Joe Biden’s recent Executive Order supporting greater competition in the American economy rightly states that a more competitive marketplace creates jobs, lowers prices and provides more choices for consumers. The policy states that “over the last several decades, as industries have consolidated, competition has weakened in too many markets, denying Americans the benefits of an open economy, and widening racial, income, and wealth inequality. Federal Government inaction has contributed to these problems, with workers, farmers, small businesses, and consumers paying the price
The paradox of Biden’s economic approach
The paradox of Biden’s economic approach
The paradox of Biden’s economic approach
Joe Biden’s recent Executive Order supporting greater competition in the American economy rightly states that a more competitive marketplace creates jobs, lowers prices and provides more choices for consumers. The policy states that “over the last several decades, as industries have consolidated, competition has weakened in too many markets, denying Americans the benefits of an open economy, and widening racial, income, and wealth inequality. Federal Government inaction has contributed to these problems, with workers, farmers, small businesses, and consumers paying the price