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Plus we have the idea of injecting $2 Trillion into the lower end of the economy,

However warrented we may feel they are, gifts to the lower end of the economy does little to stimulate but does create a sense of entitlement. Yes some households require financial assistance, but this is best done through the careful safe opening of small business instead of the much easier masking and business closing mandates of most Blue state governments.

It is for these reasons that post war market performance is 150% better under democrats.

This, like the TCJA benefited only the wealthy, is a myth my friends on the left just love to repeat...over and over.

It usually takes 2 years or perhaps 3 to see the economic impact of an Administration's economic policies, usually related to tax and spending programs. Creating welfare programs creates dependency and reduces the incentive to work, sacrifice and compete. Kinda the equivalent of guaranteeing a trophy to every team member regardless of the individual and team's actual performance and won/loss record. Democrats don't know how NOT to do this.

Democrat Administration's benefit from the economic policies of the previous Administration...not their own, which is usually passed forward for future Administration's to deal with. A quick look at the financial health of Democrat dominated large US cities shows this.

The Biden Administration will benefit mightily from Trump's focus on opportunity zones, low comparative corporate tax rates, the 199A pass thru deduction for small business, accelerated depreciation schedules for small business, and the mandate to reduce excess overlapping Federal regulations along with the confidence improvement from a secure border. But the large deficit spending of Biden's congress will continue to expose the US economy to the potentially devistating effect of crushing interest expense as a % of the Federal budget should interest rates rise in response to rising inflation.

BruceM
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