Goldman Sachs sees biggest boost to US economy from Harris win

[Guno צְבִי]

(Reuters) - U.S. economic growth would likely get the biggest boost in the coming two years from the Democrats, headed by Kamala Harris, winning the White House and Congress in this November's elections, according to Goldman Sachs.

Under a Republican sweep, or even with a divided government led by Donald Trump, economic output would take a hit next year, mostly from increased tariffs on imports and tighter immigration policies, Goldman said in a note late on Tuesday.

Job growth under a Democrat government would also likely be stronger than under the Republicans, Goldman said.

Goldman Sachs sees biggest boost to US economy from Harris win

Under a Republican sweep, or even with a divided government led by Donald Trump, economic output would take a hit next year, mostly from increased tariffs on imports and tighter immigration policies, Goldman said in a note late on Tuesday. Job growth under a Democrat government would also...

news.yahoo.com

 

[ThatOwlWoman]

Historically the U.S. economy generally does better -- often far better -- under (D) policies than under (R).

 

[Cypress]

"I've been around a long time. And it just seems the economy does better under the Democrats than under Republicans." --> Donald Trump

Trump in 2004: 'The economy does better under the Democrats'

The latest Speed Read,/speed-reads,,speed-reads, breaking news, comment, reviews and features from the experts at The Week

theweek.com

 

[Guno צְבִי]

Goldman Sachs says a Trump presidency would hurt GDP​

Goldman Sachs (GS) has expressed a bearish outlook on a potential win by former President Donald Trump in November, suggesting his administration could negatively impact GDP. On the other hand, the bank holds a bullish stance on Vice President Kamala Harris, noting her economic proposals could lead to a boost in the US economy thanks to new spending and middle income tax credit initiatives.

Catalysts co-hosts Brad Smith and Madison Mills break down the details.

Goldman Sachs says a Trump presidency would hurt GDP

Goldman Sachs (GS) has expressed a bearish outlook on a potential win by former President Donald Trump in November, suggesting his administration could negatively impact GDP. On the other hand, the bank holds a bullish stance on Vice President Kamala Harris, noting her economic proposals could...

news.yahoo.com

 

[BartenderElite]

Historically the U.S. economy generally does better -- often far better -- under (D) policies than under (R).

That stat Clinton gave in his DNC speech about how out of 51 million jobs added since the cold war, 50M of them were under Dems was stunning.

 

[ThatOwlWoman]

That stat Clinton gave in his DNC speech about how out of 51 million jobs added since the cold war, 50M of them were under Dems was stunning.

The (D)s really, really need to work harder on their messaging.

 

[ExpressLane]

Kamala's tax on unrealized capital gains would destroy the economy according to several economists.

 

[BartenderElite]

Kamala's tax on unrealized capital gains would destroy the economy according to several economists.

Link?

 

[Walt]

If you care about the American economy, or just America in general, vote for Harris.