Biden's economic policy in plain English [View all]

[Joinfortmill]

https://heathercoxrichardson.substack.com/p/january-27-2022

Heather Cox Richardson: Letters from an American:

...the U.S. economy grew by an astonishing 6.9 percent annual rate from October to December 2021. ...Despite the ongoing pandemic, this is the fastest full-year growth since 1984. ....At the same time, the U.S. added 6 million jobs in 2021, pegging the unemployment rate below 4%.

Secretary Janet Yellen explained to the World Economic Forum that the Biden administration rejected Republican supply-side economics, ushered in during the Reagan administration. ...we aren’t just focused on achieving a high topline growth number that is unsustainable—we are instead aiming for growth that is inclusive and green.”