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Non-Tech : Kirk's Market Thoughts
COHR 131.96-0.6%Oct 31 9:30 AM EDT
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To: Kirk © who wrote (10471)10/20/2020 3:12:11 AM
From: Winfastorlose2 Recommendations

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New Stanford Study Suggests Biden's Agenda Will Have 4 Devastating Economic Consequences

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The study concludes that Biden’s interventions would, among other things, distort labor incentives, decrease productivity, and kill jobs.

As a result, the experts project that the policy agenda would, by 2030, lead to 4.9 million fewer jobs and the economy shrinking by $2.6 trillion. So, too, the study projects that consumption would be $1.5 trillion lower in 2030 and families would see a $6,500 drop in median household income compared to a neutral scenario.
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