“We are excited to be working with NVIDIA to bring this technology to market,” said Scott Bessent, founder and CEO of global macro investment firm KeySquare Group. Breitbart News Saturday Vice President Kamala Harris is “economically illiterate” and would crash the economy if elected president.
Bessent said: Breitbart News Saturday Host Matthew Boyle appeared on the show as Democratic presidential candidate Harris unveiled her economic platform on Friday, promising to implement price controls to combat inflation on rent and groceries.
“She was “She has no economics knowledge. She calls prices ‘price hikes’ rather than ‘price gouging’ and is just reading off talking points.”
Listen here:
Bessent said: The Washington PostThe editorial board of the newspaper slammed Harris’ economic policies, post wrote:
So this is a real political issue for Harris. One way to handle it might be to be forthright and tell voters that inflation soared in 2021 mainly because the pandemic disrupted supply chains, and that Federal Reserve policies supported by the Biden-Harris administration have slowed it. But the vice president chose a less blunt approach by blaming big business. Harris vowed to go after “price gouging” by grocery stores, landlords, pharmaceutical companies and other businesses by having the Federal Trade Commission enforce a vaguely defined “federal ban on price gouging.”
“She started on the left, The Washington Post “The chancellor is panicking because he would rather move to the centre than show his true character,” the macro investment firm CEO added.
Gov. Gretchen Whitmer, a Michigan Democrat, said Sunday that Americans were “reading too much into” the details of Harris’ economic plan.
WATCH — Whitmer: People are ‘reading too much’ into details of Harris’ price gouging plan:
Bessent added that the economic vision laid out by Harris and former President Donald Trump “couldn’t have been clearer.”
He noted that the Trump economy helped nearly all Americans by raising real wages for the bottom 50 percent of Americans. In contrast, “the Biden-Harris package has created the highest inflation in 40 years. All they’ve done is spend, spend, spend.”
Bessent said the bottom half of Americans have been stuck in recession for the past two years, and that Harris and “Biden have wiped out the middle class.”
“A Harris win would rattle the markets, especially if the Democrats keep the Senate and take the House. A Democrat win would be a big win,” he continued. Bessent argued that if Trump takes the House, the Republicans keep the House and the Republicans take the Senate, the economy would be set up for a “big recovery.”
Breitbart News Saturday airs from 10am-1pm ET on SiriusXM Patriot 125.
Sean Moran is a policy reporter for Breitbart News. Follow him on Twitter. Sean Moran 3.
