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Eye regarding the economy: What Biden-omics Misses

Joe Biden blames slow Trump-era wage development on “inequality,” observes James Pethokoukis during the Week, “but poor productivity creates a better description.” And though “Biden-omics” calls for spending on infrastructure and technology research, which may “eventually produce a far more efficient and innovative economy,” boosting efficiency, several of those gains could be “offset by income tax and regulatory changes that downplay or ignore” possible setbacks to growth that is economic.

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