Goldman Sachs cuts US economic forecast after Joe Manchin rejects Build Back Better
www.cnn.com
Senator Joe Manchin's opposition to the Build Back Better Act prompted Goldman Sachs to swiftly dim its US economic outlook.

Help me understand. Why aren't the bankers using their leverage to make Manchin do it?

Is there disagreement between different factions of the bourgeoisie? Maybe BBB is good for the financial but not the industrial idk

  • PlantsRstillCool [des/pair]
    ·
    3 years ago

    That's a good point. Any sort of gains from BBB would be wiped by a tax increase. If the bill won't be that great anyway, they might as well not risk it