Moody's: Clinton economy would create 10 million jobs

[riversedge]

Moody's: Clinton economy would create 10 million jobs

http://money.cnn.com/2016/07/29/news/economy/hillary-clinton-economy-jobs-moodys/index.html


by Charles Riley @CRrileyCNN July 29, 2016: 8:02 AM ET
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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.
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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.


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. ..............

[Cracklin Charlie]

1. Kick for more exposure. nt

[SunSeeker]

2. K & R

[muriel_volestrangler]

3. Kick - and I'm sorry I didn't read Good Reads in time to rec this

This should be one of the central planks of the election - because, as we know, "It's The Economy, Stupid". Some people may be thinking of voting for Trump because they believe his claims about wanting jobs for Americans. But when an independent analysis says Hillary's plans create 3.2 million extra jobs, and Trump's destroys 3.5 million, that's the basis of the election, right there.

Not only is Trump a bigoted fool with no self-control, he's also a walking economic disaster area.

More analysis of the effects on the economy of the candidates' plans: https://psmag.com/a-new-analysis-suggests-hillary-clintons-economic-plan-will-boost-employment-and-gdp-8b48daf070de#.p8ah3ly4m