It did not land. Unlike Jerome Powell on the soft landing, Toby. Now that, that was a great landing. Oh, this is gonna be a long episode. All right. So just.

00:56

jumping right into it yet the clip that you heard was of donald trump serving french fries as a campaign events it wasn't i don't even know how to describe it yeah it was uh... a man stroking his own ego by shutting down a mcdonald's for a full day so he could give out french fries and big macs to his supporters who were not you know just read people driving buying cars but instead people who were kind of preordained to be there by the trump campaign uh... my favorite part of the whole event

01:24

was just kind of how relieved Trump seemed when he realized that they have the little like tool for the french fries and not, it wasn't just someone grabbing them with their hands. I think, you know, before he had kind of worried internally because he's secretly extremely germaphobic. But I think now maybe he's a little bit more relieved, you know, maybe he realizes that those Big Macs and fries that he served to Clemson players after they won the national title really were clean in the real deal. My favorite thing is that.

01:51

afterwards he's like oh I bet the McDonald's stock is going to go way up but then they had this whole like E. coli thing and the stock is way down I think that's my favorite thing so he just completely jinxed it. Well yeah because Trump gave them E. coli. Oh 100% yeah okay. Yep Donald Trump that is his fault. Mm-hmm. Yeah Trump he ruins everything including the economy. It's a transition right there. So what we're going to talk about today is we're going to talk about Kamala Harris's economic plan because one of the the most important issues for Americans in this election is the economy.

02:21

And Donald Trump, he has been able to somehow paint this picture that he is great for the economy. He's smart. He's a businessman. He has never bankrupted a casino. Like all these things that it kind of does feed into his image. And yeah, in 2016, that's kind of all people knew him for. Like, oh, he must be good, but really isn't that great. And as we're going to touch on a little bit later in the episode, some Nobel laureates agree that his economic plan is really not the best.

02:51

That great. But we're gonna just kind of jump into what is Kamala Harris thinking? What does Kamala Harris wanna do? What is her plan? Because I feel like oftentimes in this election, a lot of what Democrats and the media is saying is like, oh Harris, she just isn't Trump. But this is gonna be one of her plans. We're gonna dive into her plans and how it's gonna help people and how it's going to encourage this middle class to regrow and that's how it's gonna lift people out of poverty and how it's gonna help everyday Americans.

03:19

lived through that American dream. Yeah, and I absolutely, and I feel like one of the gripes many people, especially in the progressive wing in the Democratic Party had coming into like the beginning of her campaign is that it took her a while to kind of lay out concrete policy standpoints, right? Which makes sense because starting a presidential campaign from scratch two months out is not an easy task at all. But you know, I think some voters are definitely relieved and or more motivated.

03:49

to go out to vote to volunteer now that they know that there are kind of these concrete things that they are actually fighting for that they can you know actually go out and be like okay this is our legislative agenda this is what we're going to do these are where the loans are going to come from this is how we're going to pay for it right. I think that's a real relief for lots of voters. Yeah 100% and if you're the Harris campaign you're kind of looking at some of the polling data and you realize like oh we're kind of slipping in this group that we kind of thought we could count on and that would be these these black men.

04:18

And a part of that is directly addressed in her economic agenda as what she calls her opportunity agenda. And what this is, is it's a plan for these young black men to be able to get started in businesses and able to try to buy homes. And it's really just targeted towards them, not only politically, because I'm sure that was part of the reason that she did this, but also because it's important. And this is going to be a very helpful tool to.

04:48

lift up and to encourage these small businesses, which America's kinda seen dying. So a big part of this plan is that there are these $20,000 forgivable loans for black entrepreneurs. So what a forgivable loan is, is that if somebody isn't able to pay it, or if there's certain conditions to be met, the payment can kinda be deferred, or it could be done later. And that's really important for a startup. Like this.

