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Goldman Sachs Shatters Myth That Republicans Are Better for the Economy
THE NEW ABNORMAL

�It�s clear that every time that a Republican is president ... this
country goes into debt,� Danielle Moodie, co-host of The New Abnormal,
says on this week�s episode.
The Daily Beast
Updated Sep. 06, 2024 3:14AM EDT / Published Sep. 06, 2024 12:44AM EDT
opinion
A photo illustration of a red elephant in a suit, burning money, and
crashing stocks.
Photo Illustration by Thomas Levinson/The Daily Beast/Getty

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This week, banking giant Goldman Sachs issued a report that suggested the
U.S. economy may take a hit if former President Donald Trump retakes the
White House and implements the policies he�s been loudly advocating for
on the campaign trail.

The news was welcomed by Andy Levy and Danielle Moodie, co-hosts of The
New Abnormal, who both agreed that it was nice to see an institution like
Goldman Sachs recognizing the empirical reality that they have long
recognized.

�You can look at data, you can look at graphs, if you don�t even want to
read�it�s clear that every time that a Republican is president of the
United States, this country goes into debt and it is always a Democrat
that has a shovel that is digging us out,� Moodie said. �It is not the
other way around.�

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Podcasts, Stitcher, Amazon Music, or Overcast.

Then, a conversation with The Washington Post media reporter�and former
Daily Beast reporter�Will Sommer, who joins the program to discuss the
indictment of two employees of Russian state-backed media company Russia
Today (RT)�part of an investigation that exposed a number of American
right-wing internet personalities for allegedly taking money from an
organization funded by Russian interests.

�I love seeing how these things work from the inside,� Sommer said. �I�d
like to thank the federal government for inexplicably deciding to write a
32-page indictment� You can definitely tell the prosecutors were having
fun with it.�

https://www.thedailybeast.com/goldman-sachs-shatters-myth-that-
republicans-are-better-for-the-economy?ref=wrap