‘#Bidenomics might deliver a decarbonized “designer economy” in a decade’s time, but its viability today depends upon raising and de-risking corporate profit margins. To openly confront capital, as a populist message against “ #greedflation” might have, would have contradicted the project’s entire nature.’
https://www.theguardian.com/commentisfree/2024/nov/18/harris-biden-democratic-party?CMP=Share_iOSApp_Other

As Jared Yates Sexton notes, the corporate media's reaction to Kamala Harris' economic proposals "tells you everything you need to know about the state of things."

She's "rolled out some common-sense, liberal economic plans," but media gurus want to pretend these aren't bona fide policy proposals or a policy agenda. Rather, they're visionary vibes that have no substance to them, the talking heads say.

#KamalaHarris #Biden #economy #inflation #greedflation #media
/6

https://jaredyatessexton.substack.com/p/when-you-actually-propose-change

"Bringing down prices for Americans is central to this administration’s work, and is driving VP Harris’s own economic policies as a candidate for president herself.

On Friday, Harris rolled out her first economic policy proposals as the Democratic nominee."

#KamalaHarris #Biden #economy #inflation #greedflation #pharmaceutical
/5

As Jay Kuo notes, at their first joint event since Biden exited the campaign, "Biden and Harris joined forces to announce progress on their effort to allow Medicare to negotiate drug prices, dramatically lowering prices for seniors.

The deal they reached with Medicare includes an annual cap on drug costs…"

#KamalaHarris #Biden #economy #inflation #greedflation #pharmaceutical
/4

https://thinkbigpicture.substack.com/p/week-progressive-wins-august-18

"They fear the idea since it will impact the bottom line of their wealthy donors who fuel their super PACs and campaigns. Please understand these wealthy people are not 'donors' as we typically understand the word. No, they are investors.

And they expect—strike that, demand—that in return for these massive investments, they be rewarded with lower taxes and less regulations so they can make even more profits."

#KamalaHarris#Trump #inflation #economy #greedflation
/3

But the Republicans are beholden to their super-rich donors who have spurred them to block all proposals so far at the federal level to deal with greedflation, which is the primary driver of inflation.

Obeidallah writes,

"Trump and the GOP’s response to Harris’s proposals to reduce inflation in part by cracking down on greedflation is understandable."

#KamalaHarris#Trump #inflation #economy #greedflation
/2

As Dean Obeidallah says, there's a reason Trump and Republicans are freaking out at Kamala Harris' proposals to deal with greedflation as a huge cause of inflation:

Their super-rich donors don't want that fix to take place, since it would curb their greed-generated profits. The American people DO want this fix, and Harris is fighting for what the majority of us want.

#KamalaHarris#Trump #inflation #economy #greedflation
/1

https://deanobeidallah.substack.com/p/gop-is-freaking-out-over-harriss