Economy

us economy: Did Kamala Harris misrepresent a Goldman Sachs report on the US economy? Here’s what the firm’s CEO has to say


Kamala Harris is currently on a roll in terms of the US elections 2024, where she is leading Trump across the country, if the latest poll data are to be believed.. However, she should not let her confidence and surge get the better of her in her upcoming campaigns, as reports suggest that she has ended up misrepresenting a Goldman Sachs report on the US economy.

Harris goofs up Goldman Sachs report?

Goldman Sachs CEO has aggressively challenged Kamala Harris’ economic vision after she presented her thoughts on the US economy by citing the bank’s analysis during the second Presidential Debate. The second US Presidential debate was one of the most watched event this month, and it deserved all the hype, looking at the way Harris avenged the humiliation Joe Biden, her predecessor in the polls, had to face against Donald Trump, their Republican adversary in the US elections.

However, even though Harris and her campaign team kept claiming that Trump uses misrepresented facts and figures during his debates and speeches, the Democrat candidate herself ended up doing the same, according to a Benzinga report.

Also Read : Will Hurricane Milton be the October surprise in U.S elections? It could test Harris

Goldman Sachs calls out Harris on her economic stance

Her data attribution and misrepresentation was noticed and criticized by Goldman Sachs CEO David Solomon, who set the record straight, by claiming that the bank’s analysis didn’t paint a stark picture between the two candidates’ plans. He further mentioned that the economic analysis came from an independent analyst and not from the organization itself, and therefore, the company is not explicitly taking liability of the same. It is also interesting to note that this report was not exactly in Harris’ favor, and instead, gave her a little benefit in terms of here economic proposals, which could be a major reason why she cited it in the first place.

Also Read : Terminator Zero Season 2: Everything we know about renewal so far

FAQs:

Is Kamala Harris visionary about the US economy?
Kamala Harris has been very vocal in recent times about the future of the US economy, and has laid forward her outlook and vision for the same in her various speeches.

Is the United States heading for an economic disaster?
An economic disaster in the United States could easily be on the cards, based on the rising inflation and recession fears around the US economy.

Disclaimer Statement: This content is authored by a 3rd party. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated, and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Financial World News @2024. All Rights Reserved.