President Joe Biden says US economy does not expect a recession, a day before delivering a speech in Chicago on 'Bidenomics' — a catch-all term his aides use to describe his economic vision
Poll by ABC News/Washington Post found Trump leading by 18 percentage points on the question of who handled the economy better. / Photo: Reuters
On Tuesday, he said US economy is "strong now" and he does not expect a recession, a day before delivering an economic policy speech in Chicago.
Instead, Dalton said, Biden will focus on"the belief that we grow the economy when we grow the middle class."Biden's big claim is that huge government spending programmes enacted during his first term will stimulate long-term expansion, leading to rebuilding US manufacturing prowess and lifting the country's less wealthy.
Major bills passed by Congress plowed historic sums of money into green energy technology, semiconductors, and not less than $550 billion for revamping the country's roads, bridges and other infrastructure. She touted funding for the expansion of broadband internet to every corner of the United States as an echo of Franklin Roosevelt's epic electrification program to modernise the nation in the 1930s.Polls show him getting little credit for the low unemployment and generally upbeat economy.
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