Oh, Kamala. One independent analyst does not equal Goldman Sachs.
The CEO of Goldman Sachs weighed in on Vice President Kamala Harris' comments during Tuesday night's presidential debate in which she touted the investment bank's analysis of the benefits of her economic plan, saying the Democratic nominee made the report seem like a bigger deal than reality shows.
"I am offering what I describe as an opportunity economy, and the best economists in our country, if not the world, have reviewed our relative plans for the future of America," Harris said during the debate. "What Goldman Sachs has said is that Donald Trump's plan would make the economy worse, mine would strengthen the economy."
Goldman Sachs CEO David Solomon said in a Wednesday appearance on CNBC with host Scott Wapner, "So, that report, which was mentioned last night in the debate, came from an independent analyst, and it's interesting, Scott, I think a lot more has been made of this than should be."
"What the report did is it looked at a handful of policy issues that have been put out by both sides, and it tried to model their impact on GDP growth," Solomon explained. "The reason I say a bigger deal has been made of it is what it showed is the difference between the sets of policies that they've put forward is about two-tenths of 1%."
