LARRY KUDLOW: Wall Street may be waiting for President Joe Biden’s big announcement on infrastructure. President Biden expected to unveil his plans, this alleged infrastructure plan I should say, which frankly is going to be less about traditional infrastructure and a lot more about the Green New Deal and a massive, across-the-board, tax hike.
Also buried in the plan is going to be social infrastructure, which will be a massive expansion of the welfare state with no work incentives.
Robing Peter to Pay Paul- The poor will continue to be poor.[Look at New York NYSH} and the rich would invest less. Less Jobs than more. Yoooo Goooo.
So we tax every one to give the money to certain businesses of the Government's choice to invest. The best free market ever. Just a thought.
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