Newsweek on Nostr: Fact Check: Harris claims top bankers prefer her economic policy to Trump's ...
Fact Check: Harris claims top bankers prefer her economic policy to Trump's
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Kamala Harris claimed during an interview with Oprah Winfrey on September 19, 2024, that her economic policy is favored by top financial institutions, citing Goldman Sachs, Moody's, and 16 Nobel laureates. She argued that her plans would strengthen the economy, while Trump's would weaken it. A Goldman Sachs report suggested a Harris victory could boost the economy, contrasting with Trump's proposed tariffs and immigration policies, which could negatively impact GDP growth by -0.5% in 2025. The laureates warned of the risks of a second Trump presidency, predicting increased inflation. The Penn Wharton Budget Model indicated that Harris's proposals would lead to a smaller increase in primary deficits compared to Trump's, but both candidates' policies would ultimately result in GDP declines over time. Goldman Sachs CEO David Solomon later stated that Harris exaggerated the report's findings, which showed only a minor difference in economic impact between their policies.
#KamalaHarris #DonaldTrump #GoldmanSachs #Economy #OprahWinfrey #NobelLaureates #2024Election #FactCheck #UsPolitics #EconomicPolicy
https://www.newsweek.com/fact-check-kamala-harris-oprah-winfrey-election-economic-policy-trump-1956782
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Kamala Harris claimed during an interview with Oprah Winfrey on September 19, 2024, that her economic policy is favored by top financial institutions, citing Goldman Sachs, Moody's, and 16 Nobel laureates. She argued that her plans would strengthen the economy, while Trump's would weaken it. A Goldman Sachs report suggested a Harris victory could boost the economy, contrasting with Trump's proposed tariffs and immigration policies, which could negatively impact GDP growth by -0.5% in 2025. The laureates warned of the risks of a second Trump presidency, predicting increased inflation. The Penn Wharton Budget Model indicated that Harris's proposals would lead to a smaller increase in primary deficits compared to Trump's, but both candidates' policies would ultimately result in GDP declines over time. Goldman Sachs CEO David Solomon later stated that Harris exaggerated the report's findings, which showed only a minor difference in economic impact between their policies.
#KamalaHarris #DonaldTrump #GoldmanSachs #Economy #OprahWinfrey #NobelLaureates #2024Election #FactCheck #UsPolitics #EconomicPolicy
https://www.newsweek.com/fact-check-kamala-harris-oprah-winfrey-election-economic-policy-trump-1956782