Business

Will the U.S. economy power a global recovery?

The 21st century so far has produced “two decades of overwhelming inequality and underwhelming growth,” said Neil Irwin at The New York Times, “but there are some reasons to think things are about to get better.” With pandemic relief legislation and the vaccine rollout, the economy has the potential “to burst out of the starting gate like an Olympic sprinter.” Americans have saved an extra $1.8 trillion during the pandemic to “spend in the months ahead.” Corporate America should be primed to “hire, invest, and expand to take advantage of the post-pandemic surge in activity.”

Source:

theweek.com

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