{UAH} WHAT KAMALA HARRIS'S ECONOMIC OPPORTUNITY DID FOR WOMEN
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What Kamala's "Economic Opportunity" REALLY Did For Women
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She argues that contrary to the narrative propagated by Democrats and mainstream media, a Kamala Harris presidency would not usher in an era of unprecedented economic opportunity for working women. Instead, she asserts that the Biden-Harris administration has burdened women with the most significant pay cut, inflation crisis, tax increase, and economic downturn of the 21st century. In contrast, Stefanik credits President Trump with providing the most substantial economic uplift for American women of any contemporary president.
According to Gateway Pundit, Stefanik points out that during the Trump administration, the median income for women rose annually, reaching a record high in 2020. She states, "Real average weekly earnings increased 8.2% under President Trump yet decreased 3.9% under Joe Biden and Kamala Harris." The unemployment rate for women, especially black women, hit an all-time low during Trump's tenure. In 2019, the workforce participation gap between men and women was the smallest in history, and the number of women in the workforce reached an unprecedented high.
Stefanik attributes these achievements to Trump's pro-family economic policies, which included doubling the child tax credit from $1,000 to $2,000 per child and expanding eligibility. "Nearly 40 million families received an average benefit of $2,200 under his leadership, totaling credits of approximately $88 billion," she notes. Trump also introduced the first-ever paid family leave tax credit for employees earning $72,000 or less and signed into law 12 weeks of paid parental leave for federal workers. He also approved the largest-ever increase in child care and development block grants, thereby expanding access to quality, affordable childcare for over 800,000 low-income families. Furthermore, Trump enacted a provision allowing new parents to withdraw up to $5,000 from their retirement accounts without penalty upon the birth or adoption of a child.
However, Stefanik argues that the economic landscape for women has deteriorated under the Biden-Harris administration. She accuses their failed economic policies of hurting all Americans, but women most severely. She points to the "Inflation Reduction Act," which she claims has accelerated inflation due to excessive climate spending. As a result, women are working longer hours and postponing retirement.
@OwenGregorian
Numbers Don’t Lie: Women Thrived Under Trump, Suffered Under Harris | Elise Stefanik, RealClearPolitics
Numbers Don’t Lie: Women Thrived Under Trump, Suffered Under Harris
COMMENTARY
August 19, 2024By Elise Stefanik
AP
Of the countless lies about Kamala Harris perpetuated by Democrats and their loyal stenographers in the mainstream media, one of the most egregious is that a Kamala Harris presidency will deliver historic economic opportunity for working women. Unfortunately for these desperate Democrats attempting to erase publicly available data, numbers tell the exact opposite story. Kamala Harris and Joe Biden saddled women with the largest pay cut, inflation crisis, tax hike, and economic crash so far this century, whereas President Trump delivered the greatest economic boost for American women of any modern day president.
The median income for women increased every year during the Trump administration, reaching the highest on record in 2020. Real average weekly earnings increased 8.2% under President Trump yet decreased 3.9% under Joe Biden and Kamala Harris. The unemployment rate for women overall and for black women in particular reached a record low during President Trump’s term. In 2019, the workforce participation gap between men and women shrank to the narrowest in history. President Trump’s economy made history with the most women in the workforce ever.
This wasn’t by accident. Understanding that working women are also balancing families, President Trump delivered a pro-family economic agenda that included doubling the child tax credit from $1,000 to $2,000 per child and expanding eligibility. Nearly 40 million families received an average benefit of $2,200 under his leadership, totaling credits of approximately $88 billion.
He then created the first-ever paid family leave tax credit for employees earning $72,000 or less and signed into law 12 weeks of paid parental leave for federal workers. He also signed the largest-ever increase in child care and development block grants – expanding access to quality, affordable childcare for more than 800,000 low-income families. President Trump signed into law a provision that enabled new parents to withdraw up to $5,000 from their retirement accounts without penalty when they give birth to or adopt a child.
The oft-asked question about balancing work and family life is: Can women have it all? Under President Trump’s leadership, the answer was a resounding yes.
Under Joe Biden and Kamala Harris, not so much.
Biden and Harris’ failed economic policies hurt every American but hit women hardest of all. Women are bearing the brunt of Kamala Harris’ tie-breaking vote for Biden’s comically named “Inflation Reduction Act,” which turbocharged inflation with a glut of ridiculous climate spending. Women are working longer hours and delaying retirement as a result.
Talk to any woman in America and there is no question that inflation is a women’s issue. Since Kamala Harris was sworn in as vice president, prices have risen by 19.4% – making it increasingly difficult for women to provide for their families. Women are the majority of grocery shoppers, and grocery bills have skyrocketed, forcing many Americans to cut back on essentials. A single mother of two in Nevada had to sell her car to afford groceries under Biden. A mother of two in Michigan had “to think about putting gasoline prices before buying my kids clothes” because of Kamala Harris’ tie-breaking vote for Biden’s radical green energy agenda.
Families now need an extra $12,590 annually just to maintain the same standard of living they enjoyed three years ago, according to Congress’ Joint Economic Committee—and 67% of parents say inflation has impacted their ability to pay for their children’s education, school supplies, and extracurricular activities this past school year. The cost of childcare has increased 32% for the average family since 2019, and nearly two-thirds are spending 20% or more of their annual income on childcare. The average price for a pack of disposable diapers has increased 32% since 2019, and 47% of families reported struggling to afford them. In 2022, Joe Biden and Kamala Harris’ incompetence created a baby formula shortage, causing the price to soar to an all-time high. Some 44 million people were living in food insecure households in 2022, a 31% annual increase and the largest one-year increase since 2008.
To my fellow women voters: Don’t be fooled.
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Stefanik asserts that inflation has become a women's issue, with prices increasing by 19.4% since Harris took office as vice president. This rise in prices has made it increasingly challenging for women to provide for their families. She cites examples of women who have had to make significant sacrifices due to the economic strain, including a single mother in Nevada who had to sell her car to afford groceries and a mother in Michigan who had to prioritize gasoline prices over buying clothes for her children.
The economic burden on families has increased significantly, with families needing an additional $12,590 annually to maintain the same standard of living they had three years ago, according to Congress' Joint Economic Committee. Stefanik also highlights the rising cost of childcare and baby essentials, such as diapers and baby formula, and the increase in food insecurity, which she attributes to the incompetence of the Biden-Harris administration.
Stefanik concludes by warning women voters not to be deceived by the Harris propaganda machine's attempts to convince them that their economic situation has never been better.
She argues that the numbers tell a different story, demonstrating that President Trump cared deeply about women and all Americans and knew how to stimulate the economy to create historic opportunities. In contrast, she accuses Kamala Harris of seeing women as a convenient voting block to pander to, deceive, and then abandon in favor of a radically liberal, economically toxic agenda.
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