Analysis: Biden victory, Democratic sweep would bring biggest boost to economy

[CousinIT]

https://thehill.com/policy/finance/518094-biden-victory-democratic-sweep-would-bring-biggest-boost-to-economy-analysis

A victory for Democratic presidential nominee Joe Biden, a Democratic takeover of the Senate and defense of the party's House majority in the November elections would be the best outcome for the U.S. economy, according to an analysis released Wednesday by Moody’s Analytics.

In an analysis of potential Election Day outcomes based on the economic proposals of President Trump and Biden, Moody’s found that a Democratic sweep would bring the quickest return to full employment, highest number of jobs added and best rebound in economic growth.

“The economic outlook is strongest under the scenario in which Biden and the Democrats sweep Congress and fully adopt their economic agenda,” wrote Moody’s Analytics chief economist Mark Zandi, who provided economic analysis for the late Sen. John McCain’s (R-Ariz.) 2008 presidential campaign, and economist Bernard Yaros.

. . .

Zandi and Yaros argued that a total Democratic sweep would bring the biggest boost to the economy because of Biden’s plans to spend trillions on infrastructure, education and the social safety net while boosting trade and immigration. They also argued that the higher taxes proposed to fund part of these plans would not slow the economy in a meaningful way

RELATED: https://www.democraticunderground.com/100214131484

[SWBTATTReg]

1. Yes, because Businesses will realize that sanity will return back to the business world,

and those crooks and scumbags that have been scamming the markets and such (those shady characters w/ bad or horrible business practices who have been scamming the system) will finally be cast aside, prosecuted, etc. and true economic measures will be put in place by Biden and team, not fake stimulus packages, etc.

[Hoyt]

2. I've been telling GOPers who boast about market run up, that it's because Market knows Biden

is going to win and Senate will be turn blue as well. That really ticks them off.