With Donald Trump having departed the White House, many Republicans are suddenly rediscovering the dangers of budget deficits, after four years of conspicuous indifference. This was entirely predictable: for the last 45 years, the GOP has done the same thing every time a Democrat has won the presidency.
CAMBRIDGE – High among US President Joe Biden’s many priorities is reinvigorating an economy that – judging by the latest employment numbers – appeared to be slowing as 2021 began. Even if COVID-19 abates during the course of the year, and pent-up consumer demand kicks in, the United States faces immediate challenges in areas such as education, infrastructure investment, state and local finances, and especially the fight against the pandemic itself.
CAMBRIDGE – High among US President Joe Biden’s many priorities is reinvigorating an economy that – judging by the latest employment numbers – appeared to be slowing as 2021 began. Even if COVID-19 abates during the course of the year, and pent-up consumer demand kicks in, the United States faces immediate challenges in areas such as education, infrastructure investment, state and local finances, and especially the fight against the pandemic itself.