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2021-05-29

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Behind the 6 trillion budget! What is the Biden administration worried about?

6万亿看起来庞大，实际上只会让美国经济得到一个比较温和的增长速度。这可能反映出拜登政府对人口老龄化加剧的担忧。6万亿美元财政预算，听起来很是庞大，实际上并非如此。核心点在于：这样的预算规模，看起来确实

Behind the 6 trillion budget! What is the Biden administration worried about?

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The $6 trillion budget sounds huge, but it is not.</p><p>The core point is that such a budget size does seem to be about 50% larger than before the outbreak of the epidemic in the United States, but in fact, if considered based on the current situation, it will only give the U.S. economy a relatively moderate growth rate.</p><p>Reuters believes that this may reflect the Biden administration's concerns about the aging of the U.S. population.</p><p>This veteran media article believes that the 2021 economic growth rate anchored by Biden's $6 trillion budget is only 5.2%.</p><p>In contrast, U.S. GDP grew at an annual rate of 6.4% in the first quarter of this year. Of course, this growth rate is based on the unprecedented stimulus measures introduced by the government.</p><p>In this regard, Cecilia Rouse, chairman of the U.S. Council of Economic Advisers, said that budget estimates were determined in early February, and the government plans to reconsider these estimates later this year.</p><p>It is also worth noting that the Biden administration's economic growth expectations for next year and beyond are also slowing down. Specifically, the expected economic growth rate from 2024 to 2031 is between 1.8% and 2%.</p><p>Although this low growth rate forecast is generally in line with the expectations of Fed officials, it is at least a quarter of a percentage point lower than the expectations of market analysts.</p><p>Fortunately, it is a full percentage point higher than the forecast before the outbreak in the United States about two years ago, that is, after the Trump administration's final budget proposal was raised.</p><p>Economists believe that the Biden budget may be constrained by two factors: the accelerated aging of the population and the lack of growth in the labor force.</p><p>In 2017, the U.S. Department of Labor predicted that about 20.5% of the U.S. population would grow to 65 or older by 2030, while in 2010, their predicted proportion was still 16.8%.</p><p>----------------------------------------------------</p><p>Share good news with Tiger friends, Tiger currently supports placing orders on weekends! Pre-pending orders are a value-added service provided by Tiger for users, which can support users to place orders during non-trading periods. Currently, they support three order types: stop loss orders, stop loss limit orders, and limit orders.</p><p>In other words, users can place pending orders during market holidays, such as weekends and other holidays. The orders are saved by Tiger's trading system and automatically submitted to the exchange after the market opens.</p><p><a href=\"https://www.laohu8.com/post/131820269\" target=\"_blank\">Click for details > > ></a></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Behind the 6 trillion budget! 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What is the Biden administration worried about?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1084101182\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">华尔街见闻 </p>\n<p class=\"h-time smaller\">2021-05-29 09:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>6 trillion yuan seems huge, but in fact it will only give the US economy a relatively moderate growth rate. This may reflect the Biden administration's concerns about an increasingly aging population. The $6 trillion budget sounds huge, but it is not.</p><p>The core point is that such a budget size does seem to be about 50% larger than before the outbreak of the epidemic in the United States, but in fact, if considered based on the current situation, it will only give the U.S. economy a relatively moderate growth rate.</p><p>Reuters believes that this may reflect the Biden administration's concerns about the aging of the U.S. population.</p><p>This veteran media article believes that the 2021 economic growth rate anchored by Biden's $6 trillion budget is only 5.2%.</p><p>In contrast, U.S. GDP grew at an annual rate of 6.4% in the first quarter of this year. Of course, this growth rate is based on the unprecedented stimulus measures introduced by the government.</p><p>In this regard, Cecilia Rouse, chairman of the U.S. Council of Economic Advisers, said that budget estimates were determined in early February, and the government plans to reconsider these estimates later this year.</p><p>It is also worth noting that the Biden administration's economic growth expectations for next year and beyond are also slowing down. Specifically, the expected economic growth rate from 2024 to 2031 is between 1.8% and 2%.</p><p>Although this low growth rate forecast is generally in line with the expectations of Fed officials, it is at least a quarter of a percentage point lower than the expectations of market analysts.</p><p>Fortunately, it is a full percentage point higher than the forecast before the outbreak in the United States about two years ago, that is, after the Trump administration's final budget proposal was raised.</p><p>Economists believe that the Biden budget may be constrained by two factors: the accelerated aging of the population and the lack of growth in the labor force.</p><p>In 2017, the U.S. Department of Labor predicted that about 20.5% of the U.S. population would grow to 65 or older by 2030, while in 2010, their predicted proportion was still 16.8%.</p><p>----------------------------------------------------</p><p>Share good news with Tiger friends, Tiger currently supports placing orders on weekends! Pre-pending orders are a value-added service provided by Tiger for users, which can support users to place orders during non-trading periods. Currently, they support three order types: stop loss orders, stop loss limit orders, and limit orders.</p><p>In other words, users can place pending orders during market holidays, such as weekends and other holidays. The orders are saved by Tiger's trading system and automatically submitted to the exchange after the market opens.</p><p><a href=\"https://www.laohu8.com/post/131820269\" target=\"_blank\">Click for details > > ></a></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b723feb7135a01ca53f3c6edab4b9665","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133921757","content_text":"6万亿看起来庞大，实际上只会让美国经济得到一个比较温和的增长速度。这可能反映出拜登政府对人口老龄化加剧的担忧。6万亿美元财政预算，听起来很是庞大，实际上并非如此。核心点在于：这样的预算规模，看起来确实比美国爆发疫情之前多了50%左右，但实际上若立足当前来考虑，实际上只会让美国经济得到一个比较温和的增长速度。路透社认为，这可能反映出拜登政府对于美国人口老龄化加剧的担忧。这家老牌媒体文章认为，拜登6万亿美元预算锚定的2021经济增长率只有5.2%。相比之下，今年一季度美国GDP按年率计算增长了6.4%。当然这样的增长率建立在政府推出了史无前例的刺激措施基础之上。对此，美国经济顾问委员会主席Cecilia Rouse表示，预算预估在2月初就已经确定，政府计划在今年晚些时候重新考虑这些预估。还有一点值得注意：拜登政府对于明年往后的经济增长预期也是降速，具体来说，从2024年到2031年的预期经济增长率在1.8%到2%之间。这样的低增长率预期虽然说大体上也符合美联储官员们的预期，但它比市场分析师们的预期至少低了四分之一个百分点。好在，它比大约两年前美国爆发疫情之前，也就是特朗普当政时的政府最终预算提案上调后的预测高出了整整一个百分点。经济学家们认为，拜登预算案可能受到两个因素的制约：人口加速老龄化，劳动力人口没有增长。美国劳动部在2017年曾经预计，美国大约有20.5%的人口将在2030年之前增长到65岁甚至更大年龄，而在2010年，他们的预测比例还是16.8%。----------------------------------------------------和虎友们分享一个好消息，老虎当前支持周末下单了！预挂单是老虎为用户提供的一种增值服务，可以支持用户在非交易时间段下单，目前支持止损单、止损限价单、限价单3种订单类型。也就是说，用户可以在休市期间，比如周末等节假日进行挂单，订单由老虎的交易系统保存，待开市后自动提交到交易所。点击了解详情>>>","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1927,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":3,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}