(DC Pundit) – During an interview on CNBC’s ‘Halftime Report,’ Goldman Sachs CEO David Solomon took aim at Vice President Kamala Harris for misrepresenting data from a report she referenced in a recent presidential debate. According to Solomon, the debate failed to properly address the report, in part due to biased moderation.
Following the debate, Victor Davis Hanson, a senior fellow at the Hoover Institution, criticized Goldman Sachs and other financial elites for advancing what he believes to be harmful policies. These, Hanson argued, could have devastating effects on middle-class Americans. His remarks came after a Goldman Sachs report suggested that while Kamala Harris’ policies might result in a “very slight boost” to the economy, former President Donald Trump’s plans could slow growth due to tariffs and stricter immigration policies.
“Why would we listen to someone who makes so much money that will be immune from whatever disastrous policies that will destroy the rest of us? And then they can afford the luxury for social or cultural reasons of supporting a neo-socialist, and that’s what we’re talking about. We really are,” Hanson said, according to The Daily Signal. “Reminds me of the aristocrats during the Bolshevik Warsaw revolution, who all thought that Lenin was kind of cute and neat. But that they had so much land and so much money that he would never go after them, and even if he did, it wouldn’t hurt them.”
During the CNBC segment, Solomon addressed the report that Harris had cited, clarifying that it was not produced by Goldman Sachs but by an independent analyst. When host Scott Wapner asked him to comment on Harris’ claims, which suggested that a Goldman Sachs report showed her economic plan would outperform Trump’s, Solomon set the record straight.
“That report, which was mentioned last night in the debate, came from an independent analyst,” Solomon said. “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. The reason I say a bigger deal has been made of it is because what it showed is the difference between the sets of policies that they put forward was about two-tenths of 1%.”
Solomon further criticized Harris for exaggerating the findings, inflating the significance of the report to serve her political agenda.
“This was blown up into something far bigger than what it was intended to show,” Solomon emphasized, warning that such distortions could mislead the public on economic policy.
🚨 Goldman Sachs CEO David M. Solomon scorches Kamala Harris for turning a report from an independent analyst into "something that's bigger than what it was intended to be."
"A lot more has been made of this than should be." pic.twitter.com/JUaeE6W6st
— Trump War Room (@TrumpWarRoom) September 12, 2024
Copyright 2024. DCPundit.com | Featured image credit: The White House
