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A Republican Senate would be bad for business

Divided government is all too likely to mean paralysis at a time when we desperately need strong action

November 13, 2020 / 01:38 PM IST
A Republican Senate would be bad for business

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Paul Krugman So, the blue wave fell short of expectations. Joe Biden will be the next president, but unless Democrats pull off an upset in the Georgia Senate runoffs — which, to be fair, they might, given the remarkable strength of their organizing efforts there — Mitch McConnell will still be the Senate majority leader. Big business seems happy with this outcome. The stock market was rising even before we got good news about prospects for a coronavirus vaccine. Corporate interests...

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