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Here's why Kamala Harris is wrong about Trump’s economic plans

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Summary
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78% Informative

Vice President Kamala Harris has cited several economic analyses saying her plan would "strengthen the economy" and former President Donald Trump ’s plan would “weaken it” Julian Zelizer : But that's not exactly what some of those reports said.

He says 16 Nobel laureates, Goldman Sachs , Moody's and the Wharton School of Business concluded that her plan was better for keeping inflation low.

Zelizer says Harris ' plan would reduce GDP more than Trump 's.

Goldman Sachs analysis found that the economy would continue to grow under both candidates.

Analysts reviewed “likely changes to trade, immigration, and fiscal policy’s by both candidates and estimated “the effects on inflation, labor force growth, GDP, and the deficit” Goldman Sachs CEO David Solomon suggested the difference in the economic impact between the two candidates isn’t significant.

Goldman Sachs analysts said that if Harris wins with divided government, the effects of policy changes would be small and neutral on net.

A Goldman Sachs report said that Harris ’ proposals would lead to average annual economic growth of 2.1% from 2024 to 2028 .

However, a Moody’s Analytics report published in early August said that even with a split Congress , the economy would still grow under Trump and a Republican -controlled Congress .

VR Score

83

Informative language

89

Neutral language

46

Article tone

formal

Language

English

Language complexity

56

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not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

23

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