Why are people saying that President Biden is doing damage to the U.S. economy?
user
President Biden has been signing Executive orders that target major corporations and large-scale industries. Many of the orders seek to increase regulations and introduce policy changes that are seen as burdensome to businesses, resulting in companies having to spend more money on staff and infrastructure, or face penalties. Some critics have speculated that President Biden's policies could hurt economic growth in the long-term if left unchecked.
assistant
Why are people saying that President Biden is doing damage to the U.S. economy?
user
Some critics have argued that President Biden's economic policies could do serious harm to the U.S. economy. They point out that his stimulus packages would pile more debt onto an already record-high federal deficit, and that tax increases, spending hikes and regulation changes could stall or reverse recent economic progress. They also argue these policies will disproportionately benefit highly organized groups at the expense of those who do not engage in lobbying or grassroots organizing.
assistant
Why are people saying that President Biden is doing damage to the U.S. economy?