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REALSOCIALISMO
History • Ideology • Consequences

(Kamala Harris to unveil economic policy: ‘Absolute socialism’

This Fox & Friends segment features Kevin Hassett, former chair of Donald Trump's White House Council of Economic Advisers, discussing Kamala Harris's proposed economic policy ahead of its unveiling. The conversation is framed in stark terms: Harris's plans,…

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This Fox & Friends segment features Kevin Hassett, former chair of Donald Trump’s White House Council of Economic Advisers, discussing Kamala Harris’s proposed economic policy ahead of its unveiling. The conversation is framed in stark terms: Harris’s plans, in Hassett’s view, amount to what the programme calls absolute socialism. He argues that her proposals for government intervention, price controls, subsidies and expanded state spending would move the American economy away from free markets and toward central direction.

Hassett speaks as an economist who served in the Trump administration, and his criticism reflects a wider debate in American politics about the role of government in the economy. Supporters of Harris’s approach say it is aimed at lowering costs for ordinary families, tackling corporate power and making the economy fairer. Critics reply that the same policies would distort prices, discourage investment and repeat mistakes made in other countries. The segment gives viewers a clear example of how economic policy becomes a central issue in a presidential campaign.

Former Trump WH Economic Council chair Kevin Hassett joins ‘Fox & Friends’ to discuss the impact of Kamala Harris’ proposed economic policy.