OK, let’s bring this thing back to Earth. This is a huge plan and although he has the House and Senate votes to make it happen, I doubt he will have a lot of drive to make it all real. Yes, Wall Street dreams of another round of money printing and big corporate America wants nothing more than those monster projects but this is reality. And reality has a habit of biting back. Biden will damage America – no doubt. But the circumstances around his coronation and his mere presence will stiffen the spine of a massive portion of the population. America will take damage, bad damage, but it will rise again stronger than ever before. It has survived worse.
Under President-elect Joe Biden's attempts to “phase out” natural gas, petroleum, and coal, the prices we pay for energy will go up.