“I want to say it very clearly on this, [American Rescue Plan] is better economics and not only addresses the immediate crisis we’re in, it’s better for the long term economic health of our nation and our competitiveness,” said President Joe Biden during a press conference.
“My plan creates more jobs, creates more economic growth, and does more to make us competitive with the rest of the world than any other plan. Don’t take my word for it. Just look at what leading economists across the nation have said and in the world and across the across the ocean have said. Wall Street investment firm Moody’s says if we pass the American rescue plan, it will lead to four million more jobs than otherwise would be created. The nonpartisan Brookings Institution has looked at the rescue American rescue plan and said the GDP of will reach PREE pandemic projections by 2021, meaning we’ll have recovered by 2021 much sooner, by the way, than if we do nothing.”
In his defense, he probably didn’t know what he was about to say pic.twitter.com/ChVOagFjb8
— Tom Elliott (@tomselliott) February 5, 2021