The unanswered question: why are there Allah socks in the first place?
I am imagining a clothing supplier in China receiving an order for socks for a bargain store chain in Malaysia. "What design should we put on it?" "I dunno, anything that appeals to the customers." "What do Malaysians like?" "They're Muslims, right? Guess they like Allah." "Aight let's go with that."
This is the flip side of the US achieving a "soft landing", bringing down inflation without triggering a recession. Not having a recession is good, right? Yes, in the main, but one consequence is that asset prices, including housing, will remain elevated for the foreseeable future. These tax credits that Biden's proposing amount to no more than tinkering around the edges of the basic economic situation, at best. At worst, they could ruin the Fed's inflation-fighting campaign at the last stretch.