Sleepy Joe Takes the Wheel
"...the former vice President and senator will pursue a drastic shift in America's economic policy. He [Biden] has vowed to reverse much of the Trump administration's aggressive deregulation and indifference to domestic spending and economic development in favor of big investments in education, infrastructure and clean energy. He wants stricter rules to rein in big tech companies and to fight climate change."And to help pay for it all, the President-elect would turn to large tax increases for corporations and wealthy individuals by reversing much of President Donald Trump's tax cuts..."Biden's view reflects the warning from most economists that until the virus is controlled, the economy cannot fully recover..."That slower growth, in turn, could intensify calls for more stimulus spending. Most economists, along with Federal Reserve Chair Jerome Powell, are warning that the economy needs more rescue aid from Congress."