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Nicolas Baverez: "Plan Biden, when the recovery kills the recovery"

2021-02-21T18:16:15.916Z


CHRONICLE - The excessiveness of the Biden plan would create serious risks for the US economy. The acquittal of Donald Trump at the end of his second impeachment trial marks the real start of Joe Biden's presidency. After overturning the most controversial decisions of his predecessor, he must implement his program to reconcile America with itself and with the world. His heart is shaped by the giant $ 1.9 trillion stimulus package, the success or failure of which will determine the fate of


The acquittal of Donald Trump at the end of his second impeachment trial marks the real start of Joe Biden's presidency.

After overturning the most controversial decisions of his predecessor, he must implement his program to reconcile America with itself and with the world.

His heart is shaped by the giant $ 1.9 trillion stimulus package, the success or failure of which will determine the fate of his administration.

In addition to the $ 900 billion mobilized by Donald Trump last December, the Biden plan brings budget support for activity in the United States to 14% of GDP in 2021, an unprecedented level in times of peace.

It has three major blocks of measures devoted to fighting the epidemic and health, funding states and municipalities, and last but not least households in the form of a check for $ 1,400 for every American and an hourly minimum wage raised to 15 dollars.

Read also:

With Joe Biden, America wants to regain its place in the world

The objective is twofold.

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Source: lefigaro

All news articles on 2021-02-21

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