05:15

the income isn't gonna be necessarily steady, you don't know when you're gonna be getting a profit. So being sure that it's gonna be forgivable and if something is to happen that there, it's not gonna be like an ender for this company, which I think it's important. Yeah, and I'm also, you know, having the government play that role instead of a private bank or an individual I think is also really important. Just because it lends the entire system.

05:43

a lot of legitimacy, you know, leverage and power that you wouldn't see if you had, you know, these individual hopeful small business owners having to go out and apply for loans on their own, right? Being backed by the government, I think is extremely powerful in this instance. Yeah, no, I completely agree. And speaking of government kind of getting more involved, what she also has talked about is having some framework for cryptocurrency. And this is something that might be like, why does this go under her opportunity agenda for black men?

06:11

Well, the campaign and Kamala were very set on noting that 20% of black Americans own cryptocurrency. And this is something that is, it's very important because crypto is, it's new. It's something that we don't really know the effects of. Nobody really understands it. Like people can say, oh yeah, the blockchain, I understand it. No one really gets how crypto works.

06:37

what it really even is. We see these NFT crazes, we see the Bitcoin crazes, whatever, and it's just, it spikes up and down so much, and it seems like a market that should have been started to be, you know, regulated a while ago, but it wasn't, and I like how she's going after this and being aggressive with regulating it. Yeah, I mean, I don't know how much of this is actual regulation in opposed to just kind of making an agenda based around or having

07:06

cryptocurrency involved with it. I mean, this is unrelated, but I believe we need regulation in the crypto industry, but the reality is that there is a lot of money there that so far has been relatively untapped by political campaigns. It did not play a huge role in 2020 or 2022, but you've seen both sides reach out to crypto and try to get, you know, there are millions just because it can be the deciding factor in an election, you know, 100, 200 million dollars from the crypto industry can really go a long way.

07:35

For mailers and volunteers and you know swing states so like like the reality is that there is you know political viability? Behind making these appeals that is not just about economic prosperity, but also about trying to win this year Yeah, and it's it's something that I'm surprised hasn't been addressed And I feel like it will likely be addressed along with AI I bet they try to bundle those two together just it's gonna be easier like

08:03

Oh, 21st century, what are we dealing with? We're gonna deal with AI and crypto at the same time. But moving on, another part of her opportunity agenda is gonna be this investment in education, apprenticeships, and mentorships for these black men. And this is something that's really important because it doesn't push college on anybody. And that's something that politically has been, it's been run on. You don't need to go to college to have a good job is what should be the truth.

08:31

But nowadays we start to see more and more that college education is a requirement for certain types of jobs, and that never used to be the case. And that's really dangerous because student loans are expensive. And what could happen is if you go to college for two years, three years, you take on these loans, but you're unable to finish college because something comes up, then you're stuck with these loans and you don't have a degree to help you get out of it. So Kamala saying, you know what, we're gonna invest in education, public education.

09:01

The apprenticeships is very important because that's going to help people who didn't go to college get into like a trade job or something like that. That's going to be very important. And these mentorships as well. And this could kind of tie back into the loans that she wants to give to like young black entrepreneurs is this is just going to be helpful to have somebody who knows what they're talking about to lead you when you're, you know, starting a business. So all these things I really do think is very smart because

09:28

you shouldn't need to go to college to get an education and to be able to have a job that pays you enough to thrive. Yeah, and I mean, part of this is also about kind of shifting the backbone of our American economy, right? When we talk about kind of these apprenticeships, these manufacturing jobs, right? We think of the Rust Belt, we think of Ohio, we think of Michigan, we think of Pennsylvania. What we don't, and typically the people in those jobs you would characterize as like white. So like, I think changing

09:59

That stereotype and being that like, you know, these jobs, these apprenticeships, they can be for everyone, they are for everyone, and the American economy needs them to become increasingly diverse in order for us to keep pushing along in the 21st century, I think is a powerful message that they can send. Yeah, no, I completely agree. And tying on into this is that she also wants to increase the public service loan forgiveness that will be used to try to recruit these young black male teachers.

