Moody's: Clinton economy would create 10 million jobs
by Charles Riley
July 29, 2016: 8:02 AM ET
Hillary Clinton's plans for the economy would boost growth and create millions of jobs, according to a new analysis.
Moody's Analytics estimates that if the Democratic presidential nominee's proposals are enacted, the economy would create 10.4 million jobs during her presidency, or 3.2 million more than expected under current law.
The pace of GDP growth would also accelerate to an annual average of 2.7%, from the current forecast of 2.3%.
"The upshot of our analysis is that Secretary Clinton's economic policies when taken together will result in a stronger U.S. economy under almost any scenario," Moody's writes in its report.
Moody's Analytics is an independent research group, but the lead author of the report on Clinton is Mark Zandi, who donated $2,700 to her campaign last year, according to data from the Center for Responsive Politics.
Zandi was a vocal supporter of the stimulus package President Obama deployed during the financial crisis of 2009, but he has also served as an economic adviser to former Republican presidential candidate John McCain.
more:
http://money.cnn.com/2016/07/29/news/economy/hillary-clinton-economy-jobs-moodys/index.html
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