They both focus on the slogan "Made in America".

Trump and Biden ... are two visions on opposite sides of the American economy

Biden is "left" accusing Trump of implementing a policy that benefits mainly the wealthiest.

■ EPA

The two candidates competing in the US presidential election present two economic programs on opposite sides, especially regarding taxes that Republican President Donald Trump intends to reduce, while his Democratic opponent, Joe Biden, wants to increase them.

Whoever wins the race to the White House, he needs a majority in Congress to implement his economic policy.

And if Joe Biden is elected, on the third of next November, the big companies and the big rich Americans will pay additional taxes of 4000 billion dollars over the next 10 years.

Biden intends, according to his program, to re-employ these tax revenues in social programs and in education, as well as in the rickety infrastructure that is the issue of constantly modernization in the American political discourse.

The two economists at Moody's, Mark Zandi and Bernard Yaros, explained that “low and middle-income families will benefit from Biden’s policy more than Trump’s policy.” And they said that if Trump wins a second term, he will continue to work with tax cuts that have benefited large companies in particular. And the wealthy, during his first term.

The first debate between the two candidates, on September 29, which was dominated by personal attacks in a charged atmosphere and a continuous boycott, did not allow to learn more about the two economic candidates' programs, and Trump confirmed that his administration "generated the best economy in the country's history", expecting a collapse if Biden wins.

All economic indicators were good before the epidemic, while the labor market prevailed in the best conditions in 50 years.

Millionaires and billionaires

Biden, who identifies himself as the candidate for the middle classes, insists that his opponent’s policy mainly benefits the wealthy.

He said, "Millions and billionaires like him have survived well from the (Covid-19) crisis," indicating that he intends to "build an economy" that is more environmentally friendly.

And his campaign website states that the energy transition is supposed to create "millions of good-income jobs."

And Nancy Vanden Howton and Gregory Daco, of the Oxford Economics office of studies, said that Biden's proposals "will give the American economy a boost while it recovers from the global recession and the emerging corona virus."

Also, economists at Moody's believe that Biden will be in a better position to revive the world's first economy.

They also considered that if Biden abandoned the policies implemented by Trump in the field of foreign trade and immigration, this would give an additional impetus to growth.

But whoever is the next president, his ambitions will be hindered if he faces opposition in Congress.

And then the difference in the end will be very small between Biden and Trump, in the opinion of Mark Zandi and Bernard Yarros.

Made in America

And if the unions condemn Trump's economic policy, they do not support Biden's policy on the other hand.

Karl Rosen, the head of the "Union of Electric, Radio, and Machinery Workers in America" ​​warned the union, which represents 35,000 workers in various industrial sectors, that "if we are stuck in an additional four years of Trump's presidency, this will cause great harm to our country and workers." It also does not support Biden, saying that his program lacks courage.

The two candidates converge on one point, which is focusing on the slogan "Made in America", a slogan that Trump has chanted throughout his tenure.

The professor at the University of Pennsylvania, John Rico, said that the two candidates share a "skepticism about free exchange", but that the "tools to achieve this differ" between them.

More than 3,400 companies from various sectors, including Tesla, Home Depot and Ralph Lorne, have filed a complaint against the Trump administration in court, denouncing the tight tariffs imposed on Chinese exports, in the context of the trade war that the former millionaire businessman started with China.

- If Biden abandons Trump's foreign trade and immigration policies, that will give

Additional payment

To grow.

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