Fundamental Analysis
Treasury is still acting like we’re in a depression,” he added. “They’ve spent and spent and spent, and my new fear now is that spending and the resulting interest rates on the debt that’s been created are going to crowd out some of the innovation that otherwise would have taken place.”
The pandemic onset occurred under the Trump administration, which signed into law a $2.3 trillion coronavirus relief package in 2020. Biden 
then signed another nearly $2 trillion relief package in 2021
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