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Presidente americano Joe Biden durante Cúpula do Clima

Biden’s attempt to speed up the economy is gaining traction from companies

Good time may not be everything. But it definitely helps.

This appears to be the case when it comes to the initiative of the President of the United States, Joe Biden, to reverse decades of worsening economic dynamism. While Biden’s efforts alone are expected to yield limited results, they have arrived at a time when some economists believe the United States is ready for a stronger, sustainable growth race.

After more than a year of corporate restrictions and social disconnection aimed at slowing the spread of COVID-19, companies are ready to increase efficiency and employees are eager to return to work – which could mark the beginning of a long period of faster productivity advancement and workforce expansion.

“We have to catch up with a lot,” said Robert Gordon, a professor at Northwestern University and author of the 2016 book, after a decade of declining productivity growth. The Rise and Fall of American Growth.