How President Biden Will Tackle the Economic Crisis

Politics with Amy Walter

Joe Biden takes the helm as the 46th president of the United States during an unprecedented crisis. The coronavirus pandemic has killed more than 400,000 Americans, nearly 16 million remain unemployed, and the peaceful transfer of power was disrupted by a violent mob unleashed by the former president. Unity was the centerpiece of President Biden’s inaugural address, but he also acknowledged that unity cannot be achieved without addressing the division and anger that defined the last four years. Nick Fandos, congressional correspondent for The New York Times, Toluse Olorunnipa, national political reporter at The Washington Post, and Clare Malone, a freelance writer, reflect on the last four years and discuss President Biden’s path forward.

The precarious nature of the economy is among the challenges President Biden has inherited. Record unemployment continues as major sectors of the economy remain shut down as a result of the pandemic. Having introduced a $1.9 trillion stimulus package ahead of inauguration, President Biden is hoping to bring Republicans on board to demonstrate his commitment to bipartisanship. But it’s unlikely that Republicans will support his plan as it currently reads even though distributing aid to suffering businesses and families is a time-sensitive matter. Heather Long from The Washington Post and Derek Thompson from The Atlantic describe the economy as it stands today and what approach President Biden should take in implementing another stimulus package.

Plus, Kamala Harris made history this week as she became the first woman and woman of color to be sworn in as vice president. Stephanie Schriock, president of EMILY’s List and author of "Run to Win: Lessons in Leadership for Women Changing the World," has spent her professional life working to elect pro-choice Democratic women to public office. She spoke with Amy Walter about how drastically things have changed for women in politics throughout her career and the magnitude of Vice President Harris’ ascent to the White House.