This Is How The Kamala Harris Economic Plan Will Cause A Major League Downturn

[@akadikoy]

Can @Forbes provide sources for the information Mr Forbes provides in this video? That would be very useful in helping form an opinion.

[@Octovisuals]

Either there are so many paid bots here or we all are in serious trouble in the whole world... Thank you.

[@tango1706]

I think the latter.😢

[@pamelajensen5961]

Could you link those articles you’re referencing as research on her plans? This just feels political. There’s no real detail on why her plans would be bad.

[@labitcoineragt3596]

We can start by remembering that when they took office the fed debt was about 24 trillion and 4 years later it is at near 38 trillion so half her policies are about giving money incentives but with what money? She would have the FED print more money which would debase our currency furthermore

[@PaulStephenRudd-u7b]

The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.

[@Benjaminarmstrong684]

Financial consultants can help by recommending investments that outpace inflation, such as real estate or certain stocks. A client of mine followed this strategy and saw their savings grow by 15_% in just two years, effectively countering inflation.

[@Joegolberg1]

That makes sense. Unlike us, you seem to have the market figured out. Who is your fiduciary?

[@Benjaminarmstrong684]

Zachery M Demers is the licensed FA I work with, I can't speak much about him you should make a search with his name, you'd find the necessary details to schedule an appointment.

[@stopwatchlisten9396]

lol rate cut.

[@edwardtbabinski]

It’s no secret that the poor may want something for nothing but the rich will stop at nothing till they have everything. The rich already are earning staggering profits. So what are you talking about?

[@carnakthemagnificent336]

You should be able to sue whoever taught you that bull. Do you know that most American citizens in the lowest income brackets make it to the highest income levels later in life? I do not believe poor people want other people to give them money, but they do want to earn their way to better lives. You should try that.

[@edwardtbabinski]

@@carnakthemagnificent336 I wasn't insulting the poor, I was comparing the poor who need financial assistance with the rich who continue to vote down such assistance, and who will stop at nothing until they have everything, literally. Read When Corporations Rule the World, latest edition, corporations keep merging and growing and there is less competition in the marketplace then ever before. And wealthy people band together to buy up all the land, homes, hospitals. It is a new serfdom, and new era of the wealthiest people on earth owning ever greater percentages of wealth. Right now the wealthy have billions if not a few trillion they are not even putting into the Stock Market because it won't earn them enough money, so they are just sitting on it, waiting for the next sure thing to earn them hundreds of billions more, while the needy beg for crumbs, or are reduced to serfs, unable to buy a home. And no, "most American citizens in the lowest income brackets {DO NOT) make it to the highest income levels later in life." Where did you get that statistic? And what do you consider "the highest income brackets?

[@randythompson3054]

Yes, exactly.

[@pillage_party_and_papacy]

You will notice it is a select group of the rich. Take notice, not all rich want more. Many of them are content. Ask yourself this: who owns most of the hedge funds, banks, investment agencies, and military industrial complex businesses. Then ask yourself who do they sell to?

[@edwardtbabinski]

@@pillage_party_and_papacy Speaking of wanting more... Have you studied the way Catholicism took over Europe, and handed kings the divine rite of rule so long as they espoused Catholicism and made their citizens embrace it as well? (Not embracing and agreeing with Catholicism was considered not thereafter not only heresy but sedition), not to mention handing kings the rite of Discovery (so they could claim whole lands for king and Christ)?

[@TheLatinfresh]

Dude is from the 1930s🙄

[@carnakthemagnificent336]

Weak. You lack the knowledge to name anything Mr. Forbes said that was false.

[@tango1706]

​@@carnakthemagnificent336that's what they do when they're wrong.....deflect.

[@danieljonhson6367]

Every time someone asks her about her plans for the economy , she goes into a story about how she grew up in a middle class family and nothing about how she will help the economy.

[@CamdenVanderlaan]

Tax laws can be so complex, and it’s super helpful to break them down like this. Understanding how different policies can impact our finances is crucial for making informed decisions.

[@strtfghter02]

Sounds like another scare into supporting trickle down economics.

[@jon-h]

Forbes, sorry, no. How about factual reporting instead of political agenda posting? Also, "far left"? Do you have any idea what far left actually looks like? Social democracy is still a far way from "far left". Sincerely, a European.

[@amycrippen9058]

Thanks for saying my thoughts out loud.

[@thomaskildea6407]

If I were you, I would listen to what this man has to say. The left wing kooks will destroy the economy to make it look like communism is the answer.

[@TomHenksYT]

Many of her views are far left, for example supporting tax-funded gender transitioning surgery for detained migrants. She also wants to redistribute wealth which is literally communism, that's as far left as it gets. But the other problem that some people don't seem to realize is, if those top earners simply leave the country and move their money or their business elsewhere (as some already did under the current administration), the economy will take a massive blow and thousands of people will lose their jobs. Raising the taxes on the rich will increase the chance of this happening.

[@jamesnorona1345]

She is far left.

[@carnakthemagnificent336]

If you are interested in facts, why not use a few to refute what Mr. Forbes stated? In your own words, not cut and paste.

[@joysimpson3947]

Just LEAD CEO Steve Forbes. God bless you and your family.

[@nanfuller5384]

A basic tenet of critical thinking is to look at the bias of the source. Another is to make a distinction between opinion and evidence based facts. This video fails on both counts. I am unconvinced.

[@Fattoria61]

Goodbye, Mr. Forbes. You're stuck in a trickle-down timezone.

[@carnakthemagnificent336]

You also lack the knowledge to critique what he stated. Adios.

[@hollywoodambience]

Steve Forbes is insane

[@arthurpryor773]

He is such a joke....

