Hanson criticizes Goldman Sachs for supporting Harris amid middle class concerns

Victor Davis Hanson, a senior fellow at the Hoover Institution, criticized Goldman Sachs for its support of Vice President Kamala Harris, suggesting that the firm is promoting policies that could harm middle-class Americans. He expressed skepticism about Goldman Sachs' economic predictions, which indicated a potential slight boost to GDP under Harris' policies, contrasting them with former President Donald Trump's plans that were deemed detrimental due to tariffs and immigration policies. Hanson questioned the motives of financial institutions that seem detached from the consequences of political decisions, likening their stance to that of aristocrats during the Bolshevik revolution who believed they would remain unaffected by radical changes. Hanson also took issue with former Vice President Dick Cheney's endorsement of Harris, linking it to her potential choices for attorney general, including Keith Ellison, who has ties to left-wing billionaire George Soros. He argued that such endorsements reflect a broader agenda that threatens the middle class, as they promote policies that diverge from traditional conservative values, such as border security and economic deregulation. The commentary comes in the wake of Harris unveiling her economic policies, which have faced criticism from various political commentators. One of her proposals, aimed at curbing corporate price gouging to alleviate grocery prices, has been particularly contentious. This backlash highlights the divisions within political discourse regarding economic strategies and their implications for everyday Americans. Hanson's remarks underscore a growing concern among some conservatives about the direction of the Democratic Party and the potential impact of its policies on the middle class. He argues that the disconnect between elite financial institutions and the average voter could lead to disastrous outcomes for the broader population, emphasizing the need for a more grounded approach to economic policy.