Post
Topic
Board Economics
Re: Will President Joe Biden be good for business?
by
Coyster
on 22/01/2021, 09:11:23 UTC
Our hopes are high up again with expectations from the new government, will campaign promises be fulfilled? Or are we about to get something again that we didn't bargain for?
It somewhat depends on what your expectations for the new government is, but in my hearts of hearts, I know Biden would do better than Trump, definitely not all promises will be fulfilled, it's easier to make promises when you're not under pressure, but when you've got the 'job', reality now tells you how difficult it is to accomplish some of the things you said you'll do, the United States can't be any worse than it already is now, so it's up to Joe.
With the inauguration of Joseph Robinette Biden Jr. as the 46th president of the United States, what is to be expected in the economic world?
It's always much easier for a new president, if his predecessor left a booming economy before leaving office; but it is what it is, and we all know the state of the economy atm, as a result of a year plus pandemic, it's definitely not going to be a walk in the beach for Joe to fix the economy, there have been a lot of money printing, and there will still be a few more, the aftermath of all this is Inflation, and it could hit the U.S. few years into his tenure.