Canadian businessman and investor Kevin O’Leary has slammed Kamala Harris’ “crazy” ideas for the US economy. Speaking with Fox News on Monday, the Shark Tank star expressed concerns about Vice President Harris’ economic policies. O’Leary described Harris’ approach as “all sugar, no protein”, suggesting her policies lack the substance investors are looking for.
One of his main concerns, is Harris’ support for price controls, stating they have historically failed. “I really need to understand the idea of price controls,” O’Leary said. “That didn’t work in the seventies, doesn’t work anywhere else on Earth.” His remarks highlight broader skepticism in the business community about government interference in market pricing, which is often seen as stifling innovation and competitiveness.
Finally, he opposed her proposed policy of taxing unrealised gains, arguing it could undermine American entrepreneurship. “This is a 200-year-old economy that’s based on supporting entrepreneurship,” he said. “Those ideas are beyond non-starters – they’re crazy.”
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