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 Harris must awaken the nation from the 'sleeper effect' at the debate with Trump—and dispel the oft-repeated falsehood that the booming U.S. economy isn’t doing so well
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Vice President Kamala Harris is preparing for a debate with former President Donald Trump on September 6, 2024; Trump is expected to challenge her on economic issues, claiming the Biden administration has caused inflation and economic decline; Yale researchers Carl Hovland and Walter Weiss coined the term 'sleeper effect' in 1951, highlighting how misinformation can persist; Trump falsely claims that under his presidency, the U.S. had the safest border and best economy; Annual encounters at the U.S.-Mexico border averaged 488,164 under Trump, compared to 408,493 under Obama; Inflation peaked at 9.1% under Biden but has since decreased to 2.9%; Trump’s gross new borrowing was $8.8 trillion, while Biden-Harris' was $6.2 trillion; Trump oversaw the largest spending deficit since WWII, while Biden-Harris have reduced deficits; Biden-Harris have created 15.8 million jobs compared to Trump's 4.4 million; Manufacturing jobs increased by 765,000 under Biden-Harris, while 172,000 were lost under Trump; Biden-Harris' Bipartisan Infrastructure Law and Inflation Reduction Act allocated over $700 billion for infrastructure; The U.S. is producing record amounts of oil and natural gas under Biden-Harris; The World Bank has revised its growth outlook positively due to U.S. economic strength; Pew Research shows international confidence in Biden-Harris leadership has increased; Goldman Sachs projects GDP growth under Harris, not Trump.

#Harris #Trump #Economy #Debate #Inflation #Jobs #Manufacturing #Infrastructure #Biden #Politics

https://fortune.com/2024/09/06/harris-must-awaken-the-nation-from-the-sleeper-effect-at-the-debate-with-trump-and-dispel-the-oft-repeated-falsehood-that-the-booming-u-s-economy-isnt-doing-so-well/