Nothing else is resolved about the national drift toward the Niagara of woe just downstream of here. Mr. Biden couldn’t have asked for trouble more loudly on Day One than by shutting down deportations of foreign nationals here illegally and signaling an open borders policy. The legions of newly unemployed and financially ruined US small business owners and workers may take a dim view of that. Rent and mortgage moratoria are extended as far ahead as June, as if landlords and mortgage-lenders don’t need to be paid to keep the banking system running. The new president has promised further and even more severe Covid-19 lockdowns. The Democratic Party apparently wants to utterly destroy what’s left of the real on-the-ground economy. No incoming US president has gotten off to a more feckless and ill-fated start.