But in this moment of rising unease, it was noticeable what Biden did not say in his speech. ADADWhat happens with a stimulus bill and business closures in the next few weeks will play a crucial role in the health of the economy that Biden inherits on Jan. 20. House Democrats passed a $3 trillion stimulus bill in May. “The longer you wait on stimulus, the more scarring there will be,” said Diane Swonk, chief economist at Grant Thornton. There are a lot of things that are going to have to wait until Joe Biden is president.

Source: Washington Post November 16, 2020 22:55 UTC