US | Joe Biden wins, but he inherits a frail economy
Joe Biden will become the 46th president of the United States. But, with Republicans likely to retain control of the Senate, Biden will find enacting his major tax and spending proposals difficult.
Increased policy certainty, trade multilateralism and a pro-immigration stance should generally benefit the economy, but they are unlikely the drastically modify its growth trajectory.
In this report, you'll learn:
- Our GDP forecast in relation to the health situation rapidly deteriorating and economic momentum slowing
- How policy gridlock will likely limit Biden from implementing his agenda
Topics: United States, GDP, US election, Presidential election, North America, Bidenomics
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