The Macroeconomics of the Outcome of the Election

Presidential candidates promise economic prosperity. Yet views on how to achieve economic prosperity can diverge significantly — as they do between the policies of President Biden, which are likely to be largely adopted by the new Democratic nominee, and those of Presidential Candidate Trump. Will their proposed policies on taxes, immigration, tariffs, and subsidies foster economic growth, low inflation, a vibrant labor market, and a healthy macroeconomy? Mark Zandi, Chief Economist at Moody’s Analytics joins EconoFact Chats to discuss the macroeconomics of the outcome of the Presidential and Congressional elections based on a new analysis co-authored with Brendan La Cerda and Justin Begley. Note: This podcast was recorded on 19th July, 2024.