Donald Trump pledged to fix U.S. infrastructure as president. He vowed to take on China and bulk up American manufacturing. He said he would reduce the budget deficit. Yet after two years as president, it’s Joe Biden who is acting on those promises.
ahead of November midterm elections, while Republicans campaigned by hammering the president for troubling levels of inflation.Biden aides are quick to say that the president is fulfilling his own campaign promises, rather than honoring pledges made by Trump. But one of Biden’s first moves as president in 2021 was to provide $1,400 in direct payments to Americans as part of his coronavirus relief package.
to lower inflation, something that its own projections show will cause unemployment to rise in the next year.Three in four Americans describe the economy as poor, with nearly the same percentage saying the U.S. is on the wrong track, according to a“I know it’s been a rough few years for hardworking Americans and for small businesses as well,” Biden said in Tuesday remarks about inflation.
“The chips funding makes clear that there will be meaningfully more fab construction and chip output in the U.S.,” he said, “so for suppliers to the chip industry, they have more clarity that demand for their products will be larger than it otherwise would have been, incentivizing them to invest too.”
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