Kamala Harris Claims Goldman Sachs Backs Her Economic Plan Over Trump’s

Kamala Harris claims Goldman Sachs supports her economic plan over Trump’s, citing their report at a rally in North Carolina. Goldman’s CEO clarifies, saying the difference in GDP growth between the two plans is minimal.

Kamala Harris Claims Goldman Sachs Backs Her Economic Plan Over Trump's
by Shukriya Shahi - September 14, 2024, 1:57 am

Kamala Harris, during a rally in North Carolina, claimed that Goldman Sachs supports her economic plan over former President Donald Trump’s. Speaking in both Charlotte and Greensboro, the Vice President argued that her plan would grow the economy, while Trump’s could lead to inflation and a potential recession.

Harris’ Remarks on Economic Plans

At the rally, Harris said, “Goldman Sachs has stated that my plan would grow the economy, while Donald Trump’s plan would shrink it… His plan could reignite inflation and send us into a recession by the middle of next year.”

She emphasized the significance of choosing the right economic strategy, especially with the challenges America faces. Harris further advocated for another presidential debate, citing the high stakes of the election.

Goldman’s CEO Downplays the Report

However, Goldman Sachs CEO **David Solomon** downplayed Harris’ claims. Appearing on CNBC, Solomon clarified that the report was from an independent analyst, not Goldman Sachs itself. He explained that the differences between the two plans in terms of GDP growth were minimal, around “two-tenths of 1%.”

Solomon said, “A lot more has been made of this report than should be… We don’t even know if these policies will be implemented, and the growth impact is very slight.”

Harris Calls for Further Debates

Harris also mentioned the need for another presidential debate, emphasizing, “I believe we owe it to voters to have more debates, considering what is at stake in this election.”