When President Joe Biden unveiled a series of sweeping executive orders to combat monopoly power, the response from Republicans was notable — because there was barely one at all
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But, so far, much of the GOP’s newfound economic populism has been delivered in words rather than action. And that’s given Democrats space to pursue an agenda that, even just five years ago, likely would have sparked massive blowback. Some of Biden’s actions came on issues that already had Republican support, including the effort to bring down the price of hearing aids, discouraging agricultural consolidation and limiting so-called noncompete agreements that harm U.S. workers, among others. Twenty-one Republicans backed Khan’s nomination.
Instead of going after Biden for targeting big businesses, Republicans have focused on Covid-related policies and spending, immigration and fears of inflation. Meanwhile, party activists and much of the conservative media ecosystem are prioritizing cultural war issues, from conspiracies about Dr. Seuss works being prohibited to the teaching of critical race theory in schools.
Segal, a former state lawmaker from Rhode Island, said the Biden administration reflects a more modern Democratic Party — one animated by liberal figures like Sens. Elizabeth Warren and Bernie Sanders and more willing to embrace antitrust issues. Biden at several points has called out Amazon and Facebook, telling a TV reporter Friday that the social media giant is “killing people” by failing to police its users trafficking in vaccine disinformation.
“I think there is a growing recognition on the right that some of these concentrated corporate powers can be a problem and it’s been used to drive a political agenda that folks on the right disagree firmly with,” he said. “I think that tech platforms de-platforming Trump was a watershed moment for people on the right.”
“It’s really amazing, we have something Biden and Trump agree on, they want to go after big tech companies,” said Stephen Moore, who was an economic adviser to Trump. “It’s a dangerous time because we have the Josh Hawleys of the world linking forces with the Elizabeth Warrens of the world, and it’s really troubling to me as a free market guy.”
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