2020 Elections: Kamala Harris set to damage Donald Trump's chances in five ways


  • Senator Kamala Harris may have an outsized impact for a Vice President nominee.
  • President Donald Trump's sensitivities may trigger responses that could backfire. 
  • California-based Harris could have an especially significant role in tipping Florida toward Democrats. 

The first rule of Vice Presidential picks is "do no harm" to one's own party – but Senator Kamala Harris has the potential to inflict outsized damage on the other side's candidate – President Donald Trump. 

A reelection campaign is first and foremost a referendum on the incumbent. The newly minted VP candidate has the ability to push White House occupant's buttons and also to appeal to swing voters. 

Here are five reasons how Harris can hurt Trump's reelection:

1) Mysogionistic Trump

The president's first response to Harris' pick was that she is "nasty" and tweeting that "The “suburban housewife” will be voting for me". 

Women with opinions and ambitions like the Senator from California – or his 2016 rival Hillary Clinton – receive a bad characterization while those who stay at home rather than pursue a career are described as good ones. 

Trump is trailing among females and will need their support to win. While Democrats have been having an advantage among women for many years, the president widened that gap with his demeaning approach toward females. Examples include bragging about sexually assaulting women in that infamous Access Hollywood tape, say about Fox News journalist Megyn Kelly "blood coming out of her wherever." and many more.

Having Harris by Biden's side may bring more women to vote against the president – or refrain from voting for him.

2) Racist Trump

Harris's appointment is historic – she is the first Black and Asian woman to be on a presidential ticket. Her nomination was also seen as a nod to African Americans, potentially helping increase turnout.

However, the Senator was not so successful among blacks in her short-lived primary race. The African-American community preferred Biden – due to serving under Barrack Obama, the first black president, thanks to his higher electoral chance or other reasons. 

Harris' skin color could increase black turnout via triggering racist comments from Trump. He already opened the door to suggest that the Senator is not eligible to run as her parents were born abroad – a theory which is wrong and resembles the "birtherism" movement that tried to delegitimize Obama. 

The president called Omarosa Manigault Newman "that dog" and "crazed, crying lowlife" after firing her from a post at the White House. Manigault Newman, a black woman, was a former contestant in Trump's show. 

Trump's racism is consistent, dating back to 1973 when he was sued alongside his father for discriminating against prospective Black tenants. Other examples include responding to a march of Nazis in Charlottesville and saying that were "good people" among them. He previously said that some Mexicans are good people as well, but that Mexico sends rapists. 

Any additional racist comments by Trump could help turn out more voters against him.

3) Appealing to moderates

Harris is considered a moderate – as her state's Attorney General and San Francisco's District Attorney, she was considered tough on crime, prompting criticism within the left. That will make accusations that she and Biden are "captives of radicals" harder to stick.

The Trump campaign already failed in attacking Biden's mental health – a Fox News poll from late July showed the public sees the Democratic nominee as more sound than the president

Moreover, the California Senator also adopted a calm approach to dealing with the growing strength of tech companies – a market-friendly approach that will make it easier for soft Republicans to back the ticket

4) Prosecutor

Harris brought her legal background to the Senate, using it to "prosecute" witnesses. Trump lamented the approach to now-Supreme Court Justice Brett Kavanagh. In her first speech alongside Biden, Harris laid down the case against Trump, focusing on his deadly mishandling of the coronavirus crisis

She will likely continue publishing well-articulated critic of the president's failings, garnering support and as mentioned earlier, triggering angry responses. 

Moreover, the Harris-Trump clashes will allow Biden to remain above the fray, seeming more presidential than his rival. The challenger already leads the incumbent on compassion in that same Fox News poll – unsurprisingly given Trump's self-centered approach to COVID-19. That would increase the gap. 

3) Tipping Florida?

The Sunshine State – which awards 29 electoral college votes – has had its share of close races in recent years. The most memorable one was that it voted for George W. Bush by 537 votes in 2000, awarding him the presidency despite losing the popular vote. 

Florida has voted for the winner in recent elections and may do so again, perhaps thanks to Harris. The "purple" or "toss-up" states consist of many people whose parents were born outside the US. They may identify with Harris and vote for her – or stay at home and refrain from voting for the Republican.

Many Cuban-Americans go with the GOP – an outlier among Hispanics – as it is seen as being tougher against the Cuban regime. It is no surprise that the White House announced the cancelation of flights to Havana days after Harris' nomination. 

Nevertheless, the mix of the California Senator's background and the deadly impact of COVID-19 on Florida may tip the state toward the winners again – Joe Biden and Kamala Harris.

Conclusion

While the race focuses on the incumbent, only later on the challenger and leaving a distant third for the rest, Senator Harris' nomination could result in own goals from Trump. Moreover, she has room to appeal to voters that may shift more people toward the Democrats. 

 

Biden has a significant lead:

Financial markets seem to accept moderates Biden and Harris in the White House but would shiver if Dems win the Senate – where the race is much closer than for the presidency. 

Harris' nomination has yet to move the dial for stocks, but that could happen if her interactions with Trump increase the chances that Democrats win a clean sweep – allowing leftist Senators Bernie Sanders and Elisabeth Warren to have their say in healthcare and banking respectively. 

More 2020 Elections: Trump is losing his economic edge, for three robust reasons

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD retreats below 1.0700 as USD rebounds

EUR/USD retreats below 1.0700 as USD rebounds

EUR/USD lost its traction and retreated slightly below 1.0700 in the American session, erasing its daily gains in the process. Following a bearish opening, the US Dollar holds its ground and limits the pair's upside ahead of the Fed policy meeting later this week.

EUR/USD News

USD/JPY recovers toward 157.00 following suspected intervention

USD/JPY recovers toward 157.00 following suspected intervention

USD/JPY recovers ground and trades above 156.50 after sliding to 154.50 on what seemed like a Japanese FX intervention. Later this week, the Federal Reserve's policy decisions and US employment data could trigger the next big action.

USD/JPY News

Gold holds steady above $2,330 to start the week

Gold holds steady above $2,330 to start the week

Gold fluctuates in a relatively tight channel above $2,330 on Monday. The benchmark 10-year US Treasury bond yield corrects lower and helps XAU/USD limit its losses ahead of this week's key Fed policy meeting.

Gold News

Week Ahead: Bitcoin could surprise investors this week Premium

Week Ahead: Bitcoin could surprise investors this week

Two main macroeconomic events this week could attempt to sway the crypto markets. Bitcoin (BTC), which showed strength last week, has slipped into a short-term consolidation. 

Read more

Five Fundamentals for the week: Fed fears, Nonfarm Payrolls, Middle East promise an explosive week Premium

Five Fundamentals for the week: Fed fears, Nonfarm Payrolls, Middle East promise an explosive week

Higher inflation is set to push Fed Chair Powell and his colleagues to a hawkish decision. Nonfarm Payrolls are set to rock markets, but the ISM Services PMI released immediately afterward could steal the show.

Read more

Majors

Cryptocurrencies

Signatures