It has been six months since the inauguration of President Biden of the United States.
In Japan, the next large-scale economic measures totaling 400 trillion yen, such as infrastructure investment plans to create employment, have been launched, and the key to future administration will be how far this essential concept can be advanced. is.
President Biden has been in office for half a year on the 20th.
Over the past six months, we have promoted the spread of the new coronavirus vaccine in Japan, and have established economic measures of 200 trillion yen, including cash benefits to households and extension of unemployment insurance, to normalize the economic activities of the people. I made a certain path to.
The next large-scale economic measures will be the focus of attention in future policy management.
President Biden has set a policy of investing a total of 400 trillion yen in 10 years in the infrastructure investment plan for job creation and the plan to support child-rearing and education with the aim of expanding the middle class.
However, the opposition / Republican Party, which advocates financial discipline, has not agreed with this concept, and President Biden will find a compromise with the opposition party, or will he aim to realize it by taking advantage of the ruling / Democratic Party's parliament. First of all, the focus will be on the movement until the beginning of next month when the parliament will enter the summer holidays.
The extent to which President Biden can take the most important economic measures may affect the Democratic Party's support for the midterm elections next year, so it is likely to be a factor in the future of the administration.