What impact will Biden's infrastructure package have on the economy?
On Wednesday, US President Joe Biden unveiled the first part of what he called the "American Jobs Plan" - an infrastructure package worth more than two trillion dollars. Dubbed "a once-in-a-generation investment in America," the proposal will give the government a bigger role in the US economy, as it tries to spur a comeback from the devastation caused by the COVID-19 pandemic. Will Biden introduce more legislation to tackle controversial issues? And how is competition with China being used by the Biden administration to try to promote American action?
To discuss these questions and more, we've invited Rick Dunham, former White House correspondent for Business Week; Wang Dan, Chief Economist of Hang Seng Bank China; and Steve Keen, Crowdfunded Professor of Economics on Patreon.