Feisty Joe: I am glad Joe Biden seemingly took a lot of Adderall before delivering his State of the Union address, since it made him look alive. The only downside was that the actual policies he talked up were all terrible. ...

As for actual substance, Biden spent a fair chunk of time "proposing temporary tax credits of $400 a month to compensate for high mortgage rates and the end of title insurance fees for federally backed mortgages," per Reason's Christian Britschgi. The White House circulated more info about this plan, which would "increas[e] the number of tax credits available for low-income housing developers" and create "a $20 billion competitive grant program that would directly fund affordable apartments." All of these are odd, expensive fixes for the actual problem, which is low housing supply that could be fixed by zoning reform and reducing the political power of NIMBY activists.