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Former Vice President Joe Biden said Friday he doesn’t expect a so-called V-shaped recovery for the U.S. economy, contradicting a prediction by President Donald Trump.
Biden, the presumptive Democratic presidential nominee, said in a CNBC interview that economic recovery from the coronavirus pandemic is a “long way away.” The former vice president, who has called for rolling back Trump’s tax cuts and raising capital gains taxes on those making more than $1 million, also told the network: “the way to fix the economy is get the public health response correct.”
