As a citizen that has lived long enough and has reach the age of reason, we should know by now that any words or promises made by politicians are nothing but BS that needs to be said so they can win the people's confidence into voting them into power. I saw a post in Twitter about the similarity of the people believing in politician's promise to the people who believes that the prostitutes are in love with them.
To answer the question as to whether Biden's administration will be good for business, definitely women and minorities will be a highlight in their presidency but the recent ghosting of their administration on the BLM movement after the election will definitely be a factor in this part; most programs and regulations will be targeting the recovery of the economy and considering small business are hit the hardest although they are making the big part in economy, which could mean that there is a possibility that most programs and regulations will be good for small businesses. And maybe they will give power to some big fintech companies. In conclusion, this administration will be a mixed bag.
I am pretty sure there is a difference between women and minorities issues versus economical issues. One of them is fiscal whereas the other is social and Biden could be a bit more liberal when it comes to social stuff so we will definitely see improvements on the lives of minorities and women but he is also financially fiscal person as well, he will not let the debt get out of control and economy to crash.
He already passed a 1.9 trillion dollar package that mostly helped the poorer people, planning to rise the nation to its feet from the bottom up so that we could actually have a recovery and not just some rich folks being able to afford their third yacth with a new tax cut. He is going to get the american working machine all riled up and will make his presidency a great deal about how financially recovered USA will be by the end of his term.