Morgan Stanley is crediting President Biden’s economic policies with driving an unexpected surge in the U.S. economy that is so significant that the bank was forced to make a “sizable upward revision” to its estimates for U.S. gross domestic product, CNBC reports.As a result of these unexp
  • admiralteal@kbin.social
    13·
    3 years ago

    Also absolutely massive subsidies are flowing out of the IRA into a lot of diverse economic sectors for the purpose of fighting climate change. Estimated $1.3 trillion since it is uncapped and built largely around unit subsidies.

    That is a lot of money flowing to a lot of firms. Republicans like money going to businesses.