Racket of the Week: The $2 Billion Deli

How does a small sandwich shop near Philly that did $13,976 in sales last year come to have a two billion dollar valuation?

For decades, any debate about spending was a zero-sum affair, with stimulus advocates butting heads with deficit hawks warning of inflationary disaster. But after Joe Biden’s “transformational” relief package this year, the hawks have retreated, seemingly for good. It feels very Alan Greenspan, ve…

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