Robert Shapiro: “While many people are uncomfortable communicating bad news, Democrats have a problem these days talking about good news, especially on the economy.”
“Based on the data, President Biden and the Democratic Congress are set to preside over the strongest two-year performance on growth, jobs, and income in decades—so long as the current cycle of inflation eases, and the Omicron variant does not trigger another round of shutdowns. The future paths of inflation and the pandemic are large and important unknowns—but if they break right, everything else points to a Biden boom through 2022.”
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