Steve Forbes: You don’t fight inflation by depressing the economy

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Published 2024-08-03
Forbes Media chairman Steve Forbes highlights the dangers to the economy if Vice President Kamala Harris and Democrats control Washington, D.C., on ‘The Bottom Line.’

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All Comments (21)
  • @c.s.wachter7306
    Cut taxes; reduce regulation. Why is that so difficult to understand?
  • We are getting the same price for cotton that farmers got in the 60’s and 70’s. Farmers can’t survive this.
  • @GeneralCliff
    For once, can the government just leave the economy alone? Don't you people already have enough in your pockets? Smh.
  • @ChrisWibbeler
    When you keep people oppressed, depression follows.
  • @happiness8535
    I have a good paying job and I have to cancel my vacation in November. My budget for everything has doubled. I have to keep my AC units off.
  • @gailjohnson4482
    I totally agree 💯 with steve , the whole democratic regime she take a PERMANENT VACATION !!!
  • harris isn't the one picking the vice president. harris is being told who the vice president will be.
  • Jim Jones 😎💬I'm fighting for your souls. Joe Biden 😎💬I'm fighting for your souls. Does anyone see the similarities in these cult leaders?
  • @Genesis-007
    Steve Forbes is no slouch at facts and figures.
  • @Corbrwl
    Steve is correct, there's two Econ 101 ways to bring down inflation, 1) raise interest rates to crush the economy, and 2) increase supply by lowering taxes and regulations, which lowers prices. The current regime picked the former, and we're all suffering as a result.
  • @stevebriggs9399
    Thirty five years of the government manipulating consumption have left no levers to push. Demographics and deglobalization is reducing supply. Trying to stimulate consumption with low interest rates has a much bigger affect on inflation now than it did back when there was an unlimited supply of Chinese farmers moving to Chinese cities to work in factories, pirates and terrorist weren't plinking ships, 1/3 of the global grain supply wasn't in a hot war zone, and baby boomers were still working.
  • @DellaHeil
    Forbes should replace Powell & Yellen
  • Property tax, homeowner insurance, car insurance, utilities and administrative fees, have all gone UP ..Wallstreet claiming record profits for corporations, banking, insurance and retail...if someone is making profits, that means someone is buying. So what I see higher profits means higher taxes on profits. If you make to much money, you pay the tax ..in time it will not be worthy it.. so the higher the profits the higher the TAXES on the profits, O don't forget credit card companys !!!
  • @JudyOng-cj8gd
    FOX, please host a presidential debate between President Trump and chameleon Kamala Harris.
  • @tapitXq9
    My rural farm/ranch annual insurance policy increased $2,000/yr after being reasonable for the last 20 years.