"Moodys has just come out with an analysis that says more jobs would be created by a Biden/ Dem Senate sweep than Trump being re-elected.I don't think they are generally regarded as "liberal" so I'm not sure they have a political ax to grind. They reason that Biden would infuse more funding into the economy in the first few months of his administration...
A Democratic sweep this election cycle would bring a faster recovery to the job market than a Republican one, according to a new analysis, adding millions of more jobs, shrinking the unemployment rate faster, and boosting the number of workers in the labor force higher.
Under a scenario where Democratic presidential nominee Joe Biden wins the presidency and both the Senate and the House of Representatives are controlled by Democrats, 18.6 million jobs would be added by 2024, according to the
analysis from Moody’s Analytics.
Under the opposite scenario where President Donald Trump wins a second term and Republicans control both chambers of Congress, 11.2 million jobs would be created.
“Biden would implement much more aggressive fiscal support to the economy early on in his administration,” Mark Zandi, Moody's Analytics chief economist who co-authored the report told Yahoo Money. “That provides a lot of juice to the economy early on in his term.”
The unemployment rate would recover much quicker under Democratic control, too, falling to 5.2% in 2022 compared with just 7.1% in a Republican-sweep scenario. The participation rate would also increase faster under the Democrats, reaching 63.6% in 2024, versus 62.1% in the Republican scenario.
The unemployment rate would recover much faster under Democratic control, falling to 5.2% in 2022 compared with just 7.1% in a Republican-sweep scenario.
The results change if opposite parties control Congress and the executive branch. If the Senate is controlled by Republicans and the House by Democrats, a presidential win by Biden would add 13.6 million jobs to the economy by 2024. If Trump wins, the Senate is under Republican control and the House under Democratic, the economy would create 11.8 million jobs.
In all the iterations, a Biden win would mean more jobs."
https://www.yahoo.com/money/democra...-republican-one-analysis-finds-205257231.html