From California capitalism to Bidenomics ...Qatar

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From California capitalism to Bidenomics
US President Joe Biden’s first months in office have been impressive. The number of Covid-19 vaccines that have been administered is more than twice what he promised, and the spread of the coronavirus has slowed sharply. In the first quarter of this year, the US economy grew by 6.4% (the fastest quarterly rate since 1984), owing to monetary and fiscal stimulus and the broader reopening of the economy. Economists at Goldman Sachs expect the 2021 US growth rate to be the fastest in three decades and recent research by the McKinsey Global Institute finds significant acceleration in productivity growth to follow. Under Biden, consumer confidence has rebounded: 55% of voters feel good about the

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