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Biden: 2-step plan for recovery - 1st step get assistance to who need it the most - 2nd step will invest in workers and infrastructure
President-elect Biden:
— DailyFX Team Live (@DailyFXTeam) January 15, 2021
- Two-step plan for recovery
- First step is American Rescue Plan to get assistance to Americans who need it the most
- Second step "Build Back Better Plan" will invest in workers and infrastructure $SPX $NDX
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President-elect Biden:
— DailyFX Team Live (@DailyFXTeam) January 15, 2021
- This plan will create economic growth and meet our moral obligations
- If we do not act now we will see a wave of foreclosures
- Next week we will take action to extend relief to those facing foreclosures $SPX $NDX
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President-elect Biden:
— DailyFX Team Live (@DailyFXTeam) January 15, 2021
- Will provide flexible grants to small businesses
- Focus on Main Street and distribute money equitably and responsibly
- Aim to increase minimum wage to $15 per hour on national scale
- No one working less than 40 hours/w should be in poverty
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President-elect Biden:
— DailyFX Team Live (@DailyFXTeam) January 15, 2021
- It is time to get infrastructure done instead of talking about it
- Everyone will pay a fair share without punishing anyone
- We have a moral obligation to act immediately, can't let people go hungry
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