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Biden would create stronger economic growth and more jobs, economists find

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The Finance 202: Biden would create stronger economic growth and more jobs, economists find

By Tory Newmyer
September 25, 2020 at 8:10 a.m. EDT
with Brent D. Griffiths

Biden would create stronger economic growth and more jobs, economists find

A Democratic sweep that puts Joe Biden in the White House and the party back in the Senate majority would produce 7.4 million more jobs and a faster economic recovery than if President Trump retains power.

That’s the conclusion Moody’s Analytics economists Mark Zandi and Bernard Yaros reach in a new analysis sizing up the two presidential candidates’ economic proposals.

And they are not alone in finding a Biden win translating into brisker growth: Economists at Goldman Sachs and Oxford Economics conclude that even a version of Biden’s program that would have to shrink to pass the Senate would mean a faster rally back to prepandemic conditions.

more:
http://www.washingtonpost.com/politics/2020/09/25/finance-202-biden-would-create-stronger-economic-growth-more-jobs-economists-find/?utm_campaign=wp_the_finance_202&utm_medium=email&utm_source=newsletter&wpisrc=nl_finance202




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