The State of CaliforniaThe State of California

Harris' economic plan vs. Republican nostalgia of perceived better economy

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Vice President Kamala Harris added some new pieces to her economic plan today while visiting a brewery in New Hampshire.

The Democratic presidential nominee is focusing her attention on boosting small business startups, as she tries to seize the lead on economic issues from rival Donald Trump.

Polling consistently shows that voters favor Republicans, in this case former President Trump, over Democrats when it comes to the economy—even though historically, the economy fares much better under Democratic presidents than under Republican ones, with stronger economic growth and job creation when a Democrat occupies the Oval Office. With the economy one of Harris’ perceived vulnerabilities, she is unveiling some more moderate, pro-business proposals to counter Trump’s claim that she would pursue a radical, left-wing, even “Communist” and “Marxist” agenda.

For more, KCBS political reporter Doug Sovern, along with KCBS Radio news anchors Patti Reising and Bret Burkhart, spoke with Dr. Larry Harris, professor of finance and business economics and the Keenan Chair in Finance at the USC Marshall School of Business in Los Angeles. He is the former chief economist for the Securities and Exchange Commission...and no, Dr. Harris is not related to Kamala Harris.

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