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  • The Christian Science Monitor

    For ​Biden the top economic priority is clear. It just isn’t easy.

    Dec 07, 2020 5 minutes

    When Joe Biden steps into the White House on Jan. 20, Inauguration Day, it won’t be just the furnishings that look familiar. The economy is wobbling after a severe downturn, much as it was in 2009, when President Barack Obama took office with Mr. Biden as vice president. 

    Yet for President-elect Biden, today’s political landscape is vastly different. It has grown tougher on issues such as trade and China policy. Since the Great Recession, economic thinking has evolved toward greater flexibility when it comes to government deficits. 

    And while the economic challenge does not look as dire as it did in 2008, it’s clear Mr. Biden will have less political maneuvering room than either Mr. Obama or President Donald Trump, who both took office with solid majorities in both houses of Congress. The U.S. Senate will operate with a

    Inauguration paired with big U.S. risksBiden prioritiesIs debt a worry or not?

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