Biden Says There Will Be Supply-Chain Issues as Economy Recovers

The video discusses the economic recovery process, highlighting the new bargain for inclusive growth. It addresses challenges like supply chain issues and price distortions. The administration plans to tackle these through initiatives targeting construction materials, transportation bottlenecks, and anticompetitive practices. The American Rescue Plan is seen as a foundation for a sustainable and inclusive economy, with future steps aimed at fostering dynamic growth.

What is one of the main challenges mentioned in rebooting the global economy?

• Immediate job growth

• Smooth transition

• Economic fluctuations

• Stable prices

What is the administration's first step in combating supply pressures?

• Addressing construction materials and transportation bottlenecks

• Increasing interest rates

• Reducing taxes

• Promoting tourism

Which sector is the administration focusing on to combat anticompetitive practices?

• Large corporations

• Small businesses and families

• International trade

• Agriculture

What foundation did the American Rescue Plan lay?

• A temporary economic boost

• A strong foundation for a new economy that includes everyone

• A focus on international markets

• A new economy that excludes certain groups

What is the ultimate goal for America's economic path as mentioned in the last section?

• Focus on traditional industries

• Faster, more exclusive growth

• Sustainable and inclusive economic growth

• Short-term economic gains