Elections have consequences, and at the end of the day I won,” Barack Obama informed Republicans shortly after his first inauguration. Indeed. The economic consequences of our recent election will be more taxes, more regulations, more government involvement in economic life. Not enough more of each to satisfy Joe Biden’s increasingly restive left, but enough to worry the billionaires and Wall Street titans who funded his election.
We now have a clearer view of where President-Elect Biden intends to take the nation, assuming it is he rather than Kamala Harris calling the shots.
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