Recently, Mad Money host Jim Cramer said he would have no more objections to Vice President Kamala Harris if she were his favorite candidate in the November US presidential election. According to him, her policies would favor the huge corporations and multinational firms more than Joe Biden does.

A Vote For Kamala Harris 

While Biden has been quite aggressive in his approach to corporate regulation, Cramer sees Harris as more of a centrist and believes that may lead to a pro-business environment that could prove stability in markets during what he terms “Black November” economic commotion.

This would also reflect economic uncertainty, with direct implications of inflation, geopolitical tensions, and indices movement on the stock market affecting investor confidence. He said that an initiative headed by Harris’ party could relieve or eradicate all these apprehensions.

Her policies could form an excellent blend of economic growth and stability, particularly in a trying time for businesses to learn the markets across the globe. Harris would probably ensure competitive forces but not necessarily shake up large corporations through her regulatory regime promoting innovation without imposing stringent measures on it.

A Unique Approach To Regulating Technology

As Biden invokes a more interventionist policy style, we can see the opposite for Harris who utilizes a more technology-based policy focus. In general, Cramer believes that Kamala Harris’ approach would be less aggressive compared to the opposition; he believes that she can find the balance that would create competition without suffocating the major players in the tech industry.

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Author: Christian Encila

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