US economy still has "a long way to go," warns Biden
Joe Biden during his speech at the White House in Washington, May 7, 2021. REUTERS - JONATHAN ERNST
Text by: RFI Follow
2 min
Joe Biden admits it: the US economy still has a long way to go.
The US President spoke on Friday morning, May 7, after the publication of unemployment figures.
Only 266,000 jobs were created in April, as experts predicted a million new jobs.
Republicans immediately denounced the failure of the White House tenant policy.
But Joe Biden believes that the United States is on the right track.
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With our correspondent in Washington,
Anne Corpet
“
We knew it wouldn't be a sprint, but a marathon.
The American president uses the sporting metaphor to evoke the recovery of the economy.
The unemployment figures are a disappointment compared to the expected results, but Joe Biden shows his confidence and calls on Americans to be patient.
"The slope is steep"
"
Today's report underscores how vital our action is,
" said Joe Biden.
Our efforts are starting to pay off, but the slope is steep and we still have a long way to go.
We are still emerging from an economic collapse that cost us 22 million jobs.
"
The plan to save the economy was designed to rebuild the economy in one year, explains the president, not in two months.
And Joe Biden insists on the importance of continuing the efforts.
A thinly veiled call to elected Republican officials who are reluctant to vote for his massive infrastructure investment plan.
► See also:
United States: President Joe Biden goes on campaign for his economic recovery plan
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United States
Joe biden
Economy