Goldman: Election economic predictions

Worried about the economy and which Party is better for it? Face the facts from Sachs.

Bloomberg reports that "Goldman Sachs Group Inc. economists gamed out the potential economic implications of a Republican or Democratic victory in the November elections, cautioning that US GDP faces a hit in the case of a win for Donald Trump [...] or with divided government." That is due to the proposed tariffs and a tighter immigration policy."

"Should Vice President Kamala Harris win and Democrats secure control of both chambers of Congress [...] that would result in 'a very slight boost to GDP growth on average over 2025-2026.'" This is due to new spending and middle-class tax cuts.