During Tuesday night’s presidential debate, Kamala Harris suggested her economic plan would be great for the U.S. economy while former President Donald Trump’s plan would weaken the economy.
“What Goldman Sachs has said is that Donald Trump’s plan would make the economy worse, mine would strengthen the economy,” Harris said during the debate.
Goldman Sachs, a company ran by a leftist, is now making in-kind contributions to the Kamala Harris campaign by creating lies about her “plans.”
They’re plans that don’t even exist. Kamala has no plan. pic.twitter.com/fezP5WIkZu
— The Bull Moose Project (@BullMooseProj) September 11, 2024
Harris based her claim on a recently released Goldman Sachs report. But Goldman Sachs CEO David Solomon says that Harris may have overstated the impact of her plan.
“So, that report, which was mentioned last night in the debate, came from an independent analyst, and it’s interesting, Scott [Wapner, reporter], I think a lot more has been made of this than should be,” Solomon told CNBC.
“What the report did is it looked at a handful of policy issues that have been put out by both sides, and it tried to model their impact on GDP growth. The reason I say a bigger deal has been made of it is what it showed is the difference between the sets of policies that they’ve put forward is about two-tenths of 1%.”
“So, the economy grows, if you took these particular sets of policies they looked at – and by the way, we have no idea whether these policies, these things that are talked about, will ultimately be implemented – and what was the growth impact? And the differential was two-tenths of 1%,” Solomon said.
“I think our clients are trying to look at what’s going on from a policy perspective and make judgments. I think this blew up into something that’s bigger than what it was intended to be.”
Watch the clip below:
Goldman Sachs CEO David Solomon discusses Kamala Harris' economic plan at the Goldman Sachs Communacopia & Technology Conference. https://t.co/Wja6a0G2Iu pic.twitter.com/uJyAX8DT8m
— CNBC (@CNBC) September 11, 2024
The Media Research Center released a collection of charts this week showing the impact of the Biden-Harris economy after 43 months in the White House.
“Liberal media are declaring the Biden-Harris Administration’s economic policies a success – but, after three and a half years, hard numbers tell a much different story, regardless of whether the measure is how much Americans are paying, earning or saving,” MRC says.
Check our the charts below:
What does the Biden-Harris economy look like after 43 months? These are charts the leftist media doesn't want you to see.https://t.co/nRagz4yQwG
— MRC NewsBusters (@newsbusters) September 12, 2024