Michael R. Strain, Columnist

Virus Shouldn’t Be Sole Focus for Biden Economic Aide

As the new Council of Economic Advisers chief, Cecilia Rouse should tackle chronic ills like lagging U.S. dynamism.

November 30, 2020 at 11:30 AM UTC

Michael R. Strain is a Bloomberg Opinion columnist. He is director of economic policy studies and Arthur F. Burns Scholar in Political Economy at the American Enterprise Institute. He is the author of “The American Dream Is Not Dead: (But Populism Could Kill It).”

Take the long view.
Photographer: Mel Evans/Associated Press

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Three formidable challenges await President-elect Joe Biden’s new chief economic adviser. The first involves the short term, steering the U.S. economy from Inauguration Day to the point that the Covid-19 vaccine is in wide distribution. Then comes adjusting to the post-coronavirus new normal.

But her attention must also be focused on longer-term economic problems that were around before the pandemic and will remain after it recedes.