Home » today » News » “Last year, the poverty rate was lower than it has ever been in the United States” – Release

“Last year, the poverty rate was lower than it has ever been in the United States” – Release

Interview

Article reserved for subscribers

The economist and former adviser to Barack Obama analyzes the reasons for high inflation across the Atlantic and the possible effects of the omicron variant on the economy, as the Biden administration tries to push through its major reforms.

Jason Furman’s Wikipedia file mentions that he was Matt Damon’s roommate at Harvard in the early 90s, before the latter abandoned his studies to achieve a certain notoriety. Furman, he persevered. Having become a doctor and professor of economics, he cut his teeth at the World Bank with the future Nobel laureate Joseph Stiglitz, then took part in several presidential campaigns of the Democrats, before leading the economic council of President Barack Obama. In this capacity, he is credited in particular with a role considered decisive in the very Keynesian stimulus plan of 2009, or in the architecture of the famous reform of the social protection system, known as “Obamacare”, that Donald Trump dreamed of. ‘bury without succeeding.

While Joe Biden’s mandate is going through a difficult patch – caught between dissatisfaction with soaring prices (6.2% annual increase in October) and the spread of the still unclear threat of the omicron variant – Jason Furman delivered to Release his reading of the economic challenges facing the President, while his great reform ambitions are…

– .

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.