Can Trump Fix The U.S. Economy?

What Americans Think Of ‘Kamalanomics’

On Monday, global stock markets experienced a significant downturn, raising fresh concerns about a potential recession. This development has intensified scrutiny of Vice President Kamala Harris’s economic strategy and whether it could offer a better alternative to the current administration’s economic policies, commonly referred to as “Bidenomics.”

To date, Harris has not articulated a detailed economic plan distinct from the policies promoted under President Joe Biden. Instead, her public statements have largely consisted of praise for Bidenomics—a term the administration itself has retreated from in the face of soaring inflation. Despite focusing her speeches on supportive groups, such as black sorority gatherings, she has yet to unveil any concrete financial strategies.

Voters are closely observing these developments, and the feedback has not been favorable. Recent Rasmussen Reports indicate that a majority of likely voters believe Harris’s economic approach would either mirror or worsen the current situation. According to the survey, 38% of respondents think her policies would be “worse” than Biden’s, 33% believe they would be “about the same,” and only 22% are optimistic that they would be “better.”

The dissatisfaction with the Biden-Harris economic plan is evident, with 53% of those surveyed rating it as unsuccessful. When compared to former President Donald Trump’s economic proposals, 51% of voters believe Trump’s plans would be an improvement, while 38% think they would be worse.

“Fewer than 25% of voters think that Kamala Harris would manage the economy better than President Biden, whose economic record is already seen as lacking,” Rasmussen Reports observed. The survey further revealed a stark partisan divide: 41% of Democrats think Harris’s policies would be superior to Biden’s, compared to only 9% of Republicans and 15% of independents. Conversely, 68% of Republicans, 11% of Democrats, and 37% of independents anticipate that Harris’s economic policies would be worse.

Harris has faced criticism for her lack of clarity on her future economic plans and recent inconsistencies in her positions. Amid the market turmoil and growing fears of a recession, many have turned to social media to glean insights into her economic views. However, they mostly encounter her endorsements of Bidenomics and vague rhetoric rather than substantive policy details.