President-elect Biden will seek to bring America back to what he sees as a more normal time in 2021, while President Trump seeks to lock in control of the GOP – all at a time when disinformation and alternative narratives are getting worse.
- Here are five of the greatest storylines that’s what will shape America next year, according to Axios experts – from politics to business, technology and media.
Biden will be “a man on a small, lonely island trying to unite the country,” trying to restore politeness and return to normal in an America where that is no longer possible, Axios’ Margaret Talev reports.
- “I think the only thing he really controls is himself, and that is [why] he will try to use the pulpit. “
President Trump’s anticipated announcement that he will become president again in 2024 allows him to “freeze the Republican Party”, Axios’ Jonathan Swan Reports. The timing is not imminent, but when it happens, “he will try to control the Republican National Committee … and he will try to crush the future Republican field of 2024.”
- And to those Republicans who want to flee in 2024 and hope that Trump will walk into the sunset: “He’s not doing that.”
The Emergence of Alternative Universes is on track to get worse, for Axios’ Sara Fischer. “The information economy is definitely in favor of speed and scale, but also of exaggeration. It is not in favor of facts and measured reporting.”
- “I think there have been a lot of people who have armed that reality, including the president. If you want to get a message across, it’s actually easier to do it and encourage more engagement by being kind of hyperbolic and untruthful than it is. be truthful. “
When things really move to combat the power of Big Tech, they come from regulatory agencies – such as the Department of Justice or the Federal Trade Commission – rather than Congress, Ina Fried of Axios reports.
- Yes but: “The tech companies generally move faster than the regulators, even when the regulators are actively investigating. That’s not a good forecast for change.”
The Federal Reserve “created an environment where risks don’t exist,” but it can’t last forever and Wall Street knows, per Axios’ Dion Rabouin.
- “It’s the mock economy … The nuts and bolts of buyers and sellers, of the market, of making products and selling things, that’s not going well at all. But the Fed just said, when the stock market is going down. we’ll be here with our fake money. “