Thursday, June 23, 2016

NEW ANALYSIS: U.S. Economy Would Be ‘Diminished’ Under Trump’s Economic Plan

Report marks the first attempt at quantifying economic benefits and costs across Trump's proposals
A new analysis concludes Donald Trump’s economic proposals, taken at face value, could produce a prolonged recession and heavy job losses that would fall hardest on low- and middle-income workers.
CLICK HERE to Read the Report
The Moody’s Analytics report, which a person close to the Trump campaign strongly disputed, is the first that attempts to quantify the cumulative economic benefits and costs of Mr. Trump’s proposals on taxes, trade, immigration and spending. It determines that full adoption of those policies would sharply reduce economic output during his first term and reduce employment by 3.5 million jobs.
Under almost any scenario, the report says, “the U.S. economy will be more isolated and diminished.”
Read the rest of the story HERE.

If you like what you see, please "Like" us on Facebook either here or here. Please follow us on Twitter here.

No comments: