Economists slam Biden-Harris proposal to tax unrealized capital gains
The Biden administration’s proposal to tax unrealized investment gains, which the Harris campaign has voiced support for, is “insane” and “absurd,” the economist told Fox News Digital. The Biden-Harris administration’s Treasury Department released its revenue proposal for fiscal year 2025 in March. The list of tax proposals includes a plan to include unrealized investment gains […]
U.S. economists list top election issues: NABE
Former Council of Economic Advisers Chairman Kevin Hassett responds to Vice President Kamala Harris’ economic plan and price control proposal on “The Evening Edit.” According to 132 of the nation’s top economists, whichever president wins the White House in November needs to put three policy items at the top of their “to-do” list. “The majority […]
Goldman Sachs economists raise ‘limited’ risk of US recession to 25% chance: report
Art Hogan, chief market strategist at B. Riley Wealth Management, talks to “Making Money” about how investors can make money in volatile markets. The economists Goldman Sachs The report raised the chance that the U.S. economy will fall into recession within the next 12 months to 25% from 15%, but maintained that the risk of […]
Economists aren't finding easy answers for the new era of free trade
One area on which economists generally agree is international trade. They have been staunch supporters of free trade, dating back to Adam Smith and David Ricardo. Throughout the postwar period, their guiding principle has been that the benefits of trade outweigh the costs, but some leading economists are rethinking this premise in light of the […]
16 Nobel Prize-winning economists claim Trump will wreck our economy. This is the reason I don’t trust them
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Nobel Economists Bash Trump, Hail Biden in Pre-Debate Inflation Attack
Sixteen Nobel Prize-winning economists, all avowed liberals, have launched a partisan attack on Donald Trump on the eve of the first presidential debate. in The letter released WednesdayEconomists have argued that former President Donald Trump could stoke inflation if he wins the presidential election in November and implements his economic plans. President Joe Biden or […]
Axios omits crucial details about economists who say Trump will destroy the economy
First appeared on FOX: The letter, signed by 16 leading economists warning of the economic dangers of former President Trump’s election, has been circulated by the Biden campaign and its surrogates, and many of the signatories are past donors or political supporters of Biden. “While we each have different views on the details of economic […]
Top economists claim Trump will be an economic disaster—They said the same thing in 2016
A group of leading economists published a letter this week warning voters that former President Trump would bring economic disaster if he won the election — the same warning many of them issued in 2016. At least nine of the 16 Nobel Prize-winning economists who signed Tuesday’s letter issued similar warnings about the economic perils […]
Housing market won’t bounce back until 2026, economists predict — here’s why
A team of Wall Street economists has predicted that the US housing market won’t “break free” until at least 2026, and home affordability won’t improve unless there’s a recession. Bank of America economists cited “temporary changes” in demand during the pandemic as the reason for their less-than-optimistic outlook. “Housing activity has declined and stabilized after […]
16 Nobel Prize-winning economists warn Trump policies will reignite inflation
Sixteen Nobel Prize-winning economists signed a letter on Tuesday warning that the US and global economies would suffer if Republican presidential nominee Donald Trump wins this November’s presidential election. The co-signed letter reads: First reported by Axiossaid Democratic President Biden’s economic policies are “far superior” to those of former Republican President Donald Trump, who is […]