Planning to vote this year? I certainly hope so.
In some elections, the candidates are so similar, it's difficult to distinguish between the two. In this one, however, the differences between Biden and Trump are both numerous and stark. And many of those differences arise from economic policy.
If you're someone who votes their pocketbook, you're probably wondering things like who's more likely to increase the value of my 401(k), and will it be Trump or Biden who's best positioned to raise the value of my home?
According to an analysis by Wharton, Trump's alma mater, Biden is best to lead the economy. From CBS News:
Joe Biden's economic proposals would create a faster growing economy, higher wages for American workers and reduce the debt compared to where the U.S. is headed under President Donald Trump, according to new analysis from the University of Pennsylvania's Wharton School.
In this week's "Money" podcast, and in additional ones in the weeks to come, we're going to do our best to predict the pocketbook results of Trump and Biden victories. In future podcasts, we'll explore Social Security, healthcare and income taxes. Today we're focusing on the stock and real estate markets. I'll be speculating with Andrew Sather of the Investing for Beginners Podcast, as well as my co-host, financial journalist Miranda Marquit.
Sit back, relax and listen to this week's "Money" podcast!
President Donald Trump audio clip:
ABC's The President and the People from September 15, 2020
Former Vice President Joe Biden audio clip:
Visiting Dunmore, PA on July 9th 2020
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