• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Put policy aside: Kamala Harris will win or lose based on the excitement factor

by August 20, 2024
written by August 20, 2024

Kamala Harris’s first big policy speech did not exactly draw rave reviews from a media establishment that largely seems to adore her.

But with the Democratic convention getting under way, does that matter?

Perhaps the most stinging criticism came from the Washington Post’s mostly liberal editorial board, which declared that ‘unfortunately, instead of delivering a substantial plan, she squandered the moment on populist gimmicks.’

That may well be true. But again, does it really matter?

Policy is crucially important as voters weigh how the candidates would govern for the next four years. It’s especially vital because Harris suddenly emerged as the substitute nominee in a three-month campaign – not a ‘coup,’ as Donald Trump says – when Joe Biden was pressured into stepping aside.

But as ideologically different as the two nominees are, I believe policy will play a relatively minor role in 2024.  

Josh Barro, in the Atlantic, says a crackdown on price-gouging will make things worse and be virtually impossible to enforce: 

‘The substance likely won’t appeal to many people who actually know about economics. But it’s hard for me to argue with the politics….

‘Harris is trying to win a presidential election, and to win elections, you run on popular ideas.’ 

By the way, while I agree that going after price-gougers won’t work–groceries already operate on very thin margins–I see the Harris proposals as being mischaracterized as wage and price controls. I lived through Richard Nixon doing just that in the early 1970s and it was a disastrous failure. Harris isn’t saying the government should set prices for all products, though I can see why that’s a useful attack line for the Trump campaign.

I also agree with the Post’s editorial page that the vice president is offering all kinds of expensive goodies – such as a $25,000 down payment for first-time home buyers – without explaining how to pay for them. As the paper notes, the Committee for a Responsible Federal Budget says her overall plan would add $1.7 trillion to the deficit over the next decade. That’s sobering stuff.

But I don’t believe this election will turn on policy. Harris, who’s done a strikingly skillful job of handling her first three weeks, is drawing big crowds, raising a fortune and rising in the polls because she brings youth, vigor, excitement and, her favorite word, joy.

Harris is, among other things, a cultural phenomenon and a TikTok sensation. Much of what she’s proposing now is largely symbolic and will never pass, but she’s sending a message that she’s laser-focused on reducing inflation on kitchen-table issues for middle-class families (and distancing from Bidenomics).

That doesn’t mean she’s going to win. Trump still has an easier path to 270. The VP still has to win Pennsylvania, Michigan and Wisconsin, even though a New York Times/Sienna College poll shows her closing the gap or statistically tied in four Sun Belt states – Georgia, North Carolina, Arizona and Nevada.

Harris remains, as she says, the underdog.

But if Kamala does pull it out, it will be because key voters, especially women, are drawn to her personally. And in the end, that’s how most elections are won.

In 2016, when everyone expected a Hillary victory, Trump ran on a few key issues – especially immigration and crime – but he won because of his image as a relentless fighter, not to mention an entertaining one. 

After the eight-year Obama presidency, enough voters were drawn to Trump’s culture war–and the media were criticized for carrying his rallies!–that the Democrats’ Midwestern blue wall collapsed.

Running against a 59-year-old woman of color–and a hostile press corps–seems to have thrown Trump off his game. While insisting he is ‘entitled’ to make ‘personal attacks’ against Harris–despite advice from the likes of Lindsey Graham–the former president has continued to denigrate the vice president, rightly noting that she and her campaign are ripping him as well. That’s the Trump pattern. 

 

And after journalists and commentators kept insisting that Joe Biden had the mental acuity for another four years, the press has now flipped to spotlighting every mistake by the 78-year-old Trump. Man, does Trump miss Biden – he keeps talking about how Joe was unfairly deposed – because he spent years preparing to run against the frail 81-year-old president.

Trump has in fact become the old man in the race, but this is sheer media hypocrisy.

Imagine how depressed the Democrats and the pundits would be if Biden had stuck it out and was speaking in Chicago as the nominee, headed for certain defeat. Instead, they’re swept up by Kamala fever.

And most of the mainstream media, having pounded the president for avoiding interviews, are largely uninterested in whether Harris does any. She’s getting a total pass. The veep did take questions for about 4 minutes the other day, the second time she’s done that, but largely because Trump and his allies keep ripping her as a Teleprompter candidate. 

