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Economy will recover faster under Biden


vmax

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According to Wall Street.............

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New York (CNN Business)President Donald Trump is once again warning voters that Democrats would "shut our economy and jobs down" if they win in November.

Goldman Sachs is telling its clients the exact opposite.

Goldman Sachs isn't the only Wall Street firm to point out the positive benefits of a blue wave.
Moody's Analytics found that Biden's economic proposals, if enacted, would create 7.4 million more jobs than would Trump's. The economy would return to full employment in the second half of 2022, nearly two years earlier than under Trump's plan, Moody's said.
"The economic outlook is strongest under the scenario in which Biden and the Democrats sweep Congress and fully adopt their economic agenda," wrote Moody's economists led by Mark Zandi, who advised Senator John McCain during the 2008 presidential race.............https://www.cnn.com/2020/10/06/business/economy-election-blue-wave-goldman-sachs/index.html

It's worth the read.

https://www.cnn.com/2020/10/06/business/economy-election-blue-wave-goldman-sachs/index.html

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Trump is done. Taylor Swift just came out and endorsed Biden. :laugh:

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The only polls that matter are polls of Americans and these don't matter. Voting matters.

 

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Edited by vmax
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On 10/7/2020 at 12:35 PM, papasmurfbell said:

Dont count it out yet.  Remember Herman Cain was getting better before he cratered.  It was like 8 days after diagnosis.  

No one knows when he actually had it.  The timeline is all over the place.  

 

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  • 2 weeks later...

They wouldn't come out saying this if they thought Biden was a liability. This is a huge statement....

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New York (CNN Business)More than 700 economists, including seven Nobel Prize winners, are urgently warning against the reelection of President Donald Trump, citing what they describe as a "sustained assault" on democracy, a fumbled response to the pandemic and the spread of "dangerous misinformation."

"In just one term in office, Donald Trump has rendered the United States unrecognizable, and has faced no consequences for doing so," the economists wrote in an open letter, which is being updated until the November 3 election.
The letter was signed by prominent economists from major institutions, including Nobel laureates Paul Milgrom (2020) and Oliver Hart (2016) and Alvin Roth (2012). George Akerlof, the Nobel winning husband of former Federal Reserve chief Janet Yellen, also signed the letter.

 

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