This is the first in a series on Joe Biden’s first 100 days in office

When Joe Biden was sworn into office on January 20, the US economy was struggling to emerge from a winter slump and his ability to enact a big fiscal response to the pandemic downturn was mired in doubt.

As he approaches his 100th day in office and this week’s joint address to Congress, the US president can say he has achieved his primary goal: a rapidly accelerating recovery on the heels of a swift vaccination rollout and passage of his $1.9tn stimulus bill.

Yet the next stages of Biden’s economic agenda are expected to be far more fraught than the first one, with more resistance on Capitol Hill, tensions with corporate America and Wall Street, and a complicated message to the public about the need for sweeping government intervention. 

“I’m not worried that they will lose their mettle. I am worried that the political path is really…

Read more…


Comments are closed.