10:28

And this is something that's helpful. It's just like a tool that if you work for like the government or a nonprofit or something, it's going to be easier for you to pay off your student loans. And that's something that's very important and powerful because if you're looking at this group of young black men and you say, okay, we want to give them options to not have to go to college necessarily. We want to encourage them to be able to start their own small businesses. If we want to.

10:55

you know, ensure that they are able to get a public education that is going to help them in their life, which is very clear what this agenda is trying to do. Having this incentive for young black male teachers to go teach young black males, it makes sense, right? Like, if this is the group, if this is so clearly what she's trying to do, is that, like, she doesn't want to have everybody go to college and she's starting with this group of black men. Like, the best way to do that is to have, like, a black man.

11:24

teach another black man about these opportunities that he himself was given. And I think that this is something that, I think it should go to every teacher. I think if you are a teacher, frankly I don't think you should have to pay for college at all if you're a teacher. But that's gonna be an uphill battle. But I think teachers in and of itself is just something that we haven't touched on enough in America. Teachers are important. They're the backbone of this generation and the next generation. And they just don't get enough. And I think this is a fantastic first step.

11:53

Yeah, absolutely. You know, at the end of the day, we need more funding for education. Yeah. Yeah. Yeah. So moving on from her opportunity agenda for black men into something that she's going to try to target for every American. It kind of ties back into her former idea for kind of trying to promote small businesses. But what she wants to do is to do a fifty thousand dollar tax deduction for these new small businesses, which is going to be an increase from five thousand dollars. So you might be saying, like, oh, my gosh, you're just adding a whole nother zero there. That's big. Yeah.

12:22

It is. This is going to encourage small businesses. Small businesses are so unbelievably important, and especially in America, where we, as a country, thrive and take pride in our innovation, in our inventions. And the best way to innovate and to force innovation is to have these small businesses doing that, because that's the best way, if you're a small business, is to innovate, is to create something new, because that's how you kind of, you know, distinguish yourself.

12:50

Yeah, and I mean, economic reality is that starting a small business is not cost effective or cost efficient. You know, you have a long time when you're running essentially at a loss. And for a lot of people who are, you know, running that kind of mom and pop shop that's not, you know, selling AI technology, but instead they're selling sandwiches, it can be tough to recoup those margins quickly. But you know, having that $50,000 tax credit can, you know, kind of lift such a burden.

13:18

off the people who are trying to start these small businesses, trying to revitalize their communities, you know, going out, taking that risk. And it's a powerful message sent to America. Yeah, you talk about revitalizing communities. That's something that I know I have experienced when I've gone more rural places, like I did the service ship in West Virginia. And you can tell that what used to be a thriving downtown or a main street was just kind of replaced by like a Dollar General or a Walmart. These big name stores.

13:47

take over the need for a mom and pop. Like if you have a Walmart that's going to offer prices that are so low, no one can really compete with it, why would you bother having this? It's because that is how you help your economy, your local economy, is by having the money locally, being spent locally instead of being spent at like a big name store, because that's gonna keep it in the community. And that's something that's really important. And also of note, the Harris campaign and the possible administration.

14:14

they have the goal of in the first two years to have 25 million new small business applications, which I think is 100%. I think that's fantastic. I think that's great. I think that's an amazing idea. I think that's something that, of course, they should do and they should try to go after. I think it's like a no brainer. Absolutely, yeah. So then moving on to something that it's referred to as like how do Americans really feel about the economy? And that's gonna be kitchen table, like grocery prices.

14:43

how do grocery prices impact the economy? This is like classic politics, like how much is eggs? How much is milk? How much does it cost to do this? And the idea that the prices have really gone up a whole lot, yes they did, but they've also kind of come back down a little bit, but it's still an issue that impacts many Americans. Well yeah, I mean like every week you see a new tweet, it's like oh I got steak and a gallon of milk and it was 30 bucks and it wasn't because they bought it at like Erewhon. But you know, it is an issue.

