DeSantis Attempts To Revive Floundering Campaign, Targets China And Fed With Economic Plan

Florida Governor and GOP presidential candidate Ron DeSantis unveiled a 10-point plan that he claims will reshape the American economy.

What Happened: DeSantis’ strategy focuses on wresting economic control from China by ending its preferential trade status, banning imports of goods made from stolen intellectual property, and preventing companies from sharing critical technologies with China, Fortune reports.”

The so-called “Declaration of Economic Independence” comes as DeSantis attempts to regain momentum and connect with Republican voters after a series of missteps torpedoed his popularity.

Also Read: Trump’s Advice To DeSantis As He Falls In Polls: He Has To Get Out For The Good Of Party

Why It Matters: DeSantis’s plan also addresses federal spending and reforms to education, even though the candidate’s record on both in his home state has been scrutinized. Florida is the state with the highest inflation rate, wages that lag the national average and educational standards that have been blasted by both Republicans and Democrats.

Yet, DeSantis fancies himself a “new sheriff in town” who will veto wasteful spending and mandate work requirements for welfare programs.

"The Chinese Communist Party continues to eat this country's lunch every single day," DeSantis declared, addressing an audience at a logistics warehouse. The Wall Street Journal also highlighted DeSantis’s growing criticism of the Federal Reserve and its head, Jerome Powell.

The GOP candidate contends that the surge in interest rates has negatively affected the average American.

According to DeSantis’s proposal, he intends to nominate a Fed chairman who will prioritize maintaining a stable dollar. The Fed must focus on stable prices; it is not a social engineer and cannot be allowed to be an unaccountable economic central planner," the plan states.

Despite the ambitious plan, DeSantis’s campaign continues to face challenges, including staff cuts and dwindling poll numbers, making his path to the Republican presidential nomination more difficult.

Now Read: Ron DeSantis Is Asleep At The Switch, Political Strategist Says

This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo: Shutterstock