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This week in Bidenomics: Flameout

The last week of Joe Biden’s first year as president has probably been his worst so far.Inflation hit 7%, the highest level since 1982. Retail sales fell by the most in 10 months. The Supreme Court blocked Biden’s vaccine mandate for most employers. Stocks are starting 2022 in a slump, as investors fret about inflation and rising interest rates.…
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