Decency dividend
Jim Newton Itasca If you’re an investor, you know the value of stock dividends, but some dividends are more like a mirage: the “peace dividend” after the Soviet Union fell, for example. Former U.S. Treasury Secretary Donald Regan soberly stated in a 1989 interview, that the peace dividend is not going “to be some huge sum that falls in our lap as though we won a sweepstakes or something.” I had hoped the 2020 Biden-Harris election win would produce a “Decency Dividend.” It didn’t. I didn’t overestimate their ability to deliver, I underestimated our resistance to ...