“A lot of folks are losing hope,” Biden said in a speech at the White House. Biden concluded in his Friday speech that aid at that level would only prolong the economic pain. Still, the president acknowledged Friday that one of his most ambitious proposals, raising the minimum wage, would likely be left out of the final bill. “At that rate, it’s going to take 10 years until we hit full employment,” Biden said during his Oval Office meeting with House Democrats. Image: President Joe Biden speaks about the economy in the State Dinning Room of the White House, Friday, Feb. 5, 2021, in Washington.

Source: Egypt Independent February 05, 2021 23:37 UTC