Hillary for New York announced new analysis that showed New York could add more than 640,000 jobs under Hillary Clinton’s economic plans, while it could lose 209,000 jobs under a Donald Trump presidency. The statement came in a press release from the Clinton campaign over the summer.
The findings are based on two reports by Moody’s economist and former adviser to John McCain, Mark Zandi. Zandi’s analysis showed that under Clinton’s plans, the economy overall would create 10.4 million jobs nationwide while under Trump, the economy would lose 3.4 million jobs and the nation would plunge into a “lengthy recession.”
Clinton has pledged to make the largest investment in good-paying jobs since World War II in her first 100 days in office. This plan would grow jobs in New York by making the boldest investments in infrastructure since President Eisenhower built the interstate highway system, investing in New York’s manufacturing, and cutting taxes and reducing red tape for New York’s small businesses, among other provisions.
“Hillary Clinton has offered a plan that would help build an economy that works for everyone, not just those at the top – while Donald Trump’s temperament, his record, and his agenda suggest he would do just the opposite,” Hillary for America Senior Policy Advisor Jacob Leibenluft said. “When experts and leaders from across the political spectrum have warned a Trump presidency could risk a recession, the choice is clear. Americans deserve a president with an economic agenda that creates jobs and invests in our communities. Hillary Clinton is the only candidate that offers that.”
The estimated job gains and losses in New York under Clinton’s plans and Trump’s plans were calculated by distributing Zandi’s national projections evenly among the states in proportion to their populations.
