AP Economics Writer
BALTIMORE (AP) When Joe Biden entered the White House as vice president, the economy was cratering. Job losses were mounting. Stocks were crashing. Millions of Americans were in the early stages of losing their homes to foreclosure as the housing bubble burst.
Biden returns to the White House as president a dozen years later with the economy battered and shaken by a pandemic. But this time is different and it could reset the nation’s politics if Biden and Democrats can count on a level of growth not seen in a generation.
Despite the 9.8 million jobs lost due to the coronavirus, there are signs the country is on the cusp of a kind of boom unseen in the Obama and Trump eras.
Jan 19, 2021
BALTIMORE (AP) When Joe Biden entered the White House as vice president, the economy was cratering. Job losses were mounting. Stocks were crashing. Millions of Americans were in the early stages of losing their homes to foreclosure as the housing bubble burst.
Biden returns to the White House as president a dozen years later with the economy battered and shaken by a pandemic. But this time is different and it could reset the nation’s politics if Biden and Democrats can count on a level of growth not seen in a generation.
Despite the 9.8 million jobs lost due to the coronavirus, there are signs the country is on the cusp of a kind of boom unseen in the Obama and Trump eras.
Biden s test: Engineering economic boom in a partisan d accesswdun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from accesswdun.com Daily Mail and Mail on Sunday newspapers.