Biden administration facing déjà vu moment as lofty goals meet economic crisis
. Many of Obama's first-term policy goals were sidelined by the Great Recession, which began in 2008 and brought a stimulus package and stricter banking regulation to the congressional forefront. Biden's longer-term economic goals will likely be on pause early in his administration too, as he is forced to deal with the lingering pandemic and the economic crisis it has created. "Clearly, the first 100 days is going to be crisis management," said Matthew Goodman, senior vice president for economics at the Center for Strategic and International Studies. "Dealing with the pandemic preempts any ph...
Source: spglobal.com
