Biden says Trump will make inflation worse. It's unclear if he can convince voters. [Yahoo! Finance Canada]
Evercore Inc. Class A (EVR)
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Source: Yahoo! Finance Canada
The possibility of "Trumpflation" has been a growing topic for months now largely in academic and political circles. And it's a message that Biden aides say the President will likely try to inject into the conversation when the two men meet tonight in Atlanta. The case is that Trump's proposals — most notably his tariffs plans but also his push for tax cuts as well as a return to harsh immigration policies — could lead to higher inflation and undermine the US economy. ADVERTISEMENT Support for that argument came this week in the form of a letter from 16 Nobel prize-winning economists who warned that Trump's policies could slow the US and world economy and "reignite" inflation if enacted. The Biden campaign seized on the news, with campaign spokesperson James Singer quickly offering in a statement that "in Donald Trump's America, the rich pay less, and working Americans pay more." Republican presidential candidate former President Donald Trump and and President Joe Biden. (A
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EVR
Earnings
- 4/24/24 - Miss
EVR
Sec Filings
- 6/21/24 - Form S-8
- 6/21/24 - Form 8-K
- 6/20/24 - Form 4
- EVR's page on the SEC website