Moody’s analysis: Trump presidency would ‘significantly’ hurt economy

Moody’s analysis: Trump presidency would ‘significantly’ hurt economy

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(Politico) Donald Trump’s presidency would “significantly” weaken the country, driving the U.S. into a “lengthy recession” with nearly 3.5 million job losses and a 7 percent unemployment rate, according to a Moody’s analysis released Monday.

The bond rating company examined the presumptive Republican presidential nominee’s economic plans at face value, based on interviews, speeches and his campaign website. The authors of the report, however, warned that quantifying the real estate mogul’s economic polices “is complicated by their lack of specificity.”

Read more: http://www.politico.com/story/2016/06/trump-economy-moodys-analysis-224535#ixzz4C8RbVwM0
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