Kamala Harris’s cost-of-living plan will end in failure

Kamala Harris’s cost-of-living plan will end in failure She is the latest presidential candidate to embrace self-defeating economics US Vice President Kamala Harris smiles at a campaign event in Philadelphia Photograph: Getty Images Aug 20th 2024|Washington, DC Share It is easy enough to understand what is motivating Kamala Harris’s economic strategy. Poll after poll demonstrates that many Americans consider the cost of living to be their main concern heading into the election in November, and Ms Harris starts on the back foot, having served as vice-president during a time when inflation soared to a four-decade high. Rather than gloss over this ugly reality, she is trying to confront it. “Lower costs for American families” is the centrepiece of her economic agenda, a message she is likely to deliver again on August 22nd, in a speech to the Democratic National Convention.