What us workers lost

Stalin

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"Several progressive economists were among more than 400 policy experts who signed onto an endorsement of U.S. Vice President Kamala Harris on Tuesday, arguing that the Democratic presidential candidate's proposals for an "opportunity economy" would improve the financial well-being of families across the country.

Stony Brook University professor Stephanie Kelton, a leading proponent of modern monetary theory; Center for Economic and Policy Research senior economist Dean Baker; University of California Berkeley economists Emmanuel Saez and Gabriel Zucman, whose work has focused on economic inequality; and former Labor Secretary Robert Reich were among the experts who signed the statement of support.

The economists noted that while working with President Joe Biden—who set out to be the "most pro-labor president" in U.S. history and has enacted numerous pro-worker policies—Harris "has taken action to strengthen sectors critical to the U.S. economy by increasing investment in small businesses, clean energy, and domestic manufacturing."

The vice president has pointed out during her campaign that she cast the tie-breaking vote to pass the Inflation Reduction Act in 2022, ushering in historic investments in clean energy and jobs.

Earlier this year, before Biden stepped aside in the presidential race, Harris announced a proposal to ensure state and local governments take action to reduce medical debt.

"From broadening access to affordable housing, to mitigating the financial burdens of medical debt, to rebuilding the nation’s infrastructure and expanding access to high-speed internet in rural communities—her leadership has made the economy stronger
and fairer for all Americans," wrote the economists, who also included center-left policymakers who served in the Obama and Clinton administrations.

The experts expressed confidence that as president, Harris would "work relentlessly to build a strong, pro-growth economy for all Americans."

The document was released the day before Harris is expected to give her latest speech focused on her proposals for an "opportunity economy." Since announcing her candidacy in July, Harris has unveiled proposals for a federal ban on price-gouging in the grocery and food industries, an expansion of Medicare's cap on prescription drug costs, and a restoration of the expanded child tax credit that was opposed by all Republicans in Congress, among other economic policies.


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