July 29, 2016

#NEVERTRUMP:

Moody's: Clinton economy would create 10 million jobs (Charles Riley, July 29, 2016, CNN)

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%. [...]

Moody's published a similar analysis of Donald Trump's plans in June. It concluded that the Republican presidential nominee's policies would result in an economic downturn that would last longer than the Great Recession. About 3.5 million Americans would lose their jobs, unemployment would jump to 7% and home prices would fall.

The reports are based on a forecasting model similar to those used by the Federal Reserve and Congressional Budget Office.

Posted by at July 29, 2016 7:49 AM

  

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