Staff Reports
A recent open letter from a group of 23 Nobel Prize-winning economists endorsing Kamala Harris has hit the news just in time for the upcoming presidential election. These esteemed economists assert that Harris’s economic agenda will somehow stand out as the ultimate solution for America, much to the delight of the media elite. The irony is rich: while these academic heavyweights fluff up their credentials, the everyday American seems to have a much clearer view of who is really better for the economy—hint: it’s not Harris.
Polling data offers a stark contrast to the lofty claims of Harris’s Nobel supporters. Many surveys show that voters overwhelmingly favor Donald Trump over Harris when it comes to their financial well-being. A CNBC survey indicates that 42% of respondents believe their financial situation would improve under Trump, while only 24% echo the same sentiment for Harris. This is not just a fluke. The numbers have shifted even in battleground states, where Trump leads 44% to Harris’s 29%. It appears that the common folk are less swayed by a plaque on the wall than by their own bank statements.
https://t.co/gzJaGu8UGv pic.twitter.com/PFVs5URNUU
— JimmyMinnish (@JimmyJoeKing2) October 25, 2024
When it comes to business taxes, the trend continues to favor Trump. In profound contrast to Harris’s promise of more burdensome tax policies that corporate and small business leaders fear, the American electorate clearly backs Trump. His support stands at 47% nationally versus Harris’s 38%. The allegiance of battleground state voters is even more skewed, with Trump at 52%. It seems businesses know that a Obama-Biden-esque approach to taxes will only hamper growth and innovation—something that Nobel laureates in their ivory towers seem blissfully unware of.
Tariffs are another amusing battleground where Harris has positioned herself against Trump. She has railed against his tariff strategies, labeling them misleadingly as a “national sales tax.” However, voters have a different idea. A striking 54% believe Trump would handle tariffs better, compared to a mere 32% for Harris—a clear sign that Americans prioritize the stability of their wallets over Harris’s elite economic theories. Her academic allies might be impressed by her anti-tariff rhetoric, but the voters, in their sheer numbers, seem unimpressed.
The persistent issue of inflation remains at the forefront of voters’ minds; they care less about fancy letters and more about what they see on their grocery receipts. Recent polling shows that only 34% think Harris would improve economic conditions, while 43% fear they would decline. In contrast, Trump boasts a higher belief among voters—44% think he would boost the economy versus 38% who worry about a downturn. Inflation has taken precedence for 25% of voters as their top concern, and 46% believe Trump will handle it better than Harris’s 39%.
In the end, while Harris may enjoy the cuddly embrace of trophy-collecting economists, she lacks the backing of the hard-working American public. Trump is clearly the people’s choice when it comes to economic issues. He may not have a Nobel Prize, but he does have something far more valuable: the trust and support of the majority of Americans who understand that elitist economics rarely translates to real-world success.