Trump openly says he wants to define Harris as a communist, so he dredges up far-left positions she took four years ago as if those are her current positions, a game played by both sides. But she left the opening by not explaining her flip-flops (or, more charitably, evolution). Policy may matter to that extent. We’ll also see after the convention whether her numbers are a ‘sugar high,’ meaning the inevitable bump may soon bring her back to earth.

Keep in mind that Harris still hasn’t done an interview. Nor, for that matter, has Tim Walz, while JD Vance is working the Sunday shows and holding pressers.

The reason: with such a docile press corps, which Harris prefers to brief off the record on Air Force 2, it’s working for her.

One more thing: While Harris largely ducks the press, MSNBC refused to cover the second of Trump’s two news conferences in about a week, with Nicolle Wallace saying such events ‘have been less about the issues and the news lately, as if they ever were, and more about threats and lies and demeaning people.’ CNN bailed for awhile when Trump read off blue cards for 40 minutes, then jumped back in when he took questions. Only Fox carried the whole thing (and has been airing some of Kamala’s rallies!).

Trump has also been tying Harris to the unpopularity of the Biden-Harris record, which is a common problem for VPs who don’t have the ability to set policy on their own.

MSNBC’s all-liberal lineup for big events – Rachel Maddow, Joy Reid, Lawrence O’Donnell, Chris Hayes – hates Trump with the heat of a thousand suns. They basically don’t think he should ever be allowed on the air because it hurts their reputation (and, not coincidentally, ticks off their audience). 

Instead, they talk about Trump all day, and they have the next 22 hours to point out falsehoods and exaggerations.

So by that logic, why wouldn’t they blow off his convention speech as well? 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
AVUV Stock: A Sturdy Player Among Small Cap ETFS
next post
Solana and Cardano: Solana moves above the weekend high

related articles

Trump declares US will win global AI race...

July 24, 2025

House panel directs chairman to subpoena Bill and...

July 23, 2025

Johnson erupts over ‘dangerous’ Biden mental decline ‘cover-up,’...

July 23, 2025

New Russiagate evidence ‘directly’ points to Obama, DOJ...

July 23, 2025

Supreme Court says Trump can proceed with firing...

July 23, 2025

Trump admin official to meet with Israel, Qatar...

July 23, 2025

Johnson erupts over ‘dangerous’ Biden ‘cover-up’ as Democrats...

July 23, 2025

Trump’s approval rating holds steady amid deep partisan...

July 23, 2025

Schumer, Democrats try to save face, blame GOP...

July 23, 2025

Iran doubles down on refusal to end nuclear...

July 23, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Fetterman says RFK Jr confirmation ‘not a slam dunk,’ as Trump HHS nominee shores up support

    February 2, 2025
  • LA man found guilty of scamming investors, Hollywood stars out of over $20 million to fuel lavish lifestyle

    April 5, 2025
  • Harvard, Trump battle for billions in federal funds as judge weighs next steps

    July 21, 2025
  • New poll shows Harris taking a slim lead over Trump thanks to support from a surprising group

    October 8, 2024
  • Anti-abortion provider measure in Trump’s ‘big, beautiful bill’ could spark House GOP rebellion

    May 12, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,491)
  • Investing (634)
  • Stock (852)

Latest Posts

  • Adidas to cut up to 500 jobs after posting better-than-expected holiday profits

    January 27, 2025
  • Citigroup faces amended lawsuit over alleged risk management deception

    July 19, 2024
  • The Euro index continues to fall, Yen looks for support

    August 1, 2024

Recent Posts

  • Amazon AI scammers duped investors out of millions with ‘passive income’ scheme, FTC alleges

    March 19, 2025
  • House conservatives go to war with Senate over Trump’s ‘big, beautiful bill’

    June 24, 2025
  • Pete Hegseth may release sexual assault accuser from confidentiality agreement, setting up public showdown

    December 17, 2024

Editor’s Pick

  • Gordon Brothers buys Poundland; pledges £80 mn for turnaround after Pepco’s UK exit

    June 12, 2025
  • Meta ending 3rd-party fact checkers ‘transformative,’ but other legal issues remain, says expert

    January 8, 2025
  • Here are FTSE 100’s worst performers of 2024: will they bounce back in 2025?

    December 27, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock