September 24 2024
YIKES: A fact check by the Wharton Business School embarrasses Kamala Harris. The business school publicly shot down her false claim that she would strengthen the economy and that the Wharton School of Business ‘supports her economic plan’.
In response, the business school quickly shot down Harris’ claim, acknowledging the only presidential candidate who has a proven record of improving our economy and delivering for the American people is President Donald J. Trump.
"We did not find a positive impact on the economy from her plan in any future year. The Trump plan does increase GDP for a few years but lowers by the end of the 10-year budget window," a spokesperson for the University of Pennsylvania's Penn Wharton Budget Model (PWBM) said.
Finally, a fact check with facts, that highlights the realities that hardworking Americans are feeling.
This comes shortly before Kamala is set to “weave together various economic proposals into a broader, thematic message.” on Wednesday. YIKES!
And today's Consumer Confidence report spoke directly to these same concerns- finding that consumer confidence sharply declined in September across most income groups, with many worried about jobs, business conditions, and inflation remaining top of mind. Inflation is a hidden tax on all Americans. Due to Kamala Harris and Joe Biden’s failed leadership and gross mismanagement of the economy, inflation has skyrocketed, reaching some of the highest levels in DECADES, costing families an average of over $28,000 extra under this Administration.
ICYMI: CNBC Analysis of the Consumer Confidence Report:
- “Consumers’ view on the economy tumbled in September, falling by the largest level in more than three years as fears grew about jobs and business conditions.”
- “…with the biggest fall [on consumer confidence] coming among those aged 35-54 and earning less than $50,000.”
- “The last time the confidence index dropped more came as inflation was just beginning a climb to what ultimately was the highest level in more than 40 years.”
- “The proportion of consumers anticipating a recession over the next 12 months remained low but there was a slight uptick in the percentage of consumers believing the economy was already in recession,”- Dana M. Peterson, Chief Economist at The Conference Board
It’s clear: Kamalanomics has resulted in serious economic hardships for families nationwide. As Americans continue to MAKE LESS and PAY MORE, Americans are demanding relief from Biden-Harris failures that have pushed the American dream to the brink of extinction.