15:13

for a lot of Americans. And I think it's also kind of tough for people to understand that where we are with grocery prices, we are here because of large corporations. And it's why Kamala Harris is going to work to ban corporate price gouging. That's one of the big points of her economic agenda. And it's also the fact that these prices can never really come back down to where they were pre-pandemic, right? When you have inflationary pressures in an economy, right, those prices get risen.

15:42

And then you have to go back to kind of a health level inflation, which for many economies is two to 3%. But you never see deflation, right? When you see deflation, that means your economy is dying. You know, it's 2008. It's, you know, 1929. It's the Great Depression, right? So I think that a lot of Americans should be rightfully angry that their grocery prices are this high. But they also kind of need to look at a wider economic picture and realize that things are going to get more expensive in the future. Prices are never going to, you know, we're never going to have.

16:12

milk that's like a dollar fifty again. But we can still do a lot of things to kind of help out the pocketbook and make you know the rich pay their fair share and stop you know price gouging the poorest people in our society. Yeah and this is just a recurring theme for Democrats frankly. It's like we don't want people everyday people to pay more because some rich assholes want more money in their pockets and that's that's what Kamala Harris is aiming to try to do. We talked about.

16:38

ban on price gouging in the food industry, but also she wants the FTC to be able to investigate this like price fixing, specifically these meat supply chains. And then also supporting these smaller mom and pop little grocery stores in really a big scrutiny on these like gigantic mergers because the fact that we are starting to see grocery stores become so heavily monopolized is frankly kind of scary. Like a lot of people do do their shopping at Walmart.

17:07

or they do it at these big chains. And that's something that is just, it's a dangerous path to go down for multiple reasons. But first and foremost is, if you have three big grocery stores in America, it's gonna be a whole lot easier for them to just jack those prices up for no reason. Yeah, I mean, it's classic cartel economics. And the reality is that Walmart is the largest retailer in the US. And even though they didn't start exclusively grocery, they've pivoted.

17:36

really sense the pandemic on trying to become a grocer that's going to control a majority of, you know, America's grocery market, which I think is again, it's kind of scary. And it's something that we haven't seen before, you know, we're used to big tech having these monopolies or like the banks, what we aren't used to is only getting food from a few companies, right? Like that, that feels strange, I think, for many Americans, even if they don't realize that it's happening. So yeah, you know, Brent,

18:05

Banning price gouging, trying to break up some of these large monopolies is really crucial. Big thing they can do is bringing back Lena Kahn as the head of the FEC. She is right now. She has done a fantastic job in regulating our corporations, so much so that some large Democratic donors want her out of her position because she's costing them money. But she's done a fantastic job. If the Harris administration wins and they bring her back, I think that would be huge.

18:34

for this agenda and honestly for the American people. Yeah, and while we're on the topic of these inelastic goods, goods that Americans need to buy no matter what, we can also talk about what Kamala wants to do for these prescription drug prices because just like food, you still need your insulin, you still need your eggs. You can't avoid that, you can't put that off. So what she wants to do is she wants to cap insulin at $35, which is, I can't believe I had to say this, obviously, if you need a medication, it should not be

19:03

that it shouldn't be so expensive. Like the fact that we even have this conversation is absolutely crazy. But she also wants to try to limit the out-of-pocket drug expenses to $2,000 per year. And she wants to speed up how fast Medicare can negotiate the price on these drugs, which it's a no-brainer. Like...

19:27

People who need medication to survive should not have to worry about money. Like we have enough money as a society that people should not have to worry about these things. And the fact that we still have to do it, it's just crazy. Like it seems like it's honestly like a basic human right. Yeah, yeah I mean I don't wanna sound like Jim Griffin or Mary Sanders here. But you know like big pharma has played a huge role in this.

19:55

and price gouging the American people over the decades. And I don't know that this is exactly standing up to them, but it's doing something, and I think something is what we need. Yeah, and I don't know. It feels like the fact that we even need to discuss this is just, it's disgusting as an American. Yeah. Like people should not have to decide whether or not they should go grocery shopping or.

