There’s nothing magic about a $1.9 trillion stimulus package. That’s a number driven more by politics than economic necessity, and President Biden’s push to “go big” on stimulus relief could hurt his ability to solve big problems later on.
Unlike his predecessor, who inherited a booming economy and a world at peace but could only see “carnage,” Biden looked out from a ransacked Capitol to a country reeling from pandemic and riven with injustice and saw the possibility for renewal and rebuilding.
The lawsuits accusing the tech titans of an illegal monopoly will at the very least put Silicon Valley firms on their best behavior for the next several years as cases make their way through federal courts — and they could also put other big companies in concentrated industry on notice.
Party leaders and caucuses are deeply invested in maintaining unity and will not compromise. But with support from a new president, individual senators and representatives might be interested in making deals.