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Goldman Sachs CEO says report that Harris is better for economy was blown out of proportion
Posted
September 14, 2024
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0:31Now PlayingKamala Harris stretched the truth about the benefits of her economic policies during her testy debate against Donald Trump, according to one of the titans of Wall Street.
Goldman Sachs CEO David Solomon called out the Democratic presidential nominee for a claim she made during Tuesday’s showdown in which she touted the investment bank’s analysis of her plan — saying the Vice President blew the report out of proportion.
Solomon pointed put that the report “came from an independent analyst” and that Harris left out key details – including that the difference on the economy between the rival plans was “about two-tenths of 1%.”
“I think this blew up into something that’s bigger than what it was intended to be,” Solomon told CNBC on Wednesday.
“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,” Solomon explained. “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%.”
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#kamlaharris #goldmansachs #economy #davidsolomon
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