Thursday Oct 24, 2024
Dueling Economic Visions: Harris vs. Trump Ahead of 2024
As Election Day approaches, Vice President Kamala Harris and former President Donald Trump present starkly different economic plans. Harris advocates for targeted tax credits funded by increased corporate taxes, while Trump pushes for broad tax cuts and tariffs. This episode analyzes the implications of their proposals on inflation and budget deficits, providing voters with essential insights into the economic challenges ahead. Additionally, we explore Saudi Arabia's anticipated economic growth, the recovery of European industry, and Singapore's promising economic outlook over the next five years.
Sources:
https://www.kcci.com/article/presidential-candidates-push-economic-plans-ahead-of-election-day/62697383
https://oilprice.com/Latest-Energy-News/World-News/Saudi-Economy-Set-for-Strongest-Growth-in-Years-Amid-OPEC-Supply-Boost.html
https://www.oxfordeconomics.com/resource/european-industry-will-bottom-out-and-recover-eventually/
https://www.thailand-business-news.com/economics/170055-singapores-economic-outlook-over-the-next-five-years
Outline:
(00:00:00) Introduction
(00:00:43) Presidential candidates push economic plans ahead of Election Day
(00:03:18) Saudi Economy Set for Strongest Growth in Years Amid OPEC+ Supply Boost
(00:06:09) European industry will bottom out and recover…eventually
(00:08:17) Singapore's Economic Outlook Over the Next Five Years