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So-called “Bidenomics” has been a miserable failure for the American people, and Kamala Harris cannot hide from that fact.
So the Democrat Vice President is claiming that “on day one,” she’s going to introduce major changes.
Now Kevin O’Leary is labeling Kamala “insane” over her disastrous economic policy proposals.
Government reveals largest labor revision since 2009
Over the past few years, Americans have witnessed a surge in consumer pricing, making it impossible to afford their basic necessities.
But the Biden-Harris regime has pretended that everything is going just fine, citing a growing labor market with new opportunities.
Now, the truth is coming out, and it will leave them scrambling to come up with a new story.
According to the Bureau of Labor Statistics, the Biden-Harris regime’s “jobs report” covering the period of April 2023 to March 2024 overstated the number of jobs they “created” by over 800,000 – meaning they lied to the American people.
It was the largest negative revision since 2009 and brought the average monthly new jobs the regime supposedly “created” down by over 25%.
LPL Financial Chief Economist Jeffrey Roach says that the “deteriorating labor market will allow the Fed to highlight both sides of the dual mandate,” and investors should expect rate cuts.
But Vice President Kamala Harris has already announced her solution to our faltering economy.
Kamala vows to control pricing as the American economy struggles to hang on
Kamala has revealed her plan to save our economy, and it involves exactly what people expected: more government control.
The Democrat Vice President has been working with President Joe Biden every step of the way but now claims she can fix the mess she helped create if given the chance.
Kamala has promised that, if elected, during her first 100 days in office she will enact legislation to ban food producers and grocers from the already illegal practice of “price gouging,” also known as Communist-style price controls.
According to PBS, the Democrat Vice President will also seek harsh punishments for anyone who pushes back on her plan.
“I will work to pass the first-ever federal ban on price gouging on food. My plan will include new penalties for opportunistic companies that exploit crises and break the rules,” she said.
But critics say that this new level of government control could lead us down a dark path.
Now, Kevin O’Leary is telling the world exactly what he thinks.
“The best way to describe it is un-American. . .”
Shark Tank star and investor Kevin O’Leary has spoken out about Kamala’s desperate attempt to save her reputation, calling her plan “insane.”
“In America, we don’t tell a farmer what to sell his apples for and we don’t tell a grocer what to sell it for. That’s how our economy works. We don’t have the Minister of Grocery pricing,” he said.
O’Leary pointed out that this is not a novel idea, and communists have been trying to make this work for decades.
“We tried it in the ‘70s, they tried in the late ‘80s in the Soviet Union, they’ve been trying it in Venezuela. It leads to shortages and hyperinflation,” O’Leary explained on Fox News.
“The policy is beyond bad, it’s insane,” he added.
O’Leary says that he understands why she is doing it, but “the best way to describe it is un-American” and will lead to an “absolute catastrophe.”
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