US President Joe Biden has proposed an unprecedented $ 2 trillion in rescue efforts. Will massive financial injections protect the United States from the ill effects of an epidemic? Will Americans not face massive debt in the long run? John Evgener, an economist at the Serge-EI Research Center, who is also a guest on Doma Panke’s Twenty Minutes of Radio Ronal, also works at Columbia University in New York.
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According to Švejnar, US President Biden is showing courage, but at the same time opening the door to an agreement with Republicans. | Photo: Jana Pinosilova | Source: Czech Radio
When Joe Biden became president, he spoke in his opening remarks about the need to end the Democratic-inspired civil war against Republicans. He added that he wanted to reunite the United States. Less than two months have passed since then, and he has put forward such a basic plan without a Republican vote. Does it go together?
It goes together, and I would even say that Biden follows a very brilliant policy. Not many people know if he will be a good, smart and capable president. But it turns out that it is. He talks to Republicans, he’s in touch with them, but in reality he tells them, we’ll find common goals, work together, and if you do not join, I will push it myself.
Listen to the full interview with John Evgener, an economist at the CERGE-EI Research Center
He shows power, but opens the door He says, look at colleagues, we have been together for decades, we know each other, join me, I am ready. Even in this package, he was willing to reduce support for the unemployed and the poor, postponing the increase Minimum wage. He invited Republicans to join. He just leaves the door open and welcomes cooperation.
I would ask a little differently. Shouldn’t there be more support for such government intervention in the economy?
Yes, it is desirable. But we are in a situation where Republicans are pushing their interests hard when they have a majority. Biden is coming to the battlefield, which is as divided as Barack Obama and does not want to make the same mistake, he waited two years, even though he controlled both the Senate and the House and was unable to take any action when he lost it. Biden shows that he will put forward things he deems essential, but he is willing to find a compromise. He proves to be a strong, tough and actionable president.
Since last week May 1, any U.S. citizen over the age of 18 has been arrested. Joe Biden said last week that the resident is also eligible for the vaccine. The goal is for Americans to celebrate Independence Day together in early July. Is this true? Are there enough vaccines in the United States?
This will become a reality as the vaccination rate is increasing very fast. On average, more than two million people are vaccinated each day. There is a big difference in the capabilities of American and European administrations. For many Americans, this is a very positive move. From May 1, everyone can register and on July 4, families can celebrate together.
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