Donald Trump has made a terrifying prediction about what Kamala Harris might do if she beats him in November.
The former president slammed X, writing: “If you think things are expensive now, it’s going to be 100 times worse with four more years of Kamala as president.”
“Under her plan, Kamala would implement Soviet-style price controls. She would abolish private health care and make California’s ridiculous tax code the law of the land. That means every American would be taxed up to 80% of their income! If you want more cash and less taxes, vote for Trump!”
About 10 days ago, Vice President Harris’ campaign announced a plan to ban federal price gouging, a controversial policy that has drawn backlash from some economists who warn that such a policy would not lower food prices.
Jason Furman, an economist who served in the Obama administration, told The Washington Post that if it goes into effect, it could mean “further shortages, reduced supply and ultimately the risk of higher prices and worse outcomes for consumers.”
Donald Trump accelerated his return to X on Sunday with a classic post that laid out a terrifying vision of what Kamala Harris might do if she beats Trump in November.
Ms Harris said in her speech that food prices remain too high, vowed to “pursue bad actors” as president and argued that competition is “the lifeblood of our economy”.
However, when trying to announce measures to combat price gouging, the Vice President mispronounced “gouging” as “gauging.”
“My plan includes new penalties for opportunistic companies that use the crisis to break the rules. It also supports small food businesses that are playing by the rules and moving forward,” she said.
Harris praised some of the policies enacted under Biden’s administration, saying the U.S. economy has made great strides with record job creation since the president took office amid the coronavirus pandemic, but acknowledged prices remain too high.
Republicans in Congress grilled the vice president on his economic policy in a conference call with reporters ahead of his remarks, accusing him of copying Trump’s proposals and calling his other priorities “nonsensical.”
Republicans point to the difference in inflation rates between the Trump and Biden administrations and argue that the rising prices are due to the current administration’s policies, not supply chain challenges and shortages caused by the coronavirus pandemic.
Trump, a former president and 2024 Republican nominee, returned to the social media platform now owned by his close aide Elon Musk just two weeks ago.
He had been banned from Twitter in the aftermath of the January 6, 2021, attack on the Capitol.
About 10 days ago, the vice president’s campaign announced Harris’ plan to put a federal ban on price gouging in place, a controversial policy that has drawn backlash from some economists who warn such a policy wouldn’t lower food prices.
Trump’s first post on X in nearly a year featured a highly-produced two-and-a-half minute election ad.
The Republican candidate posted once on X in 2023, shortly after Musk took over the site and had his mug shot taken as part of the Georgia election interference case.
Just before noon on August 13, Trump resumed posting to his @RealDonaldTrump account, which now boasts 89.9 million followers.
Trump has gained more than 8 million new followers since he started posting on X again.
He ran his first election ad.
2 and a half minute spot It was a very high quality production and included footage of President Trump’s 2017 inauguration.
It also included news footage of the 2022 Mar-a-Lago attack, which showed House Speaker Nancy Pelosi tearing up President Trump’s 2020 State of the Union address.
The ad shows Trump triumphantly taking part in an Ultimate Fighting Championship bout alongside CEO Dana White, who introduced the Republican candidate at last month’s Republican National Convention.
In a subsequent post, the former president asked, “Are you happier now than when I was President?”
Harris said food prices remain too high, vowed to “go after bad actors” as president and argued that competition is the “lifeblood of our economy.”
Republicans have pointed to the difference in inflation rates between the Trump and Biden administrations and argue that higher prices are due to the current administration’s policies, not supply chain challenges and shortages caused by the coronavirus pandemic.
Musk, who is also CEO of SpaceX and Tesla, supported Trump on the day the former president was shot at a rally in Butler, Pennsylvania.
“This will be unscripted, no topic restrictions and should be hilarious!” Musk wrote on X Sunday, previewing his interview with Trump.
Trump stayed on X to continue to attract supporters to his social media platform, Truth Social.
