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US Companies And Organizations Are Ready To Work With Joe Biden

US companies and organizations are ready to work with presidential election winner Joe Biden, expecting accelerated support for the economy and increased infrastructure spending.

US Companies And Organizations Are Ready To Work With Joe Biden
Yazar: Tom Roberts

Yayınlanma: 10 Kasım 2020 04:47

Güncellenme: 7 Kasım 2024 07:30

US Companies And Organizations Are Ready To Work With Joe Biden

US companies and organizations are ready to work with presidential election winner Joe Biden, expecting accelerated support for the economy and increased infrastructure spending. "First and foremost, further assistance is needed for companies affected by the new coronavirus pandemic. Small businesses in the United States cannot wait another three months for Congress to take action," said Thomas Donohue, chief of the American Chamber of Commerce. In addition, it expects significant infrastructure investments, which will have an equally significant impact on economic and labor market developments. The American Chamber of Commerce was one of those who had already congratulated Biden on his victory, despite the fact that current President Donald Trump still refuses to accept his defeat. Airlines have also expressed support for Biden, which also expects the new government to take swift action to help the pandemic-crippled sector. In a similar spirit, representatives of tourism companies also congratulated themselves on their victory in the elections. These, together with the aviation sector, are among the most damaged sectors. This is confirmed by data from the labor market. The tourism sector accounts for more than a third of the total number of unemployed in the USA. The representatives of the National Association of Mining Companies also congratulated Biden. As they said, "they expect to work together to strengthen the competitiveness of both companies and domestic supply chains." The biggest technology companies, such as Facebook and Microsoft, as well as American carmakers, also expressed support for the future president.
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