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    Trump vs. Harris on the Economy

    Diana NguyenNina FeldmanSydney Harper and Marion LozanoDiane Wong and Listen and follow ‘The Daily’Apple Podcasts | Spotify | Amazon Music | YouTube | iHeartRadioAs the 2024 presidential race enters the homestretch, former President Donald J. Trump and Vice President Kamala Harris are putting economic policy at the center of their pitches to voters.Jim Tankersley, who covers economic policy for The New York Times, evaluates both of their plans.On today’s episodeJim Tankersley, an economic policy reporter for The New York Times.Vice President Kamala Harris and former President Donald J. Trump have outlined contrasting economic approaches.Haiyun Jiang for The New York Times, Ruth Fremson, via The New York TimesBackground readingAnalysis: Both candidates embrace expansions of government power to steer economic outcomes — but in vastly different areas.Analysis: Harris’s price-gouging ban plan does not appear to amount to government price controls. It also might not bring down grocery bills anytime soon.There are a lot of ways to listen to The Daily. Here’s how.We aim to make transcripts available the next workday after an episode’s publication. You can find them at the top of the page.The Daily is made by Rachel Quester, Lynsea Garrison, Clare Toeniskoetter, Paige Cowett, Michael Simon Johnson, Brad Fisher, Chris Wood, Jessica Cheung, Stella Tan, Alexandra Leigh Young, Lisa Chow, Eric Krupke, Marc Georges, Luke Vander Ploeg, M.J. Davis Lin, Dan Powell, Sydney Harper, Michael Benoist, Liz O. Baylen, Asthaa Chaturvedi, Rachelle Bonja, Diana Nguyen, Marion Lozano, Corey Schreppel, Rob Szypko, Elisheba Ittoop, Mooj Zadie, Patricia Willens, Rowan Niemisto, Jody Becker, Rikki Novetsky, Nina Feldman, Will Reid, Carlos Prieto, Ben Calhoun, Susan Lee, Lexie Diao, Mary Wilson, Alex Stern, Sophia Lanman, Shannon Lin, Diane Wong, Devon Taylor, Alyssa Moxley, Olivia Natt, Daniel Ramirez and Brendan Klinkenberg.Our theme music is by Jim Brunberg and Ben Landsverk of Wonderly. Special thanks to Sam Dolnick, Paula Szuchman, Lisa Tobin, Larissa Anderson, Julia Simon, Sofia Milan, Mahima Chablani, Elizabeth Davis-Moorer, Jeffrey Miranda, Maddy Masiello, Isabella Anderson, Nina Lassam and Nick Pitman. More

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    Latino Civil Rights Group Demands Inquiry Into Texas Voter Fraud Raids

    A Latino civil rights group is asking the Department of Justice to open an investigation into a series of raids conducted on Latino voting activists and political operatives as part of sprawling voter fraud inquiry by the Texas attorney general, Ken Paxton.The League of United Latin American Citizens, one of the nation’s oldest Latino civil rights organizations, said that many of those targeted were Democratic leaders and election volunteers, and that some were older residents. Gabriel Rosales, the director of the group’s Texas chapter, said that officers conducting the raids took cellphones, computers and documents. He called the raids “alarming” and said they were an effort to suppress Latino voters.In a statement last week, Mr. Paxton, a Republican, described the raids, carried out in counties near San Antonio and South Texas, as part of an “ongoing election integrity investigation” that began two years ago to look into allegations of election fraud and vote harvesting. His office has said that it will not comment on the investigation because it is still underway.That investigation is part of a unit, the election integrity unit, which was created as Republican-led states sought to crack down on supposed voter crime after former President Donald J. Trump began making false claims of fraud in the wake of the 2020 election. Experts have found that voter fraud remains rare.For 35 years, Ms. Martinez has been a member of the League of United Latin American Citizens, instructing Latino residents stay engaged in politics.Christopher Lee for The New York Times“I’ve been involved in politics all of my life,” Ms. Martinez said.Christopher Lee for The New York TimesWe are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Harris Campaign Says It Raised $82 Million During Convention Week

