Victor Davis Hanson Rips Goldman Sachs for Propping Up Harris

DAILY CALLER NEWS FOUNDATION—Hoover Institution senior fellow Victor Davis Hanson called out Goldman Sachs on Tuesday for suggesting the economy under Vice President Kamala Harris could be more beneficial, arguing the group and others like it are pushing an agenda that could “destroy” middle-class Americans.

Last week, Goldman Sachs economists released a note suggesting Harris’ policies might provide a “very slight boost” to gross domestic product investment, while former President Donald Trump’s plans could negatively impact growth due to “tariffs and tighter immigration policy.” On his podcast, “The Victor Davis Hanson Show,” Hanson questioned why voters should heed Goldman Sachs when the firm won’t face the consequences of “whatever disastrous policies” could come from a potential Harris administration.

“Why would we listen to someone who makes so much money that will be immune from whatever disastrous policies that will destroy the rest of us? And then they can afford the luxury for social or cultural reasons of supporting a neo-socialist, and that’s what we’re talking about. We really are,” Hanson said. “Reminds me of the aristocrats during the Bolshevik Warsaw revolution, who all thought that Lenin was kind of cute and neat. But that they had so much land and so much money that he would never go after them, and even if he did, it wouldn’t hurt them.”

“I don’t listen to anything Goldman Sachs says, I’m not—I have no animus toward them, but they’re just, they live in a different world, all those people,” Hanson continued.

Hanson then called out former Republican Vice President Dick Cheney’s recent endorsement of Harris, expressing concern that Cheney’s approval of the vice president also implies approval of her potential attorney general choices, such as Keith Ellison, who has received donations from left-wing billionaire George Soros.

“Dick Cheney is endorsing the Soros attorney generals, and I don’t understand the ‘Never Trumpers’ or the Goldman Sachs people, that’s what they endorse. They don’t just endorse being kind of liked by the Left and kind of having better press coverage … But what they’re really doing to the middle class is they are promoting an agenda that will destroy the middle class,” Hanson said.

The senior fellow continued to slam Democrats as he stated they “lie” about wanting to push policies that secure borders, have a “low tax deregulated economy to spur investment and entrepreneurship,” and are “tough” on “deterrent foreign policy.”

“The fact is, there’s two different agendas, and they’re antithetical. One agenda is 90% similar to all of the people’s, all of these characters that I mentioned to their lifelong advocacies,” Hanson continued. “So why are they rejecting 90% of what they told us was essential to give them money or to give them votes or to give them support?”

“And the answer is they got their feelings hurt. They lost their magazine, they lost their speaking fees, they lost their TV billets, they lost their authorities. No one listens to them. They’re has-beens, they destroyed their careers. They committed career suicide. And they’re angry, and they blame it all on the orange man,” Hanson said.

After unveiling her economic policies in mid-August, Harris faced backlash from political pundits on both sides of the aisle, particularly over her proposal to place a federal ban on “corporate price gouging” in order to lower high grocery store prices. Critics stated that not only would the proposal potentially drive up prices, but it would also create black markets.

Goldman Sachs did not immediately respond to the Daily Caller News Foundation’s request for comment.

https://www.dailysignal.com/2024/09/11/victor-davis-hanson-rips-goldman-sachs-for-propping-up-harris-says-others-alike-are-pushing-to-destroy-middle-class/