Scott Bessent, an investing professional known best as the founder and CEO of a macro investment firm called Key Square Group, told Breitbart News Saturday in an interview that Vice President and likely Democrat 2024 presidential candidate Kamala Harris is an “economic illiterate” who will crash the American economy if she is elected president.
Mr. Besent’s comments on the matter came as he and Breitbart News Saturday host Matthew Boyle discussed the various aspects of Harris’s economic agenda, particularly her promised price controls for rent and groceries, ideas that even some on the left skewered as being disastrously bad and likely to lead to economic disaster.
Giving an example of Kamala’s apparent economic illiteracy and how she obviously doesn’t know what she is talking about economically while pushing her wild price control policies, Bessant said, “It is clear that she is an economic illiterate. She said price ‘gauging’ not ‘gouging’ and she’s just reading some talking points.”
Bessant then noted that the Washington Post has called out Kamala’s economic policies and appears to be worried that she is showing her true, far-left colors. He said, “She is beginning hard left and the Washington Post is in a panic because they want her to move to the center rather than show her real character.”
As background, the Washington Post’s editorial, calling out the far-left nature of Kamala’s price control policy, the nonsensical attempt to blame “big business” for inflation, and what it would mean for the country, wrote:
So it’s a real political issue for Ms. Harris. One way to handle it might be to level with voters, telling them that inflation spiked in 2021 mainly because the pandemic snarled supply chains, and that the Federal Reserve’s policies, which the Biden-Harris administration supported, are working to slow it. The vice president instead opted for a less forthright route: Blaming big business. She vowed to go after “price gouging” by grocery stores, landlords, pharmaceutical companies and other supposed corporate perpetrators by having the Federal Trade Commission enforce a vaguely defined “federal ban on price gouging.”
Further, Bessant noted that VP Harris and President “Biden have wiped out the middle class,” and that her far-left economic policies are bad enough that “The market would be jarred by a Harris victory, especially if the Democrats kept the Senate and win the House. If there’s a Democratic trifecta, watch out.”
Bessant isn’t the only one to point out how far to the left Kamala is. Trump, torching Kamala and calling her a communist on Truth Social, wrote, “The Radical Left protesters in Chicago are going after the Democrat Party because the know they are weak and ready to break into a full blown party of Socialism or, if they really do their job, and with a little bit of luck, the Communist Party of the United States of America.”
He continued, calling her “Comrade Harris” and saying, “They are already very close and, having a Marxist trained and believing President whose father is a Marxist professor, Comrade Kamala Harris, stranger things have happened! November 5th, 2024, will be the most important day in the history of our Country. MAKE AMERICA GREAT AGAIN!”
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