Biden’s bold economic plan

ABC News Economic Correspondent Deirdre Bolton discusses President Joe Biden’s executive actions to expand food stamps and move toward a $15 minimum wage for federal workers.

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33 thoughts on “Biden’s bold economic plan

  1. Companies look at the stock market, and when a democrat takes the Presidency, companies tighten up and lay off people and the stock market takes a hit. This is not new news and happens all the time. also I should mention that along with the new President and his actions (as you will see in the coming weeks) wither they are good or bad every action has some consequence in our country. Also companies are using the Covid-19 excuse to lay people off or make them work from home. And I think the next big bubble after the one that is coming (housing bubble) will be the commercial office space bubble, I see in the future companies not leasing a whole building or even 20 floors rather I see them renting a smaller space as there corporate hub and the workers will work from home

  2. He already killed tens of thousands of jobs 3 DAYS IN, the stock market is going down, soon to crash. Alongside that, he's predicted to kill 3.7 million jobs.

  3. Yes also let impeach Donald trump, whose not president anymore because he might run again after these four year. Democrats are brain dead. They spent last four years trying to impeach him they won’t succeed. There a higher chance he dies from old age within four years. How about you idiots do something productive

  4. Yes bold let destroy energy independence by stopping a pipeline that already half way built. Destroy all those job. Raise the gas as a effect of that and just invade the Middle East for oil makes more sense. And let give relief money to Central America not our own citizens. Yes full proof. Also might as well finish off the already crippled small businesses with 15 min wage, u fools mega corporations just gunna replace u with robots. Just like at McDonald’s Donald replace with kiosks. U blind fools

  5. ok so on a serious note.. He did kill the Keystone project.. only 11,000 jobs ended at the same time and some $2B in wages lost.. But looks pretty good next to his "ban fracking" order… that one is going to be a tad harder to swallow… This is from API (certainly not a right leaning publication)

    GDP loss in excess of $7 trillion by 2030. In 2022, GDP would be reduced by $1.2 trillion triggering a recession, and 7.5 million jobs would be lost (4.8% of total jobs). Annual job losses average 3.8 million through 2030.

  6. In the Middle Ages it was popular to hire singers to announce ones arrival. Didn’t have to be actual feats. The louder and more creative the praise the more expensive the singer. ABC must be getting a fortune! But when getting payoffs from Ukraine gas and oil; and shutting down all competition what’s an exorbitant bribe?!

  7. (1:44) lady has a backside like a rhino. She must be starving!
    I have seen these "food hand-outs" in my area. SOME of the people really need the help. Others not so much. I've seen people pull up in a 2020 Cadillac Escalade for free food.
    The system is run too loose and politicians just look at the numbers, not the reality of what is happening out there.

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