Thursday, January 20, 2022, marks the one-year anniversary since Joe Biden took the oath of office as president of the United States. President Biden inherited many challenges, including one of the worst economies in generations, with millions of Americans out of work and tens of thousands of businesses shuttered. But the latest recession only compounded decades of low wages and rising costs for working families, squeezing millions of Americans out of the middle class and putting economic opportunities further out of reach for millions more. In light of this, President Biden vowed not simply to return to the prepandemic economy, which was failing working people, but also to build a strong economy by investing in working people and strengthening the middle class. From jobs and wages to new business creation and decreases in poverty, it’s clear that the Biden economy is booming and working families are benefiting.
On January 20, please join the Center for American Progress for a conversation between Bharat Ramamurti, deputy director of the National Economic Council, and CAP President and CEO Patrick Gaspard on the economic progress the United States has made over the past year, and the opportunities and challenges that lay ahead in building a strong and inclusive economy.