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Illustration: Lazaro Gamio/Axios

Get ready for the most politically correct — and politically incorrect — election of our lifetime.

Why it matters: Look for 2020 Democratic candidates to be more careful than ever not to offend anyone, while Trump revels in the contrast with a stream of outlandish assertions and observations that will delight his followers.

  • On one side, you have President Trump, easily the most politically incorrect figure to win the White House in the modern era. He loves nothing more than to taunt liberals, the media and America with throwback thinking and insults. 
  • On the other, you have the most diverse Democratic field ever, showing early and enthusiastic insistence on inclusivity, as well as race, gender and lifestyle sensitivity.

This weekend was a sneak peek: Beto groveling and Trump bellowing. Beto O'Rourke apologized for joking during his first two days on the trail that his wife is raising their three children "sometimes with my help."

  • For good measure, he admitted his white male privilege had benefited him, and he said his preference for a running mate would be a woman.
  • As RedState put it: "Beto Apologizes for Being White & Male After the Woke Trash Him Over a Joke About His Wife."

At the same time, Trump was tweeting love for two embattled Fox News hosts — Tucker Carlson, who made misogynistic comments on a radio show a decade ago, and "Judge" Jeanine Pirro, who made an anti-Muslim comment on her Fox show.

  • "Keep fighting for Tucker, and fight hard for @JudgeJeanine. Your competitors are jealous," Trump tweeted.
  • Trump continued: "Stop working soooo hard on being politically correct, which will only bring you down. ... The losers all want what you have, don’t give it to them. Be strong & prosper, be weak & die!"

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Go deeper

Justice Department drops insider trading inquiry against Sen. Richard Burr

Sen. Richard Burr (R-N.C.) walking through the Senate Subway in the U.S. Capitol in December 2020. Photo: Stefani Reynolds/Getty Images

The Department of Justice told Sen. Richard Burr (R-N.C.) on Tuesday that it will not move forward with insider trading charges against him.

Why it matters: The decision, first reported by the New York Times, effectively ends the DOJ's investigation into the senator's stock sell-off that occurred after multiple lawmakers were briefed about the coronavirus' potential economic toll. Burr subsequently stepped down as chair of the Senate Intelligence Committee.

Netflix tops 200 million global subscribers

Illustration: Rebecca Zisser/Axios

Netflix said that it added another 8.5 million global subscribers last quarter, bringing its total number of paid subscribers globally to more than 200 million.

The big picture: Positive fourth-quarter results show Netflix's resiliency, despite increased competition and pandemic-related production headwinds.

Janet Yellen plays down debt, tax hike concerns in confirmation hearing

Treasury Secretary nominee Janet Yellen at an event in December. Photo: Alex Wong via Getty Images

Janet Yellen, Biden's pick to lead the Treasury Department, pushed back against two key concerns from Republican senators at her confirmation hearing on Tuesday: the country's debt and the incoming administration's plans to eventually raise taxes.

Driving the news: Yellen — who's expected to win confirmation — said spending big now will prevent the U.S. from having to dig out of a deeper hole later. She also said the Biden administration's priority right now is coronavirus relief, not raising taxes.