20:21

keep themselves alive with the medication that they need. People should not have to worry about rationing their own life saving medication. It's crazy. Like it's scary that we're at this point in America democracy capitalism. Yeah, it's honestly frankly scary. Something else that has been a very important part of Democrats as a whole has been housing costs. So just how do Americans buy houses?

20:50

how do Americans start to create? Because what happens if you buy houses is you essentially, you don't create generational wealth necessarily, but it's a very good investment, because that's something that you can pass down to next generations, and that's something that people can live in. That it's, like yes, it's a home, that's where you live, but it's also financially, it's a tool to be able to survive, to thrive. Because if you don't have to pay,

21:20

rents, say you buy a house and you are able to pay off and pass it off to your children, they won't need to pay mortgage on it or they won't need to pay rent and that's huge because then that money can be spent somewhere else and that could be, it's a very helpful investment which is why it's so important to focus on housing. So what Democrats and specifically Harris wants to do is she wants to give a $25,000 down payment assistance for these first time homeowners which is huge.

21:46

We want people, especially young people, to be able to afford houses, and this is something that is gonna help. She also wants to build three million new housing units in the next four years, which is, yes, if we have a housing shortage, build more houses, which is something that people really haven't talked about. But also, she wants to give $40 billion for innovation to fund, to address this housing shortages. So basically, the two things that she wants to do is give money to first-time homeowners

22:16

for houses to be built. Yeah, and I mean, this is kind of the first time in a long time that we've seen housing as a national debate, as something that we actually talk about on the national stage. And we have not done enough of that in the past, especially in these solidly blue states, where a lot of kind of like nimbious ideas and rhetoric have kind of taken over the public discourse around housing. Just thinking about where we're filming from right now, at Trinity College in Hartford, Connecticut, we're in a city.

22:46

that has one of the highest rentership rates in our nation. It comes from a long history of redlining and other factors that are kind of outside the scope of just this podcast. It would take a very long time to explain, but the thing is that these small changes are gonna make an impact for the people who just need a little bit more help trying to buy a home, trying to get that piece of social mobility that is just so crucial.

23:14

in really trying to fulfill the American dream. Yeah, when we talk about American dream, honestly, I think one of the keystones of the American dream is being able to buy your first house. And I think that's something that people have struggled with. A lot of people's parents were able to buy a house, but then you see people go off and they don't have the money to buy a house. And there's multiple different reasons for that, but it's definitely something that we need to address before we can address many of these larger scale issues.

23:44

So we're going to jump to an issue that it's very important, and that's going to be the minimum wage. The fact that the federal minimum wage hasn't been raised is crazy to me. It should be raised. I understand why some people want to say, oh, it should be up to the states. I understand that state to state it's slightly different. However, if you leave it to the states and the states, they don't do anything. That's when the federal government needs to go in. So to the argument that it should be up to the states.

24:11

Sure, but they didn't do anything. They haven't done anything. So I don't trust them to do anything. Kamala Harris, she has supported raising the minimum wage. She hasn't said to what yet, to the argument that, oh, it's gonna cause rampant inflation. No, it's not. Yeah. It's been proven, that's not. Yeah, and I mean, the national minimum wage is $7.25. If you're a service worker, that can become even lower.

24:38

due to just the way that tips work, where you have some Waffle House employees in the South making $4 an hour, which is absolutely blasphemous. Right? And it just goes to show the divisions that we begin to see within our country. In a state like Massachusetts or Connecticut, you have a wage that is not yet a living wage, but it's closer. It's $15 an hour. It's $16 an hour. It's something that you can almost live on. Whereas,

25:05

In other states, Alabama, Mississippi, the 725 is not enough to even go through the basic functions of life. And a lot of Republicans talk about trying to not be dependent on the government, getting off welfare, all their BS rhetoric they've used in the past. They don't realize that raising the minimum wage is how you do that. It's how you build true financial independence. It's how you make people feel like they have control over their own destiny.

