Democratic presidential candidate and Vice President Kamala Harris speaks to the media after arriving at Joint Base Andrews, Maryland, September 22, 2024.
Matlock | Reuters
More than 400 economist and previous White House Policy adviser announces support for vice president Kamala Harris more than former president Donald Trump in an open letter on Tuesday.
The endorsement is like this Democratic Party and republican party Work hard to shape their respective candidates into better choices american economy exist November electionsame height cost of living remains a top concern for voters in national polls.
“The choice in this election is clear,” the letter reads. “It’s a choice between inequality, economic injustice, and uncertainty with Donald Trump or Kamala Harris. Prosperity, opportunity and stability.”
Most of the 405 signers are progressive economists, many of whom have served in Democratic administrations, including President Joe Biden and former president barack obama and bill clinton.
including Harvard economists Jason FurmanFormer Chairman of the Obama Administration’s Economic Advisory Committee; Founder of Yongke Roger Ultramanformer undersecretary of the Treasury under Clinton; Penny Pritzkerformer Secretary of Commerce during the Obama era; former Vice Chairman of the Federal Reserve Alan Blinder;and former staff of regulatory bodies e.g. Federal Trade Commission and Consumer Financial Protection Bureau. CNN First report endorsement.
Some on the list, such as Biden’s former National Economic Council director Brian Deeshas been advising the Harris campaign behind closed doors.
Some of the signers served in Republican administrations. Sean O’Keefe served as deputy director of the Office of Management and Budget in the White House under former President George W. Bush. Philip Braun was a staff member on former President Ronald Reagan’s Council of Economic Advisers.
The letter could provide a theme for Harris’ upcoming economic-focused speech on Wednesday, in which she is expected to unveil new policy proposals.
Some signatories, including Furman, have previously criticized some of Harris’ proposals. For example, he objected to the plans she imposed federal ban exist “Price gouging” in food and groceries.
“Do I like her suggestion about price gouging? No.” Forman He said in an interview with CNBC’s “Squawk Box” in August.
Harvard economist Jason Furman.
Anjali Sundaram | CNBC
Still, he joins a chorus of economists, including hardliners, who oppose many of Trump’s economic proposals tariff All imports, deep corporate tax cuts and give the president a voice Fed Decisions about interest rates.
Before Biden makes his decision drop out While campaigning and endorsing Harris, a slew of progressives and center-left economists have expressed opposition to Trump’s plans and support for the Democratic campaign.
In one case, sixteen nobel prize winner Economists backed Biden’s candidacy on June 25, two days before the decisive debate that ultimately led the president to abandon his re-election bid.
