Newman: 8 big Trump and Harris ideas that are going nowhere

Published On Sep 3, 2024, 5:28 PM

With the 2024 election approaching, Donald Trump and Kamala Harris are sharing ambitious policy proposals. However, a recent analysis indicates that many of these ideas are unlikely to be implemented, especially given the polarized political landscape. Economic estimates suggest Trump's policies could significantly increase the national debt, while Harris's plans face similar skepticism. The likelihood of a divided Congress makes it hard to predict major legislative changes. Eight specific proposals from both candidates, ranging from tax reforms to energy policies, are critically examined, and their feasibility is questioned based on political realities.

Stock Forecasts

The proposals by Trump and Harris are expected to have limited to no impact on market dynamics due to their unlikely implementation. Investors should focus on companies and sectors that would benefit from a continuation of the current policies rather than the proposed ones that are unlikely to materialize.

The overall indecisiveness and polarization in Congress may lead to a stagnant policy environment if a divided government occurs, negatively impacting sectors reliant on government support or regulatory changes.

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