The reports of President Biden’s resurgence are greatly exaggerated. On Tuesday, Biden signed into law the so-called Inflation Reduction Act, which the media are touting as a significant “Biden victory.” The press celebration is just the culmination of a broader public relations effort claiming the Biden presidency is gaining “momentum.”
Yet small businesses on the front lines of the economy tell a very different story of economic turmoil, which this tax-and-spend legislation ...