How much control do presidents really have over the economy?

Feb 5, 2021
Normally presidents have very few tools to control the economy. With the COVID-19 pandemic, however, things are a bit different.
President Joe Biden signs executive orders in the Oval Office on Jan. 28, 2021.
Doug Mills/Getty Images

Biden team inherits a stumbling economy

Jan 19, 2021
The new administration plans to focus lots of attention on the economy and propose a massive relief package as the recovery stutters and the virus surges.
Joe Biden and Kamala Harris appear in Delaware during their successful campaign. The White House is expected to send Congress a massive relief package in the coming days.
Drew Angerer/Getty Images

Trends to watch in 2021

Jan 1, 2021
A leading European investor and a business analyst in Asia share their predictions for a post-coronavirus world.
Monsitj/Getty

Are Republicans better at talking about the economy?

Dec 3, 2020
Communication expert Lee Carter says President-elect Biden "underestimated how important the economy was to Americans."
Joe Biden and Donald Trump in their first presidential campaign debate. Lee Carter recalls that during the campaign, Trump emphasized the economy and Biden highlighted character issues.
Olivier Douliery/Getty Images

COVID-19 is putting the economy on fast-forward

Nov 24, 2020
Will that make it better or worse? Scott Galloway, professor at the NYU Stern School, weighs in with his new book, "Post Corona: From Crisis to Opportunity."
People wait in line to receive donated groceries on May 6, 2020, in the Queens borough of New York City.
Bryan Thomas/Getty Images

What you need to know about “austerity”

Nov 16, 2020
Calls for austerity likely slowed the economic recovery from the Great Recession. Could that happen again?
Government spending during a recession needs to be like "turning into a skid," said economist J.W. Mason. "When your tax revenue is falling, you need to pick up the spending."
Matt Cardy/Getty Images

Exit poll: Americans are deeply divided on COVID-19 and the economy

Nov 5, 2020
Those who voted for Biden said they are having a harder time in the COVID economy, according to exit polls done for major television networks.
A man casts his ballot at Tippecanoe Library on the first day of in-person early voting in Milwaukee, Wisconsin, on Oct. 20, 2020.
Kamil Krzaczynski/AFP via Getty Images

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The U.S. dollar's safe haven status may be in question, but it's intact for now

Oct 30, 2020
It's all about trust in a stable U.S. economy.
The dollar is not only the global reserve currency, it's a safe haven in times of uncertainty.
ATTA KENARE / Contributor Getty Images

GDP jumped 33%, but how about that output gap?

Oct 29, 2020
The growth is good, but it'll be a while before the U.S. economy is back to where it was before COVID-19 happened.
Cargo containers are stacked on a ship docked at the Port of Oakland in California. Economic output in the United States hasn't caught up yet to pre-pandemic levels.
Justin Sullivan/Getty Images

Texas restaurants are just trying make it through this

Oct 29, 2020
Hundreds of thousands of food industry workers still haven't been able to come back to work.
A group of women have lunch at a restaurant in Austin, Texas, June 26, 2020.
Sergio Flores/AFP via Getty Images