(Reuters) – Bridgewater Associates founder Ray Dalio wrote on Twitter Sunday that the United States is still in a “terrible financial state” and is still “terribly divided,” but added that he liked what he heard from President Joe Biden at his inauguration.
The hedge fund billionaire wrote that the question was whether the president and both sides in Congress would work together “for peace and prosperity that addresses the great wealth, values and gaps of opportunity we now see.”
Dalio has previously criticized a growing wealth gap and underinvestment in public education in the United States, which he has associated with lower high school graduation rates, larger differences in test scores and lower teacher wages.
Reporting by Kanishka Singh in Bengaluru; Editing by Daniel Wallis