Steve Forbes slams Harris' “modern socialism” and says he doesn't want to “liberate” the US

Forbes editor-in-chief and Republican businessman Steve Forbes ripped Vice President Kamala Harris' economic plans on Fox Business Thursday, calling them “modern socialism,” saying she wants to “control” the U.S. instead of ” set him free.”

Forbes appeared on “The Evening Edit” with host Elizabeth MacDonald to discuss Harris's proposal for a federal ban on “corporate price gouging” in food and grocery stores. He highlighted the high inflation under President Joe Biden and predicted voters would “see through” Harris' plans, comparing them to policies in North Korea, Cuba and the former Soviet Union.

“It's about controlling the economy, not freeing it. I think the American people will see that. These things never work. If you want to see how it works, go to North Korea, go to Cuba, and go to the former Soviet Union. Look at it, Kamala,” Forbes said.

“I don't think the American voters will accept a collapse of the American economy, doing things that hurt the economy instead of helping it. Release him as President Trump is proposing,” he continued Forbes. “Remove the shackles. Cut regulation. Cut taxes and, unfortunately, the American people will get off like they all have in the past.”

MacDonald went on to criticize Harris for wanting a “big government solution like socialism”, which Forbes called a “failed formula”.

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“It is modern socialism. You don't take things. You just widely regulate it, run it into the ground, and blame those running it, even as you put them out of business. It's a failed formula and I don't think we should go through with it,” Forbes said.

Harris plans to lay out his full economic agenda in a speech on Friday in North Carolina, where he is expected to attribute rising grocery prices to corporate consolidation and greed. seconds on the Hill While a July report the consumer price index (CPI) showed that inflation fell by 2.9% year-on-year, food prices in general have raised more than 20% since Biden took office in January 2021.

A recent August poll conducted by the Financial Times and the University of Michigan shown Harris now leads former President Donald Trump on who Americans believe he can handle the economy better, even though nearly half of respondents believe the Biden administration's policies have “hurt the economy “. However, 42 percent of voters still believe they would be “better off” economically under another Trump administration, compared with 33 percent who said the same of Harris, the data showed.

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