25:34

economically, which I think a lot of Americans don't feel right now. So raising the national minimum wage to absolutely be a priority for this next legislative session and for the Harris administration. No, yeah, 100% because we do all this talking about how do you help people. There's only so much you can do, but being sure that they are paid more is the easiest. Like, that's the easiest step and the fact that we haven't talked about it.

25:59

The fact that inflation has gone up, but we haven't increased the minimum wage is crazy. The fact that the cost of living has gone up, but we haven't increased the minimum wage is crazy. The fact that it's harder for people than ever to survive on the wage that they get, but we haven't increased the wage in years, that's crazy. I think the bare minimum that they should do is they should A, increase the raise, but then 100% they have to tie that to inflation. It has to increase with inflation, it has to. Or else what's the point? Yeah.

26:27

Yeah, and also in thinking about, you know, a thing like social security, right, that a lot of Americans rely on, that is something that is tied to inflation, not as well as it should be, cannot support being, you know, or social security itself does not keep up exactly with inflation, but it raises, like, with inflation. So thinking about, you know, that we already have these kind of methods and things in place, that like, this is kind of common sense, like, this is something that we can do, we know how to do it, and we should pass it.

26:57

100%. So what we're going to do now is we're going to compare the Harris kind of camp, like what is she doing and how does that compare to Biden and Trump. So for Biden, it's pretty similar, right? They're both Democrats. He picked her to be his running mate for a reason. It's not because they're like completely, it's like, you know, it's not like a Joe Manchin picking an A or C type. Like they're pretty similar. That's why they ran together.

27:20

However, she is going to be more aggressive specifically in housing and investing in these communities that just kind of need a little bit of help. We see that in her plans. Yeah. And I mean, also the reality is that Biden had to build back, you know, build back better after COVID. You know, he passed the Inflation Reduction Act, which, you know, lowered child poverty in this country for the first time in generations. But you know, they just have kind of different contexts of what they need to do. You know, Biden had to build back. Now Harris has to improve.

27:50

Yes, no, 100%. And as for Trump, Trump, he really just, he focuses on raising these tariffs and he wants to cut taxes and regulations. This is something that, it's become the new norm for the Republican Party. It didn't used to be like, they never really wanted all these tariffs. They thought tariffs were bad for free trade, but Trump went in and he changed that and he flipped the entire Republican Party on his head because that's what he can do. But then cutting taxes, costing Social Security, Medicare, Medicaid to give tax cuts to his rich buddies, is something that,

28:19

You know, he did in 2018, that's what the Democrats, that's how they won the House back, he's gonna do it again, no surprise, because that's Donald Trump for you. Like, that's who he is. Yeah, and the Harris' plan would increase the deficit, that is true, by about $3.5 trillion, which is, everyone's gonna be like, oh my God, like, yeah, the Republicans are right, like, Harris is gonna increase the plan. Trump, what he's gonna do, that would increase it by $7.5 trillion.

28:47

What like that's like nearly double it so the fact the Republicans are like oh like if we elect Harris like the deficit It's gonna go crazy Trump's gonna make it go even crazier because you're making it Heart like you're cutting taxes and like I don't know what really the logic is behind I don't I don't I can't understand him. I mean in reality. It's a step away It's no longer fiscal conservatism right what you're seeing now. It's fiscal populism

29:15

and conservative populism, right-wing populism, but still populism, which is, you know, like wider political wave that's washed over, you know, us in the last generation. But like the reality is that these are economic thoughts that are kind of untested since the early 20th century, right? Like we're talking about tariffs. This was stuff that William McKinley talked about, that him and, you know, William Jennings Bryan had debates over tariffs and over...

29:44

you know, the gold and the silver standard, and they aren't things that we should talk about right now in a world that is so starkly different than it was 100 years ago. So it's time for us to have new economic conversations that actually revolve around our, you know, political realities about the free trade globalized world that we now live in. Ah, that's exactly, completely great. So we're gonna take a quick break. Once we're back, we're not only gonna discuss the why do you care section about the podcast, we're also gonna talk about how Harris was endorsed by several Nobel laureates.

