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Moody's Analytics analysis: Trump presidency would 'significantly' hurt economy
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Candidate
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Contributor | RP |
Last Edited | RP Jun 20, 2016 05:15pm |
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Category | Analysis |
Author | Nolan D. McCaskill |
News Date | Monday, June 20, 2016 03:15:00 PM UTC0:0 |
Description | Donald Trump’s presidency would “significantly” weaken the country, driving the U.S. into a “lengthy recession” with nearly 3.5 million job losses and a 7 percent unemployment rate, according to a Moody’s Analytics analysis released Monday.
The analysis examined the presumptive Republican presidential nominee’s economic plans at face value, based on interviews, speeches and his campaign website. The authors of the report, however, warned that quantifying the real estate mogul’s economic polices “is complicated by their lack of specificity.” |
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