Goldman Sachs CEO: ‘A Lot More Made’ Out of Report Than Should Be

Goldman Sachs CEO David Solomon says the report cited Tuesday night by Vice President Kamala Harris during the presidential debate was conducted by an “independent analyst” and that a “lot more has been made of this than should be.”

“So, that report that was mentioned last night came from an independent analyst,” Solomon said during a discussion with CNBC at the Goldman Sachs Communacopia & Technology Conference. “It’s interesting. 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’s been made of it is what it showed is the difference between the sets of policies that they put forward was about two-tenths of 1%. So, economy grows, if you took these particular sets of policies they looked at. And by the way, we have no idea whether these policies, these things that are talked about will ultimately be implemented.”

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