[@tango1706]

All of you saying how old he is or out of touch he is or how rich he is are so filled with content that you're missing the fact that he's a financial genius and he's been through numerous presidential cabinets. He's still gonna be rich. He's trying to tell you how much WE regular citizens are going to hurt financially. Wipe that hate outta your eyes and take wise Financial advice.

[@PrincetonTech-h1w]

Brother, trickle-down economics is failed policy. The economy weakened under Reagan after it became de facto policy, and it has never once worked to improve conditions for average people. No one's talking about taxing the middle class more, and there is nothing to lose by taxing the rich, all the talk about more money at the top means more opportunity for those they would employ is just not true. Money at the top stays concentrated at the top and at best creates a bunch of Amazon warehouse jobs that have no longevity or upward mobility (the turnover rate at the warehouses is ridiculous and the employees don't continue in the field after leaving). I'm not saying there isn't a point where taxing the rich becomes unproductive, but we are not close to that, and Steve Forbes is, in fact, trying to trick you, so you vote in a way that keeps him as rich as possible.

[@ryanreedgibson]

Funny how a rich guy like you will finally have to pay MORE TAXES than I do! We are voting for Harris!

[@taxevasionceo3776]

You want them to pay MORE just because you yourself are just jealous

[@Octovisuals]

The rich ALWAYS pay more taxes than you. Some of them even pay more in one single year than you in your entiee life. You can check that easily. But I guess ignorance and envy and hate are way more powerful than even mathematics...

[@amk1479]

How are Forbes and Goldman Sacks soooo far apart? I’m still voting for Harris

[@amk1479]

Oh right, this favors the rich 😂

[@TheLastSamurai813]

You shouldn’t be allowed to vote

[@amk1479]

@@TheLastSamurai813 suppression is control out of insecurity 😂

[@testing6753]

Okay. I get it if you don't like the Republicans and the "rich". But please understand that the Democrats and Kamala are backed by the same people. Just two different teams playing the same game!

[@amk1479]

@@testing6753 that’s obvious but I’m definitely not allowing this government to take women’s rights away, it’s disgusting what these insecure men what to do to women and I’m done with it.

[@glennalexon1530]

I get it- my grandpa also shouts about stuff he doesn’t understand. Don’t go quietly, old man!

[@tango1706]

He's a billionaire. Htf do you think he doesn't know what he's talking about?

[@PrincetonTech-h1w]

@@tango1706 A lot of rich people are dumb.

[@frankmoore2296]

He sounds like a reasonable guy.

[@henryreinders3031]

Why try and warn those who won't listen. Keep your cash on hand, let them hold their stocks think all is going to be fine. Wait for the markets to crash... buy up all their stocks at 1/10th the price. Wait another 3 months and buy their homes that go into foreclosure. Hey, in all reality, they are going to help create the perfect storm for those who listened and prepared. If they suffer, it is on them!

[@neilhorner9197]

So Steve, you'll have to pay more taxes. Let me sit down and cry for you 😂😂😂😂

[@carnakthemagnificent336]

No. Mr. Forbes is laying out the impact to the nation and you lack the knowledge to state where he is wrong.

[@neilhorner9197]

@@carnakthemagnificent336 Steve Forbes is so old that he doesn't understand the reality of the modern world.

[@carnakthemagnificent336]

@@neilhorner9197 "He's so old," and yet you lack the ability to point out his errors. Weak.

[@tango1706]

​@@neilhorner9197well, why don't you lay it out for us?

[@darlenegoodall7797]

She has no economic plans

[@CounterI-w7w]

This is blatantly false, already dis-proven by many economic experts. Huge tariffs would lead to economic downturn.

[@SuccessfulladiesSoftLife]

Then why do Kamala and Biden still have Trumps Tarriffs and added more?

[@italogavassi3029]

Poor Mr. Forbes, he will have to pay more taxes, what a tragic world, how could he be left with a few million less?

[@hanspeter5731]

Boohoo, me, a superrich, has to pay some tax.

[@tango1706]

Him super rich; Harris wins & you and I are super broke. Laugh that off in about 7 months.

[@BookOfMoon1]

If you dont trust a white guy then there karlton Dennis he black who did his take sre you so idjit yoy dont bother to see other videos😂

[@glennalexon1530]

Forbes thinks the president sets tax rates and budgets. Read much, Steve?

[@michaelplog363]

Thanks for your Wisdom here. Better to be prepared ahead of time!

[@Novilicious]

This ol’ fart 💨 reminds me of Scrooge McDuck 😂

[@tango1706]

Smart and rich

[@firerock9320]

@@tango1706 and heartless

[@PrincetonTech-h1w]

@@tango1706 well rich, anyway

[@litojonny]

steve is still alive??

[@AdHernandez]

sadly yes

[@dextorwhite2155]

Y’all working over time for trumps

[@deebarnard5439]

Me thinks he doeth protest too much. Think of this billionaire having to sell a few stocks. 😢😢😢😢😢😢

[@tango1706]

If he's gonna be hurting, imagine how bad it will be for the rest of us.

[@SamuelGemette]

Thos guy is so one sided anytime he talks I just need the news not ur opinion

[@olympicwalrus]

I learned nothing from this video, this guy doesn't know what they are talking about

[@alexandersims1613]

Great to hear truth being spoken...need to get the word out.

[@PrincetonTech-h1w]

Ah yes trickle-down economics. famously a good idea that works.

[@firerock9320]

@@PrincetonTech-h1w As honest as Trump's Crypto... lol

[@lisareed5669]

Bullshit

[@thelegendsolko6020]

First!

[@andrew4809]

She's got no chance

[@ryanreedgibson]

We are all voting for her. Keep believing these billionaire liars.

[@DreamAgainNetwork]

🫡💎📈