Grant Cardone Critiques Kamala Harris on Economic Literacy

Grant Cardone has criticized Kamala Harris for her economic understanding, arguing that the focus should be on enhancing financial literacy rather than creating more businesses. He highlighted that the U.S. already has approximately 32 million small businesses, with a significant portion struggling financially. Cardone believes that equipping individuals with financial knowledge is crucial for their success, emphasizing that this education should be accessible to everyone, including those in entry-level jobs. He pointed out that many Americans lack essential money management skills, which leads to high debt levels and challenges in building wealth. Personal finance expert Suze Orman echoed this sentiment, stating that a vast majority of Americans are financially illiterate, lacking basic knowledge about retirement accounts and essential legal documents. While Cardone's perspective may seem harsh to some, it aligns with a broader consensus among experts that financial literacy is a pressing issue in the U.S. economy. However, the creation of new businesses still plays a vital role in economic growth, as they introduce innovation, generate employment, and foster competition. Despite the challenges faced by many small businesses, those that succeed can significantly contribute to economic improvement, highlighting the need for a balanced approach that includes both financial education and support for entrepreneurship.