Two Cheers for Political Gridlock

It makes for better governance, and the economy tends to perform better.

Dear Capitolizers,

Well, that was quite the year we had last week. Sheesh. Anyway, as of this writing, the future composition of the U.S. executive and legislative branches is still a little unclear, but it’s increasingly looking like 2021 will feature a President Biden, a Speaker Pelosi, a Majority Leader McConnell, and little in the way of a governing …

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