Many readers expressed nostalgia for the Trump White House, including Rich D. who simply says: “Better off during Trump.”

Others raised concerns about both candidates' policy proposals.

For instance, George F. suggests Trump should counter Harris’ “Opportunity Economy” by pledging “no taxes on unearned income from capital gains.”

It’s my understanding, as the law currently stands under Trump’s Tax Cuts and Jobs Act of 2017, there is no such tax.

But many provisions of the TCJA expire in 2025. For her part, Harris has not committed to extending them.

Ironically, Harris’ so-called “tax the rich” provisos would raise taxes for many middle-and-working class citizens and American businesses.

To wit, Patrick M. observes: “The American Dream is dead for most young families.”

At the same time, several of Harris’ proposed giveaways would come via tax credits. Accordingly, Ruth B. asks: “Who does she think will pay for her programs?”

With a $35.4 trillion national debt — and counting — Harris’ silence on the subject indicates she’s willing to kick the can down the road.

Finally, as for recent polls, Gene M. writes: “Many conservative MAGA voters do not answer poll questions, so the Harris polling data is wrong.”

Speaking of polling data, here’s an intriguing angle that could affect the election’s outcome…

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Your Rundown for Wednesday, September 25, 2024...

Kamala Harris Gets Lost in Translation

While Biden enjoyed a commanding 33-point advantage over Trump among Hispanic voters in 2020, Harris's lead has dwindled to just 17 points, according to an ABC News/Ipsos poll.

This represents a dramatic 16-point drop in Democratic support among this crucial demographic in the space of four years.

And the decline is even more pronounced when compared to Hillary Clinton's performance in 2016.

Clinton secured a whopping 40-point lead over Trump among Hispanic voters, despite ultimately losing the election.

Courtesy: ABC News

Tony Fabrizio, the Trump campaign’s chief pollster, points especially to trouble for Harris in key swing states.

“Particularly in Arizona and Nevada, which have the largest Hispanic population of the battleground states, [President] Trump is either leading or basically tied with Kamala Harris,” Fabrizio says.

He further suggests a few key concerns are driving more Hispanics towards the Republican party…

• “What we're seeing is the combination of the economic climate, the combination of personal-security concerns and their desire to achieve the American dream is driving them to the Republican Party.”

Meanwhile, the Hispanic vote is more critical than ever.

With 36.2 million Hispanics eligible to vote in 2024, up from 32.3 million in 2020, this growing electorate poses a serious problem for Harris.

The Harris campaign is not oblivious to the challenge. They're trying to connect to Latino voters with Spanish-language ads and focused outreach.

But it remains to be seen, in a manner of speaking, if Harris can speak Hispanic voters’ language.

On the other hand, Trump has never shied away from speaking to (or about) specific demographic groups in America — often having the effect of a bull in a China shop.

But, hey, at least he addresses these voters!

Trump doesn’t ignore, tiptoe around or marginalize them. (Looking at you, Clinton… Deplorables?)

Trump’s ability to close the gap with Hispanic voters could prove decisive in key battleground states. And, ultimately, determine the outcome of the presidential race.

Market Rundown for Wednesday, Sept. 25, 2024

S&P 500 futures are in the red slightly at 5,785.

Oil is down over 2% to $70.08 for a barrel of WTI.

Gold is up 0.30% to $2,684.70 per ounce.

And Bitcoin is down about 0.45% to $63,700.

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