30:13

So we're just, you know, just jump right into it. Kamala Harris, she was endorsed by over 80 American Nobel Prize winners in physics, chemistry, medicine, and economics. The key message of this was that because 2024 is so important, the future of science and technology in the United States rests on this. And they warned that Trump would really, it would hinder it, get in the way of this progress that America has been kind of known for in science and technology.

30:42

specifically this really slow reaction to climate change. So they go against Trump in what they claim to be as anti-science stance. And this is really important as to the why do you care aspect of it is Nobel Prize winners are pretty widely accepted as the smartest people in the world. If you have 80 of the smartest people in the world endorsing somebody for president of the United States. Yeah.

31:09

Yeah, that that feels like that. Yeah, that's very telling. That's very telling. So the fact that we still have this conversation after many media outlets and we have if you care about this, listen to the Kamala coalition episode that we did a while back. Yeah. So jumping into the why do I care section of the podcast, Alex, why do you care about what Harris wants to do economically? You know, I care and you should care about what Kamala Harris wants to do economically.

31:39

because it's gonna impact everyone's life every single day, right? Anybody who hears this, 99.9% of Americans do not make over $400,000, right? Those are the only people who the Harris campaign has pledged to put new taxes upon, right? It's time for us to realize that we need change for middle America and for the poorest people in our country, that we need to go back to reducing child poverty, to being a nation that is the leader

32:09

in our world economy, right? Where we are responsible with our economic policy, where we think about the actions and not just about how it sounds, right? I know that raising tariffs might sound cool to some people in Pennsylvania and Ohio who have lost their manufacturing jobs, right? Because the steel industry has gone away. But the reality is that that is gonna hurt hundreds of millions of Americans every single year.

32:36

it's gonna come out of their pockets. The reality is that Donald Trump's economic plan is dangerous for America and its future for its people. Kamala Harris is sensible, it's doable, it's pragmatic, and it's realistic for the time that we live in. Yeah, 100%. So like, since the beginning of America, since the 1800s, the biggest divide hasn't necessarily been race, it has been social economic status.

33:04

And that is part of why races plays such a big role. Like that's a completely different conversation. But in short, white people kind of use like, oh, we're better than other races as a tool to ensure their social economic status. But the fact that we're still having the same issues that we had at the founding of our country, it's scary. It's telling that's something that's concerning that we as Americans, as.

33:33

a society haven't figured out how to take care of our poorest Americans and how to handle our richest Americans. How do we stop the richest Americans from becoming even richer while the poorest Americans haven't gotten up past the level? The fact that we have people who have not multiple cars, multiple private jets, like yachts, mansions, nobody should have all that stuff until we have the poorest Americans being able to afford their life-saving medication.

34:03

ensure that their children will be safe. This is something that frankly it's been, it hasn't been addressed in so long. In economics, the reason that so many people, so many Americans feel checked out from today's political system is that they say, oh, it doesn't work for me. The biggest tool that America has in changing how people view the government working for them is economically, right?

34:33

If Harris is able to be elected, if she is able to implement these strategies, people will be able to see the difference, the trust in government will be restored. It's going to be colossally changing and there's no way to really overstate that. This is so unbelievably important. It's going to change how people act, how people behave, and how people view their government. So that's why you should care because this is arguably the most important election and this is arguably the most important policies that we're discussing. Yeah, absolutely.

34:59

Thank you all so much for listening to this week's episode. As always go to whydoicarepod.com with the episode transcripts up there. We also have links to all the social media. In addition, we also have the links to YouTube in which we are going to post a audio, I'm sorry, like a video version of this podcast in addition to an audio, you know, podcasts. Um, yeah, thanks for listening and have a great rest of your day.

35:59

What Abby was just saying, just going to lunch right now. Abby's going to lunch right now and losing the bust of Philly.

36:13

so we're gonna do our stat predictions too.

36:17

Yeah, do you want it? Yeah. So is this going to be our in-depth?