America needs to reimagine and rebuild a better than before economy: President Biden

President Biden tweeted that America needs to reimagine and build a new economy. With this tweet he suggested that the Americans will not lead the same old life – the one before pandemic – but instead they will come out of this crisis stronger than ever.

We can’t just build back to the way things were before the pandemic — we need to reimagine and build a new American economy.

— President Biden Archived (@POTUS46Archive) April 17, 2021

Millions have lost their jobs, hours, pay and the small businesses have suffered the most. The unemployment rate is higher than it was during the Great Recession.

Biden believes that building just the way it was, with inequalities and weakness still in place is not something to do this time. This is the moment where Americans build new economy for the next generation.

An economy where every American get equal chance and enjoys fair return for their work. That economy will be more powerful and vibrant because everybody will be cut in on the deal.

Biden plans on updating social contracts that treats American workers as essential at all times and not just during crisis. They will be benefited with higher wages, fair and safe workplaces and other stronger benefits.

As per President, Trump provided all tools necessary to the big players but in the new economy Biden plans on providing better help to small businesses, instead of corporates.

In order to make sure that this agenda goes through, he plans on making new and bold investment for many of 10-year investment he already announced. He will also be reversing some of tax cuts on corporates that were provided by the former president.