US President Joe Biden Wants to Avoid Obama Era's Biggest Economic Mistake, Congress May Not Let Him
Biden's $1.9 trillion American Rescue Plan shows that he's determined to avoid repeating the mistakes of the Great Recession if Congress lets him.
The federal government didn’t act aggressively enough in 2009 to fight the Great Recession. And the economic recovery was weaker as a result.
Joe Biden, as former President Obama’s vice president, learned that painful lesson firsthand. That’s why Biden is taking a go-big, or go-home approach now that he’s inheriting a fragile economy and the worst pandemic in a century.
Also read: Quarantine, Masks Mandatory: Biden Signs Raft of Covid Orders, Calls it ‘Wartime Undertaking’
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