Harris is Making a 'Capitalist' Pitch to Boost the Economy

TIME

Vice President Kamala Harris on Wednesday pledged to build an economy that is both pro-business and helps the middle class as she pushed back against Republican nominee Donald Trump’s claims that she’s advancing “communist” ideas.

Transcript

00:00The American people face a choice between two fundamentally very different paths for our economy.

00:10I intend to chart a new way forward and grow America's middle class.

00:18Donald Trump intends to take America backward to the failed policies of the past.

00:26He has no intention to grow our middle class.

00:30He's only interested in making life better for himself and people like himself.

00:38As president, I will be grounded in my fundamental values of fairness, dignity, and opportunity.

00:48And I promise you I will be pragmatic in my approach.

00:54And part of being pragmatic means taking good ideas from wherever they come.

01:00Look, I'm a capitalist. I believe in free and fair markets.

01:09I believe in consistent and transparent rules of the road to create a stable business environment.

01:18And I know the power of American innovation.

01:22I've been working with entrepreneurs and business owners my whole career.

01:26And I believe companies need to play by the rules, respect the rights of workers and unions, and abide by fair competition.

01:40And if they don't, I will hold them accountable.

01:43And if anyone has a question about that, just look at my record as attorney general.

01:48I believe an active partnership between government and the private sector is one of the most effective ways to fully unlock economic opportunity.

02:01The third pillar of our opportunity economy is leading the world in the industries of the future

02:11and making sure America, not China, wins the competition for the 21st century.

02:19But the simple truth is in America it takes too long and it costs too much to build.

02:25Whether it's a new housing development, a new factory, or a new bridge, projects take too long to go from concept to reality.

02:35It happens in blue states. It happens in red states.

02:39And it's a national problem.

02:41And I will tell you this, China is not moving slowly. They're not.

02:48And we can't afford to either.

02:51If we are to compete, we can't afford to either.

02:56As president, if things are not moving quickly, I will demand to know why and I will act.

03:04I will work with Congress, workers and businesses, cities and states, community groups and local leaders to reform permitting,

03:13to cut red tape and get things moving faster.

03:19Because, look, as I said, patience may be a virtue, but not when it comes to job creation.

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