“Help is on the way”: Joe Biden presents the economic team in a pandemic rage American news


U.S. President-elect Joe Biden also officially unveiled his senior economic advisers on Tuesday as his incoming administration prepares to deal with the worst financial crisis in decades and the resurgent corona virus epidemic.

He was wearing black boots on his right leg, which he had recently broken while playing with one of his dogs. Biden appeared in his hometown of Wilmington, Delaware, at an event that stressed the gravity of the situation but wanted to offer hope.

“We’re going to create a restoration for everyone,” Biden said. “Our message to everyone who is currently struggling is this: help is on the way.”

Biden’s candidates would put more women in key economic roles, in stark contrast to Donald Trump and reflecting his commitment to diversity.

Among them is Janet Yellen, who, if confirmed by the Senate, will be the first woman to lead the U.S. Treasury in its 231-year history. Biden said you may “have to ask Lin-Manuel Miranda, who wrote the musical about the first treasury secretary, [Alexander] Hamilton to write another musical about his new candidate.




Biden and Yellen on Tuesday in Wilmington.



Biden and Yellen on Tuesday in Wilmington. Photo: Andrew Harnik / AP

Yellen led the Federal Reserve from 2014 to 2018, with a focus on maximizing employment and less on price inflation. In his speech on Tuesday, he noted the damage caused by the epidemic.

“Lost lives, lost jobs, small businesses that survive or close permanently,” he said. “So many people struggle to put food on the table and pay bills and rents.

“This is an American tragedy and it is essential that we move forward urgently. Inaction will cause a self-reinforcing decline, causing even more devastation. And we run the risk of failing to address deeper structural problems. “

Biden’s candidates have all supported government spending to boost employment, reduce inequalities, and help women and people of color disproportionately harm the recession.

But they face a stiff headwind because of the epidemic, which is now estimated to kill one American per minute. The United States is home to 4% of the world’s population, but 19% of its coronavirus deaths – more than 268,000 – are forcing renewed economic restrictions in some states with record numbers of cases and hospitalization.

November saw the largest two-week jump in unemployment benefit claims since April. A number of aid programs expire this month, although a bipartisan group of members of the House and Senate unveiled a $ 908 billion aid bill on Tuesday to break the political stalemate.


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Biden said: “The team I am announcing today is critical to shaping our action plan starting on the first day and is moving fast to revitalize this economy.”

His plan for “better building is better,” he said, was based on a simple suggestion: “Reward hard work in America, not wealth. It is time to invest in infrastructure, clean energy, climate change, manufacturing and much more that will create millions of well-paying jobs. It is time to address the structural inequalities in our economy that have been flooded by this epidemic. “

Another choice could be Cecilia Rouse, an economist at Princeton University who would be the first black woman to chair the Council of Economic Advisers; economists Heather Boushey and Jared Bernstein are members of the council; and Neera Tanden, President of the Center for American Progress Thinking, as Head of the Office of Administration and Budget (OMB).

“I’ve known Neera for a long time,” Biden said. “A brilliant political mind with critical hands-on experience throughout the government. She was raised by a single mother on food stamps, an Indian immigrant who struggled, worked hard and did her best for her daughter to make the American dream come true, and Neera did just that. He understood the struggles of millions of Americans.

Biden noted that Tanden will be the first woman of color to lead OMB. But he has already proven his most divisive choice and has led to criticism from Republicans. Some analysts say a “sacrificial lamb” is unlikely to reinforce a fight that could distract from other candidates.

Since his nomination, Tanden has deleted more than a thousand tweets, some of which have been critical of senators who will vote to confirm it, the Daily Beast wrote.

Claire McCaskill, a former Missouri senator, told MSNBC, “This is a whole new level of hypocrisy. Republican senators are now suddenly worried about tweets that offend their feelings. It’s just ridiculous.

“We had a president who used his Twitter account like a ram and followed unfairly, incredibly brutally tweeted not only his political opponents but also Republican senators. Now he’s suddenly excluded from serving in the cabinet who expressed his own opinion on Twitter? I think it’s silent.

Tanden was also unpopular on the left, with Hillary Clinton a strong supporter over Bernie Sanders in the 2016 pre-election. Briahna Joy Gray, former national press secretary for Sanders’ 2020 campaign, wrote on Twitter: “Neera Tanden embodies all the toxic effects of the corporate Democratic Party.”

For Biden, Tuesday’s sober and determined performance was the latest sign that the transition is gaining unstoppable momentum, despite Trump’s false claims of vote fraud and denial of rejection.

On Monday, Biden received his first full classified intelligence brief since winning the November 3 election after Trump delayed the process for weeks. And Arizona and Wisconsin have officially recognized Biden’s victory, which means Trump’s legal team has lost six of six attempts to stop states proving their achievements. Trump followed challenges in many states, but most were thrown out.

Yet the president continues his quixotic efforts. Tuesday’s Trump campaign asked the Wisconsin Supreme Court to determine whether the 221,000 missing ballots, which were allegedly lacking in information, should be excluded from the vote aggregation. Biden won the state with about 20,000 votes.

The Electoral College, which elects the state on the basis of state-by-state results, is scheduled to meet on December 14th. Biden will take office on January 20th.