What Gridlock Means For The US Economy: Goldman Sachs Explains

For once the pollsters were – generally – right, and while there was no blue wave, Democrats did win the House majority as most predicted, as Republicans not only kept the Senate majority but gained a few additional seats. The outcome, which had been extensively analyzed in advance, can be summarized in one word: gridlock.

Here, as explained by Goldman’s political economist Alec Phillips, is what the US divided congress, i.e., gridlock, means for the US economy, and for US policies for the next several years….

>>> continue reading: What Gridlock Means For The US Economy: Goldman Sachs Explains

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