    Vice President Kamala Harris’s presidential campaign said on Sunday that it raised $82 million during the Democratic National Convention last week, the latest spurt of donor enthusiasm around a presidential bid that, according to the campaign, has now raised $540 million in the last month.National party conventions are typically big-money moments for presidential candidates, offering nominees four days of lightly mediated exposure to a broad, if partisan audience. Ms. Harris has been on a historic fund-raising tear ever since President Biden announced on July 21 that he would no longer seek the Democratic nomination. The party convention, which took place from Monday to Thursday in Chicago, was full of messaging encouraging big and small donors alike to give to Ms. Harris’s campaign.After the vice president’s speech accepting the Democratic nomination on Thursday night, the Harris campaign saw its “best fund-raising hour since launch day,” the campaign’s chair, Jen O’Malley Dillon, wrote in a memo on Sunday, although she did not provide a specific amount. The $82 million total includes contributions to allied fund-raising committees with the state and national parties.The memo did not give day-by-day totals, but ActBlue, which processes online donations for many progressive causes, including Ms. Harris’s bid, reported that its platform raised $13 million on Monday, $16.5 million on Tuesday, $23 million on Wednesday and almost $37 million on Thursday.Ms. Harris’s Republican opponent, former President Donald J. Trump, did not release similar fund-raising numbers after his party’s convention in Milwaukee last month. While he was competitive with Mr. Biden in political fund-raising through 2024, Ms. Harris opened a $50 million cash-on-hand advantage at the beginning of August, after she had ascended to the top of the Democratic ticket.The $82 million raised during the four days of the Democratic convention is roughly on par with the $81 million the Harris campaign said it raised in the first 24 hours after Mr. Biden’s decision to drop out. More

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    Kamala Harris and a New Economic Vision

    Kamala Harris is beginning to offer the first definitive clues of a new economic vision — one with the potential not only to offer a unifying vision for the Democratic Party but also to serve as the foundation for a governing philosophy that crosses party lines.In recent years, both parties have broken with a markets-know-best default setting. The question is, what comes next?One influential school of thought, advanced by Ezra Klein and Derek Thompson, argues for increasing the supply of essentials such as housing, health care and clean energy, in part by using government to break the choke points that make these goods too scarce and costly in the first place. This has truth — the much-criticized million-dollar-toilet problem gets at something real.But it doesn’t fully reflect the realities of how powerful interests hold captive parts of our economy, and then our political system. A second intellectual camp focuses on these forces, and its avatars include Lina Khan, the chair of the Federal Trade Commission and the modern antitrust movement, and the U.A.W. leader Shawn Fain and re-energized labor unions. Yet it, too, is incomplete as a governing wisdom, as it lacks affirmative answers for our largest challenges, like how to decarbonize quickly and at scale, and how to contend with a rising geopolitical competitor in China.Ms. Harris’s early proposals suggest she is drawing from both strands in telling a more holistic and entirely new story about how the economy works and the aims it should serve. Put differently, her slogan “We’re not going back” might well extend beyond political and social rights to include a different brand of economics.This new story has two themes — call them “build” and “balance.” The first focuses on pointing and shaping markets toward worthy aims; the second corrects upstream power imbalances so that market outcomes are fairer and need less after-the-fact redistribution.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    ‘Run, Kamala, Run’: Mention of Harris’s Father Was a Rare Homage to a Fleeting Figure

    In her convention speech, Kamala Harris told of being inspired by her father, a prominent economist who was otherwise largely a footnote in her personal story.“Run, Kamala, run.”When Dr. Donald J. Harris uttered those words to his young daughter more than 50 years ago, he was encouraging her to whip freely through the parks of Oakland, Calif., not seek the highest elected office in the country. But in her address accepting the nomination as the Democratic presidential nominee, Vice President Kamala Harris said it was these words that helped inspire her.“From my earliest years, he taught me to be fearless,” Ms. Harris said.It was a rare homage to her father, a prominent economist but fleeting figure in her life who has largely been a footnote in her personal and political story. The first Black scholar to receive tenure in Stanford University’s economics department, Dr. Harris remains a professor emeritus there, and turned 86 the day after his daughter gave the most important speech of her life at the Democratic National Convention. He was not among the family members who accompanied Ms. Harris to the convention.Donald Harris held his daughter Kamala in 1965.Kamala Harris campaign, via Associated PressHer relationship with her father is a closely guarded part of Ms. Harris’s life about which she has spoken only sparingly. Her 2019 memoir, “The Truths We Hold,” referenced him only a handful of times. But in presenting herself as a nominee who understands the American dream through the complex lenses of personal, familial and social struggles, Ms. Harris tapped into the totality of the experiences that forged her.That included when her parents divorced — or, as she would write in her memoir, “they stopped being kind to each other”— when she was in elementary school.“My father remained a part of our lives,” Ms. Harris wrote. “We would see him on weekends and spend summers with him in Palo Alto. But it was my mother who took charge of our upbringing. She was the one most responsible for shaping us into the women we would become.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Tras una gran semana para los demócratas, un buen día para Trump

