Joe Biden’s 5 biggest economic challenges

  • Date: 14-Nov-2020
  • Source: Times of Oman
  • Sector:Economy
  • Country:GCC
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Joe Biden’s 5 biggest economic challenges

From the pandemic to his tax and spending plans, US President-elect Joe Biden faces an uphill battle as soon as he takes office. DW looks at five challenges he must overcome to convince voters that "America is back."1. Beat the pandemicMost economists agree that until the coronavirus pandemic is contained, US President-elect Joe Biden will struggle to rebuild the economy. As soon as he takes office on January 20th, the Democrat has promised to assemble a new coronavirus taskforce. Boosted by the announcement of the Pfizer-BioNTech vaccine, which has 90% efficacy, Biden will be able to reassure American voters of light at the end of the tunnel, if, as is widely expected, he announces a second nationwide shutdown.One of Biden's coronavirus advisors, Michael Osterholm, has warned that the US is