The US needs to take the lead in infrastructure development and research. This was announced by President Joe Biden during a speech in Ohio.
According to him, the time has come when the state “needs to re-invest in citizens.”
“The American bailout plan requires laying a solid foundation for a new economy. But this is only the first step, we must take a sustainable path towards rapid, more inclusive economic growth, – he said, quoted by TASS. “We need to re-invest in our citizens.
Earlier it was reported that the American economy in the period from April to June 2020 showed an unprecedented collapse: the GDP of the United States in the second quarter fell by 32.9% for the first time on an annualized basis due to the coronavirus infection pandemic.
According to a July 30 statement by the US Department of Commerce, the epidemic has displaced millions of Americans, pushing the rise in unemployment to 14.7%.
