As the 2020 presidential election nears, different organizations are analyzing the proposed initiatives of each candidate. One of those groups looking at the economic plans of both President Donald Trump and former Vice President Joe Biden is Pennsylvania's Wharton School of Business, the President's business school alma mater.
Wharton concluded Biden's economic proposals would create a faster growing economy, higher wages for workers and reduce the national debt when compared to under President Donald Trump. The prestigious business school also found that Biden's proposed environmental and social programs often criticized by the GOP would largely pay for themselves.
Richard Prisinzano, director of policy analysis at the nonpartison Penn Wharton Budget Model, said:
"If you got the U.S. on this path, you would lower the debt and raise GDP."
"It is productive spending that Mr. Biden is proposing."
While their analysis is sound, many people are focusing more on the fact Trump graduated from Wharton.
That fact has long been a bragging point for Trump.
As of Tuesday, September 15, the 2020 presidential election is 48 days away.
Recent polls find Biden leading Trump. Whether Wharton's analysis hurts Trump's numbers further remains to be seen.