The latest developments in the US presidential election!
Since Vice President Harris joined the presidential campaign, the US presidential election has undergone tremendous changes. Unexpectedly, the balance of victory has begun to tilt towards the Democratic Party.
According to well-informed sources familiar with the inside information, as of August 21, Harris has raised more than $1 billion in campaign funds, far surpassing Trump's more than $300 million, becoming the fastest record in the history of the United States to break this record for US presidential campaign fundraising. Campaign funds are very important! Advertising and canvassing for votes require money. Whoever has more campaign funds will have an advantage in the presidential campaign. Although it does not mean that whoever has more campaign funds will definitely become the president of the United States. Before Biden was forced to withdraw from the presidential election, few people paid attention to Harris, and even fewer people thought that in a short period of time, her voter support rate would be able to overtake Trump and raise more campaign funds than Trump.
Judging from the current election situation, the election is very favorable to Harris. She is likely to become the first female president in American history.
If Harris is elected president, it could have a variety of impacts on the U.S. economy. Here are some of the possible aspects:
- Fiscal policy: Harris's policy proposals may include increasing fiscal spending to support infrastructure construction, education, health care and other areas. This may stimulate economic growth, but it may also lead to an increase in fiscal deficits.
- Tax policy: She may push for tax reforms to increase taxes on high-income earners and businesses to increase fiscal revenue and reduce the gap between the rich and the poor. This may have a certain impact on corporate profits and investment.
- Trade policy: Harris is more moderate on trade policy, which will help reduce the likelihood of global trade disputes.
- Economic regulation: Harris is likely to strengthen regulation in areas such as finance and the environment to ensure economic stability and sustainable development.
- Social policy: Her policies are likely to focus on social equity and inclusion, which could have an impact on the labor market and consumption.
