All eyes on the economy #

Kamala Harris is set to deliver a comprehensive economic address on Wednesday, aiming to position herself as a champion of the middle class, entrepreneurs, and consumers while also promising to confront unethical practices in the business world.

The speech comes at a crucial time, with Harris and Donald Trump in a tight race according to recent polls. Many undecided voters have expressed a desire to hear more about the vice president’s plans for the economy.

Harris is expected to differentiate herself from Trump on economic matters. She will likely present herself as pragmatic rather than ideologically driven, attempting to address concerns about her being too progressive, particularly regarding her stance on antitrust issues. The speech is anticipated to highlight her experience as California’s attorney general and her work as vice president in fostering public-private partnerships to protect consumers and support small businesses.

In recent weeks, Harris has made promises to assist home buyers, increase taxes on large corporations and high-income individuals, and offer tax breaks for small businesses. She is expected to contrast this approach with Trump’s, arguing that his focus is primarily on benefiting the wealthiest 1% of society.

Despite these efforts, Harris still lags behind in voter perceptions of economic competence. While the recent Federal Reserve decision to lower interest rates may have provided a political boost, overall, Americans appear to still favor Trump on economic matters. Consumers continue to express concerns about the job market and their personal finances.

Trump, speaking in Georgia on Tuesday, presented his own economic plan, which included both familiar elements and new proposals. He reiterated his intention to impose significant tariffs on certain importers and introduced a novel idea of allowing foreign companies access to federal lands to relocate their production and create jobs in the United States.

As the economic debate intensifies, both candidates are striving to present compelling visions for the country’s financial future, with the outcome likely to play a significant role in shaping voter preferences in the upcoming election.