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>It depends on how the Administration interprets the underlying factors of the actual vote. They may have been apprehensive before and governed more liberally than they otherwise would have. With bigger majorities in both Houses, they may be more emboldened. I am hopeful, just not overly so.


I hope you are correct and they use their power to make some progress in fundamentals of economic policy they claim to support. My fear is they will interpret it more as an opening to push their social policy goals, while spending like they have over the last four years hoping growth will erase their massive debt.