With the 2020Election less than three months away, Reuters looks at the various measures President Trump and his opponent Joe Biden have planned to revive the U.S. economy
- The coronavirus pandemic threw tens of millions of Americans out of work, ended the longest U.S. economic recovery on record and undermined a key argument for President Donald Trump’s re-election.
As part of his broader economic plan, Biden is expected to propose new policies as soon as this week to increase jobs in childcare, elder care and education.Since the COVID-19 outbreak, Trump has signed legislation to flush the economy with trillions of dollars in onetime aid to businesses, individuals and local governments.Biden has cautioned against reopening the economy without first ramping up coronavirus testing. The former vice president, who oversaw U.S.
“We have to build a much more inclusive, much more equitable middle class and an economy that everybody - everybody - gets a fair shot at,” Biden said in April.TRADE “If one thing comes out of this, more than anything else, is that we should make product in the United States,” Trump said in April. Biden has criticized Trump’s tariff war with China as bad for U.S. consumers and farmers. In 2018, he called for “retaliation” on countries like China which he has said subsidize industries and allow intellectual property theft.
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