Newsweek on Nostr: Business school shoots down Kamala Harris' claim she'll strengthen economy ========== ...
Business school shoots down Kamala Harris' claim she'll strengthen economy
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Kamala Harris claimed during a livestream event on September 19, 2024, that her economic policies would strengthen the U.S. economy, citing support from Goldman Sachs, Moody's, Wharton School of Business, and 16 Nobel laureates. However, the Penn Wharton Budget Model (PWBM) refuted her claim, stating they found no positive impact from her plan and indicated that Trump's plan would increase GDP in the short term but decline over ten years. Harris's proposals were projected to increase primary deficits by $1.2 trillion over ten years, with GDP falling by 1.3% by 2034. Goldman Sachs's CEO later stated that Harris exaggerated their findings, while Nobel laureates credited Biden's policies as superior to Trump's.
#KamalaHarris #Economy #PennWhartonBudgetModel #GoldmanSachs #NobelLaureates #2024Election #UsPolitics #EconomicPolicy #FactCheck #Trump
https://www.newsweek.com/business-school-shoots-down-kamala-harris-claim-strengthen-economy-1957078
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Kamala Harris claimed during a livestream event on September 19, 2024, that her economic policies would strengthen the U.S. economy, citing support from Goldman Sachs, Moody's, Wharton School of Business, and 16 Nobel laureates. However, the Penn Wharton Budget Model (PWBM) refuted her claim, stating they found no positive impact from her plan and indicated that Trump's plan would increase GDP in the short term but decline over ten years. Harris's proposals were projected to increase primary deficits by $1.2 trillion over ten years, with GDP falling by 1.3% by 2034. Goldman Sachs's CEO later stated that Harris exaggerated their findings, while Nobel laureates credited Biden's policies as superior to Trump's.
#KamalaHarris #Economy #PennWhartonBudgetModel #GoldmanSachs #NobelLaureates #2024Election #UsPolitics #EconomicPolicy #FactCheck #Trump
https://www.newsweek.com/business-school-shoots-down-kamala-harris-claim-strengthen-economy-1957078