Biden’s Inaugural Address, Post-Trump Recon struction of America and the World, and More

January 20, 2021

Joe Biden’s inauguration is taking place amid three national crises: the coronavirus pandemic, the resulting recession, and the threat of violent insurrection prompted by the outgoing president. Elaine Kamarck draws comparisons to the inaugurations of two other presidents who swore their oaths during times of great upheaval: Abraham Lincoln and Franklin Roosevelt.

“The U.S. still has a lot of soft power—despite Trump’s best efforts to destroy it—and Biden and Harris have the right fundamental mindset to provide global liberal-democratic leadership. They should not let the opportunity pass,” writes Kemal Derviş in his new op-ed.

Biden has made it clear that repairing relationships with allies will be a priority for his administration. In the latest episode of Dollar & Sense, Constanze Stelzenmüller talks to David Dollar about recent tensions between America and Europe, the new investment deal between China and the European Union, and how the U.S. and EU can coordinate a common approach toward China.

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