    El expresidente Donald Trump habló de políticas en Las Vegas y lució casi animado. En Arizona, se deleitó con el apoyo de un antiguo rival de campaña, Robert F. Kennedy Jr.[Estamos en WhatsApp. Empieza a seguirnos ahora]Fue un momento que el mundo político se había estado preguntando durante semanas.Si la vicepresidenta Kamala Harris tenía una buena convención, ¿podría descolocar aún más al expresidente Donald Trump?¿Toda esa prensa positiva para Harris —los grandes índices de audiencia, el apoyo de las celebridades y las bromas de Obama— podría llevar a Trump a lo profundo de sus patrones más autodestructivos?El viernes por la tarde, en un restaurante ítalo-mexicano de Las Vegas, parecía que teníamos la respuesta: no, al menos por ahora.Trump se presentó en el restaurante para promocionar su propuesta de “no gravar las propinas” entre los trabajadores del sector de servicios. En general se mantuvo centrado, no habló de sí mismo, sino de la difícil situación de los camareros y barmans. Les dijo que había sido Harris quien había roto un empate votando a favor de que el Servicio de Impuestos Internos contratara a 87.000 personas, las mismas que les arrebatarían las propinas que tanto les había costado ganar. (La verdad es un poco más matizada).We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Republicans Are Right: One Party is ‘Anti-Family and Anti-Kid’

    In attacking Democrats and Kamala Harris, Republicans have been making a legitimate point: One of our major political parties has worked to undermine America’s families.The problem? While neither party has done enough to support families and children, the one that is failing most egregiously is — not surprisingly — the one led by the thrice-married tycoon who tangled with a porn star, boasted about grabbing women by the genitals and was found by a jury to have committed sexual assault.You’d think that would make it awkward for the Republican Party to preach family values. But with the same chutzpah with which Donald Trump reportedly marched into a dressing room where teenage girls were half-naked, the G.O.P. claims that it’s the Democrats who betray family values.“The rejection of the American family is perhaps the most pernicious and most evil thing that the left has done in this country,” JD Vance said in 2021. Pressed on those remarks last month, he went further in a conversation with Megyn Kelly, saying that Democrats “have become anti-family and anti-kid.”This is gibberish. Children are more likely to be poor, to die young and to drop out of high school in red states than in blue states. The states with the highest divorce rates are mostly Republican, and with some exceptions like Utah, it’s in red states that babies are more likely to be born to unmarried mothers (partly because of lack of access to reliable contraception).One of President Biden’s greatest achievements was to cut the child poverty rate by almost half, largely with the refundable child tax credit. Then Republicans killed the program, sending child poverty soaring again.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    After a Big Week for Democrats, One Good Day for Trump

    Former President Donald J. Trump talked policy in Las Vegas and seemed almost chipper. In Arizona, he reveled in the endorsement of a former campaign rival, Robert F. Kennedy Jr.It was a moment the political world had been wondering about for weeks.If Vice President Kamala Harris had a good convention, would it knock former President Donald J. Trump further off his game?Would all that positive press for Ms. Harris — the big ratings, celebrity froth and the double-barreled Obama zingers — drive Mr. Trump deeper into his most self-destructive patterns?At a Mexitalian restaurant in Las Vegas on Friday afternoon, we seemed to have our answer: It would not — at least for now.Mr. Trump had turned up at the restaurant to stand among service industry workers and promote his “no tax on tips” policy proposal. He stayed mostly focused — he did not talk all about himself but rather about the plight of waiters and bartenders. He told them it was Ms. Harris who cast a tiebreaking vote to provide the Internal Revenue Service with funds to hire 87,000 people — the very people who would be snatching their hard-earned tips. (The truth is a bit more nuanced than all that.)He did not devolve into any racist tangents about Ms. Harris, or call anyone a fat pig, or pick a fight with a popular governor from his own party, or tell dark tales about young women being raped, strangled and murdered by immigrants.He seemed almost chipper (at least more chipper than the night before, when he called into Fox News with his initial meandering reviews of Ms. Harris’s big speech). He talked about how the restaurant’s owner had started as a dishwasher and worked his way up, and joked with him about how he must have lots of cash now. The owner compared Mr. Trump to Ronald Reagan. “Thank you, Javier,” said Mr. Trump, looking touched.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More