While ‘the Socialists Are in Charge of the White House,’ Markets Tank
Biden wants to punish success by redistributing income and wealth, but he doesn’t understand the common-sense point of view that if it doesn’t pay after tax, then you’ll get less work and investment.
The stock market is not always right as a short-run predictor, but it does give us a sense of whether the health and wealth of the country is going up or down.
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