Dear Always,
America of the eighties gets no credit for the fall of communism. South America took a sharp left turn as the USSR crumbled. But Biden is in a similar fortuitous position. We’ll see how the decade plays out.
The Reagan years were so successful for two reasons. 1 The reversal of the down years that came before it. Reagan let things slide and focused on getting the most out of the upswing. 2 Allowing business to be done in completely new and untested ways. Both these factors play heavily into Biden’s economic plan. He has every corrupt politician drooling.
Biden has been around a long time. And if has barely been in the private sector. One thing he knows very well. How political legacies are built and collapse.