Yes those of us who live in Munchkinland are rejoicing that it looks like the wicked witch is dead. Yes the Trump presidency is coming to an ignoble end.
Unfortunately for the Democrats, the battle has already begun for the future control of the party. As predictable as farting after too many tacos, the left wing has declared the party ran a campaign too afraid of alienating conservative mid westerners. Meanwhile the main stream of the party is starting to argue that the acquiescence to the demands of men with bullhorns demanding to defund the police killed the hopes of many potential Democratic Senators and Congressman.
Since this is obstensibly a blog about the economy, we are looking at a Biden presidency. He will not do the weird things that Trump did but where a Republican Senate will stop him from doing anything that disrupts the status quo on taxes or government programs.
It should be good for the stock market. As the old song goes, "the rich get richer and the poor have babies".
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