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Biden’s Economy Will Be a Train Wreck

Biden’s Economy Will Be a Train Wreck
President Joe Biden sits alongside Vice President Kamala Harris, 2nd left, and Treasury Secretary Janet Yellen, right, as he holds a meeting with business leaders about a Covid relief bill in the Oval Office of the White House in Washington on Feb. 9, 2021. Saul Loeb/AFP via Getty Images
Rupert Darwall
|Updated:
Commentary

Warning lights should be flashing. Less than a month in, it’s becoming evident that President Joe Biden’s economic policies are likely to end in disaster. The wrong economic diagnosis and the politics of not letting any crisis go to waste is leading to the most damaging mix of economic policy in decades.

Rupert Darwall
Rupert Darwall
Author
Rupert Darwall is a senior fellow of the RealClear Foundation and author of the books “The Age of Global Warming: A History,” “Green Tyranny: Exposing the Totalitarian Roots of the Climate Industrial Complex,” and “Going Through the Motions: The Industrial Strategy Green Paper.” Darwall also authored the reports “The Climate Noose: Business, Net Zero, and the IPCC’s Anti-Capitalism,” “Capitalism, Socialism and ESG,” “Climate-Risk Disclosure: A Flimsy Pretext for a Green Power Grab,” “The Anti-Development Bank: The World Bank’s Regressive Energy Policies,” and “The Folly of Climate Leadership.”
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