Working-Class Voters Are Pivotal. Both Candidates Are Vying for Their Support.

Published On Nov 1, 2024, 5:02 AM

The article discusses how Kamala Harris's economic proposals are aimed at benefiting working-class voters more significantly than Donald Trump's previous policies. Many working-class individuals, like Bernadette Daywalt, express concern over rising living costs and are considering economic factors heavily in their voting decisions. Economists believe Harris's proposals could increase post-tax incomes for the poorest Americans by 18% by 2026, compared to only 1.4% under Trump's agenda.

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Given the potential for increased economic support targeted at working-class voters, companies that cater to this demographic may see growth. This could positively impact sectors such as consumer goods, grocery stores, and housing. Stocks or ETFs focused on these sectors could benefit if Harris's plans gain traction and subsequently influence consumer spending positively.

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