To the editor: Ballot after ballot exhibits People belief former President Trump on the financial system and fear that Vice President Kamala Harris will spark extra inflation. Nevertheless, it’s Trump’s insurance policies that ought to fear us. (“Harris’ economic plan is a grab bag of targeted subsidies. Trump’s is nonsense on stilts,” column, Sept. 30)
Two of his signature insurance policies are blanket tariffs and mass deportation. Every is extremely inflationary, and collectively, they may end in inflation like no one has ever seen, to make use of his drained rhetoric.
Tariffs immediately elevate costs. As for mass deportation, most of these focused have low-paying jobs doing issues People don’t wish to do. In the event that they abruptly vanish, these jobs is not going to be simply crammed, requiring huge wage will increase, which can in flip create shortages and spike costs, particularly for meals.
The inflation spike after 2020 was an unavoidable results of the pandemic, brought on by neither President Biden nor Trump. Biden did an unimaginable job getting it again below management.
It might have been a lot worse — and it is going to be if Trump is reelected.
Bob Deen, Altadena
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To the editor: The financial system is the key difficulty for a lot of the voters. There are voters who should not positive of Harris and her financial plans.
Maybe columnist Doyle McManus can clarify what Harris means by an “alternative financial system.” She is slightly obscure on her particular financial insurance policies, which actually doesn’t assist undecided voters.
Janet Polak, Beverly Hills
