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Fareed Zakaria GPS
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The Hypocrisy of Joe Biden's Economic Policy
Almost every element of Joe Biden's economic policy has a by-America component to it. Its green subsidies are causing some European companies to build new plants in America. This sounds great, but not to the Europeans who must now offer their own bribes to invest at home instead. It conjures up an autarkic vision of the world that is quite far removed from reality. The greatest challenge for Americans over the last few decades has been that middle-class wages have not kept up with rising costs of living.
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