Posted: Mar 09, 2022 12:01 AM
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When the international community slapped sanctions on Putin’s Russia, many people cheered. Bad things were going to start happening to a bad country. However, with rampant inflation and a domestic energy sector that had already been attacked by the reckless Biden Administration, the effect on the American economy is likely going to be harmful as well. Now, in defense of the Ukrainian people and greater stability in the world, that harm might be worth it, but the pain that we are all about to experience didn’t have to be this bad. And, looking around at the rest of the Biden agenda – he seems to be using the same playbook and making many similar mistakes. The public policies that the President announced at Tuesday’s State of the Union will slow innovation and investment – which means that responding to the next emergency will be even harder. When COVID-19 was unleashed, a vaccine was developed in days. That development is thanks to the fact that in the U.S. we enjoy a robust, competitive research and development economy with strong rule of law to protect innovators. In fact, not just one vaccine was developed, but multiple vaccines. This wasn’t an accident …
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