Charles Payne: Biden Lavished Trillions on Favored Businesses and Industries

EXCERPT:

PAYNE: “So, President Biden is out, but the media, well, they continue his warnings of oligarchs and modern-day Robber Barons. In fact, many are pointing to this photo, right, the Big Tech attendees at the inauguration yesterday. CEOs of five of the Mag 7 companies, we’re talking about $12 trillion in market cap, witnessing Donald Trump being sworn in as the 47th president of the United States. Now, considering the importance of technology in the world, I actually took more comfort in the amicable relationship there, you know, and these these sort of constant warnings that they had to deal with before, regulatory actions, including possibly breaking these behemoths up. It was always like wagging their finger at them where we want to control you. But I will say this, when it comes to the very wealthy, rhetoric is one thing. Reality is another. President Biden was amazing for the richest folks out there. He lavished them with trillions of dollars. Of course, it was his favorite businesses and industries. And it didn’t matter if they struggled on their own. Even many of them, to be quite frank with you, would not exist without taxpayer money.”