Speaking to Fox Business on Tuesday, Paulson—a major Trump backer since 2016—said, “If Harris was elected, I would pull my money from the market. I’d go into cash and I’d go into gold, because I think the uncertainty regarding the plans they outlined would create a lot of uncertainty in the markets and likely lower markets.” He also stated: “I’d be very concerned if Harris is elected and pursues the tax plans and other economic plans that she articulated.
” It’s a big-if-true claim! But what are the thoughts of people who aren’t Trump mega-donors when it comes to the economy under Harris versus under the ex-president? For one thing, Goldman Sachs said earlier this month that a Harris win would provide a bigger economic boost than a Trump reelection would. For another, economists have said Trump’s tariff plan would cost Americans thousands of dollars a year, a hit that would be most acutely felt by the middle class.