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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: commonone   😊 😞
Number: of 84358 
Subject: Moody’s Analytics Chief Economist
Date: 08/26/24 10:45 PM
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... Mark Zandi says that “Hands down, VP Harris is being much more fiscally disciplined than President Trump” and that whatever the policies, a Harris administration plans “to be fiscally disciplined. And that is a bit of a flip. Historically, being fiscally disciplined and focused on budget deficits has been a Republican rally cry.”

Harris is proposing to spend about $2 trillion and raise $5 trillion in tax revenues over a decade. Trump is calling for about $5 trillion in tax breaks and spending while raising less than $3 trillion in revenue through tariffs.

In short, Harris should have about $3 trillion in deficit reduction over the 10-year budget horizon and, as Zandi says, “I can’t recall a deficit reduction package that comes even close to that.”

Now, who to listen to on the economy, Moody’s Analytics Chief Economist or some guys on this message board?

Tough call.

nbcnews.com - Harris campaign slams trump agenda deficit bomb fiscal responsibility
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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